Savvy Trades and Investments

[wadegarret]

Litttefish- IART

There were a ton of add back and one take back(Tax effect of the non gaap adjustments) to the GAAP net loss of $484M. Here is the rundown

GAAP Net Loss $484073

Add back adjustments:

Goodwill Impairment chg $511365

Structural optimization chg $ 5944

Acquisition divestiture chg $ 4963

EU medical device reg chg $ 10681

Boston Recall/Braintree transition chg $13630

Intangible asset amortization $ 26795

Estimated Income tax impact
From adjustments - $54940

Total Non GAAP Adjustments $518438

Non GAAP adjusted Net Income $34365