MGP Overview and Strategic Focus Areas
RECONCILIATION OF SELECTED GAAP TO NON-GAAP MEASURES
MGP
FOR THE QUARTERS ENDED SEPTEMBER 30, 2023 AND 2022
Quarter Ended September 30, 2023 (in thousands)
Operating
Income
Net
Income
Basic EPS
Diluted
EPS
Reported GAAP Results
$19,839
$13,088
$0.59
$0.58
Impairment of long-lived assets and other
18,334
13,750
0.62
0.61
Fair value of contingent consideration
4,200
3,150
0.14
0.14
Business acquisition costs
314
235
0.01
0.01
Adjusted Non-GAAP Results¹
$42,687 $30,223
$1.36
$1.34
40
Quarter Ended September 30, 2022 (in thousands)
Income
Operating Net
Income
Diluted
Basic EPS
EPS
Reported GAAP Results
$33,864
$23,628
$1.07
$1.06
No adjustments for the period
Adjusted Non-GAAP Results¹
$33,864
$23,628
$1.07
$1.06
Source: Company filings; unaudited
1 Non-GAAP figureView entire presentation