Orchids Paper Products Company announced unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported total net sales of $37,709,000 compared with $41,904,000 for the same period a year ago. Net sales decreased $4.2 million, or 10%, primarily due to heavy promotional activity by brand-competitors and other competitive pressures. Parent roll sales increased by $0.7 million while converted product sales decreased by $4.9 million. Of the $4.9 million decrease, $3.7 million was attributable to the decreased number of tons sold, and $1.2 million was due to a decline in the average price per ton that principally reflects the mix of customers buying the products. Operating income was $2,986,000 compared with $5,404,000 for the same period a year ago. Income before tax was $2,182,000 compared with $5,348,000 for the same period a year ago. Net income was $2,621,000 or $0.25 per diluted share compared with $3,701,000 or $0.36 per diluted share for the same period a year ago. Adjusted EBITDA was $6,260,000 compared with $9,017,000 for the same period a year ago. Net cash provided by operating activities was $7,568,000 compared with $5,608,000 for the same period a year ago. For the full year, the company reported total net sales of $164,494,000 compared with $168,446,000 for the same period a year ago. Net sales decreased $4.0 million or 2%. Parent roll sales decreased by $1.0 million, and converted product sales decreased by $3.0 million. Of the $3.0 million decrease, all $3.0 million was attributable to the decreased number of tons sold, as the average selling price did not change year-over-year. Operating income was $18,686,000 compared with $19,450,000 for the same period a year ago. Income before tax was $17,222,000 compared with $19,612,000 for the same period a year ago. Net income was $12,811,000 or $1.24 per diluted share compared with $13,557,000 or $1.38 per diluted share for the same period a year ago. Adjusted EBITDA was $33,352,000 compared with $32,646,000 for the same period a year ago. Net cash provided by operating activities was $27,827,000 compared with $18,791,000 for the same period a year ago.