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DigitalGlobe, Inc. Unaudited Reconciliation of GAAP Net Income to Adjusted EBITDA |
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| ($ in millions) |
Three months ended June 30, |
Six months ended June 30, | |||||||||||||||||||||
| 2009 | 2010 | 2009 | 2010 | ||||||||||||||||||||
| Net income | $ | 8.4 | $ | 0.5 | $ | 19.0 | $ | 2.0 | |||||||||||||||
| Depreciation and amortization | 18.9 | 31.0 | 37.6 | 60.1 | |||||||||||||||||||
| Interest (income) expense, net | (0.1 | ) | 10.7 | (0.1 | ) | 20.6 | |||||||||||||||||
| Loss from early extinguishment of debt | 7.7 | - | 7.7 | - | |||||||||||||||||||
| Loss on derivative instrument | - | - | 1.8 | - | |||||||||||||||||||
| Income tax expense | 5.6 | 0.5 | 12.7 | 2.2 | |||||||||||||||||||
| Non-cash stock compensation expense | 1.9 | 1.5 | 4.2 | 2.9 | |||||||||||||||||||
| Adjusted EBITDA | $ | 42.4 | $ | 44.2 | $ | 82.9 | $ | 87.8 | |||||||||||||||
DigitalGlobe Reports Second Quarter 2010 Results
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