In the 4Q 2016, Armstrong Flooring's net sales were $271.7 million compared to $280.1 million in the 4Q 2015, as a result of declines in both Resilient and Wood segment net sales. Excluding the impact of foreign exchange, net sales were down 2.8%, compared to the prior year quarter.
The 4Q net loss was ($6.3) million, or ($0.23) per diluted share, as compared to ($16.6) million, or ($0.47) per diluted share, in the prior year quarter.
Adjusted EBITDA Under Wood LIFO, Constant Fx was $2 million, as compared to $5.7 million in the prior year quarter, attributable to lower net sales which more than offset lower manufacturing and SG&A costs.
Adjusted EBITDA Under Wood FIFO, Actual Fx was $5.5 million, as compared to ($9.7) million in the prior year quarter, primarily due to the benefit of lower raw material costs.
Armstrong Flooring, Inc. is North America’s largest producer of resilient and wood flooring products.
