This guidance excluded the impact of the additional shares subsequently issued in February. Reconciliation to Adjusted EPS Excluding Special Items and Impacts of February 2020 Equity Offering Three MonthsEnded March 31, 2020 Net income from continuing operations – GAAP $ 33.1 Special items, after tax(1) 8.6 After tax interest income earned on equity proceeds, included in Interest expense, net (0.7) Adjusted net income excluding special items and impact of interest income on equity proceeds $ 41.0 Diluted weighted-average shares used to compute earnings per common share 86.7 Weighted-average impact of 15.3 million shares issued in February 2020 equity offering (9.3) Diluted weighted-average shares excluding impact of shares issued in February 2020 equity offering 77.4 Adjusted EPS - excluding special items and the net impact of equity offering $ 0.53 Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS) from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP.

They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission. Adjusted EPS 2006Y* 2007Y* 2008Y* 2009Y* 2010Y 2011Y 2012Y 2013Y 2014Y Net income attributable to PolyOne common shareholders $ 130.9 $ 40.9 $ (417.0) $ 106.7 $ 152.5 $ 153.4 $ 53.3 $ 94.0 $ 78.0 Joint venture equity earnings, after tax (68.5) (26.1) (20.8) (19.0) (14.7) (3.7) - - - Special items, after tax (21.2) 41.4 310.0 (31.0) 15.8 (30.5) 35.7 30.4 101.0 Tax adjustments (30.0) (30.7) 147.2 (44.9) (88.3) (42.3) 0.5 2.2 (10.5) Adjusted net income $ 11.2 $ 25.5 $ 19.4 $ 11.8 $ 65.3 $ 76.9 $ 89.5 $ 126.6 $ 168.5 Diluted shares 92.8 93.1 92.7 93.4 96.0 94.3 89.8 96.5 93.5 Adjusted EPS $ 0.12 $ 0.27 $ 0.21 $ 0.13 $ 0.68 $ 0.82 $ 1.00 $ 1.31 $ 1.80 * Historical results are shown as presented in prior filings and have not been updated to reflect subsequent changes in accounting principal or discontinued operations.

Find out how you can strengthen your design game with this principle. We've interviewed Chris Lefteri, Marshall Hamachi, and Owen Foster to glean their insights on materials-centric design, plus rounded up some success stories from the Avient Design team to illustrate how this concept plays out in the real world. 

This perspective, rooted in advanced design and detailed analysis, fosters innovation and expands opportunities for our customers to gain market share. This enables us to evaluate how different materials perform and to establish best practice processing parameters. Processing conditions can cause material properties to shift from the values stated in the information.

per share. A registration statement relating to these securities has been filed with the SEC Filings

You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission. In addition, operating income before the effect of special items is a component of Avient’s annual incentive plans and is used in debt covenant computations. Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful measure of current period earnings per share.

Bio-derived from plants Discover sustainable specialty engineered polymers from Avient.  See how our specially formulated colorants can help differentiate your brand

Biopolymers generally derive from renewable sources such as plants, corn, wheat, straw, and sugar cane. There is generally limited differentiation in aesthetic appeal when looking at a pre-colored biopolymer or one that is colored at the press. Learn how Avient services can assist in the product development process

Biopolymers generally derive from renewable sources such as plants, corn, wheat, straw, and sugar cane. There is generally limited differentiation in aesthetic appeal when looking at a pre-colored biopolymer or one that is colored at the press. Learn how Avient services can assist in the product development process

With HIFORMER, you are surrounded by service, technology and expertise from the design stage to the start of production and beyond. Learn how to use a ColorMatrix™ FlexCart™ Liquid Metering System to process Hiformer™ Liquid Additives for Polyolefins. See how our specially formulated colorants can help differentiate your brand