CoreLogic, Inc. |
||||||||||||||||||
Reconciliation of Adjusted EBITDA |
||||||||||||||||||
(Unaudited) |
||||||||||||||||||
|
For the Three Months Ended March 31, 2021 |
|||||||||||||||||
(in thousands) |
PIRM |
UWS |
CORP |
ELIM |
CoreLogic |
|||||||||||||
Net income/(loss) from continuing operations |
$ |
18,441 |
|
|
$ |
108,803 |
|
|
$ |
(72,301 |
) |
|
$ |
— |
|
$ |
54,943 |
|
Income taxes |
— |
|
|
— |
|
|
13,689 |
|
|
— |
|
13,689 |
|
|||||
Depreciation and amortization |
24,059 |
|
|
12,241 |
|
|
8,481 |
|
|
— |
|
44,781 |
|
|||||
Interest expense/(income), net |
410 |
|
|
(10 |
) |
|
15,903 |
|
|
— |
|
16,303 |
|
|||||
Share-based compensation |
1,740 |
|
|
1,806 |
|
|
6,088 |
|
|
— |
|
9,634 |
|
|||||
Non-operating (gains)/losses |
1,301 |
|
|
— |
|
|
1,346 |
|
|
— |
|
2,647 |
|
|||||
| Efficiency investments and other |
(679 |
) |
|
(3 |
) |
|
7,076 |
|
|
— |
|
6,394 |
|
|||||
| Transaction costs |
165 |
|
|
313 |
|
|
66 |
|
|
— |
|
544 |
|
|||||
| Unsolicited Proposal Related Costs |
— |
|
|
— |
|
|
11,420 |
|
|
— |
|
11,420 |
|
|||||
| Adjusted EBITDA |
$ |
45,437 |
|
|
$ |
123,150 |
|
|
$ |
(8,232 |
) |
|
$ |
— |
|
$ |
160,355 |
|
|
|
For the Three Months Ended March 31, 2020 |
|||||||||||||||||
| (in thousands) |
PIRM |
UWS |
CORP |
ELIM |
CoreLogic |
|||||||||||||
| Net income/(loss) from continuing operations |
$ |
15,267 |
|
|
$ |
67,530 |
|
|
$ |
(58,513 |
) |
|
$ |
— |
|
$ |
24,284 |
|
| Income taxes |
— |
|
|
— |
|
|
9,955 |
|
|
— |
|
9,955 |
|
|||||
| Depreciation and amortization |
23,136 |
|
|
12,035 |
|
|
8,407 |
|
|
— |
|
43,578 |
|
|||||
| Interest (income)/expense, net |
419 |
|
|
(10 |
) |
|
17,370 |
|
|
— |
|
17,779 |
|
|||||
| Share-based compensation |
1,543 |
|
|
882 |
|
|
5,536 |
|
|
— |
|
7,961 |
|
|||||
| Non-operating (gains)/losses |
685 |
|
|
— |
|
|
3,464 |
|
|
— |
|
4,149 |
|
|||||
| Efficiency investments and other |
484 |
|
|
488 |
|
|
3,980 |
|
|
— |
|
4,952 |
|
|||||
| Transaction costs |
1,348 |
|
|
237 |
|
|
889 |
|
|
— |
|
2,474 |
|
|||||
|
Amortization of acquired intangibles included in equity in
|
— |
|
|
|
— |
|
|
— |
|
— |
|
|||||||
| Adjusted EBITDA |
$ |
42,882 |
|
|
$ |
81,162 |
|
|
$ |
(8,912 |
) |
|
$ |
— |
|
$ |
115,132 |
|
