Fiscal 2024 Second-Quarter Financial Results
EBIT** (Non-GAAP Measure): Specialty Products Segment: Three Months
RPM
($ in thousands, except percent data)
(Unaudited)
Income Before Income Taxes
Add: Interest (Income) Expense, Net*
EBIT** (non-GAAP measure)
Inventory-related charges (a)
Restructuring expense (b)
Three Months Ended
November 30, 2023
November 30, 2022
$
10,145
$
27,431
(104)
7
10,041
27,438
214
336
511
1,056
Accelerated expense - other (c)
748
131
ERP consolidation plan (e)
872
154
Professional fees (f)
581
838
Legal contingency adjustment on a divested business (j)
Adjusted EBIT*** (non-GAAP measure)
3,953
$
16,920
$
29,953
Net Sales
$
176,982
$
212,084
Adj EBIT*** as a % of Net Sales (non-GAAP measure)
9.6%
14.1%
NOTE - Refer to "Non-GAAP Financial Measures" slide for definitions of non-GAAP measures identified (*) in
the table above and "Adjustments Detail” slide for further information on adjustments outlined above.
Investor Presentation | Jan. 11, 2024
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