Regal Rexnord Corporation · NYSE:RRX

Regal Rexnord — Regal Beloit — Q1 2017 Earnings Presentation

6 slides from Regal Rexnord's earnings presentation, May 9, 2017

  1. Slide 1: Regal Beloit Corporation First Quarter 2017 Earnings Conference Call

    Regal Beloit Corporation First Quarter 2017 Earnings Conference Call May 9, 2017 Mark Gliebe Jon Schlemmer Chairman and Chief Operating Officer Chief Executive Officer Chuck Hinrichs Robert Cherry Vice President Vice President Chief Financial Officer Business Development & Investor Relations ©2017 R

  2. Slide 2: Appendix Non-GAAP Reconciliations

    Appendix Non-GAAP Reconciliations ADJUSTED DILUTED EARNINGS PER SHARE Three Months Ended Apr 1, Apr 2, 2017 2016 GAAP Diluted Earnings Per Share $ 1.02 $ 0.93 Restructuring and Related Costs 0.05 0.02 Adjusted Diluted Earnings Per Share $ 1.07 $ 0.95 RECONCILIATION OF 2017 ADJUSTED ANNUAL GUIDANCE M

  3. Slide 3: Appendix Non-GAAP Reconciliations

    Appendix Non-GAAP Reconciliations Three Months Ended Commercial & Industrial Power Transmission ADJUSTED OPERATING INCOME Systems Climate Solutions Solutions Total Regal (Dollars in Millions) Apr 1, Apr 2, Apr 1, Apr 2, Apr 1, Apr 2, Apr 1, Apr 2, 2017 2016 2017 2016 2017 2016 2017 2016 GAAP Income

  4. Slide 4: Appendix Non-GAAP Reconciliations

    Appendix Non-GAAP Reconciliations FREE CASH FLOW RECONCILIATION Three Months Ended (Dollars in Millions) Apr 1, Apr 2, 2017 2016 Net Cash Provided by Operating Activities $ 50.5 $ 58.6 Additions to Property Plant and Equipment (17.0) (14.9) Free Cash Flow $ 33.5 $ 43.7 Free Cash Flow as a Percentage

  5. Slide 5: Appendix Non-GAAP Reconciliations

    Appendix Non-GAAP Reconciliations ADJUSTED EBITDA AND TOTAL DEBT/ADJUSTED EBITDA RECONCILIATION (Dollars in Millions) LTM Apr 1, 2017 Net Income $ 208.1 Plus: Minority Interest 6.1 Plus: Taxes 58.2 Plus: Interest Expense 58.1 Less: Interest Income (4.4) Plus: Depreciation and Amortization 149.7 Plus

  6. Slide 6: Appendix Regal Shipping Days

    Appendix Regal Shipping Days 1Q 2Q 3Q 4Q FY 2014 63 63 63 64 253 2015 64 63 64 59 250 2016 64 64 63 60 251 2017 64 63 63 60 250  Regal operates on a 52/53 week fiscal year ending on the Saturday closest to December 31  Fiscal Years 2015, 2016 and 2017 have 52 weeks  Fiscal Year 2014 had 53 weeks

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