Exhibit 99.1

Investor Contact:	Media Contact:
Andrey Galiuk	Adrian Sakowicz
Vice President - Corporate Development	Vice President - Communications
and Investor Relations	(630) 743-5039
(630) 743-5131	asakowicz@dovercorp.com
agaliuk@dovercorp.com

DOVER REPORTS THIRD QUARTER 2019 RESULTS; TIGHTENS FULL YEAR 2019 ADJUSTED EPS GUIDANCE TO $5.82 TO $5.85

Reports organic revenue growth of 6%, significant operating margin accretion, and adjusted diluted EPS growth of 18%

DOWNERS GROVE, Ill., October 17, 2019 — Dover (NYSE: DOV), a diversified global manufacturer, announced its financial results for the third quarter ended September 30, 2019.

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions, except per share data)	2019	2018	% Change		2019	2018	% Change
U.S. GAAP from continuing operations
Revenue	$1,825	$1,747	4	%	$5,361	$5,183	3	%
Earnings 1	206	157	31	%	510	433	18	%
Diluted EPS 1	1.40	1.05	33	%	3.47	2.82	23	%
Non-GAAP from continuing operations
Adjusted earnings	235	203	15	%	646	545	19	%
Adjusted diluted EPS	1.60	1.36	18	%	4.40	3.55	24	%

¹ Q1 2019 included a $46.9 million ($0.32 of EPS) non-cash after-tax loss on assets held for sale related to Finder Pompe S.r.l.

A full reconciliation between GAAP and adjusted measures is included as an exhibit herein.

Third Quarter 2019 Financial Results:

For the third quarter ended September 30, 2019, revenue was $1.8 billion, an increase of 4.5% over the prior year. The increase in the quarter was driven by organic growth of 5.6% and acquisition growth of 1.0%, partially offset by a 1.6% unfavorable impact from foreign exchange ("FX") and 0.5% due to dispositions.

Earnings from continuing operations of $206.0 million included acquisition-related amortization costs of $25.6 million and rightsizing and other costs of $3.0 million, representing $0.17 and $0.02 of diluted earnings per share from continuing operations ("EPS"), respectively. Excluding these items, adjusted earnings from continuing operations for the quarter were $234.6 million (+15% over the comparable period in 2018), and adjusted EPS was $1.60 (+18% over the comparable period in 2018).

Year to Date 2019 Financial Results:

For the nine month period ended September 30, 2019, revenue was $5.4 billion, an increase of 3.4% over the comparable period in the prior year. The increase was driven by organic growth of 5.5% and acquisition growth of 0.8%, partially offset by a 2.5% unfavorable impact from FX and 0.4% due to dispositions.

Earnings from continuing operations of $509.8 million included acquisition-related amortization costs of $78.5 million and rightsizing and other costs of $11.2 million, representing $0.53 and $0.08 of EPS, respectively. In addition, the period included a $46.9 million, or $0.32 of EPS, non-cash after-tax loss on assets held for sale related to Finder Pompe S.r.l. (a supplier of pumps to the upstream oil & gas industry), which was sold on April 2, 2019. Excluding these items, adjusted earnings from continuing operations for the period were $646.4 million (+19% over the comparable period in 2018), and adjusted EPS was $4.40 (+24% over the comparable period in 2018).

Management Commentary:

Dover’s President and Chief Executive Officer, Richard J. Tobin, said, “The Dover portfolio companies delivered solid third quarter results as organic growth of 6% drove 180 bps of improvement in adjusted operating margins over the comparable period in 2018 as a result of volume leverage and solid operational execution.

“Our Fluids segment had another solid quarter with organic growth of 10%, driven by robust trading conditions and solid production performance in both our retail fueling business and pumps and process solutions markets. Engineered Systems' organic growth of 6% was driven by both the industrial and printing & identification platforms, with our digital printing business posting strong growth during the quarter. Refrigeration & Food Equipment had a slower quarter due to reduced demand conditions in food retail and heat exchangers, particularly in Asia.

“As we turn our attention to the fourth quarter, we are focused on delivering on our objectives for both earnings and cash flow, despite the uncertain demand and macro environment in several of our businesses and operating geographies. As a result of our solid third quarter performance, we are reaffirming and tightening our full year 2019 adjusted EPS guidance to $5.82 to $5.85."

Conference Call Information:

Dover will host a webcast and conference call to discuss its third quarter 2019 results at 10:00 A.M. Eastern Time (9:00 A.M. Central Time) on Thursday, October 17, 2019. The webcast can be accessed on the Dover website at dovercorporation.com. The conference call will also be made available for replay on the website. Additional information on Dover’s third quarter and year to date results and its operating segments can be found on the Company’s website.

About Dover:

Dover is a diversified global manufacturer with annual revenue of approximately $7 billion. We deliver innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through three operating segments: Engineered Systems, Fluids and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of 24,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” Additional information is available at dovercorporation.com.

Forward-Looking Statements:

This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements in this document other than statements of historical fact are statements that are, or could be deemed, “forward-looking” statements. Forward-looking statements are subject to numerous important risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control. Factors that could cause actual results to differ materially from current expectations include, among other things, general economic conditions and conditions in the particular markets in which we operate, changes in customer demand and capital spending, competitive factors and pricing pressures, our ability to develop and launch new products in a cost-effective manner, our ability to realize synergies from newly acquired businesses, and our ability to derive expected benefits from restructuring, productivity initiatives and other cost reduction actions. For details on the risks and uncertainties that could cause our results to differ materially from the forward-looking statements contained herein, we refer you to the documents we file with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2018, and our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. These documents are available from the Securities and Exchange Commission, and on our website, dovercorporation.com. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

INVESTOR SUPPLEMENT - THIRD QUARTER 2019

DOVER CORPORATION

CONSOLIDATED STATEMENTS OF EARNINGS

(unaudited)(in thousands, except per share data)

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Revenue	$	1,825,345	$	1,747,403	$	5,360,808	$	5,183,168
Cost of goods and services	1,151,857		1,100,883		3,391,185		3,268,583
Gross profit	673,488		646,520		1,969,623		1,914,585
Selling, general, and administrative expenses	390,775		426,445		1,195,875		1,290,246
Loss on assets held for sale	—		—		46,946		—
Operating earnings	282,713		220,075		726,802		624,339
Interest expense	31,410		31,192		94,972		98,957
Interest income	(1,263)		(2,060)		(3,098)		(6,680)
Other income, net	(5,364)		(2,073)		(11,059)		(6,641)
Earnings before provision for income taxes	257,930		193,016		645,987		538,703
Provision for income taxes	51,924		35,711		136,191		105,533
Earnings from continuing operations	206,006		157,305		509,796		433,170
Loss from discontinued operations, net	—		—		—		(4,472)
Net earnings	$	206,006	$	157,305	$	509,796	$	428,698
Basic earnings (loss) per share*:
Earnings from continuing operations	$	1.42	$	1.07	$	3.51	$	2.87
Loss from discontinued operations, net	—		—		—		(0.03)
Net earnings	$	1.42	$	1.07	$	3.51	$	2.84
Weighted average shares outstanding	145,372		147,344		145,276		151,177
Diluted earnings (loss) per common share*:
Earnings from continuing operations	$	1.40	$	1.05	$	3.47	$	2.82
Loss from discontinued operations, net	—		—		—		(0.03)
Net earnings	$	1.40	$	1.05	$	3.47	$	2.79
Weighted average shares outstanding	147,051		149,457		147,053		153,429
Dividends paid per common share	$	0.49	$	0.48	$	1.45	$	1.42
* Per share data may be impacted by rounding.

DOVER CORPORATION

QUARTERLY SEGMENT INFORMATION

(unaudited)(in thousands)

	2019												2018
	Q1			Q2			Q3			Q3 YTD			Q1			Q2			Q3			Q3 YTD			Q4			FY 2018
REVENUE
Engineered Systems
Printing & Identification	$	282,086		$	278,813		$	287,157		$	848,056		$	282,522		$	299,834		$	283,232		$	865,588		$	296,843		$	1,162,431
Industrials	405,105			417,688			414,634			1,237,427			389,104			403,155			388,302			1,180,561			399,956			1,580,517
	687,191			696,501			701,791			2,085,483			671,626			702,989			671,534			2,046,149			696,799			2,742,948
Fluids	703,224			729,433			753,046			2,185,703			628,098			693,666			690,065			2,011,829			785,509			2,797,338
Refrigeration & Food Equipment	334,643			385,474			370,335			1,090,452			338,235			401,766			386,214			1,126,215			326,878			1,453,093
Intra-segment eliminations	(301)			(702)			173			(830)			(288)			(327)			(410)			(1025)			(236)			(1,261)
Total consolidated revenue	$	1,724,757		$	1,810,706		$	1,825,345		$	5,360,808		$	1,637,671		$	1,798,094		$	1,747,403		$	5,183,168		$	1,808,950		$	6,992,118
NET EARNINGS
Segment Earnings:
Engineered Systems	$	123,074		$	131,770		$	136,022		$	390,866		$	102,066		$	126,649		$	108,714		$	337,429		$	113,841		$	451,270
Fluids 1	52,221			128,915			145,502			326,638			67,348			93,028			101,207			261,583			128,221			389,804
Refrigeration & Food Equipment	24,807			44,375			35,211			104,393			29,182			51,372			42,434			122,988			13,131			136,119
Total segments	200,102			305,060			316,735			821,897			198,596			271,049			252,355			722,000			255,193			977,193
Corporate expense / other	30,866			24,512			28,658			84,036			30,763			30,050			30,207			91,020			38,704			129,724
Interest expense	31,808			31,754			31,410			94,972			35,640			32,125			31,192			98,957			32,015			130,972
Interest income	(890)			(945)			(1,263)			(3,098)			(2,057)			(2,563)			(2,060)			(6,680)			(2,201)			(8,881)
Earnings before provision for income taxes	138,318			249,739			257,930			645,987			134,250			211,437			193,016			538,703			186,675			725,378
Provision for income taxes	32,613			51,654			51,924			136,191			24,841			44,981			35,711			105,533			28,700			134,233
Earnings from continuing operations	105,705			198,085			206,006			509,796			109,409			166,456			157,305			433,170			157,975			591,145
Earnings (loss) from discontinued operations, net	—			—			—			—			22,025			(26,497)			—			(4,472)			(16,406)			(20,878)
Net earnings	$	105,705		$	198,085		$	206,006		$	509,796		$	131,434		$	139,959		$	157,305		$	428,698		$	141,569		$	570,267
SEGMENT MARGIN
Engineered Systems	17.9		%	18.9		%	19.4		%	18.7		%	15.2		%	18.0		%	16.2		%	16.5		%	16.3		%	16.5		%
Fluids 1	7.4		%	17.7		%	19.3		%	14.9		%	10.7		%	13.4		%	14.7		%	13.0		%	16.3		%	13.9		%
Refrigeration & Food Equipment	7.4		%	11.5		%	9.5		%	9.6		%	8.6		%	12.8		%	11.0		%	10.9		%	4.0		%	9.4		%
Total segment operating margin	11.6		%	16.8		%	17.4		%	15.3		%	12.1		%	15.1		%	14.4		%	13.9		%	14.1		%	14.0		%
DEPRECIATION AND AMORTIZATION EXPENSE
Engineered Systems	$	17,795		$	17,865		$	17,455		$	53,115		$	19,239		$	19,203		$	18,204		$	56,646		$	19,233		$	75,879
Fluids	35,426			35,146			34,762			105,334			34,449			34,981			34,954			104,384			36,060			140,444
Refrigeration & Food Equipment	13,011			12,777			13,047			38,835			13,579			13,524			13,533			40,636			19,841			60,477
Corporate	1,506			1,981			1,523			5,010			1,358			1,595			1,399			4,352			1,428			5,780
Total depreciation and amortization expense	$	67,738		$	67,769		$	66,787		$	202,294		$	68,625		$	69,303		$	68,090		$	206,018		$	76,562		$	282,580
1 Q1 and Q3 YTD 2019 includes a $46,946 loss on assets held for sale for Finder Pompe S.r.l. ("Finder"). Excluding this loss, Fluids segment earnings was $99,167 and $373,584, respectively, and segment margin was 14.1% and 17.1%, respectively.

DOVER CORPORATION

QUARTERLY SEGMENT INFORMATION

(continued)

(unaudited)(in thousands)

	2019								2018
	Q1		Q2		Q3		Q3 YTD		Q1		Q2		Q3		Q3 YTD		Q4		FY 2018
BOOKINGS
Engineered Systems
Printing & Identification	$	280,658	$	276,402	$	296,654	$	853,714	$	284,437	$	306,770	$	271,367	$	862,574	$	295,963	$	1,158,537
Industrials	414,786		385,181		413,925		1,213,892		466,722		412,780		390,606		1,270,108		481,172		1,751,280
	695,444		661,583		710,579		2,067,606		751,159		719,550		661,973		2,132,682		777,135		2,909,817
Fluids	712,856		770,091		780,320		2,263,267		703,461		737,340		723,996		2,164,797		734,943		2,899,740
Refrigeration & Food Equipment	376,998		384,365		323,422		1,084,785		372,701		428,816		331,979		1,133,496		341,221		1,474,717
Intra-segment eliminations	(682)		(408)		(472)		(1,562)		(624)		33		(549)		(1,140)		(584)		(1,724)
Total consolidated bookings	$	1,784,616	$	1,815,631	$	1,813,849	$	5,414,096	$	1,826,697	$	1,885,739	$	1,717,399	$	5,429,835	$	1,852,715	$	7,282,550
BACKLOG
Engineered Systems
Printing & Identification	$	121,374	$	119,967	$	125,084			$	135,915	$	137,019	$	126,609			$	122,028
Industrials	448,137		414,996		412,817				376,474		372,525		367,963				438,546
	569,511		534,963		537,901				512,389		509,544		494,572				560,574
Fluids	538,888		564,603		584,539				544,250		564,959		588,632				523,791
Refrigeration & Food Equipment	311,632		310,454		262,870				283,250		309,440		255,783				268,991
Intra-segment eliminations	(377)		(114)		(231)				(389)		(134)		(58)				(185)
Total consolidated backlog	$	1,419,654	$	1,409,906	$	1,385,079			$	1,339,500	$	1,383,809	$	1,338,929			$	1,353,171

DOVER CORPORATION

QUARTERLY EARNINGS PER SHARE

(unaudited)(in thousands, except per share data*)

Earnings Per Share
	2019								2018
	Q1		Q2		Q3		Q3 YTD		Q1		Q2		Q3		Q3 YTD		Q4		FY 2018
Basic earnings (loss) per common share:
Continuing operations	$	0.73	$	1.36	$	1.42	$	3.51	$	0.71	$	1.10	$	1.07	$	2.87	$	1.08	$	3.94
Discontinued operations	—		—		—		—		0.14		(0.17)		—		(0.03)		(0.11)		(0.14)
Net earnings	$	0.73	$	1.36	$	1.42	$	3.51	$	0.85	$	0.92	$	1.07	$	2.84	$	0.97	$	3.80
Diluted earnings (loss) per common share:
Continuing operations	$	0.72	$	1.35	$	1.40	$	3.47	$	0.70	$	1.08	$	1.05	$	2.82	$	1.07	$	3.89
Discontinued operations	—		—		—		—		0.14		(0.17)		—		(0.03)		(0.11)		(0.14)
Net earnings	$	0.72	$	1.35	$	1.40	$	3.47	$	0.84	$	0.91	$	1.05	$	2.79	$	0.96	$	3.75
Net earnings (loss) and weighted average shares used in calculated earnings per share amounts are as follows:
Net earnings (loss):
Continuing operations	$	105,705	$	198,085	$	206,006	$	509,796	$	109,409	$	166,456	$	157,305	$	433,170	$	157,975	$	591,145
Discontinued operations	—		—		—		—		22,025		(26,497)		—		(4,472)		(16,406)		(20,878)
Net earnings	$	105,705	$	198,085	$	206,006	$	509,796	$	131,434	$	139,959	$	157,305	$	428,698	$	141,569	$	570,267
Weighted average shares outstanding:
Basic	145,087		145,366		145,372		145,276		154,520		151,744		147,344		151,177		146,007		149,874
Diluted	146,911		147,179		147,051		147,053		157,090		153,938		149,457		153,429		147,940		152,133
* Per share data may be impacted by rounding.

Non-GAAP Reconciliations

Adjusted Earnings Per Share (Non-GAAP)
Earnings from continuing operations are adjusted by the effect of acquisition-related amortization, rightsizing and other costs, loss on assets held for sale, and the Tax Cuts and Jobs Act to derive adjusted earnings from continuing operations and adjusted diluted earnings per common share as follows:
	2019								2018
	Q1		Q2		Q3		Q3 YTD		Q1		Q2		Q3		Q3 YTD		Q4		FY 2018
Adjusted earnings:
Earnings from continuing operations	$	105,705	$	198,085	$	206,006	$	509,796	$	109,409	$	166,456	$	157,305	$	433,170	$	157,975	$	591,145
Acquisition-related amortization, pre-tax 1	35,635		34,997		34,244		104,876		38,150		38,072		34,997		111,219		35,078		146,297
Acquisition-related amortization, tax impact 2	(8,964)		(8,777)		(8,624)		(26,365)		(9,716)		(9,683)		(8,785)		(28,184)		(8,817)		(37,001)
Rightsizing and other costs, pre-tax 3	3,963		6,457		3,807		14,227		4,371		6,808		24,201		35,380		37,448		72,828
Rightsizing and other costs, tax impact 2	(861)		(1,377)		(806)		(3,044)		(797)		(1,448)		(4,477)		(6,722)		(7,809)		(14,531)
Loss on assets held for sale 4	46,946		—		—		46,946		—		—		—		—		—		—
Tax Cuts and Jobs Act 5	—		—		—		—		—		—		—		—		(2,832)		(2,832)
Adjusted earnings from continuing operations	$	182,424	$	229,385	$	234,627	$	646,436	$	141,417	$	200,205	$	203,241	$	544,863	$	211,043	$	755,906
Adjusted diluted earnings per common share*:
Diluted earnings per share from continuing operations	$	0.72	$	1.35	$	1.40	$	3.47	$	0.70	$	1.08	$	1.05	$	2.82	$	1.07	$	3.89
Acquisition-related amortization, pre-tax 1	0.24		0.24		0.23		0.71		0.24		0.25		0.23		0.72		0.24		0.96
Acquisition-related amortization, tax impact 2	(0.06)		(0.06)		(0.06)		(0.18)		(0.06)		(0.06)		(0.06)		(0.18)		(0.06)		(0.24)
Rightsizing and other costs, pre-tax 3	0.03		0.04		0.03		0.10		0.03		0.04		0.16		0.23		0.25		0.48
Rightsizing and other costs, tax impact 2	(0.01)		(0.01)		(0.01)		(0.02)		(0.01)		(0.01)		(0.03)		(0.04)		(0.05)		(0.10)
Loss on assets held for sale 4	0.32		—		—		0.32		—		—		—		—		—		—
Tax Cuts and Jobs Act 5	—		—		—		—		—		—		—		—		(0.02)		(0.02)
Adjusted diluted earnings per share from continuing operations	$	1.24	$	1.56	$	1.60	$	4.40	$	0.90	$	1.30	$	1.36	$	3.55	$	1.43	$	4.97
1 Includes amortization on acquisition-related intangible assets and inventory step-up.
2 Adjustments were tax effected using the statutory tax rates in the applicable jurisdictions or the effective tax rate, where applicable, for each period.
3 Rightsizing and other costs include actions taken on employee reductions, facility consolidations and site closures, product line exits and other associated asset charges.
4 Represents a loss on assets held for sale of Finder. Under local law, no tax benefit is realized from the loss on the sale of a wholly-owned business.
5 2018 tax benefits related to additional Tax Cuts and Jobs Act regulatory guidance covered by SAB 118.
* Per share data and totals may be impacted by rounding.

Adjusted EPS from Continuing Operations Guidance Reconciliation
	Range
2019 Guidance for Earnings per Share from Continuing Operations (GAAP)	$	4.69		$	4.72
Acquisition-related amortization, net			0.71
Rightsizing and other costs, net			0.10
Loss on assets held for sale			0.32
2019 Guidance for Adjusted Earnings per Share from Continuing Operations (Non-GAAP)	$	5.82		$	5.85

DOVER CORPORATION

ADDITIONAL INFORMATION

(unaudited)(in thousands)

Quarterly Cash Flow

	2019								2018
	Q1		Q2		Q3		Q3 YTD		Q1		Q2		Q3		Q3 YTD		Q4		FY 2018
Net Cash Flows Provided By (Used In):
Operating activities	$	24,524	$	208,709	$	350,865	$	584,098	$	15,535	$	159,205	$	243,944	$	418,684	$	370,509	$	789,193
Investing activities	(217,690)		(69,755)		(48,612)		(336,057)		(122,597)		(51,606)		(35,922)		(210,125)		(35,355)		(245,480)
Financing activities	36,067		(60,596)		(277,901)		(302,430)		(289,103)		(227,734)		(232,476)		(749,313)		(148,525)		(897,838)

Quarterly Free Cash Flow (Non-GAAP)

	2019												2018
	Q1			Q2			Q3			Q3 YTD			Q1			Q2			Q3			Q3 YTD			Q4			FY 2018
Cash flow from operating activities	$	24,524		$	208,709		$	350,865		$	584,098		$	15,535		$	159,205		$	243,944		$	418,684		$	370,509		$	789,193
Less: Capital expenditures	(37,122)			(53,970)			(46,184)			(137,276)			(44,678)			(51,686)			(38,192)			(134,556)			(36,438)			(170,994)
Free cash flow	$	(12,598)		$	154,739		$	304,681		$	446,822		$	(29,143)		$	107,519		$	205,752		$	284,128		$	334,071		$	618,199
Free cash flow as a percentage of revenue	(0.7)		%	8.5		%	16.7		%	8.3		%	(1.8)		%	6.0		%	11.8		%	5.5		%	18.5		%	8.8		%

Revenue Growth Factors

	Three Months Ended September 30, 2019
	Engineered Systems		Fluids		Refrigeration & Food Equipment		Total
Organic	6.3	%	9.8	%	(3.2)	%	5.6	%
Acquisitions	—	%	2.6	%	—	%	1.0	%
Dispositions	—	%	(1.3)	%	—	%	(0.5)	%
Currency translation	(1.8)	%	(2.0)	%	(0.9)	%	(1.6)	%
Total *	4.5	%	9.1	%	(4.1)	%	4.5	%

	Nine Months Ended September 30, 2019
	Engineered Systems		Fluids		Refrigeration & Food Equipment		Total
Organic	4.5	%	10.7	%	(1.9)	%	5.5	%
Acquisitions	—	%	2.0	%	—	%	0.8	%
Dispositions	—	%	(1.0)	%	—	%	(0.4)	%
Currency translation	(2.6)	%	(3.1)	%	(1.3)	%	(2.5)	%
Total *	1.9	%	8.6	%	(3.2)	%	3.4	%
* Totals may be impacted by rounding.

Non-GAAP Disclosures

In an effort to provide investors with additional information regarding our results as determined by GAAP, Management also discloses non-GAAP information that Management believes provides useful information to investors. Adjusted earnings from continuing operations, adjusted diluted earnings per share from continuing operations, free cash flow, and organic revenue growth are not financial measures under GAAP and should not be considered as a substitute for earnings from continuing operations, diluted earnings per share from continuing operations, cash flows from operating activities, or revenue as determined in accordance with GAAP, and they may not be comparable to similarly titled measures reported by other companies. 

Adjusted earnings from continuing operations represents earnings from continuing operations adjusted for the effect of acquisition-related amortization, rightsizing and other costs, loss on assets held for sale, and the Tax Cuts and Jobs Act. We exclude after-tax acquisition-related amortization because the amount and timing of such charges are significantly impacted by the timing, size, number and nature of the acquisitions the Company consummates. We exclude the other items because they occur for reasons that may be unrelated to the Company's commercial performance during the period and/or Management believes they are not indicative of the Company's ongoing operating costs or gains in a given period. Management believes this information is useful to investors to better understand the Company’s ongoing profitability as it will better reflect the Company's core operating results, offer more transparency and facilitate easier comparability to prior and future periods and to its peers. Adjusted diluted earnings per share from continuing operations represents adjusted earnings from continuing operations divided by average diluted shares.

Free cash flow represents net cash provided by operating activities minus capital expenditures. Management believes that free cash flow is an important measure of operating performance because it provides management and investors a measurement of cash generated from operations that is available for mandatory payment obligations and investment opportunities, such as funding acquisitions, paying dividends, repaying debt and repurchasing our common stock.

Management believes that reporting organic revenue growth, which excludes the impact of foreign currency exchange rates and the impact of acquisitions and dispositions, provides a useful comparison of our revenue performance and trends between periods.