Company: PRGO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001585364-25-000122
Chunk: 87

Company: PERRIGO Co plc
Filing Date: 2025-08-06
Form: 10-Q
Item: Part II, Item 1
Chunk 87
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 not fall below a minimum interest coverage ratio of 3.00 to 1.00 at the end of each fiscal quarter, provided that such covenants apply only to the Revolver and the Term Loan A Facility. If we consummate certain qualifying acquisitions during the term of the loan, the maximum first lien secured net leverage ratio covenant would increase to 3.25 to 1.00 for such quarter and the three following fiscal quarters thereafter. During the three and six months ended June 28, 2025, principal repayments of $8.8 million and $17.6 million, respectively, were made on the Term Loan A Facility and Term Loan B Facility. There were no borrowings outstanding under the Revolver as of June 28, 2025 or December 31, 2024. We were in compliance with all the covenants under our debt agreements as of June 28, 2025.Other FinancingWe have overdraft facilities available that we use to support our cash management operations. We report any balances outstanding in the above table under "Other financing". There were no material borrowings outstanding under the overdraft facilities as of June 28, 2025 or December 31, 2024. We have financing leases that are reported in the above table under "Other financing" (refer to Note 7).

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Perrigo Company plc - Item 1Note 12

NOTE 12 - EARNINGS PER SHARE AND SHAREHOLDERS' EQUITY

Earnings per ShareA reconciliation of the numerators and denominators used in our basic and diluted earnings per share ("EPS") calculation is as follows (in millions):  Three Months EndedSix Months Ended June 28, 2025June 29, 2024June 28, 2025June 29, 2024Numerator:Income (loss) from continuing operations$(0.5)$(105.7)$(0.4)$(101.6)Loss from discontinued operations, net of tax(7.9)(2.7)(14.4)(4.8)Net income (loss) $(8.4)$(108.4)$(14.8)$(106.4)Denominator:Weighted average shares outstanding for basic EPS138.2 137.1 138.0 136.9 Dilutive effect of share-based awards(1)— — — — Weighted average shares outstanding for diluted EPS138