We have a proven track record of growing our business in a disciplined manner, reflecting our focus on managing the business for the long-term. Our GAAP and adjusted earnings per diluted share have been closely aligned throughout our history, and we have never restated our earnings. By consistently generating strong cash flow, we have also rewarded our shareholders through dividend growth and substantial share repurchases in recent years.
Earnings Per Diluted Share vs.
Adjusted Earnings Per Diluted Share
* Reconciliations of non-GAAP measures appear on pages 70 through 73. Noteworthy differences include: 1997 product losses and costs incurred due to breach of contract by third party supplier, 1999 gain related to divestiture of business, 2010 costs related to unsolicited takeover attempt and debt extinguishment, and 2011 costs related to unsolicited takeover attempt.
Dividends Paid and Share Repurchases
Proven Track Record of Disciplined Growth
* Reconciliations of non-GAAP measures appear on pages 70 through 73. Note that Interest Expense includes the discount on the securitization of trade receivables.
Dividends Paid per Share