Bed Bath & Beyond Results Presentation Deck
Non-GAAP Reconciliation
(in thousands, except per share data)
(unaudited)
Reconciliation of Adjusted Net Earnings
Reported net (loss) earnings
Pre-tax Adjustments:
Goodwill and other impairments (a)
Severance costs
Shareholder activity costs
Total pre-tax adjustments
Tax impact of adjustments
Total adjustments, after tax
Adjusted net income
Reconciliation of Adjusted Net Earnings per Diluted Share
Reported net (loss) earnings per diluted share
Goodwill and other impairments, severance and shareholder
activity costs
Adjusted earnings per diluted share
a)
71
$
$
June 1, 2019
Three Months Ended
(371,085)
401,267
38,662
8,000
447,929
(61,387)
386,542
15,457
(2.91)
Goodwill and other impairments include: (1) goodwill and tradename impairments related to the North American Retail reporting unit; and (2) tradename impairments
related to the Institutional Sales reporting unit.
3.03
0.12
$
un
in
$
$
June 2, 2018
43,576
9,333
9,333
(1,618)
7,715
51,291
0.32
0.06
0.38
BED BATH &
BEYONDView entire presentation