Charlotte Academy: Discover now!
Table Of Content Charlotte Academy Sign up for Dental Tribune USA Newsletter ITI International Team for Implantology Clinical Training Rooms Additional Meeting Space Academy\r\n"" id="text-943fb917a1" class="cmp-text"> The Company defines adjusted free cash flow as net cash provided by operating activities minus capital expenditures during the same period, and adjusted free cash flow conversion is defined as adjusted free cash flow divided by adjusted net income (loss). Management believes this Non-GAAP measure is important for use in evaluating the Company’s financial performance as it measures our ability to efficiently generate cash from our business operations relative to earnings. It should be considered in addition to, rather than as a substitute for, net income (loss) as a measure of our performance or net cash provided by operating activities as a measure of our liquidity. First quarter net sales of $953 million decreased (2.6%) (organic sal