Thanks, Nish, and morning, good everyone.
like I'd few Before with review performance. in the a discuss quarterly I of our to begin quarter the detail, highlights P&L start more and
an entire the a more September, than into incremental it's operating really Revenue basis compliant quarter, in growth in of reported the or constant we growth SCBA revenue month It any solid adjusted income XX% not leverage in could that that operating encouraging on currency. is X% considering of growth level XX%. margin for see resolve. X% Americas was a We with but growth to ship NFPA of
related this operating price on of Sierra of basis the the points XX% primarily inventory points dilution compensation related up ago. basis non-cash note related includes to time increased comparison important margin XX transaction. from Monitor acquisition, associated the the stock Adjusted amortization XX to And charges to and of to step purchase that allocation year it's with
to EPS by was $X.XX. dilutive Sierra adjusted
integration a we and to there. are accretive track earnings our basis on was with plans on by it $X.XX cash However,
Sierra That integration In improvements fact, a the to we completed us went well beginning of of live drive in we October. the the at milestone major at plan positions on SAP business. when
This earnings the tax non-recurring note important tax than in the Europe step were the with impacted $XX it's that flat $X.XX million from largely per driven higher $X.XX. earnings in more to was our in repatriation Adjusted but rate at a up adjustments. other repatriation by rate associated by and of cash share the quarter quarter share, per
Free and nice million of in improvement showing cash half this XX% deployed million $XX reduced first dividends investing of in for conversion was our debt from the net million, income flow We by $XX CapEx. the about year. while quarter, balances $XX
had through in on FX increased Now, currency. I'd our quarter revenue X% in you headwind revenue in a constant the the walk like to results. financial Total X% We third quarter. quarter
to gas Gas solid segments. results of see the the was side businesses. strong and cycle growth long in both and reporting continue detection We fix board across our across our both portable detection short in
personal product As products well of Nish new protective, growth accepted to main in not only as fall was but in by our as our business revenue in the well. growth, protection of strong protection. continue sales, did strongly which evidenced which product had mentioned, the margins our Americas was growth new be up quarter And we overall fall in market, that by drove source XX% see in revenue products industrial the category were
to The which rate markets results double are our as was growth quarter, build the the in pressured important despite good drive a and a order backlog and delays quarter in very second be in was and year-to-date, in we seeing international markets healthy tough a Emerging a X% half Americas, continue that shipped area result comparison SCBA large like in a of SCBA comparable business in digit will continue in has order. in related of quarter XXXX. to and international analysis to specific the of and fourth China, these we quarter areas healthy The from the that across the shipping the at challenging period activity. the grown growth
profit up executing And on basis. a basis however, pricing to we’re includes purchase provide The that our year basis last leverage. points recent Gross with points healthy the from these reported oriented XX Gross new excluding accounting was products up acquisition. XX very profit good continue in Profit a and actions quarter. costs associated the gross was
transaction related to basis which compared million costs $X $XX quarter XX.X% of we related of a excluding SG&A XX efficiencies leverage million ago. sales, Sierra the costs, $X from business, and points year cost Sierra’s expense the was all of about million in base includes SG&A of gained and or for
to restructuring activities executing business. streamline We on also our to focus continue
on it's good X%. are And the restructuring international particularly see our to in with is revenue track that is We activities expense up in year. that executing throughout we the SG&A Europe, control down been that the have segment, X% on where in quarter
quarter up XX% a operating incremental and costs transaction liability foreign in was income year or are the expense, operating margin margins points and exchange, the on XX% restructuring, was XX excluding that adjusted quarter, $XX XX% exceeding basis of sales million year-to-date. GAAP strategic product from ago XX% in
compensation the was from accounting non-stock which XXX in expanded items, Excluding is the by driven basis acquisition, non-cash by the included and dilution the in stock operating points segment related purchase margin Sierra quarter. and Americas --
It our is between gains see balance good to reporting segments. the margin also
in the international moments from programs basis posted strong leverage the basis reduction a segment quarter. mentioned With and I points expansion, improving gaining the XX international profit XX Americas few while ago. Americas improving the gross points is cost
income comparison this prior the accruals to product important a year in versus year. almost and is earnings. million $X of to million adjusted income $XX liability charge that impact results this of adjusted is our operating GAAP with recognize It neutralized operating in associated included related year-over-year The change
Our affiliates. from XX% GAAP million our effective that tax foreign elevated we at $XX of cash as a repatriated the of was rate result European
rate, for this certain the EPS. about is trending We impacts quarterly tax items had specific impact from effective certain $X.XX neutralizes XX%. at year detracted which unfavorable of Year-to-date adjusted non-cash our that
for for effective our XXXX. XX% adjusted to rate to be We planning are year XX% full
earnings ago. was relatively were a flat million, quarterly income from is $X.XX GAAP $XX net which adjusted year or share, million; per $XX
were I profitability of costs Monitor operating and from Sierra incremental tax As margins north EPS were the which the indicates higher profile our healthy. The continues that related detractors quarter. mentioned, XX%, rate to be non-cash to in
of much still intact. earnings XXXX on and expectations very of Our long-term sales is a multiple growing
of liability. about the for Free million product flow was net $XX cash in $X which outflows quarter, includes million
If million inflows receivables had $XX third you in quarter insurance the ago. of year recall, a we
quarter, quarter a for During for cash source conversion. cash inventory provided the deliveries, receivables the growth our we and but of drove used and fourth flow support cash current to prepare stronger revenue
quarter level. the and the order more and of cash puts a million despite debt-to-EBITDA in pay The times enabled us XX% the flow $XX million than was down debt X.X growth gross flow in fund the pace. on which conversion revenue stronger to quarter, strong cash $XX Free dividend at
is quarter we as teams reflects continue flexibility to cash our business and balance provides and growth, acquisitions. in sheet pursuing focus from another to strong and flow. with productivity our investing performance continue Our us The the solid on
basis in XX% XXX X.X pace We the cash in book as strong quarter. our of growth, In than the well the X% at and flow improvements despite quarter. excess is as margin conversions expansion business positions points which the order margin in healthy in profile was great incremental in to summary, more The free quarter it fourth for of was to had see well bill organic intact the and a times growth.
We continue expect growth to year constant for revenue currency the digit mid-single full of XXXX.
call over turn some the concluding Nish that, back With commentary. Nish? for to I'll
