4) Reflects the elimination of operating expenses from Broadcast Software International $1,654 and elimination of non cash contract termination costs of $13,571.
4) Reflects the elimination of operating expenses from Broadcast Software International ($1,269) and elimination of non cash contract termination costs of $13,571.
Reconciliation between Historical GAAP Results And Pro Forma Results for the Three Months Ended September 30, 2002 (dollars in thousands) Historical Pro Forma GAAP Adjustments Results ---------- ----------- -------- Net Revenue $66,521 $(315) (1) $66,206 Station Operating Expenses $40,982 $(237) (2) $40,745 BCF $25,539 $ (78) $25,461 Corporate Overhead $ 3,468 -- $ 3,468 EBITDA $22,071 $ (78) $21,993 (1) Reflects the elimination of revenues from Broadcast Software International ($291) and from divested stations ($24).
Reconciliation between Historical GAAP Results And Pro Forma Results for the Three Months Ended June 30, 2002 (dollars in thousands) Historical Pro Forma GAAP Adjustments Results -------- ----------- --------- Net Revenue $ 69,782 $ (287)(1) $ 69,495 Station Operating Expenses $ 40,830 $ (233)(2) $ 40,597 BCF $ 28,952 $ (54) $ 28,898 Corporate Overhead $ 3,431 -- $ 3,431 EBITDA $ 25,521 $ (54) $ 25,467 (1) Reflects the elimination of revenues from Broadcast Software International ($287) (2) Reflects the elimination of operating expenses from divested businesses ($24) and expenses of Broadcast Software International ($209) Cumulus Media Inc.
Reconciliation between Historical GAAP Results And Pro Forma Results for the Three months ended March 31, 2002 (dollars in thousands) Historical Pro Forma GAAP Adjustments Results Net Revenue $44,948 $9,276 (1) $54,224 Station Operating Expenses $33,439 $5,440 (2) $38,879 BCF $11,509 $3,836 $15,345 Corporate Overhead $3,548 -- $3,548 EBITDA $7,961 $3,836 $11,797 (1) Reflects the addition of Aurora Communications and DBBC for the three months ended March 31, 2002 ($9,501), offset by the elimination of revenues from Broadcast Software International ($225).
ENTERTAINMENT WIRE)--April 10, 2002 Broadcast Software International (BSI) and Broadcast Computers (UK) today announced that they have teamed up to supply computer software for the first radio stations to go on the air in Afghanistan since the war on terrorism began.
Pro forma Broadcast Cash Flow (defined as operating income (loss) before depreciation, amortization, LMA fees, corporate general and administrative expense, restructuring and impairment charges; and excluding APEX, Broadcast Software International and excluding certain non-recurring station level operating expenses) increased $6.
