GME 2018 Proxy Statement

Annex I RECONCILIATIONS OF GAAP AND NON-GAAP FINANCIAL MEASURES The following table reconciles the Company's operating earnings and net income, prepared in accordance with GAAP, to adjusted operating earnings and adjusted net income (in millions): Fiscal Year 2017 2016 Operating earnings $ 135.6 $ 557.7 Acquisition costs (10.7) — Property, equipment & other asset impairments 22.5 19.4 Goodwill impairment 32.8 — Intangible impairments 339.8 14.4 Store closure costs 14.0 19.8 Business divestitures and other 1.3 7.0 Adjusted operating earnings $ 535.3 $ 618.3 Consolidated Adjusted Net Income Net income $ 34.7 $ 353.2 Acquisition costs (10.7) — Property, equipment & other asset impairments 22.5 19.4 Goodwill impairment 32.8 — Intangible impairments 339.8 14.4 Store closure costs 14.0 19.8 Business divestitures and other 1.3 7.0 Tax effect of non-GAAP adjustments (92.8) (22.9) Tax reform (3.0) — Adjusted net income $ 338.6 $ 390.9 A-1 | 2018 Proxy Statement