BRINGING THE FUTURE AAM FASTER
Supplemental Data
EBITDA and Adjusted EBITDA Reconciliation
($ in millions)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021
2020
2021
2020
Net income (loss)
$
(2.4) $ 117.2
$
52.2
$ (597.2)
Interest expense
49.7
53.9
150.7
160.0
Income tax benefit
(13.6)
(22.5)
(2.4)
(63.1)
Depreciation and amortization
135.6
125.0
421.2
393.7
EBITDA
169.3
273.6
621.7
(106.6)
Restructuring and acquisition-related costs
7.4
9.7
40.8
38.6
Debt refinancing and redemption costs
31.6
5.2
34.0
6.7
Impairment charges
0.0
0.0
0.0
510.0
Unrealized gain on equity securities
(19.4)
0.0
(19.4)
0.0
Loss on sale of business
0.0
0.0
2.7
1.0
Non-recurring items:
Malvern fire charges, net of recoveries
(5.7)
8.6
(11.1)
8.6
Adjusted EBITDA
$
183.2 $ 297.1
$ 668.7 $ 458.3
Sales
1,213.1
1,414.1
3,921.5
3,272.9
as a % of net sales
15.1%
21.0%
17.1%
14.0%
BRINGING THE FUTURE
AAM FASTER
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