Adjusted Earnings Per Share means the adjusted earnings per share as stated by the Company in its annual financial results as issued by the Company with respect to the Performance Period.

Adjusted Earnings Per Share means, for any Fiscal Year, (a) the Company's consolidated net income or loss for such Fiscal Year, less the amount of the Preferred Stock Dividend Requirement for such Fiscal Year, plus the product obtained by multiplying the product of the Net Earnings Adjustment multiplied by the Average Cost Per Share for such Fiscal Year by the fraction which is 1 minus the Marginal Tax Rate, divided by (b) the sum of (i) the number of shares of Common Stock outstanding during such Fiscal Year, computed on a weighted average basis based on the number of days outstanding during such Fiscal Year, (ii) the aggregate number of CAP Units credited to the Accounts of all Participants computed on a weighted average basis based on the number of days outstanding during such Fiscal Year but not including in such computation the day that CAP Units are credited, increased or decreased pursuant to Section 5.1, 5.3 or 5.10 of the Plan, and (iii) the aggregate number of Earnings Units credited to the Earnings Unit Accounts of all participants in the PUP Plan computed on a weighted average basis based on the number of days outstanding during such Fiscal Year but not including in such computation the day that Earnings Units are credited, increased or decreased pursuant to Section 4.2 or 4.5 of the PUP Plan.

Adjusted Earnings Per Share means the quotient of (x) the cumulative Adjusted Net Income during the Performance Period divided by (y) Diluted Shares Outstanding.

## Examples of *Adjusted Earnings Per Share* in a sentence

We also delivered record Adjusted Net Earnings of$117 million compared to $108 million for the prior year, an increase of 8 percent, resulting in

**Adjusted Earnings Per Share**of $3.57.A reconciliation

**Adjusted Earnings Per Share**to the equivalent GAAP measure and an explanation of why we deem these non-GAAP measures meaningful appears in our Form 10-K, Form 10-Q and in the appendix to this presentation.

## More Definitions of *Adjusted Earnings Per Share*

Adjusted Earnings Per Share means the adjusted earnings per share as stated by the Company in its annual financial results as issued by the Company.

Adjusted Earnings Per Share or “Adjusted EPS” means the Company’s adjusted earnings per share from continuing operations as publicly reported each quarter, and on an annual basis, in the Company’s earnings release and Form 10-K.

Adjusted Earnings Per Share means the adjusted earnings per share as stated by the Company in its annual financial results as published by the New York Stock Exchange.

Adjusted Earnings Per Share means earnings per share calculated in accordance with generally accepted accounting principles in the United States, with adjustments for reorganization and acquisition-related and other integration costs; manufacturer’s profit in inventory charged to cost of sales, which is the purchase accounting fair value adjustment to inventory; devaluation and hyperinflationary charges; impairment charges to goodwill, intangibles and other assets; amortization of acquired intangible assets; accelerated depreciation; non-cash write-off of deferred debt issue costs and original issue discount amortization; and a tax provision adjustment which reflects the normalization of the adjusted results to the Company’s effective tax rate.

Adjusted Earnings Per Share means diluted earnings per share of Company common stock adjusted for restructuring expenses and asset impairments, pension costs (other than service and interest costs, expected returns on plan assets, and amortization of prior service costs/credits), specified income and expense items related to divested businesses, product lines, and specified other investments, gains and losses on sales of businesses, product lines and specified other investments, and certain discrete tax items.

Adjusted Earnings Per Share is defined as the Company’s earnings per fully diluted common share from continuing operations, excluding the effects of gains/losses on sale of assets, goodwill impairment, facility/asset closure, integration or restructuring costs, and other material non-recurring items.

Adjusted Earnings Per Share means (i) net income available to common shareholders, including preferred interest holders (adjusted for non-recurring items as applied to Adjusted EBITDA in monthly operating reports and external reporting and the impact of stock and phantom stock compensation), plus tax effected depreciation and amortization less tax effected capital expenditures divided by (ii) diluted shares outstanding.