increase everyone. same The the year. to a for installation completed driven quarter compared you, sales XX% third increased increased From residential IBP's quarter in million year-over-year construction the contribution morning, by the standpoint, was driven and recent market. and improvement quarterly last price customer Net million Thank a sales a revenue segment growth mainly of in mix, of during to period acquisitions. $XXX record good jobs across for higher XX% from revenue $XXX strong an volume by million, $XXX to Jeff, the new
quarter quarter, compared the XXXX On of basis, installation which third growth from the forma in by same-brand revenue multifamily includes sales and basis, from to XX% branch XX% pro prior Distribution year branch a million revenue, operations recent acquisitions third other same distribution increased of IBP's driven the results same sales the a XX%. segment Aluminum. $XX.X and single-family driven AMD improved XXXX million, and XX%, $X.X the Other operating to by quarter. of strong increased On manufacturing increased Central revenue
prior Our quarter residential XX% XXXX third same-branch year was the quarter. sales growth above
the strong sales pandemic to of in quarter. same-branch lingering commercial experienced the X.X% moderate Installation, sales effects installation we growth the continue COVID-XX growth, commercial increased third While overall our XXXX end in market.
our profit improved in profiles. different selling the we our pressure XX Adjusted highlight that XX.X% and basis realigned quarter to supply year-over-year we provide, service as third It's gross operating of the segments gross points important material inflationary have quality shortages. prices profit to reflect to margin
During segment's other profit XX.X%. to margin compared was the operating quarter, gross installation gross operating segment our margin XXXX of XX.X% third the
impact in recent the We segment acquisitions the not they it's on segment reported includes believe our did to more third an operating had note our other profit year at our The that on businesses business. quarter been gross the acquired relevant impact distribution margin time. have prior since not as distribution
about basis reduced gross points. margin the quarter by The segment XX third other impact consolidated XXXX
improvements and expense and to the selling costs from basis, quarter sales prior a million the to in prior distribution administrative third expense administrative net quarter the per periods basis quarter approximately to businesses. improved our $X.XX $XX percent sales The XXX at year of quarter XX.X%. selling and income third of increased to volume administrative reflects during share. leverage operating ability leverage Adjusted period as relative the expense third growth higher year from a XX% points year-over-year diluted On during GAAP our or strong
XX% net or million share. Our income to $XX $X.XX per diluted improved adjusted
businesses we fourth Based year expect We recent on with approximately any profitability. expect approximately these we periods. of XXXX closed for expense acquisitions, and the million measure quarter future which full During is to $XX.X noncash amortization would most change acquisition recorded million. XXXX, acquisitions $XX.X third million of of expense $X EBITDA million quarter This adjustment income, adjusted that period year. the new our amortization increased last expense of the same to is to why continue compared in the believe to XXXX net impacts we estimates useful $XX of
adjusted our improved XX% year was year. the XX.X% last to year. for of targeted as of third last Adjusted compared high incremental range a full XX% was revenue XXXX $XXX same to for XX.X% margin XXXX the XX.X% third from near a the Same for quarter, the the basis end EBITDA improvement the period Adjusted quarter million. branch for quarter, net percent third XXX of of same EBITDA XX% EBITDA long-term to period
XXXX. the quarter, XXXX December we effective XX.X% full of XX% effective an approximately to was tax third tax rate For ending our for the XX% continue XX, expect rate and to year
in our more Now look liquidity, let's sheet detail. requirements and capital at balance
model business continues to generate Our flow. cash operating strong
operating X operations the net net the increase our offset in months the period. income, in $XXX associated cash first the increase generated during from with XX, $XXX The million X XX% we million ended revenue higher compared working capital prior from net months For requirements was year in to flow year. September primarily in of year-over-year flow cash XXXX, which increased
XXXX, combined, to At the and September on X.X% for the excluding debt Capital months until period Also, leases of and we capital, interest of interest rate variable compared exposure. $XX equivalents investments. ended and $XXX existing total million agreements, limiting maturities XXXX, were incurred for which in X.X% million debt XX, working is cash swap last the September fixed rate we Through X XX, no revenue rate until $XXX significant XXXX, million rate finance our cash expenditures XXXX. our same interest have we December year. had
which net December target well we XX, shareholders. and our a trailing acquisition return had to XXXX, and X.Xx modest is of liquidity strong XXXX, X.Xx capital below ratio to stated of execute compared our to at Xx. XX, EBITDA continue debt our September adjusted to on leverage position we At strategy With leverage, XX-month
at quarter a During months the the of shares million common first and stock of XXXX shares of XXXX, its have $XXX XXX,XXX repurchases. IBP total X during of cost months X of dividends repurchased at first million through share million, nearly returned including the which to third cost a $XXX shareholders during commissions. $XX XXXX, total repurchased we X.X million includes
$X.XXX XX, the XXXX, December of remaining XXXX, quarter of record we Today, had IBP's announced repurchase XX, Directors share, December is program. million stock we fourth September on dividend approved of At XXXX. per $XXX availability XX, under Board of our which payable stockholders to on that
continuing committed while grow shareholders We through to and company programs. to share are dividend repurchase capital excess the our returning to
With this I back overview, closing turn to call the Jeff now will for remarks.