SEGMENT INFORMATION (Tables)

3 Months Ended

May 03, 2020

SEGMENT INFORMATION

Schedule of net sales, Adjusted EBITDA, and other measures for each of the reportable segments and total continuing operations

The following tables present Net sales, Adjusted EBITDA, and other measures for both of the reportable segments and total operations for the periods indicated (amounts in millions):

	Facilities		Construction				Total
	Maintenance		& Industrial		Eliminations		Operations
Three Months Ended May 3, 2020
Net sales	$	682	$	713	$	—	$	1,395
Adjusted EBITDA		98		65		—		163
Depreciation(1) & Software Amortization		13		10		—		23
Other Intangible Amortization		2		4		—		6
Three Months Ended May 5, 2019
Net sales	$	772	$	721	$	—	$	1,493
Adjusted EBITDA		134		69		—		203
Depreciation(1) & Software Amortization		10		11		—		21
Other Intangible Amortization		2		4		—		6

(1) Depreciation includes amounts recorded within Cost of sales in the Consolidated Statements of Operations.

Schedule of reconciliation of adjusted EBITDA to income (loss) from continuing operations

Reconciliation to Consolidated Financial Statements

	Three Months Ended
	May 3, 2020		May 5, 2019
Total Adjusted EBITDA	$	163	$	203
Depreciation and amortization(1)		29		27
Stock-based compensation		7		7
Restructuring and separation(2)		6		(2)
Acquisition and integration costs(3)		—		1
Operating income		121		170
Interest expense		25		28
Income from Before Provision for Income Taxes		96		142
Provision for income taxes		24		35
Net income	$	72	$	107

(1) Depreciation and amortization includes amounts recorded within Cost of sales in the Consolidated Statements of Operations.

(2) Represents the costs related to separation activities and personnel changes, primarily severance and other employee-related costs. During the three months ended May 5, 2019, the costs include a favorable termination of the lease for the Company’s former corporate headquarters.

(3) Represents the cost incurred in the acquisition and integration of business acquisitions.