Fortune Brands Home & Security, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net sales of $1,301.6 million compared to $1,224.7 million a year ago. Operating income was $166.4 million compared to $140.3 million a year ago. Income from continuing operations before income taxes was $153.2 million compared to $128.3 million a year ago. Income from continuing operations, net of tax was $104.4 million compared to $87.6 million a year ago. Net income attributable to company was $103.6 million compared to $87.8 million a year ago. Diluted net income per share from continuing operations was $0.67 compared to $0.54 a year ago. EBITDA before charges/gains was $204.2 million against $179.7 million a year ago.

For the year, the company reported net sales were $4,984.9 million compared to $4,579.4 million a year ago. Operating income was $632.7 million compared to $496.1 million a year ago. Income from continuing operations before income taxes was $582.1 million compared to $459.9 million a year ago. Income from continuing operations, net of tax was $412.4 million compared to $306.5 million a year ago. Net income attributable to company was $413.2 million compared to $315.0 million a year ago. Diluted net income per share from continuing operations was $2.61 compared to $1.88 a year ago. Net cash provided by operating activities was $650.5 million compared to $429.2 million a year ago. Capital expenditures, net of proceeds from asset sales were $145.4 million compared to $126.0 million a year ago. EBITDA before charges/gains was $776.5 million against $649.2 million a year ago. Net debt was $1,179.6 million.

The company expects full-year 2017 EPS before charges/gains to grow to $2.95 - $3.05 on sales growth of 6% - 8%.