The Company has elected to provide non-GAAP financial results that exclude the items below as this presentation is common among companies that are active acquirors and whose results are, accordingly, affected by such charges, because this information is used by management to evaluate operating results and because it believes this information will assist investors in making period to period comparisons of the Company's operating results.
|(a)||Amortization expense associated with acquired intangible assets with definite lives.|
|(b)||Restructuring charge including accruals for severance benefits and exit and disposal costs.|
|(c)||Direct costs of acquisitions that are expensed pursuant to the requirement of ASC 805.|
|(d)||Acceleration of depreciation of current ERP system associated with the implementation of a world-wide enterprise resource planning platform.|
|(e)||Inventory fair value adjustment included as a component of cost of sales in accordance with ASC 805.|
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