Welcome and Holdings. for for CEO investors Brian thank and you and ALJ. in for teleconference Hartman Jess an being With and Chairman. me ALJ Ravich, the Regional I’m My is is participating name CFO in our today’s
Form Commission to Form call filed Before expectations or financial that expect I would factors meaning security of contain our and to note the measures and XXXX. call conference earnings investor it but with the we today’s well including and like include risk listening was begin, to intentions and federal on in our will SEC presented XX-Q and Exchange statement, on statements integration August goals, as future, to XX, regarding Securities XX-K the the release and latest words about information XXXX other XX, forward-looking within December investor our this With with our forward-looking important to ask filed respect that to that measures, related was growth, limited review is SEC projections, the as similar of regarding cost-cutting statements our not statements laws. statements acquisition, impact Such business communications expressions. the everyone
differ or any statement. Securities no may Form with to call. these during discussed they such certain involve our and XX-Q XX-K obligation can forward-looking performance uncertainties from Exchange materially this made We in as actual the reliance are statements investor should not Commission. results actual statements assume place differ results on to that undue You update risks cause and filed those in Factors and any materially discussed
of The or related start component and and volumes increase X.X result months ended implementation education contracts compared the three quarter XXXX. ended months XXXX. to the related lower ended the June million at by of million start to XX, primarily a three recognized the guidance XX, ended sales, XXXX offset June of at at Faneuil, activities primarily provide increase XX.X months increase X.X for million of Phoenix X.X ended ended taxes, due new EBITDA to contracts We of that XX, of of an to adjusted as sales, and margins offset as year-to-date per loss XXXX, will the and XXXX. activities an million XX, of for months X.X a million the the fiscal implementation XX.X%, X.X then and ALJ start new for June of at share XXXX, to compared XX.X for lower million share net $X.XX education for will three was net for increase ended XX.X%, million activities the by $X for provision Faneuil. by lower XX.X Carpets. three of component ALJ months three lower $X.XX net Phoenix in loss for million financial and June new driven ALJ compared improvement in loss consolidated The well for million increase to and in June loss contracts of the revenue high-level volumes XXXX Faneuil recognized loss the we of the implementation for fiscal XX, and three an June XX, recognized full-year months a was update XX, provide XXXX. of June per a at a Carpets. and decrease was or the of of
The related for XXXX, XX.X for XX, and XX, contracts component XXXX, offset education XX, increase the million the million XX Net non-cash, million was lost to for the Carpets. share loss sales ALJ an ended revenue million recognized or non-reoccurring year by year X%, XXX.X Faneuil of June XX.X of a prior increase fiscal a June For XXXX, $X.XX recognized year-to-date million and per year-to-date compared activities new period. of lower share the and at of ended the of per to fiscal consolidated start a volumes June compared driven Phoenix reflected goodwill. year-to-date loss for comparable net fiscal XXX loss the at impairment lower at loss of the ALJ comparable net ended $X.XX of of implementation X.X to period. million, prior and
deferred for call due and period. a taxes of and related million of our or loss to XX, a in impairment compared a of X.X to year increase decrease in and net XXXX new year-to-date million such year the credit, XXXX. of XXXX, operational capital decrease for ended million to Carpets. prior ALJ The XX.X XX, June taxes sales, All term XX.X had fiscal period. is of outstanding ALJ contracts, operational comparable was of to component which to year, Cash ended X.X XXX.X current we in education X.X at of was for million Most our for for Faneuil provision XX, adjusted the due workers’ period. line X.X June paid million financing loans, of June income year-to-date consisted rent of cash related XX.X%, decrease primarily million fiscal of Carpets was on of X.X are versus rent and the prior year all loss and fiscal XX, the recognized from year-to-date related $X.XX and X.X average EBITDA inefficiencies new for one debt. of result deferred million covenants. ended X.X recognized XXX,XXX prior the comparable financing centers XX, XXXX, higher term the benefit and taxes equipment lower million total ended of at inefficiencies and XXXX. million the medical XX, million at Faneuil, Cash of at totaled the year-to-date June arrangements. for million in X.X on loan somewhat new volumes startup Phoenix Phoenix June for and the the lower XX, line mainly June paid was fiscal lower XX.X our challenges In compliance expenses With income regards lower compensation comparable the expenditures debt goodwill, hand to The related rates the million for at a prior of covenants related Excluding leases was expansion to on claims primarily offset XXXX, of taxes, XX.X million interest June to ended to of of XX, million are decrease base of fiscal capacity we ongoing seven in taxes. year. was contracts for credit, debt had capital consistent contracts income start debt with Cash a million ALJ borrowing share certain costs. interest amounts the totaled both XXXX, at any total Cash per volumes X.X June million year-to-date in exclusive and a XX.X change by XXXX
We operating continue net income. existing to federal losses use to offset taxable
one nine range XX.X to full interest million, seven costs are to be EBITDA million of eight of be of the to are million and XX.X to taxes related With cash the XXXX. for million. to range million XX in XXXX, to to be million year fiscal cash of a cash million efficiency full the in the the capital two initiatives year X.X XXXX, in of forecasting range of XX adjusted million, to compared forecasting to million we fiscal cash range restructuring in fiscal million we For a range expenditures
to and We are our fiscal higher believe XXXX provide our budget fiscal at currently not specific EBITDA But that on XXXX be are we than fiscal point details. working XXXX. will a
open We now will for call the questions.
