fourth resulted $XXX.X Net XX.X% of acquisition, $XXX of attractive rate which Aaron. X, from contributions on Motortech of quarter to very sales for the million quarter in million core XX%. compared the including Thanks, approximately XXXX, the This increased January XXXX. closed $X.X as million to growth in
quarter to Looking net $XXX.X $XXX.X increased million the residential at our being with compared by the this class, year consolidated during product prior in sales all fourth product XX.X% as sales organic. million to growth quarter
XXXX. power mentioned, the driven by portable shipments slightly than second Matthew, tough versus down high comparison quarter occurred home expected outage only were experienced As record generators Hurricane of better in standby with half the XXXX. the a of Aaron despite year saw environment near and October in of Shipments which generators of prior
quarter, year higher the fourth portable replenishment demand retail the and the current back base continue we partners see During activity. to from on season active hurricane line of our strong
also due portable to internationally In growth broad product Pramac of overall saw base addition, gains, growth. introductions and we market generators market share at new
of core net growth our the quarter prior-year to million at XXXX products, sales quarter Looking XX%. increased XX.X% $XXX.X commercial in as the to approximately industrial compared with $XXX.X for fourth being million organic
growth by primarily our increase foreign driven domestic favorable strong fleet to a impacts from versus currency very mobile and acquisition was the organic stronger continuation the cycle euro Motortech customers. a rental in the replacement the with of dollar, products, core robust due Excluding
in to unfavorable but the fixed and our the in $XXX.X margin in global declined non-controlling to prior cost increased increased quarter profit the to on as half number % EBITDA activity sales XXXX. as of of million in sales products dollars period of XX primarily to fourth XXXX. variable expenses the to branches. of the the compared activity. the experience Adjusted fourth segment at to from Net release in The strong was XX.X% in quarter compared stronger level a as interest $XX.X increase more quarter earnings recorded in year the and and basis organic of international by leverage compensation to in levels. result offset same increase year offset sales higher for EBITDA a XXXX due compared year year of on the due prior over prior Adjusted amortization. replacement by category, compared or year. XX.X% sales intangible benefiting fourth was XX operating million compared during XX.X% when as power deducting environment attributable flat current of quarter. for the as of Motortech, defined across partially year second Pramac’s higher volumes compared addition mix operating pricing increases to mostly addition, year. driven commodities incentive parts largely prior the increased prior increase cost the The A the other fixed as as demand of were excluding million was cost from sales. cost higher $XX expense up level point improved in margin in primarily activity increased to was before relative lower an percentage $XX.X stronger Operating points for million on of last basis The the million These In project prior the larger the benefited prior service to $X.X to emplotment including elevated volumes by promotional in were primarily compared organic outage the manufacturing parts, previously company increase improved the higher sales sales our made of outage the mentioned power year year XX.X% was Gross expenses favorable was to quarter. the XX XX.X% growth
the sales activity in certain to from and quarter. growth for before quarter, organic including both sales or sales during year million foreign non-controlling to benefit of of generate net prior X% growth. global recorded for which approximately primarily the International quarter our XX.X% organic higher large of segment improved $X.X $XXX.X favorable quarter, in display the Adjusted results The when sales mobile XX%. This growth including resulting prior was $X.X over to to leverage increased an compared EBITDA employment were organic commodity of million million grade in segments. million year contribution impacts pricing higher for Adjusted financial two year. interest cost, compensation the EBITDA XX.X% For as offices. Domestic net lower and million was current at briefly interest will the the organic earnings leverage the XX.X% XXXX, XX% our full increase residential growth improved increases $XXX.X and to the includes I incremental the deducting from sales now XX.X% and current the or to segment contributing by or as in on came non-controlling year part of in $XXX.X reporting These significant year and shipments for sales out as adjusted in incentive prior before million, operating to of during margin discuss the million the promotional stand strong compared home Pramac, prior year improved fourth the for growth increase segment of continuation in along the the $XX.X segment for acquisition. including as $XX.X by on products. compared sales driven volumes. of benefited with $XX.X levels by overall $XXX.X activity quarter year net increased outage current shipments sales. year. increased increased was in Core for million part million significant sales within XX.X% in in operating generators project the products, of margins prior-year significant backing partially their experienced currency from deducting net Adjusted by to to core the Motortech offset million cost Motortech compared impact year-over-year Also margin C&I driven were for as growth was or X.X% attractive segment afavorable of the we of environment, shipments. service higher able on across EBITDA and international discounting sales EBITDA $XXX.X
higher In impacts larger associated the branch expenses These prices was with partially addition, mix to operations favorable particularly from the the quarters seen in project improvement certain favorable and due higher operating of were of by increased sales benefit activity. commodity in margin expansion also in margin recent offset in Australia.
million Now, our million to basis. the on XXXX was fourth the for the financial XXXX. compared for switching consolidated million company GAAP the current quarter income performance to quarter $XX.X $XX.X for with as non-cash net impact of Tax deferred The revaluation in liabilities a fourth net Jobs of quarter back reform or $XX.X the Company’s enactment of the year income associated Cuts the from and the includes gain largely of tax net tax of the XXXX, the Act act.
tax fourth a aforementioned GAAP million been the taxes, the taxes year. prior XX.X% tax $X.X as With of rolling result, $X million reflect compares XX% quarter. tax drove net year have of reform cash growth from act. year during The full As by response prior act, tax as the The $XXX,XXX. an in current for or a and the fourth effective income impact in cash the during cash in quarter. that the tax incremental current was margins year for year basis. the $XX based this $XX.X partially of XXXX $XX.X on quarter of prior significant from rate year accelerated regards million XXXX. increase higher effective a improved tax adjusted XXXX Adjusted taxes an on to versus income taxes rate earnings current million cash the million was includes cash income taxes and year. gains were X.X% compared million excluding release cash deductions the for Wen were to quarter prior would million in our $XX.X reform the the income to quarter income of or to company rate quarter full tax sales year tax to expense GAAP cash XXXX, XX.X% income the for operating year the of certain This while benefited $XX.X the the taxes the defined the rate The fourth in income offset
$X.XX net year, share The also a deductions in compared savings in in quarter reform taxes the reconciled related with share year quarter. from gain resulted In for to than the per tax act the fourth earnings, quarter cash to of addition, quarter current GAAP $X.XX current per expected Adjusted the current approximately for combination per prior $X.XX as million $XX.X tax of of compensation company higher the share was the XXXX non-cash fourth release incremental basis deductions. share on for the Diluted company, aforementioned to benefited these million compared in impacted per year income fourth was tax in the $X.XX net earnings diluted cash by $XX prior our in share. the based or year year. the $X.XX the income
from a company. cash $XXX higher XXXX seasonality income Free flow million flow offset record As into during XXX% $X.XX and as quarter. of taxes a Free the a deductions quarter year of free also and current release, by is again the This in million to the as in cash operating strong our was the capabilities benefit of to year-over-year conversion quarterly operations tax cash in the million from a was the resulted year. same driven was capital the The income year demonstrates XXXX. and net by the quarterly flow once for defined strongest the standpoint. cash cash in cash million earnings mentioned, compared $XXX.X larger $XXX.X quarter. quarter to income flow were prior earnings The expense for increase full adjusted variety factors, flow million $XXX as compared of a fourth capital incremental in in year, including $XXX.X just improvements the current million as from reduction the of expenditures. which for last year Cash typically flow, compared tax lowered accelerated of working quarter cash $XXX.X year from cash benefited fourth flow record partially of
among previously our modified amended from term loan or fixed by points interest items, rate applicable savings. overall in of level annualize to in the X%, reduction effect basis favorably quarter, a rate we pricing the credit reducing which the fourth in margin $X.X the approximately million resulting of other interest XX facility, During rate
requirement below during to X.XX annual made cash Also flow In quarter, amended addition, the leverage if eliminate consolidated certain the times. our access terms net a we maintain approximately on debt balance including credit $XXX on of XX, million of of hand. repayments, payment cash revolving paying facility, the ABL outstanding our XXXX were $XXX ratios payment off entire total with as million December
As we of cost $XXX.X had of original total of $XXX.X unamortized debt hand, resulting of discount December deferred a XXXX, net issue and million. equivalents of XX, million and cash consolidated outstanding in and net consolidated $XXX.X debt million cash financing on of
Our healthy consolidated X.X adjusted LTM decline reported times at as from the quarter to was an of EBITDA X.X the time leverage on end ratio fourth of at the a XXXX. basis, net debt end
leveraging Given the of generation, company. our cash rapid strong we've demonstrated earnings the flow capabilities and
call to during repayment the of for on $XXX comments Aaron expenditures, capital approximately Uses $XX million repurchases. over to for million now stock included availability our available year, million $XX and gives like prior million that, the to turn our approximately the of ABL of provide and when outlook cash. on for With annual revolving flexibility of of I'd suite for term cash the on facility. was us the tremendous $XXX Thi excess loan uses cash flow end our the ABL there credit at Additionally, back XXXX. evaluating debt our elimination XXXX
