June 30, June 30,
2006 2006
2007 (As restated) 2007 (As restated)
Income (loss) from continuing
operations $(1,119) $2,294 $(1,276) $8,827
Add back:
Depreciation and amortization 3,013 2,896 12,132 11,118
Goodwill impairment 662 - 662 -
Interest expense on borrowings 5,166 5,482 21,543 21,763
Amortization of deferred
financing costs 566 575 2,191 2,367
Accretion of 12.75% Senior
Discount Notes 2,056 1,818 7,784 6,895
Interest income (104) (123) (517) (548)
Income tax (benefit) provision (1,555) 4,047 1,609 10,749
EBITDA from continuing
operations $8,685 $16,989 $44,128 $61,171
EBITDA from discontinued
operations (58) (1,740) 411 (7,872)
Total EBITDA $8,627 $15,249 $44,539 $53,299
The items listed below have
not been included as
adjustments in the above
calculation of EBITDA:
Stock based compensation (benefit)
expense - 5 (7) 28
(Gain) loss on sale of property
and equipment 61 (110) (614) (1,412)
Debt amendment fees - 218 214 718
Executive severance 473 - 1,606 -
Adjusted EBITDA from all
operations $9,161 $15,362 $45,738 $52,633
Increase (decrease):
Items added back to arrive at
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