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2021ANNUAL REPORT Comprehensive Financial Year in ReviewDELIVERINGSUSTAINABILITY ANDGROWTH2021 HIGHLIGHTS As of July 31,(In thousands, except per share amounts)2017OPERATING RESULTS ($)2018201920202021Revenue

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How to fill out earnings before interest and

01

Calculate gross profit by subtracting cost of goods sold from total revenue.

02

Calculate operating expenses by adding together all expenses except interest and taxes.

03

Subtract operating expenses from gross profit to get earnings before interest and taxes (EBIT).

Who needs earnings before interest and?

01

Financial analysts and investors use EBIT to evaluate a company's operating performance without the influence of financing and tax decisions.

02

Lenders may also use EBIT to assess a company's ability to repay debt.

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What is earnings before interest and?

Earnings before interest and taxes (EBIT) is a measure of a firm's profit that includes all expenses except interest and income tax expenses.

Who is required to file earnings before interest and?

Typically, corporations and businesses that generate revenue are required to report earnings before interest and taxes as part of their financial statements.

How to fill out earnings before interest and?

To fill out earnings before interest and taxes, sum all revenue and then subtract operating expenses, excluding interest and taxes.

What is the purpose of earnings before interest and?

The purpose of EBIT is to provide insight into a company's operational profitability before the influence of capital structure and tax rates.

What information must be reported on earnings before interest and?

Information reported includes total revenue, cost of goods sold, operating expenses, and other income or expenses, excluding interest and taxes.

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