RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
TO COMPARABLE GAAP FINANCIAL MEASURES
(UNAUDITED)
(in thousands)
RECONCILIATION OF GAAP NET INCOME TO ADJUSTED EBITDA
| Three Months Ended | Nine Months Ended | |||||||||||||||
| October 1, 2022 | October 2, 2021 | October 1, 2022 | October 2, 2021 | |||||||||||||
| Net Income | $ | 16,063 | $ | 12,573 | $ | 41,973 | $ | 31,691 | ||||||||
| Add: | Interest expense | 1,003 | 1,475 | 2,804 | 5,362 | |||||||||||
| Income tax expense | 1,257 | 4,902 | 8,699 | 10,005 | ||||||||||||
| Depreciation and amortization | 11,033 | 11,461 | 33,091 | 33,397 | ||||||||||||
| Stock-based compensation | 5,634 | 4,297 | 15,249 | 12,087 | ||||||||||||
| Acquisition-related costs* | 1,043 | (23 | ) | 892 | 607 | |||||||||||
| Adjusted EBITDA | $ | 36,033 | $ | 34,685 | $ | 102,708 | $ | 93,149 | ||||||||
