Investor Presentaiton
Non-GAAP Measures
This presentation includes information on non-GAAP financial measures
("non-GAAP" or "adjusted"), including consolidated adjusted operating
income, net income and net income per diluted share, excluding
non-GAAP items. These financial measures are not based on any
standardized methodology prescribed by U.S. generally accepted
accounting principles ("GAAP") and are not necessarily comparable to
similar measures presented by other companies. Non-GAAP information is
provided as a supplement to, not as a substitute for, or as superior to,
measures of financial performance prepared in accordance with GAAP.
Management believes that this non-GAAP information is useful for an
alternate presentation of the company's performance, when reviewed in
conjunction with the company's GAAP consolidated financial statements
and provides a higher degree of transparency. These amounts are not
determined in accordance with GAAP and, therefore, should not be used
exclusively in evaluating our business and operations. The tables included
in this presentation reconcile the GAAP financial measures to the
non-GAAP financial measures discussed above.
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