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| Non-GAAP Operating Performance Measures ($ in millions) 36 GAAP Adj Adjusted GAAP Adj Adjusted GAAP Adj Adjusted GAAP Adj Adjusted Cost of goods sold 194.6 $ (3.0) $ (a) 191.6 $ 261.9 $ (9.7) $ (e) 252.2 $ 273.7 $ (8.6) $ (h) 265.1 $ 730.2 $ (21.3) $ (k) 708.9 $ Operating expenses 86.5 (13.6) (b) 72.9 111.0 (15.2) (f) 95.8 109.4 (15.6) (i) 93.8 306.9 (44.4) (l) 262.5 Interest expense 4.5 - 4.5 6.8 (0.6) (g) 6.2 5.9 (0.5) (j) 5.4 17.2 (1.1) (m) 16.1 Other income (expense), net 0.9 (0.9) (c) - (0.3) - (0.3) (0.3) (0.2) (0.5) 0.3 (1.1) (n) (0.8) Income tax expense 5.9 4.2 (d) 10.1 5.3 7.6 (d) 12.9 5.8 7.4 (d) 13.2 17.0 19.2 (d) 36.2 Net income 1 14.3 11.5 25.8 12.7 17.9 30.6 13.3 17.1 30.4 40.3 46.5 86.8 Diluted EPS 0.23 0.18 0.41 0.20 0.29 0.49 0.21 0.27 0.48 0.64 0.74 1.38 1 Net income attributable to Hillenbrand P = Process Equipment Group; B = Batesville; C = Corporate (a) Inventory step up ($2.6 P), restructuring ($0.1 P, $0.3 B) (b) Business acquisition costs ($9.0 C), backlog amortization ($4.2 P), restructuring ($0.2 C), other ($0.2 B) (c) Acquisition-related foreign currency transactions ($0.8 C), other ($0.1 B) (d) Tax effect of adjustments (e) Inventory step up ($8.1 P), restructuring ($0.1 P, $1.5 B) (f) Business acquisition costs ($0.3 P, $1.6 C), backlog amortization ($12.9 P), restructuring ($0.4 B) (g) Business acquisition costs ($0.6 C) (h) Inventory step up ($8.0 P), restructuring ($0.1 P, $0.5 B) (i) Business acquisition costs ($1.0 P, $1.5 C), backlog amortization ($12.8 P), restructuring ($0.2 P), other ($0.1B) (j) Business acquisition costs ($0.5 C) (k) Inventory step up ($18.7 P), restructuring ($0.3 P, $2.3 B) (l) Business acquisition costs ($1.3 P, $12.1 C), backlog amortization ($29.9 P), restructuring ($0.2 P, $0.5 B, $0.2 C), antitrust litigation ($0.1 B), other ($0.1 B) (m) Business acquisition costs ($1.1 C) (n) Acquisition-related foreign currency transactions ($0.8 C), business acquisition costs ($0.2 C), other ($0.1 B) Three months ended March 31, 2013 Nine months ended June 30, 2013 Three months ended December 31, 2012 Three months ended June 30, 2013 |