Company: WCC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000929008-25-000023
Chunk: 57

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 57
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: Adjusted EBITDA and Adjusted EBITDA margin % are non-GAAP financial measures that provide indicators of the Company's performance and its ability to meet debt service requirements. Adjusted EBITDA margin % is calculated by dividing Adjusted EBITDA by net sales.

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Table of Contents   WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

The following tables reconcile selling, general and administrative expenses, income from operations, other non-operating (income) expense, 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 (income) expense, 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:

Six Months EndedJune 30, 2025June 30, 2024Adjusted SG&A Expenses:(In millions)Selling, general and administrative expenses$1,708.5$1,657.8Digital transformation costs(1)(13.8)(12.1)Restructuring costs(2)(1.6)(9.0)Loss on abandonment of assets(3)—(17.8)Excise taxes on excess pension plan assets(4)—(4.8)Adjusted selling, general and administrative expenses$1,693.1$1,614.1Adjusted Income from Operations:Income from operations$563.1$586.5Digital transformation costs(1)13.812.1Restructuring costs(2)1.69.0Loss on abandonment of assets(3)—17.8Excise taxes on excess pension plan assets(4)—4.8Adjusted income from operations$578.5$630.2Adjusted Other (Income) Expense, net:Other income, net$(7.1)$(74.3)Loss on termination of business arrangement(5)(0.3)(3.8)Gain on divestiture—102.9Pension settlement cost(6)—(5.5)Adjusted other (income) expense, net$(7.4)$19.3Adjusted Provision for Income Taxes:Provision for income taxes$97.9$118.7Income tax effect of adjustments to income from operations and other (income) expense, net(7)4.1(13.6)Adjusted provision for income taxes$102.0$105.1Adjusted