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Investor Presentaiton

GAAP TO NON-GAAP RECONCILIATIONS NON-GAAP NET INCOME AND EARNINGS PER SHARE RECONCILIATIONS (dollars in thousands, except per share amounts) 52 Weeks Ended January 30, 2021 Selling, general and administrative Income from expenses operations Interest expense GAAP Basis % of Net Sales $ 2,298,534 $ 741,477 $ 48,812 $ 23.98 % Convertible Senior Notes (1) 7.74 % 0.51 % (21,581) Other income Income before income taxes Net income Earnings per (3) diluted share (19,070) $ 711,735 $ 530,251 92,639 $ 5.72 (0.20)% 7.43 % 5.53 % 21,581 15,970 (3,460) Weighted average diluted shares Deferred compensation plan adjustments (16,594) 16,594 Non-GAAP Basis $ 2,281,940 758,071 % of Net Sales 23.81 % $ 7.91 % 27,231 $ 0.28 % 16,594 (2,476) $ (0.03)% 733,316 546,221 89,179 $ 6.12 7.65 % 5.70 % (1) Amortization of the non-cash debt discount on the Company's Convertible Senior Notes and diluted shares that are designed to be offset at settlement by shares delivered from the convertible note hedge purchased by the Company. This amount includes $1.1 million of amortization recognized in the fiscal quarter ended May 2, 2020. (2) Includes non-cash changes in fair value of employee deferred compensation plan investments held in rabbi trusts. (3) The provision for income taxes for non-GAAP adjustments was calculated at 26%, which approximated the Company's blended tax rate. DICK'S SPORTING GOODS 40 20
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