Reconciliation of net cash provided by operating activities to free cash flow:
|
2019 |
2018 |
|||||||||||||
(amounts in millions) |
Q4 |
Q3 |
YTD |
Q4 |
YTD |
||||||||||
Net cash provided by operating activities |
$ |
45.7 |
|
$ |
48.2 |
|
$ |
161.3 |
|
$ |
33.4 |
|
$ |
66.8 |
|
Non-acquisition capital expenditures |
(12.8 |
) |
(14.8 |
) |
(51.6 |
) |
(10.6 |
) |
(47.1 |
) |
|||||
Free cash flow |
$ |
32.9 |
|
$ |
33.4 |
|
$ |
109.7 |
|
$ |
22.8 |
|
$ |
19.7 |
|
Reconciliation of GAAP earnings per diluted share to adjusted earnings per diluted share guidance for the 2019 fourth quarter:
|
Guidance Q4 2019 |
|
GAAP earnings per diluted share |
($1.43) - ($1.28) |
|
|
|
|
Discrete items* |
$2.25 |
|
|
|
|
Acquisition intangible amortization |
$0.18 |
|
|
|
|
Adjusted earnings per diluted share |
$1.00 - $1.15 |
*Discrete items included a $52 million to $56 million non-cash pre-tax charge associated with the termination of the Rogers Corporation Defined Benefit Pension Plan.
Reconciliation of GAAP earnings per diluted share to adjusted earnings per diluted share guidance for the 2020 first quarter:
|
Guidance Q1 2020 |
|
GAAP earnings per diluted share |
$0.50 - $0.70 |
|
|
|
|
| Discrete items |
$0.10 |
|
|
|
|
|
| Acquisition intangible amortization |
$0.15 |
|
|
|
|
|
| Adjusted earnings per diluted share |
$0.75 - $0.95 |
