EX-99.1 2 a991-postearningsreleaseq3.htm EXHIBIT 99.1 Exhibit
EXHIBIT 99.1

DHI Group, Inc.
Business Outlook and Non-GAAP Supplemental Data
 
Q4 2016 and Full-Year 2016 Business Outlook
($ in millions, except per share)
 
Nine months ended Sept. 30, 2016
 
Q4 2016 Outlook
 
FY 2016 Outlook
 
Slashdot Media and disposition related and other costs
 
FY 2016 Outlook (Excluding, Slashdot Media and disposition related and other costs)
 
Impairment Charge
 
FY 2016 Outlook Excluding Certain Items (1)  
 
Revenues
 
$172.0
 
$54.0 - $55.0
 
$226.0 - $227.0
 
$(0.7)
 
$225.3 - $226.3
 
$0.0
 
$225.3 - $226.3
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income Tax Rate
 
(43)%
 
36% - 37%
 
NM - NM
 
37%
 
210% - 220%
(2) 
11%
 
36% - 36%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income (Loss)
 
$(10.9)
 
$4.6 - $4.8
 
$(6.3) - $(6.1)
 
$2.3
 
$(4.0) - $(3.8)
(3) 
$21.8
 
$17.8 - $18.0
(4) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted Earnings (Loss) Per Share
 
$(0.22)
 
$0.09 - $0.10
 
$(0.13) - $(0.12)
 
$0.05
 
$(0.08) - $(0.07)
(5) 
$0.44
 
$0.36 - $0.37
(6) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Adjusted EBITDA
 
$43.8
 
$13.4 - $13.8
 
$57.2 - $57.6
 
$1.0
 
$58.2 - $58.6
 
$0.0
 
$58.2 - $58.6
 
(1) Excludes Slashdot Media, disposition related and other costs, and impairment charge
(2) Compares to 150% - 160% for the FY 2016 Business Outlook section of the earnings press release filed on November 1, 2016, on Form 8-K
(3) Compares to $(2.2) - $(2.0) for the FY 2016 Business Outlook section of the earnings press release filed on November 1, 2016, on Form 8-K
(4) Compares to $19.5 - $19.8 for the FY 2016 Business Outlook section of the earnings press release filed on November 1, 2016, on Form 8-K
(5) Compares to $(0.05) - $(0.04) for the FY 2016 Business Outlook section of the earnings press release filed on November 1, 2016, on Form 8-K
(6) Compares to $0.40 - $0.41 for the FY 2016 Business Outlook section of the earnings press release filed on November 1, 2016, on Form 8-K
Reconciliation of Net Income (Loss) to Adjusted EBITDA
($ in millions, except per share)
Nine months ended Sept. 30, 2016
 
Q4 2016 Outlook
 
FY 2016 Outlook
Net income (loss)
$(10.9)
 
$4.6
-
$4.8
 
$(6.3)
-
$(6.1)
     Interest expense
2.6
 
0.7
-
0.8
 
3.3
-
3.4
     Income tax expense
3.3
 
2.8
-
2.7
 
6.1
-
6.0
     Depreciation and amortization of intangible assets
13.7
 
2.9
-
3.0
 
16.6
-
16.7
     Impairment of goodwill
15.4
 
0.0
-
0.0
 
15.4
-
15.4
     Impairment of intangible assets
9.3
 
0.0
-
0.0
 
9.3
-
9.3
     Non-cash stock compensation expense
7.9
 
2.4
-
2.5
 
10.3
-
10.4
     Severance - Slashdot Media
1.0
 
0.0
-
0.0
 
1.0
-
1.0
     Accelerated stock based compensation expense - Slashdot Media
0.9
 
0.0
-
0.0
 
0.9
-
0.9
     Loss on sale of business
0.6
 
0.0
-
0.0
 
0.6
-
0.6
Total Adjusted EBITDA
$43.8
 
$13.4
-
$13.8
 
$57.2
-
$57.6