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Reconciliation of Net Income to Adjusted Net Income (in thousands). Three Months Ended. Six Months Ended. June 24, 2012. June 30, 2013. June 30, 2013. June 24, 2012. $ 11,752. $ 26,865. $ (989). Net Income:. $ 24,778.
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Reconciliation of Net Income to Adjusted Net Income (in thousands) Three Months Ended Six Months Ended June 24, 2012 June 30, 2013 June 30, 2013 June 24, 2012 $ 11,752 $ 26,865 $ (989) Net Income: $ 24,778 Add back certain items, net of tax: Loss (gain) on extinguishment of debt (1,045) 8,102 (3,847) - Severance charges 416 159 640 828 Accelerated depreciation on equipment 1,089 1,338 2,383 2,538 Other charges 4,339 646 5,562 1,207 (6,353) - (6,353) - Gain on sale of Miami property (114) (4,848) (39) (4,848) Reversal of interest on tax items (70) 1,090 Certain discrete tax items (6,981) (7,046) Adjusted net income $ 16,134 $ 10,396 $ 13,610 $ 11,059 Non-GAAP measures should not be considered a substitute for GAAP measures. However, adjusted income from continuing operations provides meaningful supplemental information about the company’s underlying results of operations, and management believes it assists investors and financial analysts in analyzing and forecasting future periods.