|
NV5 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME TO EBITDA (in thousands) (Unaudited) | ||||||||||||||||
| Three Months Ended | Nine Months Ended | |||||||||||||||
|
September 28,
2019 |
September 29,
2018 |
September 28,
2019 |
September 29,
2018 | |||||||||||||
| Net Income | $ | 5,843 | $ | 7,285 | $ | 20,180 | $ | 19,197 | ||||||||
| Add: | Interest expense | 421 | 451 | 1,230 | 1,712 | |||||||||||
| Income tax expense | 1,560 | 2,238 | 3,422 | 4,716 | ||||||||||||
| Depreciation and Amortization | 6,551 | 4,057 | 18,908 | 11,660 | ||||||||||||
| EBITDA | $ | 14,375 | $ | 14,031 | $ | 43,740 | $ | 37,285 | ||||||||
|
NV5 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP EPS TO ADJUSTED EPS (Unaudited) | ||||||||||||||||
| Three Months Ended | Nine Months Ended | |||||||||||||||
|
September 28,
2019 |
September 29,
2018 | September 28, 2019 | September 29, 2018 | |||||||||||||
| Net Income - per diluted share | $ | 0.46 | $ | 0.62 | $ | 1.62 | $ | 1.71 | ||||||||
| Per diluted share adjustments: | ||||||||||||||||
| Add: | Amortization expense of intangible assets | 0.42 | 0.26 | 1.23 | 0.77 | |||||||||||
| Income tax expense | (0.10 | ) | (0.06 | ) | (0.29 | ) | (0.15 | ) | ||||||||
| Adjusted EPS | $ | 0.78 | $ | 0.82 | $ | 2.56 | $ | 2.33 | ||||||||
