The following tables are presented to show the reconciliation of GAAP operating income to non-GAAP operating income by segment for 2022 and 2021.
TELEDYNE TECHNOLOGIES INCORPORATED RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES SUMMARY OF QUARTERLY OPERATING INCOME (Unaudited - in millions) |
||||||||||
|
Second Quarter 2022 |
|||||||||
|
GAAP
|
|
Acquired
|
|
Non-GAAP
|
|||||
|
|
|
|
|
|
|||||
Digital Imaging |
$ |
117.9 |
|
|
$ |
46.4 |
|
$ |
164.3 |
|
Instrumentation |
|
73.6 |
|
|
|
4.7 |
|
|
78.3 |
|
Aerospace and Defense Electronics |
|
44.1 |
|
|
|
0.2 |
|
|
44.3 |
|
Engineered Systems |
|
8.6 |
|
|
|
— |
|
|
8.6 |
|
Corporate expense |
|
(14.7 |
) |
|
|
— |
|
|
(14.7 |
) |
Total |
$ |
229.5 |
|
|
$ |
51.3 |
|
$ |
280.8 |
|
|
|
Six Months 2022 |
|||||||||
|
|
GAAP
|
|
Acquired
|
|
Non-GAAP
|
|||||
|
|
|
|
|
|
|
|||||
| Digital Imaging |
$ |
233.6 |
|
|
$ |
94.9 |
|
|
328.5 |
|
| Instrumentation |
|
145.2 |
|
|
|
9.6 |
|
|
154.8 |
|
| Aerospace and Defense Electronics |
|
87.0 |
|
|
|
0.4 |
|
|
87.4 |
|
| Engineered Systems |
|
18.0 |
|
|
|
— |
|
|
18.0 |
|
| Corporate expense |
|
(30.8 |
) |
|
|
— |
|
|
(30.8 |
) |
| Total |
$ |
453.0 |
|
|
$ |
104.9 |
|
$ |
557.9 |
|
|
|
Second Quarter 2021 |
|||||||||||||||
|
|
GAAP
|
|
Acquired
|
|
Inventory
|
|
Transaction
|
|
Non-GAAP
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||
| Digital Imaging |
$ |
84.6 |
|
|
$ |
27.4 |
|
$ |
23.4 |
|
$ |
24.0 |
|
$ |
159.4 |
|
| Instrumentation |
|
64.6 |
|
|
|
5.2 |
|
|
— |
|
|
— |
|
|
69.8 |
|
| Aerospace and Defense Electronics |
|
28.4 |
|
|
|
0.2 |
|
|
— |
|
|
— |
|
|
28.6 |
|
| Engineered Systems |
|
11.0 |
|
|
|
— |
|
|
— |
|
|
— |
|
|
11.0 |
|
| Corporate expense |
|
(84.2 |
) |
|
|
— |
|
|
— |
|
|
70.5 |
|
|
(13.7 |
) |
| Total |
$ |
104.4 |
|
|
$ |
32.8 |
|
$ |
23.4 |
|
$ |
94.5 |
|
$ |
255.1 |
|
| TELEDYNE TECHNOLOGIES INCORPORATED RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES SUMMARY OF QUARTERLY OPERATING INCOME (continued) (Unaudited - in millions) |
||||||||||||||||
|
|
Six Months 2021 |
|||||||||||||||
|
|
GAAP
|
|
Acquired
|
|
Inventory
|
|
Transaction
integration
|
|
Non-GAAP
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||
| Digital Imaging |
$ |
136.6 |
|
|
$ |
32.0 |
|
$ |
23.4 |
|
$ |
24.0 |
|
|
216.0 |
|
| Instrumentation |
|
124.0 |
|
|
|
10.2 |
|
|
— |
|
|
— |
|
|
134.2 |
|
| Aerospace and Defense Electronics |
|
56.7 |
|
|
|
0.4 |
|
|
— |
|
|
— |
|
|
57.1 |
|
| Engineered Systems |
|
25.9 |
|
|
|
— |
|
|
— |
|
|
— |
|
|
25.9 |
|
| Corporate expense |
|
(103.6 |
) |
|
|
— |
|
|
— |
|
|
76.4 |
|
|
(27.2 |
) |
| Total |
$ |
239.6 |
|
|
$ |
42.6 |
|
$ |
23.4 |
|
$ |
100.4 |
|
$ |
406.0 |
|
