Investor Presentaiton
Non-GAAP Financial Information
e
x
Year Ended March 31,
$ in thousands, except per share information
TTM Ended September 30,
2023
2022
2021
2020
2019
2023
2022
Net earnings
Provision for income taxes
$
119,356 $
43,618
105,600
41,284
$
74,397 $
69,082
$
63,192
$
135,059 $
101,477
32,509
26,877
23,038
48,146
40,125
Depreciation and amortization [1]
13,709
14,646
13,951
14,156
11,824
17,353
13,645
Share based compensation
7,824
7,114
7,167
7,954
7,244
8,712
7,270
Acquisition and integration expense
271
1,676
1,813
Interest and financing costs [2]
2,897
928
521
294
3,299
1,379
Other (income) expense [3]
Adjusted EBITDA
Adjusted EBITDA margin
3,188
432
(571)
(680)
(6,696)
(3,138)
6,249
$
190,592
$
9.2%
170,004
9.3%
$
128,245
8.2%
$
119,359
$
7.5%
100,415
7.3%
$
209,431
9.2%
$
170,145
9.0%
GAAP: Earnings before tax
$
Share based compensation
162,974
7,824
$
146,884
7,114
$
Acquisition and integration expense
106,906
7,167
271
$
95,959
$
86,230
$
7,954
7,244
183,205
8,712
$
141,602
7,270
1,676
1,813
Acquisition related amortization expense [4]
9,411
10,072
9,116
9,217
7,423
12,226
9,392
Other (income) expense [3]
3,188
432
(571)
(680)
(6,696)
(3,138)
6,249
Non-GAAP: Earnings before taxes
183,397
164,502
122,889
114,126
96,014
201,005
164,513
GAAP: Provision for income taxes
43,618
41,284
32,509
26,877
23,038
48,146
40,125
Share based compensation
2,104
2,014
2,188
2,218
1,988
2,296
2,070
Acquisition and integration expense
78
490
522
Acquisition related amortization expense [4]
2,527
2,803
2,730
2,487
1,916
3,248
2,633
Other (income) expense [3]
950
120
(143)
Tax benefit on restricted stock
267
317
(40)
(200)
87
(1,702)
(878)
1,806
672
318
165
Non-GAAP: Provision for income taxes
49,466
46,538
37,322
31,959
26,434
53,130
46,799
Non-GAAP: Net earnings
$
133,931
$
117,964
$
85,567
$
82,167
$
69,580
$
147,875 $
117,714
GAAP: Net earnings per common share - diluted
$
4.48
$
3.93
$
2.77
$
2.57
$
2.33
$
5.06
$
3.80
Share based compensation
0.21
0.20
0.19
0.22
0.18
0.24
0.19
Acquisition and integration expense
0.01
0.04
0.04
Acquisition related amortization expense [4]
0.26
0.26
0.24
0.25
0.19
0.33
0.25
Other (income) expense [3]
Tax benefit on restricted stock
Total non-GAAP adjustments - net of tax
0.08
0.01
(0.02)
(0.02)
(0.16)
(0.08)
0.16
(0.01)
(0.01)
(0.02)
(0.01)
(0.01)
0.54
S
0.46
$
0.42
$
0.49
$
0.23
$
0.48
$
0.59
Non-GAAP: Net earnings per common share - diluted [5]
000
5.02
$
4.39
$
3.19
$
3.06
$
2.56
$
5.54 $
4.39
[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.
[5] Per share information has been retroactively adjusted to reflect the two-for-one stock split on December 13, 2021
© 2023 ePlus inc. Confidential and Proprietary.
000000
.
•
1000000
•View entire presentation