| (1) | Consolidated results include the impact of changes in the liability for contingent consideration as follows: a $2.8 million increase in the fourth quarter of 2018, a $3.1 million increase in the third quarter of 2018 and a $7.5 million increase in the fourth quarter of 2017. | ||||
| (2) | Consolidated results include $55,000 of acquisition-related expenses for Ambrell Corporation incurred during the fourth quarter of 2017. | ||||
| (3) | Reconciliation of GAAP measures to such non-GAAP measures accompanies this earnings release. |
2018 Year-End Summary
| ($ in Millions, except per share amounts) | Years Ended | |||||
| 12/31/2018 | 12/31/2017 | |||||
| Total Bookings | $ | 78.2 | $ | 69.0 | ||
| Total Bookings excluding Ambrell | $ | 51.9 | $ | 54.1 | ||
| Non-Semi Bookings - $ | $ | 32.3 | $ | 29.8 | ||
| Non-Semi Bookings - % of Total Bookings | 41% | 43% | ||||
| Net Revenues | $ | 78.6 | $ | 66.8 | ||
| Net Revenues excluding Ambrell | $ | 52.1 | $ | 53.2 | ||
| Non-Semi Net Revenues - $ | $ | 33.2 | $ | 29.0 | ||
| Non-Semi Net Revenues - % of Total Net Revenues | 42% | 44% | ||||
| Gross Margin - $ | $ | 39.4 | $ | 34.7 | ||
| Gross Margin - % | 50% | 52% | ||||
| Net Earnings (GAAP) (4)(5)(6) | $ | 3.0 | $ | 1.0 | ||
| Net Earnings per diluted share (GAAP) (4)(5)(6) | $ | 0.29 | $ | 0.09 | ||
| Adjusted Net Earnings (Non-GAAP) (5)(6)(7) | $ | 11.0 | $ | 9.1 | ||
| Adjusted Net Earnings per diluted share (Non-GAAP) (5)(6)(7) | $ | 1.06 | $ | 0.88 | ||
| Adjusted EBITDA (Non-GAAP) (6)(7) | $ | 13.8 | $ | 12.6 | ||
