American Home Shield 2015 Annual Report Download - page 18
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There’s a whole new generation of
consumers who want more speed,
more control and more convenience
in the way they access services.
We want to be their number one
choice for essential services.
Rob Gillette
Chief Executive Ofcer
Non-GAAP Reconciliations
2015 2014
Income from Continuing Operations $162 $43
Amortization expense 38 52
401(k) Plan corrective contribution 23 —
Impairment of software and other related costs — 47
Consulting agreement termination fees — 21
Restructuring charges 5 11
Gain on sale of Merry Maids branches (7) (1)
Management and consulting fees — 4
Loss on extinguishment of debt 58 65
Other expense 9 —
Tax impact of adjustments (42) (75)
Adjusted Net Income $245 $166
(in millions)
For the years ending December 31,
The following table reconciles Income from Continuing Operations to
Adjusted Net Income for the periods presented.