Investor Presentaiton
Reconciliation From Segment Income to GAAP
EBITDA and Non-GAAP EBITDA QTD Q4 2023
$ in thousands
Segment Income
Skilled Services Standard Bearer
All Other
Eliminations
Consolidated
$116,756
$7,548
($93,145)
$31,159
Other expense (income), net
5,478
(13,934)
(8,456)
Depreciation and amortization
10,349
6,677
2,207
19,233
Less: Net income attributable to non-controlling interests
132
132
Segment GAAP EBITDA
127,105
19,703
(105,004)
41,804
Gain on sale of assets from real estate
123
41,927
Consolidated GAAP EBITDA
Non-GAAP Adjustments
Stock based compensation
Litigation
5,164
4,600
2,912
8,076
54,216
58,816
Gain on sale of assets
(123)
(123)
Acquisition related costs
92
92
Other Non-GAAP adjustments
88
88
Segment Non-GAAP EBITDA
136,869
19,703
(47,819)
108,753
Gain on sale of assets from real estate
123
Consolidated Non-GAAP EBITDA
108,876
Internal Rent Expense
16,136
2,380
(18,516)
External Rent Expense
46,619
245
3,740
50,604
Total Non-GAAP Rent Expense
62,755
245
6,120
(18,516)
50,604
44
Consolidated Non-GAAP EBITDAR
199,624
19,948
$159,480View entire presentation