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Sales improved 42% over the fourth quarter of 2010, benefiting from acquisitions and continued organic growth
Before selected items, fourth quarter EPS was $0.37 compared to $0.30 a year ago
GAAP EPS was $0.12 in the fourth quarter compared to $0.30 in the fourth quarter of 2010
Full-year sales increased 28% to $1.11 billion, reflecting acquisitions and increases in demand
Before selected items, EPS was $2.81 in 2011 compared to $2.37 in 2010, which included EPS of $0.42 from GST; 2011 GAAP EPS from continuing operations of $2.06 compares to $2.96 in 2010
2011 EBITDA increased to $153.3 million from $121.8 million in 2010, which included $16.4 million from GST in 2010
CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 9, 2012-- EnPro Industries (NYSE: NPO) today reported consolidated net income of $2.6 million, or $0.12 a share, for the fourth quarter of 2011, compared to consolidated net income of $6.3 million or $0.30 a share in the fourth quarter of 2010.
Before selected items, including interest due to Garlock Sealing Technologies LLC (GST), a deconsolidated subsidiary, income in the fourth quarter of 2011 was $7.7 million, or $0.37 a share, compared with $6.4 million or $0.30 a share, in the fourth quarter of 2010. The results of GST and its subsidiaries were deconsolidated effective June 5, 2010, when GST entered a process to reach a permanent resolution of all current and future asbestos claims. A table on page 10 of this press release shows the effect of selected items, including interest due to GST, in both periods.
All per share amounts are stated on a diluted basis.
Sales in the fourth quarter of 2011 were $271.4 million, a 42% increase over the fourth quarter of 2010, when sales were $191.5 million. Improving conditions in the company
| Product Model | Inside Diameter | Outside Diameter | Thickness |
| 15100/15250 NACHI | 25.4 | 63.5 | 20.638 |
| 15101/15250X NACHI | 25.4 | 63.5 | 20.638 |