II-VI Incorporated Reports Fiscal 2019 Fourth Quarter and Full Year Results

(5)  EBITDA margin is defined as earnings before interest, incomes taxes, depreciation and amortization divided by revenues.
(6)  Adjusted EBITDA excludes non-GAAP adjustments for adjustments for share-based compensation, acquired amortization expense, certain one-time transaction expense and the impact of the Tax Cuts and Jobs Act.
(7)  Amounts may not recalculate due to rounding.


Table 7 is a table of other selected financial information.

Table 7                             
$ Millions, except share information                                                          
(Unaudited)   Three Months Ended         Year Ended  
                                                     
   June 30,       March 31,       June 30,       June 30,       June 30,  
    2019       2019       2018       2019       2018  
                                                           
Share-based compensation expense, pre-tax   $   6.8       $   7.9       $   4.4       $   25.0       $   19.7  
Cash paid for shares repurchased   $   1.6       $   -       $   -       $   1.6       $   49.9  
Shares repurchased through the Company’s share repurchase programs       50,000       -       -       50,000       1,414,900  
 



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