Investor Presentaiton
QUARTERLY BUSINESS UPDATE
FINANCIAL HIGHLIGHTS
APPENDIX
Reconciliation of Non-GAAP Measures
ADJUSTED NET INCOME AND ADJUSTED DILUTED EARNINGS PER SHARE (EPS)
($thousands)
Net income
Adjustments:
Loss on impairment of affiliate
(Gain) on sale of affiliate
(Gain) on sale of assets
Operational restructuring costs
Due diligence & transition costs
Extraordinary termination fees from franchisee
Exceptional allowances attributable to COVID-19
Expenses associated with legal claims
Net reimbursable revenues from franchise and managed properties
Adjusted Net Income
Diluted Earnings Per Share
Adjustments:
Loss on impairment of affiliate
(Gain) on sale of affiliate
(Gain) on sale of assets
Operational restructuring costs
Due diligence & transition costs
Extraordinary termination fees from franchisee
Exceptional allowances attributable to COVID-19
Expenses associated with legal claims
Net reimbursable revenues from franchise and managed properties
Adjusted Diluted Earnings Per Share (EPS)
*Figures are calculated using guidelines from the ASC 606 Revenue Recognition Standard.
Q3 2022*
103,079
Q3 2021*
116,653
(10,087)
(3,276)
4,084
14,700
(17,076)
757
+A
(7,238)
87,462
1.85
+A
2,295
(31,286)
85,143
2.08
(0.18)
0.06
0.07
0.26
(0.31)
0.01
0.04
(0.13)
(0.56)
$
1.56
1.51
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