TO COMPARABLE GAAP FINANCIAL MEASURES
(UNAUDITED)
(in thousands)
RECONCILIATION OF GAAP NET INCOME TO ADJUSTED EBITDA
| Three Months Ended | ||||||||
| April 2, 2022 | April 3, 2021 | |||||||
| Net Income | $ | 8,642 | $ | 5,480 | ||||
| Add: | Interest expense | 914 | 2,318 | |||||
| Income tax expense | 2,998 | 1,757 | ||||||
| Depreciation and amortization | 11,167 | 10,542 | ||||||
| Stock-based compensation | 4,789 | 3,696 | ||||||
| Acquisition-related costs | 355 | 449 | ||||||
| Adjusted EBITDA | $ | 28,865 | $ | 24,242 | ||||
RECONCILIATION OF GAAP EPS TO ADJUSTED EPS
| Three Months Ended | ||||||||
| April 2, 2022 | April 3, 2021 | |||||||
| Net Income - per diluted share | $ | 0.57 | $ | 0.41 | ||||
| Per diluted share adjustments: | ||||||||
| Add: | Amortization expense of intangible assets and acquisition-related costs | 0.57 | 0.63 | |||||
| Income tax expense | (0.15 | ) | (0.16 | ) | ||||
| Adjusted EPS | $ | 0.99 | $ | 0.88 | ||||
