Commercial Flooring Market Overview
Appendix: Reconciliation of Non-GAAP Figures
page 35
($ in millions, except per share amounts)
Net Sales as Reported (GAAP)
Impact of Changes in Currency
nora Net Sales
Specialty Retail Sales
Organic Sales
Gross Profit as Reported (GAAP)
Purchase Accounting Amortization
Adjusted Gross Profit
SG&A Expenses as Reported (GAAP)
Transaction Related Expenses
Adjusted SG&A Expenses
Operating Income as Reported (GAAP)
Purchase Accounting Amortization
Transaction Related Expenses
Restructuring and Asset Impairment Charges
Adjusted Operating Income
Q1
2018
Q1
FYE
2019
2017
FYE
2018
$240.6
$297.7
$996.4
8.0
$1,179.6
(8.4)
(60.1)
(112.6)
(4.7)
$240.6
$245.6
$991.7
$1,058.6
$93.6
$115.4
$386.0
$424.4
1.9
32.1
$93.6
$117.3
$386.0
$456.5
$70.6
$99.0
$267.2
$327.5
(5.3)
$70.6
$99.0
$267.2
$322.2
$23.0
$16.4
$111.6
$76.4
1.9
32.1
5.3
7.3
20.5
$23.0
$18.3
$118.9
$134.3
Net Income as Reported (GAAP)
$15.1
$7.1
$53.2
$50.3
Purchase Accounting Amortization (after tax impact of $0.6m Q1 2019 and $9.3m in 2018)
Transaction Related Expenses (after tax impact of $2.1m in 2018)
1.3
22.7
7.4
Tax Act Expense (Benefit)
15.2
(6.7)
Restructuring and Asset Impairment Charges (after tax impact of $5.2m in 2018 and $2.6m in 2017)
Adjusted Net Income
4.7
15.3
$15.1
$8.4
$73.1
$89.0
Diluted EPS as Reported (GAAP)
$0.25
$0.12
$0.86
$0.84
Purchase Accounting Amortization (after tax impact of $0.6m Q1 2019 and $9.3m in 2018)
Transaction Related Expenses (after tax impact of $2.1m in 2018)
0.02
0.38
0.12
Tax Act Expense (Benefit)
0.25
(0.11)
Restructuring and Asset Impairment Charges (after tax impact of $2.6m in 2017 and $5.2m in 2018)
Adjusted Diluted EPS
0.08
0.26
$0.25
$0.14
$1.18
$1.49
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