Item 7.01 Regulation FD Disclosure.
Members of
The Company has included Adjusted EPS in this current report, a financial measure that is not in accordance with Generally Accepted Accounting Principles ("GAAP"). Management believes that this measure, when presented in conjunction with the comparable measure of GAAP EPS, is useful to both management and its investors in analyzing the Company's ongoing business and operating performance. Consequently, management uses Adjusted EPS as an indicator of the Company's business performance, as well as for operational planning and decision making purposes. Adjusted EPS should be considered in addition to, but not as a substitute for, or superior to, GAAP EPS. A reconciliation of GAAP EPS to Adjusted EPS follows:
Diluted earnings per common share FY 2020 Guidance GAAP$16.04 to$16.54 Amortization of identifiable intangibles 0.49
Put/call valuation adjustments associated with the Company's non-consolidating minority interest investments
1.72 Adjusted (non-GAAP) - FY 2020 projected$18.25 to$18.75
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