Consolidated Statements of Operations (GAAP) and Adjusted EBITDA (Non-GAAP)

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Adjusted EBITDA is defined as consolidated net income before deducting interest (income) expense, income taxes, depreciation, amortization, non-cash share-based compensation, restructuring, acquisition and divestiture related costs, acquisition fair value adjustments, prior year gain on the Laser Quantum acquisition, other non-operating income (expense) items, including foreign exchange gains (losses), net periodic pension costs of the Company’s frozen U.K. defined benefit pension plan, and earnings from an equity-method investment.

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