NV5 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP FINANCIAL MEASURES
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 | |||||||||||||||
| January 2, 2021 | December 28, 2019 | January 2, 2021 | December 28, 2019 | |||||||||||||
| Net Income | $ | 4,574 | $ | 3,575 | $ | 21,018 | $ | 23,756 | ||||||||
| Add: | Interest expense | 3,260 | 1,045 | 15,181 | 2,275 | |||||||||||
| Income tax expense | 1,735 | 1,754 | 7,950 | 5,176 | ||||||||||||
| Deprecation and amortization | 10,808 | 6,908 | 45,488 | 25,816 | ||||||||||||
| Stock-based compensation | 4,055 | 3,441 | 14,955 | 10,430 | ||||||||||||
| Acquisition-related costs | 11 | 1,148 | 856 | 1,819 | ||||||||||||
| Adjusted EBITDA | $ | 24,443 | $ | 17,871 | $ | 105,448 | $ | 69,272 | ||||||||
