Company: ST
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001477294-25-000131
Chunk: 68

Company: Sensata Technologies Holding plc
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 68
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$373.6 $2.54 

29

 For the nine months ended September 30, 2024(Dollars in millions, except per share amounts)Operating IncomeOperating MarginIncome TaxesNet IncomeDiluted EPSReported (GAAP)$75.5 2.5 %$(169.7)$122.7 $0.81 Non-GAAP adjustments:Restructuring related and other (a)240.6 8.0 (2.4)238.2 1.58 Financing and other transaction costs (b)139.5 4.6 (1.7)137.8 0.91 Amortization of intangible assets (c)118.0 3.9 — 118.0 0.78 Amortization of debt issuance costs— — — 4.5 0.03 Other, net— — 0.7 20.4 0.14 Deferred taxes and other tax related— — (233.8)(233.8)(1.55)Total adjustments498.1 16.5 (237.2)285.1 1.89 Adjusted (non-GAAP)$573.6 19.0 %$67.5 $407.8 $2.70 

(a)    The following table presents the components of our restructuring related and other non-GAAP adjustment to net income for the three and nine months ended September 30, 2025 and 2024 (amounts have been calculated based on unrounded numbers, accordingly, certain amounts may not appear to recalculate due to the effect of rounding):

 For the three months ended September 30, For the nine months ended September 30, (In millions)2025202420252024Business and corporate repositioning (i)$6.1 $61.8 $40.4 $90.5 Other (ii)261.8 150.1 262.1 150.1 Income tax effect(4.0)(1.2)(3.1)(2.4)Total non-GAAP restructuring related and other$263.9 $210.7 $299.4 $238.2 

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i.Primarily includes charges related to repositioning our business and corporate functions to more effectively respond to the challenges that face