| Discretionary Earnings |
Dollars available for new owner's compensation, acquisition debt service, actual depreciation reserves and return on invested capital. |
| Adjusted EBIT |
Earnings Before Interest, Taxes plus Depreciation and
non recurring expenses less an Appropriate Owner/Manager salary
(Discretionary Earnings less Appropriate Owner Salary) |
| EBIT-DA |
Earnings Before Interest, Taxes, Depreciation and
Amortization |
| EBIT-D |
Earnings Before Interest, Taxes and Depreciation |
| EBIT |
Earnings Before Interest and Taxes |
| Pre Tax Income |
Income shown on the tax return before taxes |
| After Tax Income |
Income available after taxes |