Lsi Industries Inc. · NASDAQ:LYTS
Lsi Industries — Q4 FY2019 Earnings Presentation
14 slides from Lsi Industries's earnings presentation, Aug 22, 2019
Slide 1: Fiscal Fourth Quarter Results
@ Fiscal Fourth Quarter Results August 22, 2019
Slide 2: Forward-Looking Statements and Non-GAAP Financial Measures
Forward-Looking Statements and Non-GAAP Financial Measures Tis presentation ncudesforwaraootng statement” wii he meaning of he fceralsecutSes avs, which ivohe sks and unceaes, ForarGsooking sttaments ince Salers tat ao notelte sel to hstvcal or erent fads, and ou can dent frwarlooeng statomens Becau
Slide 3: Executive Summary
EXECUTIVE SUMMARY Fiscal Fourth Quarter 2019 teste root Q==r= Queers Osea Qn
Slide 4: Consolidated Performance Indicators
CONSOLIDATED PERFORMANCE INDICATORS Sales Performance Has Stabilized, Evidence of Progress Points L ‘Mested Died Earsings Por Share (900.0 | Feeeerer a ns 7 ms sue e - i i es a eae! ra ny r:) se eg a a, ai ini Sey aes a 7 4
Slide 5: Lighting Segment Summary
LIGHTING SEGMENT SUMMARY Customer Orders ($MM) Increased High Single Digit Percent Y/Y in F4Q19 @ Ung Sgmat Ss 09 Actin Sent Uprtig com Gs) (39 Peni | petetagette iin Sond Ms! ESTA WO. iin Soman Adsted EBT Marge 8) fo i tig ne g pend oven eeaenet etd | | 8
Slide 6: Graphics Segment Summary
GRAPHICS SEGMENT SUMMARY Strong Sales and Order Levels Continued, Led By Petroleum Vertical Es Sgt ak ened Wench pein pan St ike a pkon ropes ore ‘ede ns ene Me fet ieee mee in ropes Seah Se ey sole rt enkes Sst big eed / oy enc Segment aes (SO Senhis Segont pring bxame (ls) (SH : re co can a LI] a
Slide 7: Free Cash Flow Generation
FREE CASH FLOW GENERATION Free Cash Flow Provides Flexibility For Debt Reduction and Business Reinvestment Nostale ol oe sh Br 0 nS IRS sow BE 89 81 Sete ekg mtd mene atk by ionnet ng ree ogee le ode at end praevia ey sere pm) 7
Slide 8: More Efficient Working Capital Management
MORE EFFICIENT WORKING CAPITAL MANAGEMENT 15% Reduction In Working Capital From Peak In F2Q19 ied atives Ta Bece Working Captal Repent: ing Suny Pagss (HM) ey et eto J Ty | ee Wa etnies eet) Ske etry
Slide 9: Disciplined Balance Sheet Management
DISCIPLINED BALANCE SHEET MANAGEMENT Growth In Free Cash Flow Supports Reduction in Net Debt Ratio to 2.7x eee tatty WS6 on on yy bass aI $422 Cort at ge 27a Wr 8 rag sie pends arb pe We oper it ads went oss mmjete
Slide 10: Appendix
APPPENDIX
Slide 11: Adjusted Diluted Earnings Per Share
Adjusted Diluted Earnings Per Share Non-GAAP Reconciliation - In Thousands of Dollars, Except For Per Share Data os2018 emo as2019 Dhuteas outed huted Ss ‘Net (Loss) Income $(2.654) $ (010) $(3.68) $ (012) $ Be $ O03 oodwilimpairment — - - (3) = zs us = 10258 Restructuring and plant closure costs Se
Slide 12: Adjusted Operating Income and EBITDA
Adjusted Operating Income and EBITDA Non-GAAP Reconciliation - In Thousands of Dollars LSI Industries Q42018 032019 _Q42019 Operating (Loss) Income (2,128) (2,273) (280) Restructuring and plant dosure costs - 1,082 Severance costs 37 368 26 Transition and re-alignment costs 3,136 42 < Adjusted Opera
Slide 13: Segment Adjusted Operating Income and EBITDA
Segment Adjusted Operating Income and EBITDA Non-GAAP Reconciliation - Thousands of Dollars Letting Seament Netssiesta Opening neame (ox) Resratring ae pln dose cots Severance con ‘AajstedEBTOA Margo [0 rapes seament Netsoiestd Operating nese (os) ajusted Operating come los) Drpection andamorizaton
Slide 14: Free Cash Flow and Net Debt Outstanding
Free Cash Flow and Net Debt Outstanding In Thousands of Dollars, Except For Per Share Data Istindustries qizis _ca2ms 032018 _asz018__ai2019_@z2m9_a32019_ as m9 Net cash flows (usedin) providedby operating activities (2725) 2682—=«7S82—=««SEM— 2,188 SMO. (1,283) 5,105 Purchasesin propery, plant, and