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Archived Events
May 2, 2013
10:00 AM ET
Alpha Natural Resources First Quarter 2013 Conference Call
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Non-GAAP Information
In addition to disclosing results determined in accordance with GAAP, Alpha also discloses certain non-GAAP financial measures, including adjusted income from continuing operations, adjusted diluted earnings per common share from continuing operations, EBITDA from continuing operations and adjusted EBITDA from continuing operations (collectively, "Non-GAAP Information"). A reconciliation of adjusted income from continuing operations to income from continuing operations, the most directly comparable U.S. GAAP measure, the weighted average diluted shares used to calculate adjusted diluted earnings per common share from continuing operations, and a reconciliation of both EBITDA from continuing operations and adjusted EBITDA from continuing operations to income from continuing operations are included in the Reconciliation section on the External Website.
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The Non-GAAP Information is not, however, a measure of financial performance under U.S. GAAP and should not be considered as an alternative to net income, income from continuing operations, operating income or diluted earnings per share from continuing operations as determined in accordance with U.S. GAAP. Moreover, the Non-GAAP Information is not calculated identically by all companies and may not be comparable to Non-GAAP Information used by other companies. The Non-GAAP Information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.
