Investor Presentaiton
Reconciliation Of GAAP to Non-GAAP Financial Measures
$ in thousands
Net income
Less: net income (loss) attributable to noncontrolling interests
Add: Other (income) expense, net
Provision for income taxes
Depreciation and amortization
EBITDA
Adjustments to EBITDA:
Stock-based compensation expense
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023
$63,968
2022
2023
2022
$56,242
$188,027
$164,133
105
63
319
(77)
(2,253)
1,832
(8,939)
9,991
18,077
16,213
53,453
47,505
18,446
15,941
53,154
45,475
$98,133
$90,165
$285,376
$267,181
7,237
5,898
22,691
16,681
(34)
(36)
Legal costs and adjustments
2,783
859
1,965
4,212
Gain on business interruptions recoveries and sale of assets
(31)
(259)
(900)
(1,009)
(3,467)
Acquisition related costs
150
245
722
416
Costs incurred related to new systems implementation
321
875
390
Adjusted EBITDA
$108,044
$96,588
$310,620
$285,413
Rent-cost of services
50,357
38,907
Adjusted EBITDAR
Ensign Group | Investor Presentation
$158,401
146,754
$457,374
111,897
41
Refer to pages 53-54 for end notes.View entire presentation