View - CTS Corp.

CTS Corporation
ADJUSTED EBITDA QUARTER-TO-DATE
($ in millions)
2013
Q2
Q3
Net earnings / (loss)
$
Depreciation and amortization expense
Interest expense
Tax expense / (benefit)
EBITDA
Charges (credits) to reported EBITDA:
Restructuring, restructuring-related, and asset impairment charges
Additional legal costs
Additional CEO search, legal costs and acquisition*
Transaction Costs
Gain on sale-leaseback
Goodwill impairment
Total adjustments to reported EBITDA
Adjusted EBITDA
Total Sales
Adjusted EBITDA as a percentage of total sales
$
2012
Q1
6.8
$ (11.3) $
3.6
5.3
0.8
3.6
5.5
1.1
12.1
5.9
0.9
(0.8)
16.6
1.1
0.8
0.6
-
$
7.3
8.1
0.8
-
$
9.6
0.8
0.7
-
Q4
$
8.8
Q3
$
5.0
0.8
3.9
$
18.5
3.8
2.7
(10.3)
-
5.9
$
4.9
0.6
1.5
$
12.9
0.9
0.3
-
2011
Q2
3.3
Q1
$
4.9
0.6
1.2
$
10.0
2.3
Q4
$
5.9
4.8
0.7
0.0
$
7.7
3.8
-
-
Q3
$
4.4
0.6
1.4
$
12.1
2.4
-
$
4.4
0.5
1.6
$
12.5
-
$
4.4
0.5
0.9
$
9.9
0.7
0.3
-
$
4.4
0.5
1.5
$
11.5
-
$
10.4
1.5
(3.8)
1.2
3.8
14.7
14.1
13.8
7.7
14.6
12.5
10.9
11.5
12.1
$ 159.6
$ 151.6
$ 149.5
$ 138.3
$ 137.4
$ 154.3
$ 147.0
$ 144.0
$ 146.1
$ 146.9
$ 151.5
$ 145.0
9.0%
5.3%
10.1%
Note:
*The 2012 quarterly expenses do not add to the full year or nine months amounts because the expenses in Q1 and Q2 were not material and therefore, not discussed.
8.5%
7.4%
7.6%
$
$
$
13.9
$
13.9
$ 139.4
9.9%
$
12.0
$
-
$
5.9
Q1
4.5
0.2
1.4
-
1.7
8.3%
6.9
2009
Q2
4.3
0.3
2.4
1.7
-
11.1
10.3%
Q3
4.3
0.4
0.9
8.9
10.6%
-
4.8
16.2
7.4%
1.0
5.1
Q4
2.4
10.7%
-
4.1
Q1
19.0
11.9%
2.4
5.9
2010
Q2
12.0
$ 138.9
8.6%
4.1
$
4.5
4.6
0.2
3.8
4.4
0.3
1.2
10.3
$ 12.7
$ 10.4
$
$
Q3
4.4
0.2
1.3
-
$
4.4
Q4
-
Q2
$
$
-
5.2
0.5
9.7
5.3
0.9
(1.0)
8.4
$ (30.4)
-
-
$ 12.7
$ 10.4
$
$ 129.4
$ 133.9
$ 126.6
$ 120.4
9.5%
8.2%
2.2
33.2
-
10.3
8.0%
Q1
(7.0) $ (35.6)
8.4
7.0%
35.4
$
5.0
$ 118.1
4.2%