Definition of FY 2015 Operating Income


FY 2015 Operating Income means "operating income" as shown in the Company's Consolidated Statements of Income for the fiscal year ended May 31, 2015, as filed with the Securities and Exchange Commission on the Company's Form 10-K for FY 2015, except that for the purpose of this Certificate, FY 2015 Operating Income will be rounded up or down to the nearest whole million dollar level and shall exclude the impact of restructuring, acquisition-related intangible amortization expense, foreign exchange, and other non-recurring charges that are specifically excluded from the calculation of the Company's "cash" operating income for such year, as described and quantified in the Company's FY 2015 year-end earnings press release.
Sample 1