Zekelman Industries, Inc. [Rocket]

In millions, except per share items	Sep-30-17	Sep-24-16	Sep-26-15
	S-1/A	S-1/A	S-1/A
Revenues	2,095.3	1,554.5	1,712.5
Revenue growth	34.8%	-9.2%
Cost of goods sold	1,657.7	1,200.2	1,466.8
Gross profit	437.6	354.3	245.8
Gross margin	20.9%	22.8%	14.3%
Selling, general and administrative [+]	151.3	130.2	123.1
Sales and marketing	41.0	29.6	29.4
General and administrative	110.3	100.6	93.7
Other operating expenses	1.9	2.0	8.8
EBITDA [+]	359.3	289.6	178.3
EBITDA growth	24.1%	62.4%
EBITDA margin	17.1%	18.6%	10.4%
Depreciation	54.6	49.9	46.8
EBITA	304.7	239.7	131.5
EBITA margin	14.5%	15.4%	7.7%
Amortization of intangibles	20.4	17.6	17.6
EBIT [+]	284.4	222.1	113.9
EBIT growth	28.0%	95.0%
EBIT margin	13.6%	14.3%	6.6%
Non-recurring items	0.7
Interest expense	92.1	95.9	98.5
Interest expense	92.1	95.9	98.5
Other income (expense), net [+]	7.1	-25.1	-14.2
Gain (loss) on debt retirement		-19.3	4.5
Gain (loss) on foreign currency transactions	-6.6	-1.1	18.7
Other	1.5	-1.3	0.0
Pre-tax income	198.6	101.1	1.1
Income taxes	35.3	16.0	-4.6
Tax rate	17.8%	15.8%
Earnings from continuing ops	163.3	85.1	5.8
Earnings from discontinued ops	-1.8	-16.6	-69.4
Net income	161.5	68.5	-63.7
Net margin	7.7%	4.4%	-3.7%

Basic EPS [+]	$6.79	$3.54	$0.24
Growth	91.9%	1377.1%
Diluted EPS [+]	$1.11	$0.58	$0.04
Growth	91.9%	1377.1%

Shares outstanding (basic)	24.0	24.0	24.0
Growth	0.0%	0.0%
Shares outstanding (diluted)	146.7	146.7	146.7
Growth	0.0%	0.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.