21,80121,441Stockholders' Equity:Landauer, Inc. stockholders' equity
993913Total stockholders' equity
85,34779,703TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$ 157,075$ 150,696Reconciliation of Net Income toEarnings before Interest, Taxes, Depreciation and Amortization(unaudited, amounts in thousands)Three Months Ended
Six Months EndedMarch 31,
2010Net income attributed to Landauer, Inc.
$ 12,938Add back:Interest and other (income) expense
7,015Depreciation and amortization
3,063Earnings before interest, taxes, depreciationand amortization
$ 22,963Use of Non-GAAP Financial MeasuresIn evaluating the Company's financial performance and outlook, management uses EBITDA. EBITDA is a non-GAAP measure. Management believes that such measure supplements evaluations using operating income, net income, and diluted earnings per share and other GAAP measures, and is a useful indicator for investors. This indicator can help readers gain a meaningful understanding of our core operating results and future prospects without the effect of non-cash items and the Company's ability to generate cash flows from operations that are available for taxes, capital expenditures, and debt repayment. Investors should recognize that these non-GAAP measures might not be comparable to similarly titled measures of other companies. These measures should be considered in addition to, and not as a substitute for or superior to, any measure of performance, cash flows or liquidity prepared in accordance with accounting princi
|SOURCE Landauer, Inc.|
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