Consolidated Non-GAAP EBITDA

Consolidated Non-GAAP EBITDA. The Company's operating income, excluding depreciation and amortization expense and including the impact of foreign currency transactions and other expense, all determined in accordance with U.S. GAAP, adjusted to exclude the impact of those items excluded from the non-GAAP financial metric "non-GAAP EBITDA," as publicly disclosed annually or quarterly, as applicable, by the Company in connection with the Company's annual and quarterly earnings announcements. Consolidated Non-GAAP EBITDA as... publicly disclosed typically excludes and/or includes items that are, among other things, non-cash in nature, or related to unusual or non-recurring events, or in response to changes in laws or regulations, or to account for gains, losses or expenses determined to be extraordinary or unusual in nature or infrequent in occurrence, or are unpredictable as to amount or timing, not driven by core operating results and render comparisons with prior periods less meaningful, or related to the acquisition of a business or the disposition of a business or a segment of a business, or related to a change in accounting principles. Consolidated Non-GAAP EBITDA shall also be adjusted (i) to exclude the financial results from any acquisition or to include the prospective forecasted results for any disposition of a business or a segment of a business made during the Performance Period and (ii) to exclude the on-going impact of change in accounting principles. Notwithstanding the foregoing, in determining Consolidated Non-GAAP EBITDA, the Committee shall have the authority to make additional adjustments that it considers, in its good faith judgment, necessary to maintain the intent and principles consistent with the foregoing adjustments. View More