(In thousands, except per share and percentage data)
(Unaudited)
Reconciliation of Net Earnings to Adjusted Net Earnings (Non-GAAP) and
Earnings Per Share – Diluted to Adjusted Earnings Per Share – Diluted (Non-GAAP):
Three Months Ended |
|||||||||||
12/31/2023 |
|
12/31/2022 |
|
9/30/2023 |
|||||||
|
|
||||||||||
Net earnings |
$ |
1,455 |
|
$ |
3,244 |
|
$ |
2,277 |
|
||
Acquired intangible amortization |
|
513 |
|
|
552 |
|
|
515 |
|
||
Tax adjustments |
|
(58 |
) |
|
(89 |
) |
|
(85 |
) |
||
Adjusted net earnings (Non-GAAP) |
$ |
1,910 |
|
$ |
3,707 |
|
$ |
2,707 |
|
||
Diluted weighted average shares outstanding |
|
12,122 |
|
|
10,928 |
|
|
12,212 |
|
||
Earnings per share – diluted: |
|||||||||||
Net earnings |
$ |
0.12 |
|
$ |
0.30 |
|
$ |
0.19 |
|
||
Acquired intangible amortization |
|
0.04 |
|
|
0.05 |
|
|
0.04 |
|
||
| Tax adjustments |
─ |
|
(0.01 |
) |
|
(0.01 |
) |
||||
| Adjusted earnings per share – diluted (Non-GAAP) |
$ |
0.16 |
|
$ |
0.34 |
|
$ |
0.22 |
|
||
|
|
Years Ended |
|
||||||
| 12/31/2023 |
|
12/31/2022 |
|
|||||
|
|
|
|||||||
| Net earnings |
$ |
9,342 |
|
$ |
8,461 |
|
||
| Acquired intangible amortization |
|
2,095 |
|
|
2,694 |
|
||
| Tax adjustments |
|
(324 |
) |
|
(447 |
) |
||
| Adjusted net earnings (Non-GAAP) |
$ |
11,113 |
|
$ |
10,708 |
|
||
| Diluted weighted average shares outstanding |
|
11,780 |
|
|
10,863 |
|
||
| Earnings per share – diluted: |
||||||||
| Net earnings |
$ |
0.79 |
|
$ |
0.78 |
|
||
| Acquired intangible amortization |
|
0.18 |
|
|
0.25 |
|
||
| Tax adjustments |
|
(0.03 |
) |
|
(0.04 |
) |
||
| Adjusted earnings per share – diluted (Non-GAAP) |
$ |
0.94 |
|
$ |
0.99 |
|
||
