ALMOST FAMILY, INC. AND SUBSIDIARIES | ||||||||
RECONCILIATION OF EBITDA | ||||||||
(In thousands) | ||||||||
Three Months ended June 30, | Six Months ended June 30, | |||||||
2010 | 2009 | 2010 | 2009 | |||||
Net income from continuing operations | $ 8,341 | $ 6,049 | $ 15,813 | $ 11,642 | ||||
Add back: | ||||||||
Interest expense | 61 | 204 | 150 | 517 | ||||
Income tax expense | 5,618 | 3,866 | 10,651 | 7,528 | ||||
Depreciation and amortization | 698 | 578 | 1,366 | 1,152 | ||||
Amortization of stock-based compensation | 440 | 442 | 871 | 772 | ||||
Earnings before interest, income taxes, depreciation and amortization (EBITDA) from continuing operations | $ 15,158 | $ 11,139 | $ 28,851 | $ 21,611 | ||||