Full year 2012For the full year 2012, net sales were $3.6 billion, an increase of 8 percent over 2011. Diluted earnings per share were $0.71, compared to a loss per share of $0.23 in the prior year, and diluted EPS before charges/gains was $0.89 vs. $0.60 last year, an increase of 48 percent. Full-year operating income was $162 million, an increase of $177 million from the prior year, and full-year operating income before charges/gains was $228 million, an increase of 40 percent. “Our balance sheet as of December 31, 2012 became even stronger, with $336 million in cash, gross debt of $326 million and nothing outstanding on our $650 million revolving credit facility. Our net debt-to-EBITDA before charges/gains ratio is zero,” said Lee Wyatt, senior vice president and chief financial officer. “We are solidly positioned with several options to drive significant incremental shareholder value.” Outlook for 2013 For the full year 2013, the Company’s assumption for the growth of the U.S. market for its home products is 6 to 8 percent versus 2012. Based on this planning assumption and other factors, and the Company’s expectation to continue outperforming this market, the Company expects full year 2013 net sales to increase at a high-single-digit rate. The Company expects diluted EPS before charges/gains to be in the range of $1.13 to $1.23. This targeted range compares to 2012 diluted EPS before charges and gains of $0.89, as stated above. The Company expects free cash flow for 2013 to be at least $200 million, net of capital expenditures of approximately $100 million. “In 2013, we expect the home products market to improve much like 2012, and I am confident that we should outperform our market in similar form, delivering solid sales and profit growth. We believe our strong brands, compelling product innovation and operational excellence, along with our solid capital structure, position us to continue to outperform now and well into the future,” Klein said.