Exhibit G | |||||||
MTS SYSTEMS CORPORATION | |||||||
Reconciliation of Diluted Earnings per Share and Adjusted Diluted Earnings per Share - Outlook | |||||||
(unaudited - in thousands) | |||||||
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| Twelve Months Ending | ||||||
| September 28, 2019 | ||||||
| Low |
| High | ||||
Net income1 | $ | 42,000 |
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| $ | 46,000 |
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Non-recurring expenses 2 | 2,800 |
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| 3,000 |
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Adjusted net income 3 | $ | 44,800 |
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| $ | 49,000 |
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Weighted average diluted common shares outstanding | 19,500 |
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| 19,600 |
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Diluted earnings per share | $ | 2.15 |
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| $ | 2.35 |
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Impact of non-recurring expenses2 | 0.15 |
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| 0.15 |
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Adjusted diluted earnings per share | $ | 2.30 |
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| $ | 2.50 |
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1 | Refer to Exhibit F for tax impact on net income guidance. | ||||||
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2 | Includes forecast expenses for restructuring expenses, acquisition-related expenses and acquisition inventory fair value adjustment. | ||||||
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3 | Applied anticipated tax rate, excluding discrete tax items, of approximately 15-18%. |
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SOURCE MTS Systems Corporation
Contact: |
Company Name: MTS Systems Corporation
investor Relations, Brian Ross, Executive Vice President and Chief Financial Officer Email Contact (952) 937-4000 Web: http://www.mts.com Financial data for MTS Systems Corporation |