Attenuation is a measurement of just how much total sugar (in your wort) you yeast is capable of fermenting. Generally speaking, the higher the attenuation, the dryer your beer will be, and the lower the attenuation, the sweeter it'll be.
Floculation is a less exact measurement, and I believe it refers to your yeast's tendency to come out of suspension and form a tightly packed yeast cake at the bottom of your fermenter. Highly floculant yeasts will generally lead to cleaner beers, while less floculant yeasts will tend to be a little more cloudy and probably have more flavor imparted by the yeast itself.