View - CTS Corp.

CTS Corporation
Reconciliation of Year-to-Date Effective Tax Rate to Year-to-Date Adjusted Tax Rate
($ in thousands)
Pre-tax (loss)/earnings per GAAP
Q3 2009 - YTD Q2 2009 - YTD Q1 2009 - YTD
$
(28,321) $
(33,975) $
(36,679)
Tax expense/(benefit) per GAAP
$
Effective tax rate
Pre-tax (loss) per GAAP
Add:
Goodwill impairment charges
Adjusted Pre-tax (loss)
Tax expense/(benefit) per GAAP
Subtract:
Tax expense related to goodwill impairment charges
Tax expense related to cash repatriation
Adjusted tax expense/(benefit)
Adjusted tax rate
9,872
$
-34.9%
$
(28,321) $
33,153
4,832
$
$
9,872
$
205
(9,077)
1,000 $
20.8%
$
-25.6%
$
$
8,699
(1,030)
2.8%
(33,975) $
(36,679)
33,153
(822) $
33,153
(3,526)
8,699
$
(1,030)
205
(9,077)
(173) $
205
(825)
21.0%
23.4%