Investor Presentaiton
Reconciliation Of GAAP to Non-GAAP Income
$ in thousands
Net income attributable to The Ensign Group, Inc.
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023
2022
2023
2022
$63,863
$56,179
$187,708
$164,210
Non-GAAP adjustments
(29)
Stock-based compensation expense
7,237
5,898
22,691
16,681
(30)
Cost of services – gain on business interruptions recoveries and sale of assets
Cost of services - legal adjustments
Cost of services - acquisition related costs
(259)
(900)
(1,009)
(3,467)
859
(818)
4,212
(31)
150
245
722
416
(32)
Interest expense - write off deferred financing fees
(33)
566
Depreciation and amortization - patient base
(34)
135
86
182
213
General and administrative - legal costs
2,783
2,783
General and administrative - costs incurred related to new systems implementation
(35)
321
875
390
Provision for income taxes on Non-GAAP adjustments
(4,946)
(3,528)
(13,274)
(10,225)
Non-GAAP net income
$68,963
$59,160
$199,860
$172,996
Average number of shares outstanding
57,337
56,761
57,245
56,829
Diluted Earnings Per Share
$1.11
$0.99
$3.28
$2.89
Adjusted Diluted Earnings Per Share
$1.20
$1.04
$3.49
$3.04
39
Refer to pages 53-54 for end notes.View entire presentation