|
|
Three Months Ended March 30, 2018 | ||||||||||||||||||||||||||
|
|
As reported |
|
Acquisition and integration costs |
|
Amortization
|
|
Restructuring expenses |
|
Amortization of equity method investment |
|
Asset impairment charges |
|
Non-GAAP results | ||||||||||||||
Income before income
|
|
$ |
125 |
|
|
$ |
11 |
|
|
$ |
50 |
|
|
$ |
6 |
|
|
$ |
3 |
|
|
$ |
7 |
|
|
$ |
202 |
|
Depreciation expense |
|
13 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
13 |
| |||||||
Amortization expense |
|
53 |
|
|
— |
|
|
(50) |
|
|
— |
|
|
(3) |
|
|
— |
|
|
— |
| |||||||
Interest expense, net |
|
34 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
34 |
| |||||||
EBITDA |
|
$ |
225 |
|
|
$ |
11 |
|
|
$ |
— |
|
|
$ |
6 |
|
|
$ |
— |
|
|
$ |
7 |
|
|
$ |
249 |
|
EBITDA margin |
|
9.2 |
% |
|
|
|
|
|
|
|
|
|
|
|
10.2 |
% | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||||
(1) Calculation uses an estimated statutory tax rate on non-GAAP tax deductible adjustments. |
|
|
|
|
|
|