LCI Industries announced unaudited earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported net sales of $547,137,000 compared to $402,899,000 a year ago. Operating profit was $44,185,000 compared to $40,596,000 a year ago. Income before income taxes was $43,910,000 compared to $40,203,000 a year ago. Net income was $17,464,000 or $0.68 per diluted share compared to $26,299,000 or $1.05 per diluted share a year ago. Capital expenditures were $26,876,000 compared to $22,744,000 a year ago. Adjusted non-GAAP income before income taxes was $43,910,000. Adjusted non-GAAP net income was $30,673,000 or $1.20 per diluted share. Effective tax rate was 30%.

For the year, the company reported net sales of $2,147,770 compared to $1,678,898 a year ago. Operating profit was $214,281 compared to $200,850 a year ago. Income before income taxes was $212,844,000 compared to $199,172,000 a year ago. Net income was $132,884,000 or $5.24 per diluted share compared to $129,671,000 or $5.20 per diluted share a year ago. Capital expenditures were $87,221,000 compared to $44,671,000 a year ago. Net cash flows provided by operating activities were $154,773,000 compared to $203,407,000 a year ago. Adjusted non-GAAP income before income taxes was $212,844,000. Adjusted non-GAAP net income was $146,093,000 or $5.76 per diluted share. Effective tax rate was 31%.

For the year 2018, Capital expenditures are expected to be $70 million to $80 million. Annual tax rate to be 22% to 24%.