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SEC Regulation G

SEC Regulation G

When a company discloses material information containing a non-GAAP financial measure, SEC Regulation G requires that the disclosure include a presentation of the most directly comparable GAAP measure and a reconciliation of the GAAP and non-GAAP measure.  From time to time, CTS  may use non-GAAP financial measures in discussing CTS' business.  These measures are intended to supplement, not replace, CTS' presentation of its financial results in accordance with GAAP.  CTS' management believes that non-GAAP financial measures can be useful to investors in analyzing CTS financial performance and results of operations over time.  If CTS  makes material disclosures in oral presentations, conference calls, meetings or similar presentations and the disclosures include a non-GAAP financial measure, a statement of the most directly comparable GAAP financial measure and a reconciliation of the GAAP and non-GAAP measure will appear in this section.  In addition, CTS may provide definitions of certain financial terms in this section.

 

 

CTS Corporation
Reconciliation of EMS Sales to EMS Sales Excluding HP
($ in millions)

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CTS Corporation
Reconciliation of Diluted Earnings Per Share to Adjusted Diluted Earnings Per Share
($ in millions)

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CTS Corporation
Reconciliation of Annual Effective Tax Rate to
Annual Adjusted Tax Rate 
($ in thousands)

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CTS Corporation
Reconciliation of YTD Effective Tax Rate to
YTD Adjusted Tax Rate
($ in thousands)

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CTS Corporation
Reconciliation of Quarterly Effective Tax Rate to
Quarterly Adjusted Tax Rate
($ in thousands)

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CTS Corporation
Reconciliation of Year-to-Date Effective Tax Rate to
Year-to-Date Tax Rate Before Benefit of Reversal of Reserves
($ in thousands)

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CTS Corporation
Reconciliation of Projected Full Year Earnings Per Share to Adjusted Projected Full Year Earnings Per Share

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CTS Corporation
Reconciliation of Gross Margin to Adjusted Gross Margin
($ in millions)

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CTS Corporation
Reconciliation of Operating Earnings (Loss) to Adjusted Operating Earnings (Loss)
($ in millions)

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  CTS Corporation
Reconciliation of Net Earnings (Loss) to Adjusted Net Earnings (Loss)
($ in millions)

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CTS Corporation
Adjusted EBITDA Year-to-Date
($ in millions)

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CTS Corporation
Adjusted EBITDA Quarter-to-Date
($ in millions)

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CTS Corporation
Free Cash Flow
($ in millions)

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CTS Corporation
Projected Free Cash Flow
($ in millions)

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CTS Corporation
Definition of Financial Term - "Total Debt to Capitalization"
($ in millions)

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CTS Corporation
Definition of Financial Term -
"Controllable Working Capital as a Percentage of Annualized Sales"
($ in millions)

Controllable working capital is defined as accounts receivable plus inventories less accounts payable.

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CTS Corporation
Definition of Financial Term -
Adjusted Return on Invested Capital
($ in millions)

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CTS Corporation
CapEx as Percentage of Sales
($ in millions)

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