Adjusted basic net earnings per common share from continuing operations
Basic net earnings per common share from continuing operations adjusted for items that affect the comparability of the financial results, the exclusion of which are useful to management in assessing the Company’s performance and in making decisions regarding its ongoing operations (see Non-GAAP Financial Measures – PDF, 70 KB).
Adjusted EBITDA
Adjusted operating income before depreciation and amortization (see Non-GAAP Financial Measures – PDF, 70 KB).
Adjusted EBITDA margin
Adjusted EBITDA divided by sales excluding the impact of tobacco sales and VIEs (see Non-GAAP Financial Measures – PDF, 70 KB).
Adjusted net earnings from continuing operations
Net earnings from continuing operations adjusted for items that affect the comparability of the financial results, the exclusion of which are useful to management in assessing the Company’s performance and in making decisions regarding its ongoing operations (see Non-GAAP Financial Measures – PDF, 70 KB).
Adjusted operating income
Operating income adjusted for items that affect the comparability of the financial results, the exclusion of which are useful to management in assessing the Company’s performance and in making decisions regarding its ongoing operations (see Non-GAAP Financial Measures – PDF, 70 KB).
Adjusted operating margin
Adjusted operating income divided by sales excluding the impact of tobacco sales and VIEs (see Non-GAAP Financial Measures – PDF, 70 KB).
Basic net earnings per common share from continuing operations
Net earnings from continuing operations available to common shareholders divided by the weighted average number of common shares outstanding during the year.
Book value per common share
Common shareholders’ equity divided by the number of common shares outstanding at year end.