Exhibit G |
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MTS SYSTEMS CORPORATION |
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Reconciliation of Diluted Earnings per Share and Adjusted Diluted Earnings per Share - Outlook |
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(unaudited - in thousands) |
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Twelve Months Ending |
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September 28, 2019 |
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Low |
High |
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Net income1 |
$ |
44,500 |
$ |
50,000 |
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Non-recurring expenses 2 |
2,250 |
2,300 |
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Adjusted net income 3 |
$ |
46,750 |
$ |
52,300 |
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Weighted average diluted common shares outstanding |
19,350 |
19,250 |
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Diluted earnings per share |
$ |
2.30 |
$ |
2.60 |
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Impact of non-recurring expenses2 |
0.12 |
0.12 |
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Adjusted diluted earnings per share |
$ |
2.42 |
$ |
2.72 |
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1 Refer to Exhibit F for tax impact on net income guidance. |
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2 Includes forecast expenses for restructuring expenses, acquisition-related expenses and acquisition inventory fair value adjustment. |
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3 Applied anticipated tax rate, excluding discrete tax items, of approximately 15-18%. |
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SOURCE MTS Systems Corporation
Contact: |
Company Name: MTS Systems Corporation
Brian Ross, Senior Vice President and Chief Financial Officer Email Contact (952) 937-4000 Web: http://www.mts.com Financial data for MTS Systems Corporation |