These processes minimize weight and maximize design efficiency by providing localized reinforcement, applying the composite materials in targeted areas to achieve structural performance requirements at accelerated production rates.  By replacing the metal plate and integrating the Polystrand material into the molded part, the supplier saved 8 pounds of overall vehicle weight. 

These processes minimize weight and maximize design efficiency by providing localized reinforcement, applying the composite materials in targeted areas to achieve structural performance requirements at accelerated production rates.  By replacing the metal plate and integrating the Polystrand material into the molded part, the supplier saved 8 pounds of overall vehicle weight. 

Rating range 1-8 (low to high)

Rating range 1-8 (low to high)

Rating range 1-8 (low to high)

These processes minimize weight and maximize design efficiency by providing localized reinforcement, applying the composite materials in targeted areas to achieve structural performance requirements at accelerated production rates.  By replacing the metal plate and integrating the Polystrand material into the molded part, the supplier saved 8 pounds of overall vehicle weight. 

up 8% from 8:00 a.m. 8:00 a.m.

You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission. Reconciliation to Consolidated Statements of Income 2021 2020 Sales $ 1,162.3 $ 711.5 Gross margin - GAAP 302.4 171.5 Special items in gross margin (Attachment 3) (2.2) 0.2 Adjusted Gross margin $ 300.2 $ 171.7 Adjusted Gross margin as a percent of sales 25.8 % 24.1 % Operating income - GAAP 120.4 52.8 Special items in operating income (Attachment 3) 2.4 9.7 Adjusted Operating income $ 122.8 $ 62.5 Adjusted Operating income as a percent of sales 10.6 % 8.8 % The table below reconciles pre-special income tax expense and the pre-special effective tax rate to their most comparable US GAAP figures. GAAP Special Adjusted GAAP Special Adjusted Income from continuing operations before income taxes $ 102.6 $ 2.4 $ 105.0 $ 45.0 $ 9.6 $ 54.6 Income tax expense - GAAP (22.9) — (22.9) (11.9) — (11.9) Income tax impact of special items (Attachment 3) — (0.9) (0.9) — (2.0) (2.0) Tax adjustments (Attachment 3) — 1.1 1.1 — 1.0 1.0 Income tax (expense) benefit $ (22.9) $ 0.2 $ (22.7) $ (11.9) $ (1.0) $ (12.9) Effective Tax Rate(1) 22.3 % 21.6 % 26.5 % 23.7 % (1) Rates may not recalculate from figures presented herein due to rounding 13 The following pro forma adjustments are referenced by management to provide comparable business performance by incorporating the Clariant Masterbatch business in periods prior to the acquisition date (July 1, 2020).

Online access will begin at 8:45 a.m. To obtain comparability based on company size, the Consultant’s analysis either referenced a specific sample of comparably-sized companies or calibrated the pay of a broad sample of companies against company size. 8) All Named Executive Officers except for Mr.

These calculations showed that the new TPE would deliver significant cycle time efficiencies and reduced scrap rates, more than offsetting its slightly higher material cost and higher specific gravity.