Minority interest in WHC 130,231 131,353
Stockholders' equity 1,079,917 599,777
Total Liabilities and Stockholders'
Equity $2,141,875 $1,651,397
Explanation of Non-GAAP Financial Measures
The accompanying HLTH Corporation press release and financial tables include both financial measures in accordance with U.S. generally accepted accounting principles, or GAAP, as well as non-GAAP financial measures. The non-GAAP financial measures represent earnings before interest, taxes, non- cash and other items (which we refer to as "Adjusted EBITDA") and related per share amounts. Adjusted EBITDA should be viewed as supplemental to, and not as an alternative for, "income from continuing operations" calculated in accordance with GAAP. The tables attached to the accompanying press release include reconciliations of non-GAAP financial measures to GAAP financial measures.
Adjusted EBITDA is used by HLTH's management as an additional measure
of HLTH's overall performance and its reporting segments' performance for
purposes of business decision-making, including developing budgets,
managing expenditures, and evaluating potential acquisitions or
divestitures. Period- to-period comparisons of Adjusted EBITDA help HLTH's
management identify additional trends in HLTH's and its reporting segments'
financial results that may not be shown solely by period-to-period
comparisons of income from continuing operations. In addition, HLTH uses
Adjusted EBITDA in the incentive compensation programs applicable to many
of its employees in order to evaluate HLTH's performance. HLTH management
recognizes that Adjusted EBITDA has inherent limitations because of the
excluded items, particularly those items that
|SOURCE HLTH Corporation|
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