CoreLogic Reports Third Quarter 2010 Net Loss of $93.4 Million, or $0.80 Per Share, on Revenue of $484.3 Million

Page 21

RECONCILIATION OF AS REPORTED TO AS ADJUSTED FINANCIAL RESULTS FOR MORTGAGE ORIGINATION SERVICES GROUP


($ thousands)

3Q10 as

Reported

3Q10 Adjustments*

3Q10 Reclass. of Equity

in Earnings of Affiliates

3Q10 as

Adjusted

Revenue

$119,511

$0

$18,183

$137,694

Salaries and Benefits

37,461

(998)

0

36,463

Other Operating

59,773

0

0

59,773

Depr. and Amort.

3,793

0

0

3,793

Total Operating Exp.

$101,027

($998)

$0

$100,029

Interest Expense, Net

(174)

0

0

(174)

Other Income

18,215

0

(18,183)

32

Pre-tax Income

$36,874

$998

$0

$37,871

Pre-tax Margin

31%



28%

  + Adj. interest exp.




(174)

  + Adj. depr. and amort.




3,793

  = Adj. EBITDA




$41,490

  Adj. EBITDA Margin




30%

* Includes severance of $998.





($ thousands)

3Q09 as

Reported

3Q09 Adjustments*

3Q09 Reclass. of Equity

in Earnings of affiliates

3Q09 as

Adjusted

Revenue

$119,770

$0

$17,796

$137,566

Salaries and Benefits

39,402

(258)

0

39,144

Other Operating

63,286

(60)

0

63,226

Depr. and Amort.

4,686

0

0

4,686

Total Operating Exp.

$107,374

($318)

$0

$107,056

Interest Expense, Net

(1,817)

0

0

(1,817)

Other Income

17,796

118

(17,796)

118

Pre-tax Income

$32,010

$436

$0

$32,445

Pre-tax Margin

27%



24%

  + Adj. interest exp.




(1,817)

  + Adj. depr. and amort.




4,686

  = Adj. EBITDA




$35,314

  Adj. EBITDA Margin




26%

* Includes severance of $258, asset writ e-offs of $60 and net realized losses of $118.





« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24  Next Page »



Review Article Be the first to review this article
Harris

Airbus

Featured Video
Jobs
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
GIS Analyst II for Air Worldwide at Boston, MA
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Senior Structural Engineer for Design Everest at San Francisco, CA
Upcoming Events
RoboUniverse San Diego at San Diego CA - Dec 14 - 15, 2016
DGI 2017 at QEII Centre London United Kingdom - Jan 23 - 25, 2017
Geospatial World Forum 2017 Hyderabad at Hyderabad International Convention Center P.O Bag 1101, Cyberabad Post Office Hyderabad Telangana India - Jan 23 - 25, 2017
Trimble
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy