Company: WCC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000929008-25-000034
Chunk: 147

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 2
Chunk 147
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ESCO INTERNATIONAL, INC. AND SUBSIDIARIES

The following tables reconcile selling, general and administrative expenses, income from operations, other non-operating expense (income), provision for income taxes, net income attributable to common stockholders and earnings per diluted share to adjusted selling, general and administrative expenses, adjusted income from operations, adjusted other non-operating expense (income), adjusted provision for income taxes, adjusted net income attributable to common stockholders, and adjusted earnings per diluted share, which are non-GAAP financial measures, for the periods presented:

Three Months EndedSeptember 30, 2025September 30, 2024Adjusted SG&A Expenses:(In millions)Selling, general and administrative expenses$922.9$831.1Digital transformation costs(1)(10.4)(5.4)Restructuring costs(2)1.6(0.5)Adjusted selling, general and administrative expenses$914.1$825.2Adjusted Income from Operations:Income from operations$345.4$335.6Digital transformation costs(1)10.45.4Restructuring costs(2)(1.6)0.5Adjusted income from operations$354.2$341.5Adjusted Other Expense (Income), net:Other expense (income), net$—$(24.9)Gain on divestiture—19.3Reduction to pension settlement cost(3)—2.2Adjusted other expense (income), net$—$(3.4)Adjusted Provision for Income Taxes:Provision for income taxes$57.8$69.3Income tax effect of adjustments to income from operations and other expense (income), net(4)2.4(3.8)Adjusted provision for income taxes$60.2$65.5Adjusted Net Income Attributable to Common Stockholders:Net income attributable to common stockholders$187.5$189.9Digital transformation costs(1)10.45.4Restructuring costs(2)(1.6)0.5Gain on divestiture—(19.3)Reduction to pension settlement cost(3)—(2.2)Income tax effect of adjustments to income from operations and other expense (income), net(4)(2.4)3.8Adjusted net income attributable to common stockholders$193.9$178.1

(1)    Digital transformation costs include costs associated with certain digital transformation initiatives.

(2)    Restructuring costs include severance costs incurred