EX-99.1 3 c67381ex99-1.txt OPERATING SEGMENT RECONCILIATION- FISCAL YEAR 2001 ESCO TECHNOLOGIES INC. EXHIBIT 99.1 OPERATING SEGMENT RECONCILIATION -- FISCAL YEAR 2001 ($ IN MILLION's)
1ST 2ND 3RD 4TH FISCAL FILTRATION / FLUID FLOW QTR QTR QTR QTR 2001 ----------------------- ------------ ------------ ------------ ------------ ------------ NET SALES $ 44.2 46.9 47.5 49.6 188.2 OPERATING PROFIT 3.0 4.0 4.7 5.1 16.8 OTHER COSTS & EXPENSES, NET (1.0) (1.7) (1.1) (1.6) (5.4) ------------ ------------ ------------ ------------ ------------ E B I T (GAAP BASIS) 2.0 2.3 3.6 3.5 11.4 ============ ============ ============ ============ ============ ADD BACK: GOODWILL AMORTIZATION (0.5) (0.5) (0.5) (0.5) (2.0) ------------ ------------ ------------ ------------ ------------ E B I T (AS ADJUSTED) $ 2.5 2.8 4.1 4.0 13.4 ============ ============ ============ ============ ============ TEST ---- NET SALES $ 21.7 22.4 22.1 19.3 85.5 OPERATING PROFIT 2.4 2.3 2.3 2.3 9.3 OTHER COSTS & EXPENSES, NET (0.3) (0.7) (0.5) (0.3) (1.8) ------------ ------------ ------------ ------------ ------------ E B I T (GAAP BASIS) 2.1 1.6 1.8 2.0 7.5 ============ ============ ============ ============ ============ ADD BACK: GOODWILL AMORTIZATION (0.4) (0.4) (0.4) (0.3) (1.5) ------------ ------------ ------------ ------------ ------------ E B I T (AS ADJUSTED) $ 2.5 2.0 2.2 2.3 9.0 ============ ============ ============ ============ ============ COMMUNICATIONS -------------- NET SALES $ 14.3 14.6 15.8 14.4 59.1 OPERATING PROFIT 3.7 3.6 3.3 2.0 12.6 OTHER COSTS & EXPENSES, NET (0.2) (0.2) (0.2) (0.2) (0.8) ------------ ------------ ------------ ------------ ------------ E B I T (GAAP BASIS) 3.5 3.4 3.1 1.8 11.8 ============ ============ ============ ============ ============ ADD BACK: GOODWILL AMORTIZATION - - - - - ------------ ------------ ------------ ------------ ------------ E B I T (AS ADJUSTED) $ 3.5 3.4 3.1 1.8 11.8 ============ ============ ============ ============ ============ OTHER ----- NET SALES $ 2.7 3.0 2.5 3.9 12.1 OPERATING PROFIT (0.6) (0.3) (0.6) (0.4) (1.9) OTHER COSTS & EXPENSES, NET (0.4) - (0.5) (0.5) (1.4) ------------ ------------ ------------ ------------ ------------ E B I T (GAAP BASIS) (1.0) (0.3) (1.1) (0.9) (3.3) ============ ============ ============ ============ ============ ADD BACK: GOODWILL AMORTIZATION - - - - - ------------ ------------ ------------ ------------ ------------ E B I T (AS ADJUSTED) $ (1.0) (0.3) (1.1) (0.9) (3.3) ============ ============ ============ ============ ============ -------------------------------------------------------------------------------------------------------------------------------- RANTEC - OPERATING PROFIT $ 0.3 0.4 0.3 0.4 1.4 -------------------------------------------------------------------------------------------------------------------------------- CONSOLIDATED ------------ NET SALES $ 82.9 86.9 87.9 87.2 344.9 OPERATING PROFIT 8.5 9.6 9.7 9.0 36.8 OTHER COSTS & EXPENSES, NET (1.9) (2.6) (2.3) (2.6) (9.4) ------------ ------------ ------------ ------------ ------------ E B I T (GAAP BASIS) 6.6 7.0 7.4 6.4 27.4 ============ ============ ============ ============ ============ ADD BACK: GOODWILL AMORTIZATION (0.9) (0.9) (0.9) (0.8) (3.5) ------------ ------------ ------------ ------------ ------------ E B I T (AS ADJUSTED) $ 7.5 7.9 8.3 7.2 30.9 ============ ============ ============ ============ ============