Bed Bath & Beyond Results Presentation Deck
APPENDIX
fiscal 2020 Q4 net income bridge - 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 income (loss)
Net earnings per share - Diluted
Weighted average shares outstanding- Basic
Weighted average shares outstanding- Diluted
Reported
$ 825,488
BED BATH & BEYOND
$
$
31.5 %
54,554
(42,218)
(51,277)
121.5 %
9,059
0.08
115,055
117,286 (1)
Loss on Sale of
Businesses
$
- %
22,705
Three Months Ended February 27, 2021
Excluding
Loss on sale-
leaseback,
including
transaction
fees
$ 22,705 $
%
Restructuring
and
Transformation Impairment
Expenses
charges
33,198
$
1.3 %
(54,554)
87,752
87,752 $
- %
8,883
8,883
Total income
tax impact
$
- %
81,297
(82.6)%
(81,297)
$
Total Impact
33,198
1.3%
(54,554)
119,340
81,297
Adjusted
$ 858,686
(82.6)%
38,043 $
$
(1) 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.
32.8 %
77,122
30,020
38.9%
47,102
0.40
115,055
117,286
* The Company is presenting certain non-GAAP financial measures for its fiscal 2020 fourth quarter. In order for investors to be able to more easily compare the Company's
performance across periods, the Company has included comparable reconciliation for the 2019 periods in the reconciliation table above and that follow.
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