Omnicell Investor Presentation Deck
© 2023 Omnicell, Inc.
Omnicell, Inc.
Reconciliation of GAAP to Non-GAAP
(Unaudited, in thousands, except per share data and percentage)
Reconciliation of GAAP net income (loss) per share - diluted to non-GAAP net income per share - diluted:
Shares diluted GAAP
Shares diluted non-GAAP (c)
GAAP net income (loss) per share - diluted
Share-based compensation expense
Amortization of acquired intangibles
Acquisition accounting impact related to deferred revenues
Acquisition-related expenses
Impairment and abandonment of operating lease right-of-use and other assets related to facilities
Severance-related expenses
Amortization of debt issuance costs
Non-GAAP dilutive shares impact from convertible note hedge transaction
Tax effect of the adjustments above (b)
Non-GAAP net income per share - diluted
Reconciliation of GAAP net income (loss) to non-GAAP EBITDA):
GAAP net income (loss)
Share-based compensation expense
Interest (income) and expense, net
Depreciation and amortization expense
Acquisition accounting impact related to deferred revenues
(c)
Acquisition-related expenses
Impairment and abandonment of operating lease right-of-use and other assets related to facilities (2)
Severance-related expenses
Amortization of debt issuance costs
Benefit from income taxes
Non-GAAP EBITDA
Non-GAAP EBITDA margin (non-GAAP EBITDA as a % of total non-GAAP revenues)
$
$
$
Three Months Ended March 31,
2023
2022
44,887
45,120
9.2%
(0.33)
0.31
0.18
0.01
0.19
0.12
0.02
(0.11)
0.39
(15,000) $
14,042
(3,074)
21,974
$
246
8,420
5,314
1,045
(6,182)
26,785
$
(a) For the three months ended March 31, 2023, impairment charges of other assets were approximately $0.6 million related to property and equipment in
connection with restructuring activities for optimization of certain leased facilities.
15.8%
(b) Tax effects calculated for all adjustments except share-based compensation expense, using an estimated annual effective tax rate of 21% for both fiscal
years 2023 and 2022.
(c) For the three months ended March 31, 2022, non-GAAP diluted shares excluded approximately 1.9 million shares related to the impact of dilutive
convertible senior notes for which the Company is economically hedged through its anti-dilutive convertible note hedge transaction.
(d) Defined as earnings before interest income and expense, taxes, depreciation, amortization, and share-based compensation, as well as excluding certain
other non-GAAP adjustments.
47,918
46,000
0.17
0.35
0.20
0.01
0.03
0.04
0.08
0.02
0.01
(0.08)
0.83
8,213
16,208
(33)
21,124
378
1,395
1,753
3,527
1,038
(3,243)
50,360
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