IDEX Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net sales of $523,899,000 compared to $520,620,000 a year ago. Operating income was $94,454,000 compared to $103,873,000 a year ago. Income before income taxes was $85,342,000 compared to $92,695,000 a year ago. Net income was $61,620,000 compared to $67,555,000 a year ago. Diluted earnings per common share were $0.77 compared to $0.82 a year ago. EBITDA was $114,539,000 compared to $122,816,000 a year ago. Adjusted EBITDA was $128,211,000 compared to $122,816,000 a year ago. Cash flow from operating activities was $101,378,000 compared to $101,612,000 a year ago. Capital expenditures were $14,177,000 compared to $8,396,000 a year ago. Free cash flow was $88,116,000 compared to $94,879,000 a year ago. Adjusted net income was $71,057,000 compared to $67,555,000 a year ago. Adjusted EPS was $0.89 compared to $0.82 a year ago.

For the full year, the company reported net sales of $2,147,767,000 compared to $2,024,130,000 a year ago. Operating income was $431,224,000 compared to $395,513,000 a year ago. Income before income taxes was $392,440,000 compared to $353,129,000 a year ago. Net income was $279,386,000 compared to $255,215,000 a year ago. Diluted earnings per common share were $3.45 compared to $3.09 a year ago. Net cash flows provided by operating activities was $367,961,000 compared to $401,522,000 a year ago. Purchases of property, plant and equipment was $47,997,000 compared to $31,536,000 a year ago. EBITDA was $511,242,000 compared to $474,669,000 a year ago. Adjusted EBITDA was $524,914,000 compared to $474,669,000 a year ago. Free cash flow was $326,239,000 compared to $378,546,000 a year ago. Adjusted net income was $288,823,000 compared to $255,215,000 a year ago. Adjusted EPS was $3.57 compared to $3.09 a year ago.

In 2015, the company anticipates full-year EPS of $3.65 to $3.75, with first quarter 2015 EPS in the range of 81 to 83 cents.