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NV5 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO COMPARABLE GAAP FINANCIAL MEASURES (UNAUDITED) (in thousands, except share data) | |||||||||||||||
| RECONCILIATION OF GAAP NET INCOME TO ADJUSTED EBITDA | |||||||||||||||
| Three Months Ended | Six Months Ended | ||||||||||||||
| June 29, 2024 | July 1, 2023 | June 29, 2024 | July 1, 2023 | ||||||||||||
| Net Income | $ | 7,907 | $ | 15,413 | $ | 8,315 | $ | 21,360 | |||||||
| Interest expense | 4,606 | 3,648 | 8,797 | 5,229 | |||||||||||
| Income tax (benefit) expense | (633 | ) | 1,377 | (522 | ) | 2,834 | |||||||||
| Depreciation and amortization | 17,592 | 14,905 | 33,635 | 27,205 | |||||||||||
| Stock-based compensation | 7,322 | 4,902 | 13,988 | 10,728 | |||||||||||
| Acquisition-related costs* | 1,704 | (5,294 | ) | 3,016 | (4,661 | ) | |||||||||
| Adjusted EBITDA | $ | 38,498 | $ | 34,951 | $ | 67,229 | $ | 62,695 | |||||||
