PC Connection, Inc. announced consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported net sales were $578.572 million compared to $556.247 million for the same period last year. Net income was $9.841 million, or $0.37 per diluted share, compared to net income of $8.869 million, or $0.33 per diluted share, for the corresponding prior year. Income from operations was $16.378 million compared to $14.638 million for the corresponding prior year. EBITDA was $18.456 million compared to $16.682 million for the same period last year. Adjusted EBITDA was $18.661 million compared to $16.880 million for the same period last year. Return on equity was 11.6% compared to 11.7% for the same period last year.

For the year, the company reported net sales were $2.22 billion, an increase of $62.8 million or 2.9%, compared to $2.16 billion for the year ended December 31, 2012. Net income was $35.7 million, or $1.35 per diluted share, compared to net income of $33.1 million, or $1.24 per diluted share, for the corresponding prior year. Earnings before interest, taxes, depreciation and amortization, adjusted for stock-based compensation expense, and special charges (‘Adjusted EBITDA') totaled $67.4 million, as compared to $63.3 million for the year ended December 31, 2012. Income from operations was $59.396 million compared to $54.632 million for the corresponding prior year. EBITDA was $66.485 million compared to $61.527 million for the same period last year. Net cash provided by operating activities was $19.656 million compared to $69.659 million for the same period last year. Purchases of property and equipment was $7.607 million compared to $9.250 million for the same period last year.