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EXHIBIT 99.1

 

FY17 GAAP EPS Guidance based on Adjusted EPS Guidance

 

 

 

Fiscal Year End
2017

 

 

 

 

 

Implied GAAP EPS Guidance

 

$   2.16 to $  2.56

 

Adjusted EPS Excludes:

 

 

 

Amortization of intangible assets

 

$ 0.60

 

Acquisition and integration-related expenses

 

$ 0.19

 

Financing charges in interest expense

 

$ 0.09

 

Tax effect of the above items*

 

$ (0.24)

 

Adjusted EPS Guidance (Non-GAAP)

 

$   2.80 to $  3.20

 

 


*The adjusted tax expense differs from the GAAP tax expense based on the deductibility and tax rate applied to each of the adjustments.