PEDIATRIX MEDICAL GROUP, INC.

RECONCILIATION OF DILUTED NET INCOME (LOSS) PER SHARE TO ADJUSTED INCOME PER DILUTED SHARE ("ADJUSTED EPS")

(in thousands, except per share data)

(Unaudited)

Three Months

Ended March 31,

2024

Weighted average diluted shares outstanding

83,275

Net income and diluted income per share

$

4,035

$

0.05

Adjustments (1):

Amortization (net of tax of $863)

2,589

0.03

Stock-based compensation (net of tax of $716)

2,146

0.03

Transformational and restructuring expenses (net of tax of $2,120)

6,360

0.08

Net impact from discrete tax events

1,676

0.01

Adjusted income and diluted EPS

$

16,806

$

0.20

(1)A blended tax rate of 25% was used to calculate the tax effects of the adjustments.

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Pediatrix Medical Group Inc. published this content on 07 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 May 2024 10:10:45 UTC.