Company: ATMU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001921963-25-000121
Chunk: 79

Company: Atmus Filtration Technologies Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 79
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8.5 10.5 16.9 21.0 Income tax expense16.8 15.7 28.9 28.5 Depreciation and amortization7.4 6.3 14.6 11.7 EBITDA (non-GAAP)$92.6 $88.7 $165.0 $162.9 Plus:One-time separation costs(a)$2.5 $3.8 $11.8 $9.8 Adjusted EBITDA (non-GAAP)$95.1 $92.5 $176.8 $172.7 Net sales$453.5 $432.6 $870.0 $859.2 Net income margin13.2 %13.0 %12.0 %11.8 %EBITDA margin (non-GAAP)20.4 %20.5 %19.0 %19.0 %Adjusted EBITDA margin (non-GAAP)21.0 %21.4 %20.3 %20.1 %

(a)Primarily comprised of one-time expenses related to Information Technology, warehousing, manufacturing and Human Resources separation costs.

A reconciliation of Diluted earnings per share to Adjusted earnings per share is shown in the table below:

For the Three Months Ended June 30,For the Six Months Ended June 30,2025202420252024(per share)Diluted earnings per share$0.72 $0.67 $1.26 $1.22 Plus:One-time separation costs(a)$0.03 $0.05 $0.14 $0.12 Less:Tax impact of one-time separation costs(a)$— $0.01 $0.03 $0.02 Adjusted earnings per share$0.75 $0.71 $1.37 $1.32 

(a)Primarily comprised of one-time expenses related to Information Technology, warehousing, manufacturing and Human Resources separation costs and the related tax impact of those expenses. The tax impact of one-time separation costs for the three months ended June 30, 2025 and 2024 were $0.5 million and $0.8 million, respectively, and for the six months ended June 30, 2025 and 2024 were $2