This management's discussion and analysis of financial condition and results of
operations should be read in conjunction with our Annual Report on Form 10-K for
the fiscal year ended February 28, 2020. Reference to a year relates to the
fiscal year, ended in February of the year indicated, rather than the calendar
year, unless indicated by a specific date. Additionally, Q1, Q2, Q3 and Q4
reference the first, second, third and fourth quarter, respectively, of the
fiscal year indicated. All amounts are in millions, except share and per share
data, data presented as a percentage or as otherwise indicated.
Non-GAAP Financial Measures
This item contains certain non-GAAP financial measures. A "non-GAAP financial
measure" is defined as a numerical measure of a company's financial performance
that excludes or includes amounts so as to be different than the most directly
comparable measure calculated and presented in accordance with GAAP in the
condensed consolidated statements of income, balance sheets or statements of
cash flows of the company. Pursuant to the requirements of Regulation G, we have
provided a reconciliation below of the non-GAAP financial measures to the most
directly comparable GAAP financial measure.
The non-GAAP financial measures used are (1) organic revenue decline, which
represents the change in revenue excluding the impacts of acquisitions and
divestitures and estimated currency translation effects, and (2) adjusted
operating income (loss), which represents operating income (loss) excluding
goodwill impairment charges. These measures are presented because management
uses this information to monitor and evaluate financial results and trends.
Therefore, management believes this information is also useful for investors.
Financial Summary

Our reportable segments consist of the Americas segment, the EMEA segment and the Other category. Unallocated corporate costs are reported as Corporate. Results of Operations

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