An accompanying slide presentation will also be available on the website. COVID-19 has negatively impacted the Company's operating results during the second quarter due primarily to periodic closures of its facilities in all regions in which the Company operates, and periodic mandatory halts of construction activity in specific cities and countries around the world by government authorities or voluntary closures due to safety concerns. COVID-19 began emerging in the latter half of the first quarter resulting in temporary mandated closures of the Company's manufacturing operations, primarily in China. (1)   Shareholder activism and other related costs consist primarily of professional fees incurred in connection with the actions by certain of GCP shareholders seeking changes in the composition of its Board of Directors and nomination of candidates to stand for election at the 2019 and 2020 Annual Shareholders' Meetings, as well as other related matters. The following are the non-GAAP financial measures presented in the table: Beginning with the second quarter of  2020, GCP no longer excludes the impact of COVID-19-related costs from its computation of Adjusted EBIT, Adjusted EBIT Margin, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted EPS, Adjusted Gross Profit and Adjusted Gross Margin. The Social Inclusion and Community Activation Programme (SICAP) 2018 – 2022 is funded by the Irish Government through the Department of Rural and Community Development and co-funded by the European Social Fund under the Programme for Employability, Inclusion and Learning (PEIL) 2014 – … The Analysis of Operations pages included in this press release provide reconciliations of these non-GAAP financial measures to their most comparable GAAP measures, as well as definitions for each of these non-GAAP financial measures and explanations as to why management finds them useful and believes they are useful to investors, potential investors and others. GCP Applied Technologies Inc.Consolidated Statements of Operations (unaudited). For the three months ended June 30, 2020, GCP reported net sales of $195.4 million compared to $262.2 million in the prior year quarter. Other pension-related costs, including annual mark-to-market adjustments, gains or losses from curtailments and terminations, as well as other related costs, are excluded from Adjusted EBIT.
If anyone knows about being bold, cutting edge, and progressive, it’s NASA. These non-GAAP measures do not purport to represent income or liquidity measures as defined under United States generally accepted accounting principles ("GAAP"), and should not be considered as alternatives to such measures as an indicator of GCP's performance. Tá an Clár Gníomhachtúcháin Pobail agus Cuimsiú Sóisialta (SICAP) 2018 – 2022 maoinithe ag rialtas na hÉireann trí an Roinn Forbartha Tuaithe agus Pobail agus arna chómhaoiniú ag Ciste Sóisialta na hEorpa faoi an Clár um Infhostaitheacht, Cuimsiú agus Foghlaim (PEIL) 2014-2020. Forward-looking statements include, without limitation, statements about expected financial positions; results of operations; cash flows; financing plans; business strategy; operating plans; strategic alternatives; capital and other expenditures; competitive positions; growth opportunities for existing products; benefits from new technology and cost reduction initiatives, plans and objectives; and markets for securities. Cleveland, OH 44106 Google Maps, 4:30 - 5:30 p.m. - Registration & Networking Reception The live call can be accessed  by dialing +1 (888) 254-3590 in the U.S. or +1 (720) 543-0214 internationally prior to the start of the call. For those unable to participate in the live conference call, a playback will be available until May 13, 2020.