Hertz 2012 Annual Report Download - page 233

Non-GAAP Reconciliations (Continued)
(In millions)
(b) As defined in the credit agreements for the senior credit facilities, Corporate EBITDA excludes the
impact of extraordinary, unusual or non-recurring gains or losses or charges or credits. The
adjustments reflect the following:
EXTRAORDINARY, UNUSUAL OR NON-RECURRING ITEMS
Years Ended December 31,
2012 2011 2010 2009
Restructuring charges ..................................... $38.0 $ 56.4 $54.7 $106.8
Restructuring related charges ................................ 11.1 9.8 13.2 46.5
Acquisition related costs .................................... 163.7 18.8 17.7 —
Other(c) .............................................. 26.5 — — —
Premiums paid on debt .................................... — 62.4 — —
Management transition costs ................................. — 4.0 — 1.0
Gain on debt buyback ..................................... — — — (48.5)
Third party bankruptcy reserve ................................ — — — 4.3
Derivative losses ........................................ — — — (5.0)
Total extraordinary, unusual or non-recurring items .................... $239.3 $151.4 $85.6 $105.1
(c) Primarily represents expenses related to the withdrawal from a multiemployer pension plan of $23.2 million, litigation accrual of
$14.0 million and expenses associated with the impact of Hurricane Sandy of $7.9 million. The pre-acquisition interest and
commitment fee expenses, of $17.5 million, from interim financing associated with the Dollar Thrifty acquisition for the year
ended December 31, 2012 is deducted from this line item as it is included within ‘‘Interest, net of interest income.’’
(d) For the year ended December 31, 2012, includes acquisition of minority interest for Navigation Solutions.