💰 Financial Record

This document is page 15 of a financial memorandum explaining Non-GAAP financial measures (EBITDA, Adjusted EBITDA, EBITDAR) used by a company (likely Knowledge Learning Corporation/KLC) to evaluate performance. It details adjustments made related to the acquisitions of KinderCare Learning Centers and ARAMARK Educational Resources, as well as how these metrics influence executive compensation and debt covenants for 7 3/4% senior subordinated notes.