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(in thousands)
(unaudited)
Three Months Three Months
Ended Ended Year Ended
December 31, September 30, December 31,
2007 2006 2007 2007 2006
Net income (loss) $(14,830) $3,253 $(4,194) $(34,973) $26,158
Add back:
Interest expense,
net 36,913 29,547 34,414 137,496 117,088
Income tax
(benefit)
provision (7,869) 3,654 (4,760) (17,447) 18,926
Depreciation and
amortization 23,456 21,660 23,239 89,331 83,334
Amortization of
stock compensation 277 746 15 753 2,149
Minority interest
expense 1,743 660 539 3,619 2,388
Other expense 11,573 - 312 11,885 -
EBITDA 51,263 59,520 49,565 190,664 250,043
Plus:
Loss on
extinguishment
of debt - - - 12,917 -
Impairment and
restructuring
charges 6,771 - 960 15,126 -
Adjusted EBITDA 58,034(1) 59,520(1) 50,525(1) 218,707(1) 250,043(1)
Changes in assets
and liabilities 45,954 29,394 (14,787) 77,708 (97,934)
Deferred income
tax provision
(benefit) (699) 1,414 (10,017) (11,689) 4,422
Interest
expense, net (36,913) (29,547) (34,414) (137,496) (117,088)
Income tax
benefit
(provision) 7,869 (3,654) 4,760 17,447
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