Orchids Paper Products reported earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported total net sales of $39,628,000 against $46,832,000 a year ago. Net sales of converted product decreased 12% primarily due to heavy promotional activity on branded products and increased competitive pressures. Operating income was $3,425,000 against $7,032,000 a year ago. Net income was $2,213,000 against $4,742,000 a year ago. Net income per diluted share was $0.21 against $0.45 a year ago. Earnings before interest, income tax and depreciation and amortization were $6,729,000 against $10,132,000 a year ago. Adjusted EBITDA was $6,798,000 against $10,219,000 a year ago. Net cash provided by operating activities was $3,850,000 against $8,249,000 a year ago. Income before income taxes was $2,948,000 against $7,190,000 a year ago. For the nine months, the company reported total net sales of $126,785,000 against $126,542,000 a year ago. Operating income was $15,700,000 against $14,046,000 a year ago. Net income was $10,190,000 against $9,856,000 a year ago. Net income per diluted share was $0.98 against $1.02 a year ago. Earnings before interest, income tax and depreciation and amortization were $25,854,000 against $22,659,000 a year ago. Adjusted EBITDA was $26,458,000 against $23,436,000 a year ago. Adjusted EBITDA increased 13% primarily due to an increase in average price per ton of 3% in 2016 compared to 2015. Net cash provided by operating activities was $20,259,000 against $13,183,000 a year ago. Income before income taxes was $15,040,000 against $14,264,000 a year ago.