Electrification Market Share Goal
Supplemental Data
EBITDA and Adjusted EBITDA Reconciliation
($ in millions)
Three Months Ended
BRINGING THE FUTURE
AM FASTER
Nine Months Ended
September 30,
September 30,
2023
2022
2023
2022
Net income (loss)
Interest expense
Income tax expense (benefit)
$
(17.4) $ 26.5
$
(14.5) $ 50.4
50.8
44.8
151.5
132.2
(2.0)
(5.7)
3.3
(2.1)
Depreciation and amortization
120.4
124.8
365.8
367.1
EBITDA
151.8
190.4
506.1
547.6
Restructuring and acquisition-related costs
3.5
7.9
16.2
26.4
Debt refinancing and redemption costs
0.3
0.2
0.3
6.0
Unrealized loss on equity securities
Non-recurring items:
1.2
2.3
1.2
24.0
Malvern fire insurance recoveries, net
(1.0)
(6.4)
Acquisition-related fair value inventory adjustment
5.0
Gain on bargain purchase of business
(1.4)
(13.0)
Adjusted EBITDA
Sales
as a % of net sales
$
156.8
$
198.4 $ 523.8
$
589.6
1,551.9
1,535.2
10.1%
12.9%
4,616.5
11.3%
4,409.7
13.4%
*Please refer to definition of Non-GAAP measures.
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