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The number of shareholders of record of Briggs & Stratton Corporation Common Stock on June 30, 2019 was 2,190. 

(1) For the first quarter of fiscal 2019, results includes business optimization expenses of $19.9 million ($15.0 million after tax or $0.36 per diluted share), bad debt expense after a major retailer filed for bankruptcy protection of $4.1 million ($3.1 million after tax or $0.07 per diluted share), charges for a litigation settlement of $2.0 million ($1.5 million or $0.04 per diluted share), and acquisition integration charges of $0.1 million ($0.1 million of $0.00 per diluted share). 

(2) For the second quarter of fiscal 2019, results includes business optimization expenses of $10.7 million ($9.6 million after tax or $0.23 per diluted share), interest charges of $0.2 million ($0.2 million or $0.01 per diluted share) for premiums paid to repurchase senior notes, and acquisition integration charges of $0.2 million ($0.1 million of $0.01 per diluted share). 

(3) For the third quarter of fiscal 2019, results includes business optimization expenses of $9.6 million ($6.4 million after tax or $0.14 per diluted share) and acquisition integration charges of $0.3 million ($0.2 million of $0.01 per diluted share). 

(4) For the fourth quarter of fiscal 2019, results includes business optimization expenses of $4.7 million ($3.2 million after tax or $0.08 per diluted share), pension settlement charge of $0.5 ($0.3 million or $0.02 per diluted share) and acquisition integration charges of $0.2 million ($0.1 million of $0.01 per diluted share). Amounts may not total due to rounding. 

(5) 

(6) On August 15, 2019, the first quarter fiscal 2020 dividend of $0.05 per share was announced, which is reduced compared to $0.14 per share paid in the past several quarters. 

