Other charges or gains consist of various other types of items
that are not directly related to ongoing or core business results,
such as integration costs associated with restructuring activities
undertaken in connection with various business acquisitions,
executive separation costs and cumulative foreign exchange
adjustments to the cost basis of international entities that have
been divested or liquidated. We exclude these items because they
do not affect core operations. Excluding these amounts provide
investors with a basis to compare Company performance against the
performance of other companies without this variability.
Adjustment for taxes relates to the tax effects of the various
adjustments that we incorporate into non-GAAP measures in order to
provide a more meaningful measure on non-GAAP net income.
With the exception of net income and diluted earnings per share, the
Reconciliation of GAAP to Non-GAAP Financial Measures as presented in
Schedule II and discussed further below represent results from
continuing operations. Net income and diluted earnings per share
represent results for both continuing and discontinued operations.
(2) During the three-month period ended December 31, 2007, the Company
recognized restructuring and other charges primarily related to
restructuring and integration activities initiated by the Company in
an effort to consolidate and integrate the Company's global capacity
and infrastructure as a result of its acquisition of Solectron
Corporation. These activities, which included closing, consolidating
and relocating certain manufacturing and administrative operations,
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