Bed Bath & Beyond Results Presentation Deck
APPENDIX
non-gaap reconciliation*
(in thousands, except for share data) (unaudited)
Reconciliation of Net Loss to EBITDA and Adjusted EBITDA
Reported net loss
Depreciation and amortization
BED BATH & BEYOND
Interest expense, net
Benefit for income taxes
EBITDA
Pre-tax Adjustments:
Goodwill and other impairments (a)
Severance costs
Shareholder activity costs
Total pre-tax adjustments
Adjusted EBITDA
$
$
$
Three Months Ended
May 30, 2020
(302,291)
83,601
17,171
(175,809)
(377,328)
85,261
939
86,200
(291,128) $
June 1, 2019
(371,085)
83,542
15,898
(51,655)
(323,300)
401,267
38,662
8,000
447,929
124,629
(a) Goodwill and other impairments include: (1) goodwill, tradename and store asset and other impairments related to the
North American Retail reporting unit; and (2) tradename impairments related to the Institutional Sales reporting unit.
* The Company is presenting certain non-GAAP financial measures for its fiscal 2020 first quarter. In order for investors to be able to more easily compare the Company's performance across periods.
the Company has included comparable reconciliations for the 2019 periods in the reconciliation tables above and that follow.
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