CMS Separation Overview
Reconciliation of GAAP to Adjusted Results
Reconciliation of Noncontrolling Interests from Continuing Operations to Adjusted Noncontrolling Interests from
Continuing Operations (in thousands)
35
Three Months Ended
June 30, 2023
July 1, 2022
Noncontrolling Interests from Continuing
Operations
(8,574) $
(16,298)
Restructuring, Transaction and Other
Charges (1)
Transaction costs
(734)
Restructuring, integration and separation
charges
(4,613)
(162)
Other Adjustments (2)
Amortization of intangibles
Other income tax adjustments
Other
(4,969)
286
(1,024)
(5,442)
449
Adjusted Noncontrolling Interests from
Continuing Operations
$
(19,628) $
(21,453)
1) Includes noncontrolling interests amounts associated with the costs incurred with Company acquisition related activity costs.
2) Includes noncontrolling interests amounts relating to amortization of intangible assets for the three-months ended June 30, 2023 and
July 1, 2022, certain income tax adjustments for the purposes of presenting the Company's expected annual non-GAAP effective tax rate to
facilitate a more meaningful evaluation of the Company's current operating performance and comparisons to the Company's operating
performance in other periods and estimated tax impacts on certain subsidiary level contingent equity-based agreements in connection with the
transaction structure of our PA Consulting investment for the three-months ended June 30, 2023.
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