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ATTACHMENT 2 TENNER INC. RECONCILIATION OF NOAA MEASURES Debt net of cash / Adjusted EBITDA Quarter Ended March 31, 2006, Total debt$Cash and cash equivalents Debt net of cash balances(1)Adjusted
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Reconciliation of non-GAAP measures is the process of comparing and explaining the differences between the non-GAAP financial measures used by a company and the most directly comparable GAAP financial measures.
Publicly traded companies are required to file reconciliation of non-GAAP measures in their financial reports.
To fill out reconciliation of non-GAAP measures, companies need to provide a detailed explanation of the adjustments made to convert non-GAAP measures to GAAP measures.
The purpose of reconciliation of non-GAAP measures is to provide transparency and allow investors to better understand the financial performance of a company.
Companies must report the reconciliation of each non-GAAP measure to the most directly comparable GAAP measure, along with a detailed explanation of the adjustments.
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