3Q 2020 Financial Performance Overview
Supplemental Data
December 31,
2019
March 31,
2020
Net income (loss)
$
Interest expense
(454.4)
53.4
$
(501.2)
51.5
Income tax expense (benefit)
(11.5)
3.3
EBITDA and Adjusted EBITDA for the Trailing Twelve Months Ended September 30, 2020
($ in millions)
Trailing
Twelve
Months Ended
September 30,
(1,051.6)
213.4
(74.6)
Quarter Ended
June 30,
2020
September 30,
2020
2020
$
(213.2)
54.6
$
117.2
$
53.9
(43.9)
(22.5)
Depreciation and amortization
125.4
129.6
139.1
125.0
519.1
EBITDA
(287.1)
(316.8)
(63.4)
273.6
(393.7)
Restructuring and acquisition-related costs
21.8
17.6
11.3
9.7
60.4
Debt refinancing and redemption costs
0.9
1.5
5.2
7.6
Impairment charges
440.0
510.0
950.0
Pension settlement
9.8
9.8
Loss on sale of business
21.3
1.0
22.3
Non-recurring items:
Gain on bargain purchase of business
Malvern fire charges, net of recoveries
Other
Adjusted EBITDA
as % of net sales
AAM
(®)
(10.8)
(10.8)
8.6
8.6
(2.4)
(2.4)
$
193.5
13.5%
$
213.3 $
15.9%
(52.1) $
-10.1%
297.1
$
651.8
21.0%
13.9%
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