|
ARC Document Solutions, Inc.
Non-GAAP Measures Reconciliation of net income (loss) attributable to ARC to unaudited adjusted net income attributable to ARC (In thousands, except per share data) (Unaudited) |
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|
Three Months Ended |
Twelve Months Ended |
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|
December 31, |
December 31, |
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|
2016 |
2015 |
2016 |
2015 |
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|
Net income (loss) attributable to ARC Document Solutions, Inc. shareholders |
$ |
2,624 |
$ |
3,061 |
$ |
(47,865) |
$ |
97,040 |
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|
Loss on extinguishment of debt |
52 |
89 |
208 |
282 |
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|
Goodwill impairment |
— |
— |
73,920 |
— |
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|
Restructuring expense |
— |
— |
7 |
89 |
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|
Trade secret litigation costs |
— |
— |
— |
34 |
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|
Income tax benefit related to above items |
(24) |
(33) |
(13,419) |
(158) |
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|
Deferred tax valuation allowance and other discrete tax items |
(94) |
41 |
247 |
(80,513) |
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Unaudited adjusted net income attributable to ARC Document Solutions, Inc. |
$ |
2,558 |
$ |
3,158 |
$ |
13,098 |
$ |
16,774 |
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Actual: |
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Earnings (loss) per share attributable to ARC Document Solutions, Inc. shareholders: |
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|
Basic |
$ |
0.06 |
$ |
0.07 |
$ |
(1.04) |
$ |
2.08 |
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|
Diluted |
$ |
0.06 |
$ |
0.06 |
$ |
(1.04) |
$ |
2.04 |
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Weighted average common shares outstanding: |
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|
Basic |
45,567 |
46,722 |
45,932 |
46,631 |
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|
Diluted |
46,274 |
47,400 |
45,932 |
47,532 |
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|
Adjusted: |
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|
Earnings per share attributable to ARC Document Solutions, Inc. shareholders: |
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|
Basic |
$ |
0.06 |
$ |
0.07 |
$ |
0.29 |
$ |
0.36 |
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|
Diluted |
$ |
0.06 |
$ |
0.07 |
$ |
0.28 |
$ |
0.35 |
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Weighted average common shares outstanding: |
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|
Basic |
45,567 |
46,722 |
45,932 |
46,631 |
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|
Diluted |
46,274 |
47,400 |
46,561 |
47,532 |
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