ITT Inc. · NYSE:ITT
ITT — Q2 2014 Earnings Presentation
6 slides from ITT's earnings presentation, June 2014
Slide 1: Key Performance Indicators and Non-GAAP Measures
Key Performance Indicators and Non-GAAP Measures Management reviews key performance indicators including revenue, segment operating income and margins, earnings per share, order growth, and backlog, among others. In addition, we consider certain measures to be useful to management and investors when
Slide 2: Reported vs. Organic Revenue / Order Growth, Second Quarter 2014
ITT Corporation Non-GAAP Reconciliation Reported vs. Organic Revenue / Order Growth Second Quarter 2014 & 2013 (In Millions) (As Reported - GAAP) (As Adjusted - Organic) (A) (B) (C) (D) (E) = B-C-D (F) = E / A Acquisition / Change % Change Divestitures FX Impact Change % Change 3M 2014 3M 2013 2014
Slide 3: Reported vs Adjusted Segment Operating Income & Operating Margin
ITT Corporation Non-GAAP Reconciliation Reported vs Adjusted Segment Operating Income & Operating Margin Second Quarter of 2014 & 2013 (In Millions) 3M 2014 3M 2014 3M 2014 3M 2013 3M 2013 3M 2013 % Change % Change As Reported As Adjusted As Reported Special Items As Adjusted As Reported Special Ite
Slide 4: Reported vs. Adjusted Income from Continuing Operations & Adjusted EPS
ITT Corporation Non-GAAP Reconciliation Reported vs. Adjusted Income from Continuing Operations & Adjusted EPS Second Quarter of 2014 & 2013 (In Millions, except per share amounts) Percent Change Q2 2014 Non-GAAP Q2 2014 Q2 2013 Non-GAAP Q2 2013 2014 vs. 2013 2014 vs. 2013 As Reported Adjustments As
Slide 5: Net Cash - Operating Activities vs. Adjusted Free Cash Flow Conversion
ITT Corporation Non-GAAP Reconciliation Net Cash - Operating Activities vs. Adjusted Free Cash Flow Conversion Second Quarter 2014 & 2013 (In Millions) 6M 2014 6M 2013 Net Cash - Operating Activities 84.3 68.8 Capital Expenditures 45.7 36.8 Free Cash Flow, including Transformation 38.6 32.0 Transfor
Slide 6: GAAP vs. Adjusted EPS Guidance, Full Year 2014
ITT Corporation Non-GAAP Reconciliation GAAP vs. Adjusted EPS Guidance Full Year 2014 2014 Full-Year Guidance Low High Earnings Per Share - GAAP Basis $ 1.58 $ 1.69 Asbestos Related Expense, Net of Tax 0.44 0.41 $ 2.02 $ 2.10 Restructuring and Realignment Costs, Net of Tax 0.27 Repositioning Costs,