Eagle Materials Announces Strategic Portfolio Review - Seite 4

The following shows the calculation of Adjusted Earnings before Income Taxes and Adjusted EPS (Diluted) and reconciles Adjusted Earnings before Income Taxes and Adjusted EPS (Diluted) to Losses before Income Taxes and Net Loss per Share (Diluted) in accordance with GAAP for the three-months ended March 31, 2019. The amounts presented below were determined using a tax rate for the three-months ended March 31, 2019 of 24%.

				Quarter Ended March 31, 2019

Pre-tax impact of impairment charge $ 220   After-tax impact of impairment charge $ 168 Diluted average shares outstanding 45.5 Diluted earnings per share impact from Impairment Charge $ 3.69  

				Quarter Ended March 31, 2019
GAAP Losses before Income Taxes				$(173) - $(170) million
Add back: Pre-tax impact from Impairment Charge				$220 million
Adjusted Earnings before Income Taxes				$47 - $50 million

				Quarter Ended March 31, 2019
GAAP Net Loss per Share (Diluted)				$(2.84) - $(2.80)
Add back: Earnings per diluted share impact from Impairment Charge				$3.69
Adjusted EPS (Diluted)				$ 0.85 - 0.89

View source version on businesswire.com: https://www.businesswire.com/news/home/20190418005110/en/