ANI Pharmaceuticals, Inc. and Subsidiaries | ||||||
Table 6: Historical Adjusted non-GAAP EBITDA Calculation and US GAAP to Non-GAAP Reconciliation | ||||||
(unaudited, in thousands) | ||||||
Year Ended December 31, | ||||||
2015 |
2014 |
2013 | ||||
Net Income from Continuing Operations |
$15,375 |
$28,747 |
$ 106 | |||
Add back |
||||||
Interest expense, net |
11,008 |
787 |
467 | |||
Other (expense)/income, net |
(41) |
(160) |
305 | |||
Provision/(benefit) for income taxes |
6,358 |
(9,368) |
20 | |||
Depreciation and amortization |
6,900 |
3,878 |
1,110 | |||
Add back |
||||||
Stock-based compensation |
3,856 |
3,423 |
36 | |||
Merger-related expenses |
- |
- |
5,468 | |||
Adjusted non-GAAP EBITDA |
$43,456 |
$27,307 |
$7,512 |