TO COMPARABLE GAAP FINANCIAL MEASURES
(UNAUDITED)
(in thousands)
RECONCILIATION OF GAAP NET INCOME TO ADJUSTED EBITDA
| Three Months Ended | Nine Months Ended | |||||||||||||||
|
September 30,
2023 | October 1, 2022 |
September 30,
2023 | October 1, 2022 | |||||||||||||
| Net Income | $ | 13,316 | $ | 16,063 | $ | 34,676 | $ | 41,973 | ||||||||
| Add: | Interest expense | 3,882 | 1,003 | 9,111 | 2,804 | |||||||||||
| Income tax (benefit) expense | (2,124 | ) | 1,257 | 710 | 8,699 | |||||||||||
| Depreciation and amortization | 15,293 | 11,033 | 42,498 | 33,091 | ||||||||||||
| Stock-based compensation | 5,777 | 5,634 | 16,504 | 15,249 | ||||||||||||
| Acquisition-related costs* | 1,702 | 1,043 | (2,959 | ) | 892 | |||||||||||
| Adjusted EBITDA | $ | 37,846 | $ | 36,033 | $ | 100,540 | $ | 102,708 | ||||||||
