Investor Presentaiton
Non-GAAP Financial Information
$ in thousands, except per share information
Three Months Ended September 30,
Six Months Ended September 30,
2023
2022
2023
2022
Net earnings
Provision for income taxes
Depreciation and amortization [1]
Share based compensation
Interest and financing costs [2]
Other (income) expense [3]
Adjusted EBITDA
Adjusted EBITDA margin
GAAP: Earnings before tax
Share based compensation
Acquisition related amortization expense [4]
Other (income) expense [3]
Non-GAAP: Earnings before taxes
$
32,664 $
12,316
28,469
11,772
$
66,511
$
50,808
24,991
20,463
5,630
3,568
10,422
6,778
2,414
1,958
4,619
3,731
661
671
1,211
809
(117)
3,866
(307)
6,019
$
53,568
$
50,304
$
107,447
$
88,608
9.1%
10.2%
9.2%
9.3%
$
es
44,980
$
40,241
$
91,502
$
71,271
2,414
1,958
4,619
3,731
4,023
2,494
7,492
4,677
(117)
3,866
(307)
6,019
51,300
48,559
103,306
85,698
GAAP: Provision for income taxes
12,316
11,772
24,991
20,463
Share based compensation
665
572
1,272
1,080
Other (income) expense [3]
Acquisition related amortization expense [4]
Tax benefit on restricted stock
1,106
720
2,058
1,337
(32)
1,128
(84)
1,744
79
(29)
216
165
Non-GAAP: Provision for income taxes
14,134
14,163
28,453
24,789
Non-GAAP: Net earnings
$
37,166
$
34,396
$
74,853
$
60,909
GAAP: Net earnings per common share - diluted
$
1.22
1.07
$
2.49
$
1.91
Share based compensation
Acquisition related amortization expense [4]
e
Other (income) expense [3]
Tax benefit on restricted stock
Total non-GAAP adjustments - net of tax
Non-GAAP: Net earnings per common share - diluted
[1] Amount excludes depreciation related to the financing segment.
[2] Amount excludes interest on notes payable from our financing segment.
[3] Other income, interest income, and foreign currency transaction gains and losses.
[4] Amount consists of amortization of intangible assets from acquired businesses.
0.07
0.05
0.13
0.09
0.11
0.07
0.20
0.13
0.10
0.16
(0.01)
(0.01)
0000
S
0.18
1.40
$
0.22
$
0.32
$
0.37
1.29
$
2.81
$
2.28
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