RBC Bearings changes adjusted EPS presentation; furnishes historical reconciliations

RBC Bearings INC

Company will change presentation of non-GAAP adjusted EPS in future releases for comparability.
Reconciliation provided for each quarter of FY2022 (ended Apr 2, 2022) and FY2021 (ended Apr 3, 2021).
Adjusted diluted EPS: FY2022 Q4 $1.93, full year $5.56; FY2021 Q4 $1.27, full year $4.69.
Adjustments include M&A amortization, transaction costs, inventory step-up, stock compensation, etc.
No change to reported GAAP EPS; only presentation of non-GAAP metric updated.

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