Investor Presentaiton
Supplemental Data
EBITDA and Adjusted EBITDA Reconciliation
($ in millions)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2018
2017
2018
2017
Net income
Interest expense
$
64.0
$
86.3
$
304.8 $
231.0
54.9
57.5
162.5
139.9
Income tax expense
11.5
5.7
31.4
15.6
Depreciation and amortization
132.9
122.6
390.9
303.4
EBITDA
263.3
272.1
889.6
689.9
Restructuring and acquisition-related costs
11.7
22.8
66.8
90.5
Debt refinancing and redemption costs
14.6
2.7
Gain on sale of business
(15.5)
Non-recurring items:
Gain on settlement of capital lease
Acquisition-related fair value inventory adjustment
(15.6)
Other
Adjusted EBITDA
As % of net sales
24.9
2.9
(0.8)
$
275.0
15.1%
$
297.8
$
939.9
$
807.2
17.3%
16.9%
17.8%
AAM
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