Investor Presentaiton
Reconciliation From Segment Income to GAAP
EBITDA and Non-GAAP EBITDA YTD Q3 2023
$ in thousands
Segment Income
Other expense (income), net
Depreciation and amortization
Skilled Services Standard Bearer
All Other
Eliminations
$348,169
$21,517
14,283
($128,106)
(23,222)
0
28,417
18,528
6,209
Less: Net income attributable to non-controlling interests
Segment GAAP EBITDA
319
376,586
54,328
(145,438)
Loss on real estate insurance recoveries
Consolidated GAAP EBITDA
Non-GAAP Adjustments
Consolidated
$241,580
(8,939)
53,154
319
285,476
(100)
285,376
Stock based compensation
14,740
Legal costs and adjustments
7,951
1,965
Gain on business interruption recoveries
(1,009)
Other Non-GAAP adjustments
1,597
Segment Non-GAAP EBITDA
390,317
54,328
(133,925)
Loss on real estate insurance recoveries
Consolidated Non-GAAP EBITDA
Internal Rent Expense
22,691
1,965
(1,009)
1,597
310,720
(100)
310,620
45,417
External Rent Expense
134,980
709
6,061
11,065
(51,478)
146,754
Total Non-GAAP Rent Expense
180,397
709
17,126
(51,478)
146,754
Consolidated Non-GAAP EBITDAR
570,714
55,037
$457,374
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