The following table presents a reconciliation from the most directly comparable GAAP measure, net loss per share, to Adjusted EPS (in thousands, except per share amounts, unaudited):
|
Three Months Ended December 31, |
||||
|
2013 |
2012 |
|||
|
Net loss available to Textura Corporation common shareholders |
$ (6,667) |
$ (5,358) |
||
|
Accretion of redeemable Series A-1 preferred stock |
- |
165 |
||
|
Accretion of redeemable non-controlling interest |
70 |
76 |
||
|
Dividends on Series A-2 preferred stock |
- |
120 |
||
|
Net loss attributable to non-controlling interest |
(79) |
(1,046) |
||
|
Net loss |
(6,676) |
(6,043) |
||
|
Share-based compensation expense |
1,583 |
661 |
||
|
Amortization of intangible assets |
992 |
507 |
||
|
Acquisition-related expenses |
423 |
156 |
||
|
Acquisition-related tax benefit |
(1,086) |
- |
||
|
Adjusted net loss |
$ (4,764) |
$ (4,719) |
||
|
Weighted-average common shares used in basic and diluted EPS |
24,679 |
8,579 |
||
|
Adjusted EPS |
$ (0.19) |
$ (0.55) |
||
|
Net loss per share |
$ (0.27) |
$ (0.62) |
||
|
Accretion of redeemable Series A-1 preferred stock |
- |
0.02 |
||
|
Accretion of redeemable non-controlling interest |
- |
0.01 |
||
|
Dividends on Series A-2 preferred stock |
- |
0.01 |
||
|
Net loss attributable to non-controlling interest |
- |
(0.13) |
||
|
Share-based compensation expense |
0.06 |
0.08 |
||
|
Amortization of intangible assets |
0.04 |
0.06 |
||
|
Acquisition-related expenses |
0.02 |
0.02 |
||
|
Acquisition-related tax benefit |
(0.04) |
- |
||
|
Adjusted EPS |
$ (0.19) |
$ (0.55) |
||
