Circor International (CIR) 8-K Regulation FD Disclosure

Exhibit 99.1

CIRCOR INTERNATIONAL, INC.

RECONCILIATION OF SEGMENT INFORMATION TO GAAP OPERATING INCOME

(in thousands, except percentages)

UNAUDITED

	2016															2017
	1ST QTR			2ND QTR			3RD QTR			4TH QTR			TOTAL			1ST QTR			2ND QTR			3RD QTR			4TH QTR			TOTAL
GAAP OPERATING INCOME (LOSS)	$	5,495		$	5,347		$	3,513		$	(3,437	)	$	10,918		$	7,354		$	11,404		$	6,864		$	(5,054	)	$	20,568
LESS:
Restructuring related inventory charges	1,958			75			—			813			2,846			—			—			—			—			—
Amortization of inventory step-up	—			—			—			1,366			1,366			—			—			—			4,300			4,300
Impairment charges	—			—			208			—			208			—			—			—			—			—
Restructuring charges, net	1,163			3,259			2,252			2,301			8,975			1,458			3,566			341			697			6,062
Acquisition amortization	1,868			1,911			1,888			4,234			9,901			2,552			2,599			2,694			4,697			12,542
Acquisition depreciation	—			—			—			—			—			—			—			—			233			233
Special charges (recoveries), net	776			1,334			379			5,707			8,196			(2,268		)	(5,520		)	1,978			13,799			7,989
ADJUSTED OPERATING INCOME	$	11,260		$	11,926		$	8,240		$	10,984		$	42,410		$	9,096		$	12,049		$	11,877		$	18,672		$	51,694
GAAP OPERATING MARGIN	3.6		%	3.7		%	2.6		%	(2.2		)%	1.8		%	5.1		%	7.5		%	4.3		%	(2.5		)%	3.1		%
LESS:
Restructuring related inventory charges	1.3		%	0.1		%	—%			0.5		%	0.5		%	—%			—%			—%			—%			—%
Amortization of inventory step-up	—%			—%			—%			0.9		%	0.2		%	—%			—%			—%			2.1		%	0.6		%
Impairment charges	—%			—%			0.2		%	—%			—%			—%			—%			—%			—%			—%
Restructuring charges, net	0.8		%	2.2		%	1.7		%	1.5		%	1.5		%	1		%	2.4		%	0.2		%	0.3		%	0.9		%
Acquisition amortization	1.2		%	1.3		%	1.4		%	2.7		%	1.7		%	1.8		%	1.7		%	1.7		%	2.3		%	1.9		%
Acquisition depreciation	—%			—%			—%			—%			—%			—%			—%			—%			0.1		%	—%
Special charges (recoveries), net	0.5		%	0.9		%	0.3		%	3.6		%	1.4		%	(1.6		)%	(3.7		)%	1.2		%	6.7		%	1.2		%
ADJUSTED OPERATING MARGIN	7.5%			8.1%			6.1%			6.9%			7.2%			6.3%			8.0%			7.4%			9.1%			7.8%

CIRCOR INTERNATIONAL, INC.

SEGMENT INFORMATION - COMBINED

(in thousands, except percentages)

UNAUDITED

		2016										2017
		1ST QTR		2ND QTR		3RD QTR		4TH QTR		TOTAL		1ST QTR		2ND QTR		3RD QTR		4TH QTR		TOTAL
ORDERS - Recast
Energy		$	67,221	$	54,506	$	51,508	$	81,511	$	254,746	$	100,012	$	73,140	$	84,857	$	118,073	$	376,082
Aerospace & Defense		41,144		51,518		36,402		35,663		164,727		56,416		39,902		45,939		52,043		194,300
Industrial		28,418		29,293		23,408		25,143		106,262		27,654		29,889		27,296		46,407		131,246
	Total	$	136,783	$	135,317	$	111,318	$	142,317	$	525,735	$	184,082	$	142,931	$	158,092	$	216,523	$	701,628
ORDERS - Fluid Handling
Energy		$	17,138	$	14,632	$	18,918	$	15,481	$	66,169	$	23,679	$	16,882	$	21,401	$	11,803	$	73,765
Aerospace & Defense		12,721		10,195		11,154		8,210		42,280		8,255		24,375		9,716		6,816		49,162
Industrial		80,564		88,545		79,658		90,656		339,423		77,944		76,866		87,378		60,193		302,381
	Total	$	110,423	$	113,372	$	109,730	$	114,347	$	447,872	$	109,878	$	118,123	$	118,495	$	78,812	$	425,308
ORDERS - Combined
Energy		$	84,359	$	69,138	$	70,427	$	96,993	$	320,917	$	123,690	$	90,022	$	106,258	$	129,876	$	449,846
Aerospace & Defense		53,864		61,712		47,556		43,873		207,005		64,671		64,277		55,655		58,859		243,462
Industrial		108,982		117,838		103,066		115,799		445,685		105,598		106,755		114,674		106,601		433,628
	Total	$	247,205	$	248,688	$	221,049	$	256,665	$	973,607	$	293,959	$	261,054	$	276,587	$	295,336	$	1,126,936
NET REVENUES - Recast
Energy		$	79,509	$	76,418	$	65,073	$	84,939	$	305,939	$	76,210	$	78,276	$	88,570	$	96,561	$	339,617
Aerospace & Defense		42,078		40,033		38,863		45,153		166,127		41,601		43,304		41,117		56,961		182,983
Industrial		29,211		29,941		30,897		28,144		118,193		27,397		29,651		30,006		52,056		139,110
	Total	$	150,798	$	146,392	$	134,833	$	158,236	$	590,259	$	145,208	$	151,231	$	159,693	$	205,578	$	661,710
NET REVENUES - Fluid Handling
Energy		$	15,316	$	16,208	$	18,546	$	19,179	$	69,249	$	15,546	$	17,705	$	17,789	$	13,663	$	64,703
Aerospace & Defense		13,951		14,587		13,587		13,149		55,274		10,728		17,044		11,208		6,918		45,898
Industrial		82,082		85,759		80,564		89,090		337,495		85,264		83,310		85,604		72,489		326,667
	Total	$	111,349	$	116,554	$	112,697	$	121,418	$	462,018	$	111,538	$	118,059	$	114,601	$	93,070	$	437,268
NET REVENUES - Combined
Energy		$	94,825	$	92,626	$	83,619	$	104,118	$	375,188	$	91,756	$	95,981	$	106,359	$	110,224	$	404,320
Aerospace & Defense		56,029		54,620		52,450		58,302		221,401		52,329		60,348		52,325		63,879		228,881
Industrial		111,293		115,700		111,461		117,234		455,688		112,661		112,961		115,610		124,545		465,777
	Total	$	262,147	$	262,946	$	247,530	$	279,654	$	1,052,277	$	256,746	$	269,290	$	274,294	$	298,648	$	1,098,978

Notes:
	- Items labeled "Recast" represent previously reported CIRCOR information, adjusted to reflect the impact of our February 28, 2018 organizational realignment
	- Items labeled "Fluid Handling" represent the information from the Fluid Handling businesses prior to their acquisition by CIRCOR on December 10, 2017
	- Items labeled "Combined" represent the sum of the Recast and Fluid Handling information
	- Segment Operating Margin - Combined represent Segment Operating Income - Combined divided by Segment Net Revenues Combined

CIRCOR INTERNATIONAL, INC.

SEGMENT INFORMATION - COMBINED

(in thousands, except percentages)

UNAUDITED

		2016															2017
		1ST QTR			2ND QTR			3RD QTR			4TH QTR			TOTAL			1ST QTR			2ND QTR			3RD QTR			4TH QTR			TOTAL
SEGMENT OPERATING INCOME - Recast
Energy		$	8,756		$	8,794		$	6,392		$	8,716		$	32,658		$	6,407		$	8,170		$	6,936		$	8,618		$	30,131
Aerospace & Defense		3,703			3,242			3,499			4,925			15,369			3,784			4,374			4,333			10,884			23,375
Industrial		5,289			5,321			4,871			4,574			20,055			4,384			4,901			5,675			4,972			19,932
Corporate expenses		(6,488		)	(5,431		)	(6,522		)	(7,231		)	(25,672		)	(5,479		)	(5,396		)	(5,067		)	(5,802		)	(21,744		)
	Total	$	11,260		$	11,926		$	8,240		$	10,984		$	42,410		$	9,096		$	12,049		$	11,877		$	18,672		$	51,694
SEGMENT OPERATING INCOME - Fluid Handling
Energy		$	(2,368	)	$	(307	)	$	1,889		$	2,335		$	1,549		$	(83	)	$	1,080		$	1,761		$	812		$	3,570
Aerospace & Defense		2,789			2,807			2,523			2,245			10,364			1,488			3,661			2,201			(367		)	6,983
Industrial		3,760			5,227			7,851			7,192			24,030			8,833			7,709			4,365			(1,414		)	19,493
Corporate expenses		—			—			—			—			—			—			—			—			—			—
	Total	$	4,181		$	7,727		$	12,263		$	11,772		$	35,943		$	10,238		$	12,450		$	8,327		$	(969	)	$	30,046
SEGMENT OPERATING INCOME - Combined
Energy		$	6,388		$	8,487		$	8,281		$	11,051		$	34,207		$	6,324		$	9,250		$	8,697		$	9,430		$	33,701
Aerospace & Defense		6,492			6,049			6,022			7,170			25,733			5,272			8,035			6,534			10,517			30,358
Industrial		9,049			10,548			12,722			11,766			44,085			13,217			12,610			10,040			3,558			39,425
Corporate expenses		(6,488		)	(5,431		)	(6,522		)	(7,231		)	(25,672		)	(5,479		)	(5,396		)	(5,067		)	(5,802		)	(21,744		)
	Total	$	15,441		$	19,653		$	20,503		$	22,756		$	78,353		$	19,334		$	24,499		$	20,204		$	17,703		$	81,740
SEGMENT OPERATING MARGIN - Combined
Energy		6.7		%	9.2		%	9.9		%	10.6		%	9.1		%	6.9		%	9.6		%	8.2		%	8.6		%	8.3		%
Aerospace & Defense		11.6		%	11.1		%	11.5		%	12.3		%	11.6		%	10.1		%	13.3		%	12.5		%	16.5		%	13.3		%
Industrial		8.1		%	9.1		%	11.4		%	10		%	9.7		%	11.7		%	11.2		%	8.7		%	2.9		%	8.5		%
Corporate expenses		(2.5		)%	(2.1		)%	(2.6		)%	(2.6		)%	(2.4		)%	(2.1		)%	(2		)%	(1.8		)%	(1.9		)%	(2		)%
	Total	5.9		%	7.5		%	8.3		%	8.1		%	7.4		%	7.5		%	9.1		%	7.4		%	5.9		%	7.4		%
Notes:
- Items labeled "Recast" represent previously reported CIRCOR information, adjusted to reflect the impact of our February 28, 2018 organizational realignment
- Items labeled "Fluid Handling" represent the information from the Fluid Handling businesses prior to their acquisition by CIRCOR on December 10, 2017
- Items labeled "Combined" represent the sum of the Recast and Fluid Handling information
- Segment Operating Margin - Combined represent Segment Operating Income - Combined divided by Segment Net Revenues Combined

CIRCOR INTERNATIONAL, INC.

RECONCILIATION OF FLUID HANDLING SEGMENT INFORMATION TO GAAP OPERATING INCOME

(in thousands, except percentages)

UNAUDITED

	2016														2017
	1ST QTR			2ND QTR			3RD QTR			4TH QTR		TOTAL			1ST QTR		2ND QTR			3RD QTR			4TH QTR			TOTAL
FLUID HANDLING GAAP OPERATING INCOME (LOSS)	$	(2,997	)	$	(1,331	)	$	(9,806	)	$	3,063	$	(11,071	)	$	4,359	$	19,738		$	2,241		$	3,129		$	29,467
LESS:
Asbestos costs	2,955			2,467			13,035			2,408		20,865			2,690		2,517			2,379			1,274			8,860
Impairment charges	—			1,354			—			—		1,354			—		—			—						—
Exited businesses	217			269			249			455		1,190			65		(26		)	(47		)	—			(8		)
Acquisition amortization	733			707			692			682		2,814			796		810			818			—			2,424
Restructuring and other special charges (recoveries)	3,273			4,261			8,093			5,165		20,791			2,328		(10,589		)	636			(5,372		)	(12,997		)
Stay bonus	—			—			—			—		—			—		—			2,300			—			2,300
FLUID HANDLING ADJUSTED OPERATING INCOME	$	4,181		$	7,727		$	12,262		$	11,772	$	35,943		$	10,238	$	12,450		$	8,327		$	(969	)	$	30,046
Notes
- Amounts relate to Fluid Handling results prior to December 10, 2017, the date of CIRCOR's acquisition.