Exhibit 99.3
Reconciliation of non-GAAP measures used in the July 29, 2010 conference call:
Three months ended March 31, 2010 | Three months ended June 30, 2010 | |||||||
(in thousands, except per share figures) | ||||||||
Net Income Attributable to Diluted Common Shares, as reported | $ | 39,061 | $ | 54,147 | ||||
Adjustments: | ||||||||
Impairment charge to reduce the carrying value ofThe Performerto its fair value | 5,200 | — | ||||||
ROV operating income related to an insurance claim for a lost system | — | (3,500 | ) | |||||
Other income consisting of a termination fee earned as a stalking horse bidder in an asset auction | — | (2,100 | ) | |||||
Interest expense incurred to terminate an interest rate hedge | — | 2,900 | ||||||
Pre tax total of adjustments | 5,200 | (2,700 | ) | |||||
Income tax effect at incremental rate of 35% | (1,820 | ) | 945 | |||||
Total adjustments, after income taxes | 3,380 | (1,755 | ) | |||||
Net Income Attributable to Diluted Common Shares, as adjusted | $ | 42,441 | $ | 52,392 | ||||
Weighted Average Number of Diluted Common Shares | 55,224 | 55,185 | ||||||
Earnings per share, as adjusted | $ | 0.77 | $ | 0.95 | ||||
Earnings per share, as reported | $ | 0.71 | $ | 0.98 | ||||
Change as referenced in the conference call transcript | $ | (0.06 | ) | $ | 0.03 | |||