Bed Bath & Beyond Results Presentation Deck
APPENDIX
Q1'20 Non-GAAP Reconciliation
Gross profit
Gross margin
Restructuring and transformation initiative
expenses
(Loss) earnings before (benefit) provision for
income taxes
Tax (benefit) provision
Effective tax rate
Net loss (income)
Net loss per share - Diluted
Weighted average shares outstanding- Basic
Weighted average shares outstanding- Diluted
Reported
348,489
26.7%
BED BATH & BEYOND
(478,100)
(175,809)
36.8 %
(302,291)
(2.44)
123,697
123,697
$ (302,291)
83,601
(1)
17,171
(175,809)
$ (377,328)
Loss on sale
Businesses
S
Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA
Net (loss) income
Depreciation and amortization
Loss on extinguishment of debt
Interest expense
II
S
Restructuring
and
Transformation
Expenses
S
939
939
Three Months Ended May 30, 2020
Excluding
|||
939 $ 85,261
Impairments
939
85,261
85,261
Loss on
extinguishment
of debt
Total income
tax impact
85,261 S
26,738
1.2 %
$ (26,738) S
(26,738)
Total impact
Tax (benefit) provision
EBITDA
EBITDA as % of net sales
If a company is in a net loss position, then for earnings per share purposes, diluted weighted average shares outstanding are equivalent to basic weighted average shares outstanding.
26,738
86,200
26,738
S
1.2 %
59,462
59,462
26,738
86,200
Adjusted
348,489
26.7%
(391,900)
(149,071)
38.0 %
S (242,829)
(1.96)
123,697
123,697
$ (242,829)
83,601
17,171
(149,071)
$ (291,128)
(22.3)%
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