Basic operating income and basic diluted earnings per share exclude anticipated adjustments of $ 8 million for amortization of intangibles (or $ 0.05 per diluted share) and $ 36 million for compensation expense stock-based and related charges (or $ 0.24 per diluted share).
(Definitions: ?? US GAAP ?? means generally accepted accounting principles in the United States. Jabil defines basic operating income as US GAAP operating income less amortization of intangible assets, stock-based compensation and related charges, restructuring charges, severance and related charges, charges for customers in difficulty, acquisition and integration charges, losses on the disposal of subsidiaries, settlement of receivables and related charges, impairment of bills receivable and related charges, goodwill impairment charges and interruption charges activity and depreciation, net plus other items in the net cost of periodic services. Jabil defines basic earnings as US GAAP net income before amortization of intangible assets, stock-based compensation and related charges, restructuring charges, severance and related charges, customer charges in difficulty, acquisition and integration charges, losses on the disposal of subsidiaries, settlement of receivables and charges, impairment of bills receivable and related charges, goodwill impairment charges, operating losses and impairment charges , net, loss (gain) on securities, result (loss) from discontinued operations, gain (loss) on sale of discontinued operations and certain other expenses, net of taxes and certain deferred tax impairment charges. Jabil defines basic diluted earnings per share as basic earnings divided by the weighted average number of diluted shares outstanding as determined under US GAAP. Jabil defines adjusted free cash flow as the net cash provided by (used in) operating activities plus receipts on receivables sold minus net capital expenditures (acquisition of property, plant and equipment minus income and advances from the sale of fixed assets. bodily). Jabil reports basic operating income, basic income, diluted earnings per share and adjusted free cash flow to provide investors with an additional method to measure operating income, earnings, diluted earnings per share and the free cash flow of what it considers to be its core manufacturing operations. See attached reconciliation of Jabil’s basic operating income to its US GAAP operating income, its calculation of basic and diluted earnings per share to its US GAAP net income and US GAAP earnings per share and information additional in the additional information. )
Forward-looking statements: This press release contains forward-looking statements, including those regarding our expected financial results for our fourth quarter of fiscal 2021 and fiscal 2021 and our expectations for future financial performance in our first quarter of fiscal 2022 (including , net sales, total company sales, segment sales, US GAAP operating income, US GAAP diluted earnings per share, core operating income (Non-GAAP), core profit diluted by action results (Non-GAAP) and their components, including, but not limited to, amortization of intangible assets, stock-based compensation expense and related expenses). The statements contained in this press release are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual results to differ materially from our current expectations. These factors include, but are not limited to: our determination, as we finalize our financial results for our fourth quarter of fiscal 2021 and fiscal 2021, that our financial results and conditions differ from our current unaudited preliminary figures set forth herein; the scope and duration of the COVID-19 epidemic and its impact on our operations, sites, customers and supply chain; manage growth effectively; our dependence on a limited number of clients; competitive challenges affecting our customers; manage rapid drops or increases in customer demand and other customer-related challenges that may arise; risks associated with relationships with emerging companies; technological changes; our ability to introduce new business models or programs requiring the implementation of new skills; competetion; transportation problems; our ability to maintain our expertise in engineering, technology and manufacturing; retain key personnel; our ability to purchase components efficiently and depend on a limited number of suppliers for critical components; risks associated with international sales and operations; our ability to achieve the expected profitability of acquisitions; the risk arising from our restructuring activities; issues involving our information systems, including security issues; regulatory risks (including expenses related to compliance or non-compliance with applicable regulations; risk arising from design or manufacturing defects; and intellectual property risk); financial risks (including customers or suppliers experiencing financial difficulties; turbulence in financial markets; tax risks; credit rating risks; debt exposure risks; currency fluctuations; energy prices; and depreciation of assets); changes in financial accounting standards or policies; and the risk of natural disaster, climate change or other global events. Additional factors that could cause such differences can be found in our annual report on Form 10-K for the fiscal year ended August 31, 2020 and our other documents filed with the Securities and Exchange Commission. We assume no obligation to update these forward-looking statements.