TELEDYNE TECHNOLOGIES INCORPORATED RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES SUMMARY OF QUARTERLY OPERATING INCOME (Unaudited - in millions) |
|||||||||||||||||
|
First Quarter 2021 |
||||||||||||||||
|
GAAP
|
Acquired
|
Inventory
|
Transaction
|
Non-GAAP
|
||||||||||||
|
|
|
|
|
|
||||||||||||
Digital Imaging |
$ |
52.0 |
|
$ |
4.6 |
$ |
— |
$ |
— |
$ |
56.6 |
|
|||||
Instrumentation |
|
59.4 |
|
|
5.0 |
|
— |
|
— |
|
64.4 |
|
|||||
Aerospace and Defense Electronics |
|
28.3 |
|
|
0.2 |
|
— |
|
— |
|
28.5 |
|
|||||
Engineered Systems |
|
14.9 |
|
|
— |
|
— |
|
— |
|
14.9 |
|
|||||
Corporate expense |
|
(19.4 |
) |
|
— |
|
— |
|
5.9 |
|
(13.5 |
) |
|||||
| Total |
$ |
135.2 |
|
$ |
9.8 |
$ |
— |
$ |
5.9 |
$ |
150.9 |
|
|||||
|
|
Second Quarter 2021 |
||||||||||||||||
|
|
GAAP
|
Acquired
|
Inventory
|
Transaction
|
Non-GAAP
|
||||||||||||
|
|
|
|
|
|
|
||||||||||||
| Digital Imaging |
$ |
84.6 |
|
$ |
27.4 |
$ |
23.4 |
$ |
24.0 |
$ |
159.4 |
|
|||||
| Instrumentation |
|
64.6 |
|
|
5.2 |
|
— |
|
— |
|
69.8 |
|
|||||
| Aerospace and Defense Electronics |
|
28.4 |
|
|
0.2 |
|
— |
|
— |
|
28.6 |
|
|||||
| Engineered Systems |
|
11.0 |
|
|
— |
|
— |
|
— |
|
11.0 |
|
|||||
| Corporate expense |
|
(84.2 |
) |
|
— |
|
— |
|
70.5 |
|
(13.7 |
) |
|||||
| Total |
$ |
104.4 |
|
$ |
32.8 |
$ |
23.4 |
$ |
94.5 |
$ |
255.1 |
|
|||||
|
|
Third Quarter 2021 |
||||||||||||||||
|
|
GAAP
|
Acquired
|
Inventory
|
Transaction
|
Non-GAAP
|
||||||||||||
|
|
|
|
|
|
|
||||||||||||
| Digital Imaging |
$ |
94.9 |
|
$ |
50.1 |
$ |
35.2 |
$ |
1.5 |
$ |
181.7 |
|
|||||
| Instrumentation |
|
63.0 |
|
|
5.0 |
|
— |
|
— |
|
68.0 |
|
|||||
| Aerospace and Defense Electronics |
|
35.9 |
|
|
0.2 |
|
— |
|
— |
|
36.1 |
|
|||||
| Engineered Systems |
|
11.5 |
|
|
— |
|
— |
|
— |
|
11.5 |
|
|||||
| Corporate expense |
|
(15.7 |
) |
|
— |
|
— |
|
0.3 |
|
(15.4 |
) |
|||||
| Total |
$ |
189.6 |
|
$ |
55.3 |
$ |
35.2 |
$ |
1.8 |
$ |
281.9 |
|
|||||
| TELEDYNE TECHNOLOGIES INCORPORATED RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES SUMMARY OF QUARTERLY OPERATING INCOME (continued) (Unaudited - in millions) |
|||||||||||||||||
|
|
Fourth Quarter 2021 |
||||||||||||||||
|
|
GAAP
|
Acquired
|
Inventory
|
Transaction
|
Non-GAAP
|
||||||||||||
|
|
|
|
|
|
|
||||||||||||
| Digital Imaging |
$ |
94.1 |
|
$ |
46.3 |
$ |
47.8 |
$ |
0.4 |
$ |
188.6 |
|
|||||
| Instrumentation |
|
66.7 |
|
|
4.9 |
|
— |
|
— |
|
71.6 |
|
|||||
| Aerospace and Defense Electronics |
|
40.6 |
|
|
0.2 |
|
— |
|
— |
|
40.8 |
|
|||||
| Engineered Systems |
|
11.2 |
|
|
— |
|
— |
|
— |
|
11.2 |
|
|||||
| Corporate expense |
|
(17.5 |
) |
|
— |
|
— |
|
0.4 |
|
(17.1 |
) |
|||||
| Total |
$ |
195.1 |
|
$ |
51.4 |
$ |
47.8 |
$ |
0.8 |
$ |
295.1 |
|
|||||
|
|
Total Year 2021 |
||||||||||||||||
|
|
GAAP
|
Acquired
|
Inventory
|
Transaction
|
Non-GAAP
|
||||||||||||
|
|
|
|
|
|
|
||||||||||||
| Digital Imaging |
$ |
325.6 |
|
$ |
128.4 |
$ |
106.4 |
$ |
25.9 |
$ |
586.3 |
|
|||||
| Instrumentation |
|
253.7 |
|
|
20.1 |
|
— |
|
— |
|
273.8 |
|
|||||
| Aerospace and Defense Electronics |
|
133.2 |
|
|
0.8 |
|
— |
|
— |
|
134.0 |
|
|||||
| Engineered Systems |
|
48.6 |
|
|
— |
|
— |
|
— |
|
48.6 |
|
|||||
| Corporate expense |
|
(136.8 |
) |
|
— |
|
— |
|
77.1 |
|
(59.7 |
) |
|||||
| Total |
$ |
624.3 |
|
$ |
149.3 |
$ |
106.4 |
$ |
103.0 |
$ |
983.0 |
|
|||||
|
|
First Quarter 2020 |
|||||||||||
|
|
GAAP
|
Acquired
|
Non-GAAP
|
|||||||||
|
|
|
|
|
|||||||||
| Digital Imaging |
$ |
43.8 |
|
$ |
4.6 |
$ |
48.4 |
|
||||
| Instrumentation |
|
50.8 |
|
|
4.8 |
|
55.6 |
|
||||
| Aerospace and Defense Electronics |
|
13.4 |
|
|
0.2 |
|
13.6 |
|
||||
| Engineered Systems |
|
11.4 |
|
|
— |
|
11.4 |
|
||||
| Corporate expense |
|
(15.4 |
) |
|
— |
|
(15.4 |
) |
||||
| Total |
$ |
104.0 |
|
$ |
9.6 |
$ |
113.6 |
|
||||
| TELEDYNE TECHNOLOGIES INCORPORATED RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES SUMMARY OF QUARTERLY OPERATING INCOME (continued) (Unaudited - in millions) |
|||||||||||
|
|
Second Quarter 2020 |
||||||||||
|
|
GAAP
|
Acquired
|
Non-GAAP
|
||||||||
|
|
|
|
|
||||||||
| Digital Imaging |
$ |
46.8 |
|
$ |
4.4 |
$ |
51.2 |
|
|||
| Instrumentation |
|
48.5 |
|
|
5.1 |
|
53.6 |
|
|||
| Aerospace and Defense Electronics |
|
17.5 |
|
|
0.2 |
|
17.7 |
|
|||
| Engineered Systems |
|
10.8 |
|
|
— |
|
10.8 |
|
|||
| Corporate expense |
|
(13.8 |
) |
|
— |
|
(13.8 |
) |
|||
| Total |
$ |
109.8 |
|
$ |
9.7 |
$ |
119.5 |
|
|||
|
|
Third Quarter 2020 |
||||||||||
|
|
GAAP
|
Acquired
|
Non-GAAP
|
||||||||
|
|
|
|
|
||||||||
| Digital Imaging |
$ |
45.5 |
|
$ |
4.5 |
$ |
50.0 |
|
|||
| Instrumentation |
|
50.7 |
|
|
5.1 |
|
55.8 |
|
|||
| Aerospace and Defense Electronics |
|
26.7 |
|
|
0.3 |
|
27.0 |
|
|||
| Engineered Systems |
|
12.5 |
|
|
— |
|
12.5 |
|
|||
| Corporate expense |
|
(12.9 |
) |
|
— |
|
(12.9 |
) |
|||
| Total |
$ |
122.5 |
|
$ |
9.9 |
$ |
132.4 |
|
|||
|
|
Fourth Quarter 2020 |
||||||||||
|
|
GAAP
|
Acquired
|
Non-GAAP
|
||||||||
|
|
|
|
|
||||||||
| Digital Imaging |
$ |
56.7 |
|
$ |
4.6 |
$ |
61.3 |
|
|||
| Instrumentation |
|
63.2 |
|
|
4.8 |
|
68.0 |
|
|||
| Aerospace and Defense Electronics |
|
23.2 |
|
|
0.2 |
|
23.4 |
|
|||
| Engineered Systems |
|
15.4 |
|
|
— |
|
15.4 |
|
|||
| Corporate expense |
|
(14.7 |
) |
|
— |
|
(14.7 |
) |
|||
| Total |
$ |
143.8 |
|
$ |
9.6 |
$ |
153.4 |
|
|||
|
|
Total Year 2020 |
||||||||||
|
|
GAAP
|
Acquired
|
Non-GAAP
|
||||||||
|
|
|
|
|
||||||||
| Digital Imaging |
$ |
192.8 |
|
$ |
18.1 |
$ |
210.9 |
|
|||
| Instrumentation |
|
213.2 |
|
|
19.8 |
|
233.0 |
|
|||
| Aerospace and Defense Electronics |
|
80.8 |
|
|
0.9 |
|
81.7 |
|
|||
| Engineered Systems |
|
50.1 |
|
|
— |
|
50.1 |
|
|||
| Corporate expense |
|
(56.8 |
) |
|
— |
|
(56.8 |
) |
|||
| Total |
$ |
480.1 |
|
$ |
38.8 |
$ |
518.9 |
|
|||
