Kimball Electronics, Inc. Reports Second Quarter Fiscal Year 2019 Results

Reconciliation of Non-GAAP Financial Measures      
(Unaudited)       
(Amounts in Thousands, except Per Share Data)       
        
Operating Income excluding Lawsuit Proceeds
  Three Months Ended  Six Months Ended
  December 31,  December 31,
  2018  2017  2018  2017
Operating Income, as reported (1)$10,212  $10,119  $17,244  $19,642 
Less: Pre-tax Settlement Proceeds from Lawsuit    92   
Adjusted Operating Income (1)$10,212  $10,119  $17,152  $19,642 
        
        
Net Income excluding Tax Reform and Lawsuit Proceeds
  Three Months Ended  Six Months Ended
  December 31,  December 31,
  2018  2017  2018  2017
Net Income (Loss), as reported$7,115  $(8,347) $12,184  $133 
Add: Adjustments to Provision for Income Taxes Resulting from Tax Reform(251) 16,580  (251) 16,580 
Less: After-tax Settlement Proceeds from Lawsuit    70   
Adjusted Net Income$6,864  $8,233  $11,863  $16,713 
        
Diluted Earnings per Share excluding Tax Reform and Lawsuit Proceeds
  Three Months Ended  Six Months Ended
  December 31,  December 31,
  2018  2017  2018  2017
Diluted Earnings (Loss) per Share, as reported$0.27   $ (0.31 )   $ 0.46     $ 0.00  
Add: Adjustments to Provision for Income Taxes Resulting from Tax Reform (0.01 )   0.62     (0.01 )   0.62  
Less: Impact of Settlement Proceeds from Lawsuits         0.00      
Adjusted Diluted Earnings per Share $ 0.26     $ 0.31     $ 0.45     $ 0.62  
               
               
Return on Invested Capital (ROIC)              
      Twelve Months Ended
      December 31,
          2018   2017
Operating Income (GAAP) (1)         $ 39,640     $ 37,515  
Less: Pre-tax Settlement Proceeds from Lawsuit         $ 92     $  
Adjusted Operating Income (non-GAAP) (1)         $ 39,548     $ 37,515  
Tax Effect (2)         $ 8,982     $ 7,269  
After Tax Adjusted Operating Income         $ 30,566     $ 30,246  
Average Invested Capital (3)         $ 342,408     $ 308,339  
ROIC         8.9 %   9.8 %

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »
Featured Video
Jobs
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Upcoming Events
SEMICON Europa 2024 at Messe München München Germany - Nov 12 - 15, 2024
DVCon Europe 2023 at Holiday Inn Munich – City Centre Munich Germany - Nov 14 - 15, 2024
SEMI MEMS & Imaging Sensors Summit, at International Conference Center Munich Germany - Nov 14, 2024
SEMI | MSIG MEMS & Imaging Sensors Summit at Munich Germany - Nov 14 - 15, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise