Diluted 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 minus the dilutive impact of outstanding stock option grants.
Dividend rate per common share at year end
Dividend per common share declared in the fourth quarter multiplied by four.
EBITDA
Operating income before depreciation and amortization (see non-GAAP financial measures – PDF, 53 KB).
EBITDA margin
EBITDA divided by sales (see non-GAAP financial measures – PDF, 53 KB).
Free cash flow
Cash flows from operating activities of continuing operations less fixed asset purchases and dividends (see non-GAAP financial measures – PDF, 53 KB).
Gross margin
Sales less cost of sales and inventory shrinkage divided by sales.
Interest coverage
Operating income divided by interest expense and other financing charges adding back interest capitalized to fixed assets.