Lockheed Martin 3rd Quarter 2013 Financial Results Conference Call
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Pension-Adjusted Earnings Per Share
Lockheed Martin defines adjusted earnings per share as GAAP earnings per share excluding the effect of the FAS/CAS pension
adjustment. Management uses these measures as an additional means to compare and forecast the company's operating
performance before the effect of the FAS/CAS pension adjustment between periods and in comparison to that of other companies within
our industry as an alternative to GAAP.
Definitions of Non-GAAP Measures
Pre-Pension Cash Flow
Lockheed Martin defines pre-pension cash flow as GAAP cash from operations plus the cash amount contributed to pension trusts.
Book-to-Bill Ratio
Lockheed Martin defines the Book-to-Bill as the ratio of orders received to sales recognized for a specified period.
Chart 16
October 22, 2013View entire presentation