(2) Accumulated tax effect utilizing the applicable quarterly effective tax rates, excludes adjustments to provision for income taxes related to the U.S. Tax Cuts and Jobs Act.
(3) Average Invested Capital is computed using Share Owners’ equity plus current and non-current debt less cash and cash equivalents averaged for the last five quarters.
CONTACT:
Adam W. Smith
Treasurer
Telephone: 812.634.4000
E-mail:
Investor.Relations@kimballelectronics.com