| Supplementary Information: | ||||||||||||||||||||
| Reconciliation of Adjusted EBITDA | ||||||||||||||||||||
| Three months ended | Six months ended | |||||||||||||||||||
|
July 1,
2018 |
April 1,
2018 |
July 2,
2017 |
July 1,
2018 |
July 2,
2017 | ||||||||||||||||
| Net earnings (loss) | $ | (97 | ) | 8 | $ | (6,013 | ) | $ | (89 | ) | $ | (6,390 | ) | |||||||
| Add (deduct): | ||||||||||||||||||||
| Depreciation | 769 | 774 | 971 | 1,543 | 1,950 | |||||||||||||||
| Interest | 403 | 307 | 217 | 710 | 396 | |||||||||||||||
| Income tax expense | 234 | 26 | 154 | 260 | 147 | |||||||||||||||
| EBITDA | $ | 1,309 | $ | 1,115 | $ | (4,671 | ) | $ | 2,424 | $ | (3,897 | ) | ||||||||
| Stock compensation expense (reversal) | 77 | 126 | (7 | ) | 203 | 196 | ||||||||||||||
| Restructuring charges | 96 | - | 1,351 | 96 | 1,351 | |||||||||||||||
| Unrealized foreign exchange loss (gain) | ||||||||||||||||||||
| on unsettled forward exchange contracts | 89 | (319 | ) | (284 | ) | (230 | ) | (1,556 | ) | |||||||||||
| Adjusted EBITDA | $ | 1,571 | $ | 922 | $ | (3,611 | ) | $ | 2,493 | $ | (3,906 | ) | ||||||||
SMTC Corporation Reports Strong Second Quarter Growth
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