| Reconciliation of Revenue from Segments to Consolidated |
Segment revenue information is summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended February 29 and 28, |
|
Nine Months Ended February 29 and 28, |
|
2016 |
|
2015 |
|
2016 |
|
2015 |
Hockey |
$ |
56,297 |
|
|
$ |
53,936 |
|
|
$ |
285,724 |
|
|
$ |
327,734 |
|
Baseball/Softball |
57,259 |
|
|
71,946 |
|
|
140,318 |
|
|
153,531 |
|
Other Sports |
12,525 |
|
|
11,864 |
|
|
28,115 |
|
|
25,870 |
|
Total revenues |
$ |
126,081 |
|
|
$ |
137,746 |
|
|
$ |
454,157 |
|
|
$ |
507,135 |
|
|
| Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
Segment EBITDA information is summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended February 29 and 28, |
|
Nine Months Ended February 29 and 28, |
|
2016 |
|
2015 |
|
2016 |
|
2015 |
Hockey |
$ |
(15,900 |
) |
|
$ |
(3,935 |
) |
|
$ |
10,628 |
|
|
$ |
47,959 |
|
Baseball/Softball |
3,582 |
|
|
18,889 |
|
|
12,660 |
|
|
34,087 |
|
Other Sports |
2,671 |
|
|
2,097 |
|
|
2,585 |
|
|
2,214 |
|
Total segment EBITDA (1)
|
$ |
(9,647 |
) |
|
$ |
17,051 |
|
|
$ |
25,873 |
|
|
$ |
84,260 |
|
|
|
(1) |
Represents a non-GAAP financial measure. |
The reconciliation of total segment EBITDA to income before income taxes is summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended February 29 and 28, |
|
Nine Months Ended February 29 and 28, |
|
2016 |
|
2015 |
|
2016 |
|
2015 |
Total segment EBITDA |
$ |
(9,647 |
) |
|
$ |
17,051 |
|
|
$ |
25,873 |
|
|
$ |
84,260 |
|
Corporate expenses |
(1,370 |
) |
|
(2,443 |
) |
|
(5,012 |
) |
|
(5,781 |
) |
Acquisition related expenses |
(4,595 |
) |
|
(2,517 |
) |
|
(13,775 |
) |
|
(14,149 |
) |
Depreciation and amortization |
(5,661 |
) |
|
(5,278 |
) |
|
(16,490 |
) |
|
(15,845 |
) |
Impairment of goodwill and intangible assets |
(145,112 |
) |
|
— |
|
|
(145,112 |
) |
|
— |
|
Interest expense, net |
(5,406 |
) |
|
(4,768 |
) |
|
(15,688 |
) |
|
(14,960 |
) |
Currency related losses |
(3,072 |
) |
|
(13,299 |
) |
|
(10,020 |
) |
|
(21,335 |
) |
Other(1)
|
(2,472 |
) |
|
(3,281 |
) |
|
(6,470 |
) |
|
(9,211 |
) |
Income (loss) before income taxes |
$ |
(177,335 |
) |
|
$ |
(14,535 |
) |
|
$ |
(186,694 |
) |
|
$ |
2,979 |
|
|
|
(1) |
Other consists of share-based payments expense and items that the CODM excludes from segment EBITDA.
|
|