SLIDE 1
Ame r ic an Woodmar k’s Ac quisition of RSI Home Pr
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F
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war d L
- oking State me nts
T his c o mmunic a tio n c o nta ins c e rta in “fo rwa rd-lo o king sta te me nts” within the me a ning o f the Priva te Se c uritie s L itig a tio n Re fo rm Ac t o f 1995, inc luding sta te me nts a s to the a ntic ipa te d timing o f c o mple tio n o f the pro po se d tra nsa c tio n, e xpe c te d c o st syne rg ie s, future fina nc ia l a nd o pe ra ting re sults, a nd o the r e xpe c te d e ffe c ts o f the pro po se d tra nsa c tio n. T he se fo rwa rd- lo o king sta te me nts ma y b e ide ntifie d b y the use o f wo rds suc h a s “a ntic ipa te ,” “e stima te ,” “fo re c a st,” “e xpe c t,” “b e lie ve ,” “sho uld,” “c o uld,” “wo uld,” “pla n,” “ma y,” “ inte nd,” “pro spe c t,” “g o a l,” “will,” “pre dic t,” o r “po te ntia l” o r o the r simila r wo rds
- r va ria tio ns the re o f. T
he se sta te me nts a re b a se d o n the c urre nt b e lie fs a nd e xpe c ta tio ns o f the ma na g e me nt o f Ame ric a n Wo o dma rk a nd a re sub je c t to sig nific a nt risks a nd unc e rta intie s tha t c o uld c a use a c tua l o utc o me s a nd re sults to diffe r ma te ria lly fro m tho se e xpre sse d he re in. T he se risks a nd unc e rta intie s inc lude , b ut a re no t limite d to , the o c c urre nc e o f a ny e ve nt, c ha ng e o r o the r c irc umsta nc e s tha t c o uld g ive rise to the te rmina tio n o f the me rg e r a g re e me nt o r a de la y in the c o mple tio n o f the pro po se d tra nsa c tio n, a fa ilure b y e ithe r o r b o th pa rtie s to sa tisfy c o nditio ns to c lo sing , a fa ilure to o b ta in a ny re q uire d re g ula to ry o r third-pa rty a ppro va ls, inc luding a ny re q uire d a ntitrust a ppro va ls, the e ffe c t o f the a nno unc e me nt
- f the pro po se d tra nsa c tio n o n the a b ility o f Ame ric a n Wo o dma rk a nd RSI
to re ta in c usto me rs, ma inta in re la tio nships with the ir supplie rs a nd hire a nd re ta in ke y pe rso nne l, Ame ric a n Wo o dma rk’ s a b ility to suc c e ssfully inte g ra te RSI into its b usine ss a nd o pe ra tio ns, a nd the risk tha t the e c o no mic b e ne fits, c o sts sa ving s a nd o the r syne rg ie s a ntic ipa te d b y Ame ric a n Wo o dma rk a re no t fully re a lize d o r ta ke lo ng e r to re a lize tha n e xpe c te d. Additio na l risks a nd unc e rta intie s tha t c o uld impa c t Ame ric a n Wo o dma rk’ s future o pe ra tio ns a nd fina nc ia l re sults a re c o nta ine d in Ame ric a n Wo o dma rk’ s filing s with the Se c uritie s a nd E xc ha ng e Co mmissio n (“SE C”), inc luding in its Annua l Re po rt o n F
- rm 10-K
fo r the ye a r e nde d April 30, 2017 unde r the he a ding “Risk F a c to rs” a nd its mo st re c e nt Qua rte rly Re po rt o n F
- rm 10-Q fo r the pe rio d e nde d July 31, 2017 unde r
the he a ding “Ma na g e me nt’ s Disc ussio n a nd Ana lysis o f F ina nc ia l Co nditio n a nd Re sults o f Ope ra tio ns – F
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Sta te me nts.” T he se re po rts, a s we ll a s the o the r do c ume nts file d b y Ame ric a n Wo o dma rk with the SE C, a re a va ila b le fre e o f c ha rg e a t the SE C’ s we b site a t www.se c .g o v.
E stimate d F inanc ial Infor mation
T his pre se nta tio n inc lud e s c e rta in e stima te d fina nc ia l info rma tio n, inc luding , b ut no t limite d to , CY 2017 Ad j. EBI T DA Ma rg in, C Y 2017 Re ve nue a nd CY 2017 Ad j. E BI T
- DA. T
his info rma tio n, whic h inc o rpo ra te s a c tua l, una ud ite d fina nc ia l re sults thro ug h Oc to b e r 31, 2017, in the c a se o f Ame ric a n Wo o dma rk, a nd Se p te mb e r 30, 2017, in the c a se o f RSI , re pre se nts e stima te s b y b o th RSI's ma na g e me nt a nd Ame ric a n Wo o d ma rk's ma na g e me nt a s o f the d a te o f this re le a se o nly. T he se e stima te s (i) a re b a se d up o n a numb e r o f assumptions and estimates that ar e inher entl y subjec t to business, e c o no mic and c ompetitive unc er tainties and c o ntingenc ies, many o f whic h a re b e yo nd o ur c o ntro l, (ii) a re b a se d upo n c e rta in sp e c ific a ssumptio ns with re spe c t to future b usine ss d e c isio ns, so me o f whic h will c ha ng e , a nd (iii) a re ne c e ssa rily spe c ula tive in na ture . So me o r a ll
- f the a ssumptio ns a nd e stima te s utilize d ma y no t ma te ria lize o r ma y va ry sig nific a ntly fro m a c tua l re sults. As a re sult,
inve sto rs a re urg e d to put the e stima te d numb e rs p ro vid e d in c o nte xt a nd no t to p la c e undue re lia nc e o n the m.