Investor Presentaiton
Reconciliation of GAAP to Non-GAAP Financial Measures
Three Months Ended
December 31,
Year Ended
December 31,
$ in thousands
2023
2022
2023
2022
Net income
$21,823
$60,519
$209,850
$224,652
Less: net income (loss) attributable to noncontrolling interests
132
48
451
(29)
Add: Other (income) expense, net
Provision for income taxes
Depreciation and amortization
EBITDA
Adjustments to EBITDA:
(8,456)
(2,255)
(17,395)
7,736
9,459
16,932
62,912
64,437
19,233
16,880
72,387
62,355
$41,927
$92,028
$327,303
$359,209
Stock-based compensation expense
8,076
6,039
30,767
22,720
(30)
Litigation
58,816
68
60,781
4,280
Acquisition related costs
Gain on business interruptions recoveries and sale of assets
(31)
(123)
(913)
(1,132)
(4,380)
92
253
814
669
Costs incurred related to new systems implementation
88
682
Adjusted EBITDA
$108,876
$98,157
963
$419,496
1,072
$383,570
Rent-cost of services
50,604
41,152
Adjusted EBITDAR
Ensign Group | Investor Presentation
$159,480
197,358
$616,854
153,049
41
Refer to pages 53-54 for end notes.View entire presentation