TO COMPARABLE NON-GAAP FINANCIAL MEASURES
(UNAUDITED)
(in thousands, except share data)
RECONCILIATION OF GAAP NET INCOME TO ADJUSTED EBITDA
| Three Months Ended | Twelve Months Ended | |||||||||||
| December 31, 2022 | January 1, 2022 | December 31, 2022 | January 1, 2022 | |||||||||
| Net Income | $ | 8,000 | $ | 15,455 | $ | 49,973 | $ | 47,147 | ||||
| Add: | Interest expense | 1,005 | 878 | 3,808 | 6,239 | |||||||
| Income tax expense | 3,702 | 4,953 | 12,401 | 14,958 | ||||||||
| Depreciation and amortization | 10,972 | 11,574 | 44,063 | 44,971 | ||||||||
| Stock-based compensation | 4,077 | 4,214 | 19,326 | 16,301 | ||||||||
| Acquisition-related costs* | 4,720 | 2,667 | 5,612 | 3,274 | ||||||||
| Adjusted EBITDA | $ | 32,476 | $ | 39,741 | $ | 135,183 | $ | 132,890 | ||||
