Second Quarter 2017 Earnings Report
Reconciliation of Non-GAAP Measures
Business Solutions Segment
Revenues, as reported (GAAP)
Foreign currency translation impact (a)
Revenues, constant currency adjusted
Prior year revenues, as reported (GAAP)
Revenue change, as reported (GAAP)
2016
3Q16
4Q16
FY2016
1Q17
2017
YTD 2017
S
100.8
S
97.2
S
98.8
S
3.0
S
103.8
S
S
97.6
S
101.2
3.5
100.7 S
S
3.9
102.7
S
396.0
15.0
411.0 S
S
93.6 S
2.8
96.6
S
190.2
3.2
6.0
96.4 $
99.8
S
196.2
101.9 S
398.7 S
99.2
S
100.8
S
200.0
3%
(4)%
(3)%
(1)%
(6)%
(4)%
(5)%
6%
0%
1 %
3%
(3)%
(1)%
(2)%
Revenue change, constant currency adjusted
Operating income, as reported (GAAP)
S
5.2
S
3.9
S
9.6
S
21.1
S
2.3
S
5.3
S
7.6
Reversal of depreciation and amortization
13.1
13.2
11.9
50.8
10.6
10.6
21.2
EBITDA (f)
S
18.3
S
17.1
S
21.5
S
71.9
S
12.9
S
15.9
$
28.8
Operating income margin, as reported (GAAP)
5.2%
4.0 %
9.7 %
5.3%
2.5 %
5.5%
4.0 %
EBITDA margin
18.2%
17.5 %
21.8%
18.1 %
13.7 %
16.6%
15.2%
Other (primarily bill payments businesses in United States and Argentina)
Revenues, as reported (GAAP)
S
179.1 S
Foreign currency translation impact (a)
22.8
Revenues, constant currency adjusted
S
201.9 S
Prior year revenues, as reported (GAAP)
Revenue change, as reported (GAAP)
Revenue change, constant currency adjusted
S
184.5
S
181.7
23.2
204.9 S
185.1 S
S
180.4
21.6
202.0 S
186.9 S
S
722.3
89.9
S
193.8
S
195.0
$
388.8
3.2
5.0
8.2
812.2 S
197.0
S
200.0
S
397.0
741.1
S
181.1
S
179.1
S
360.2
(3)%
9%
(2)%
11%
(4)%
8%
(3)%
7%
9%
8%
10 %
9%
12%
10%
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