|
ARC Document Solutions, Inc. Non-GAAP Measures Reconciliation of net income (loss) attributable to ARC Document Solutions, Inc. shareholders to EBITDA and Adjusted EBITDA (In thousands) (Unaudited) |
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|
Three Months Ended |
Twelve Months Ended |
|||||||||||
|
December 31, |
December 31, |
|||||||||||
|
2016 |
2015 |
2016 |
2015 |
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|
Net income (loss) attributable to ARC Document Solutions, Inc. shareholders |
$ |
2,624 |
$ |
3,061 |
$ |
(47,865) |
$ |
97,040 |
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|
Interest expense, net |
1,461 |
1,499 |
5,996 |
6,974 |
||||||||
|
Income tax provision (benefit) |
1,520 |
2,334 |
(4,364) |
(69,432) |
||||||||
|
Depreciation and amortization |
8,014 |
8,171 |
31,751 |
33,661 |
||||||||
|
EBITDA |
13,619 |
15,065 |
(14,482) |
68,243 |
||||||||
|
Loss on extinguishment of debt |
52 |
89 |
208 |
282 |
||||||||
|
Goodwill impairment |
— |
— |
73,920 |
— |
||||||||
|
Trade secret litigation costs |
— |
— |
— |
34 |
||||||||
|
Restructuring expense |
— |
— |
7 |
89 |
||||||||
|
Stock-based compensation |
620 |
773 |
2,693 |
3,512 |
||||||||
|
Adjusted EBITDA |
$ |
14,291 |
$ |
15,927 |
$ |
62,346 |
$ |
72,160 |
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