| Three Months Three Months Three Months Ended Ended Ended March 31, December 31, March 31, 2012 2012 2013 Net income (loss) 7,263 $ (9) $ (236,415) $ Interest expense and other, net 15,758 15,157 14,556 Income tax provision (benefit) 3,174 (1,842) (32,119) Depreciation and amortization 45,254 46,405 43,400 Impairment of goodwill - - 256,700 Stock-based compensation expense 2,672 2,259 3,969 Restructuring, acquisition and integration-related costs 3,521 4,508 11,401 Purchases of property and equipment (31,775) (66,631) (42,454) Unlevered Free Cash Flow 45,867 $ (153) $ 19,038 $ EARTHLINK, INC. Reconciliation of Net Income (Loss) to Unlevered Free Cash Flow (in thousands) Additional Non GAAP Reconciliations Three Months Three Months Three Months Ended Ended Ended March 31, December 31, March 31, 2012 2012 2013 Net cash provided by operating activities 66,211 $ 12,527 $ 31,844 $ Income tax provision (benefit) 3,174 (1,842) (32,119) Non-cash income taxes (1,244) (878) 32,248 Interest expense and other, net 15,758 15,157 14,556 Amortization of debt discount, premium and issuance costs 494 475 414 Restructuring, acquisition and integration-related costs 3,521 4,508 11,401 Changes in operating assets and liabilities (9,989) 36,070 2,763 Purchases of property and equipment (31,775) (66,631) (42,454) Other, net (283) 461 385 Unlevered Free Cash Flow 45,867 $ (153) $ 19,038 $ Net cash provided by (used in) investing activities 35,224 (65,110) 24,363 Net cash used in financing activities (10,957) (51,589) (13,362) EARTHLINK, INC. Reconciliation of Net Cash Flows from Operating Activities to Unlevered Free Cash Flow (in thousands) |