Reconciliation of Operating Income and Net Income to Adjusted EBITDA - 19 - ($ in thousands) Adjusted EBITDA and Adjusted Segment EBITDA are not defined in the same manner by all companies and may not be comparable to other similarly titled measures of other companies. These non-GAAP measures should be considered in addition to, but not as a substitute for or superior to, the information contained in our Condensed Consolidated Statements of Comprehensive Income (Loss). Corporate Finance / Restructuring Forensic and Litigation Consulting Economic Consulting Technology Strategic Communications Corp HQ Total Six Months Ended June 30, 2012 Net income 26,178 $ Interest income and other (2,919) Interest expense 30,399 Income tax provision 14,121 Operating income 40,230 $ 19,532 $ 33,871 $ 12,958 $ 1,287 $ (40,099) $ 67,779 Depreciation and amortization 1,723 1,923 1,429 6,164 1,369 2,400 15,008 Amortization of other intangible assets 2,905 997 797 3,976 2,332 - 11,007 Special charges 11,116 7,253 818 2,966 4,511 118 26,782 Adjusted EBITDA (1) 55,974 29,705 36,915 26,064 9,499 (37,581) 120,576 Six Months Ended June 30, 2011 Net income 34,583 $ Interest income and other (4,923) Interest expense 29,810 Income tax provision 18,351 Operating income 17,629 $ 30,186 $ 28,096 $ 29,364 $ 7,955 $ (35,409) $ 77,821 Depreciation and amortization 1,770 1,712 1,203 5,425 1,504 2,475 14,089 Amortization of other intangible assets 2,838 1,187 593 3,954 2,380 - 10,952 Special charges 9,440 839 2,093 - - 2,840 15,212 Adjusted EBITDA (1) 31,677 33,924 31,985 38,743 11,839 (30,094) 118,074 (1) We define Adjusted EBITDA as net income before income tax provision, other income (expense), depreciation, amortization of intangible assets and special charges. Amounts presented in the Adjusted EBITDA column for each segment reflect the segments' respective Adjusted Segment EBITDA. We define Adjusted Segment EBITDA as the segments' share of consolidated operating income before depreciation, amortization of intangible assets and special charges. Although Adjusted EBITDA and Adjusted Segment EBITDA are not measures of financial condition or performance determined in accordance with generally accepted accounting principles ("GAAP"), we believe that these measures can be a useful operating performance measure for evaluating our results of operations as compared from period to period and as compared to our competitors. We use Adjusted EBITDA and Adjusted Segment EBITDA to evaluate and compare the operating performance of our segments. |