News Article | May 10, 2017
Yehuda (Udi) Vered, General Manager of Elbit Systems Land & C4I Division, said: "We are proud of this important modernization contract, providing the BMC - an important branch in the Brazilian Armed Forces - with major core systems. Elbit Systems is a global leader in the fields of C4ISR, EW, radio and communications, and our systems are based on decades of operational use, combat proven by many customers worldwide. I trust that this unique solution will lead to other projects with the BMC, as well as with other customers." Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems. For additional information, visit: http://www.elbitsystems.com follow us on Twitter or visit our official Youtube Channel This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward-looking statements are based on management's expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements. Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.
News Article | September 21, 2017
MIAMI, FL--(Marketwired - Sep 21, 2017) - Dewmar International BMC, Inc. ( : DEWM), a diversified brand management and operating company announced that Dewmar and its largest Louisiana distributor, India Imports d/b/a International Wholesale Club, have donated a substantial amount of Kush Cakes to assist Hurricane Irma victims who temporarily reside in shelters throughout Florida. "One of our Dewmar shareholders who runs a non-profit organization, Believe and Achieve, works closely with victims of Hurricane Irma who are temporarily residing in shelters in the greater Jacksonville area. We are sending the non-profit organization and our Orlando Kush Cakes distributor many cases of the relaxation brownies in order to ease the stress that evacuees have accumulated after being displaced from their homes and to help them get better sleep at night," says Dr. Marco Moran, CEO of Dewmar International. Dewmar has a full plate of activities on its agenda resulting from cannabis research, seeking licensing opportunities in multiple states for its subsidiary U.S. Hemp Corporation, and the recent grand opening of Willie's Duck Diner. However, after back to back hurricanes with one affecting a city where Dewmar has had an office for over 5 years; the Company and its staff felt that it was imperative that they take time out of their strategic planning to give back to these less fortunate communities. "I feel that I will personally be blessed, as well as supporters of Dewmar, by making sure that I take time away from the daily grind of trying to make Dewmar a success to share what we have worked hard to create with others," Dr. Moran continued. "The President of India Imports agreed with me and he is participating in sharing some of the costs of the related expenses as he has shipped Kush Cakes inventory from his largest facility, International Wholesale in Metairie, LA to Florida at my request, plus he sent 4 truckloads of bottled water to Houston a couple of weeks ago," said Dr. Moran. Mr. Hiren Shah, CEO of India Imports, and Dr. Moran speak almost weekly either in-person or via mobile phone as they work through the vast amount of information needed to prepare the most beneficial merger/acquisition deal. One thing that has been mutually agreed upon is that Dewmar International must first become a fully reporting entity prior to the finalization of the deal. For the past several weeks, Dewmar executives have been conducting job searches and interviews for junior and senior accounting staff to work either from its Houston and/or Clinton offices. The goal is to provide a timelier accounting process as opposed to outsourcing it in the past which proved to be slower and less efficient. The Company still has its newly engaged Colorado auditing firm in place to review its new accounting team's financial reports. In order for the Company to become current, the past two years financials must be audited. About India Imports India Imports D/B/A International Wholesale Club is a membership-only wholesale establishment that sells a wide variety of products to dealers, retailers, wagon jobbers, rack jobbers, exporters, dollar stores, pharmacies, auction houses and flea markets. The company carries thousands of different items to give their customers the widest product selection in a 120,000 sq. ft. facility in a New Orleans suburb. International Wholesale Club continuously adds new and exciting merchandise to its inventory to help retailers stay abreast of the latest trends which gives them an advantage over their competitors who are not members. They are open 7 days a week with a policy to meet or beat any legitimate competitors' prices. About Dewmar International BMC, Inc. Dewmar International BMC, Inc. is a certified MBE and service disabled veteran owned new product development, manufacturing and brand management company. Established in 2003, Dewmar's primary business strategy has been in creating high profit margins with functional foods and beverages, as well as introducing new simple yet meaningful innovations to markets of great demand. The Company's flagship product, Lean Slow Motion Potion, whose flavors include Yella, Purp and Easta Pink, is rated as one of the top 3 national selling relaxation beverages in the U.S. market and is the longest standing relax beverage in Walmart stores in the United States. Kush Cakes is the country's leading relaxation hemp-infused brownie. The company has offices in Clinton, MS; Houston, TX: Denver, CO and New Orleans, LA. Click here for the Safe Harbor Statement.
News Article | September 12, 2017
With the shift from the on-prem to multi-cloud environments, companies are challenged with security, cost, compliance, and governance requirements. "The first step in addressing these challenges is knowing not just what assets are in data centers but also across private, public, and managed clouds," said Nayaki Nayyar, President, Digital Service Management at BMC. "By knowing everything within on-prem and multi-cloud environments, organizations become more service-aware, cost-transparent, and secure." "As our service management needs evolve to meet the demands of digital business, so must the tools we rely on," said Scott Nolting, Remedy System Administrator at the University of Kansas Health System. "Multi-cloud environments present new challenges for discovery and dependency mapping, and we've seen firsthand that BMC Discovery has evolved to provide the reliable baseline awareness required to manage public and private clouds." To learn more about how the BMC Discovery for Multi-Cloud solution is the foundation of multi-cloud management, visit http://www.bmc.com/it-solutions/discovery-dependency-mapping.html. About BMC Discovery The BMC Discovery solution delivers rich, event-driven discovery and relationship data available on an open platform that other systems can leverage and interact with. This data enables faster data center consolidation, easier response to software license audits, and more accurate identification of security vulnerabilities to reduce risk. It also creates more awareness, security, and transparency across the organization, resulting in more informed decisions, better prioritization and remediation of vulnerabilities, and greater understanding of how IT costs impact lines of business. About BMC BMC is a global leader in innovative software solutions that enable businesses to transform into digital enterprises for the ultimate competitive advantage. Our Digital Enterprise Management solutions are designed to make digital business fast, seamless, and optimized from mainframe to mobile to cloud and beyond. BMC digital IT transforms 82 percent of the Fortune 500 and serves more than 10,000 customers worldwide. BMC – Bring IT to Life BMC, BMC Software, the BMC logo, and the BMC Software logo are the exclusive properties of BMC Software Inc., are registered or pending registration with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. All other BMC trademarks, service marks, and logos may be registered or pending registration in the U.S. or in other countries. All other trademarks or registered trademarks are the property of their respective owners. ©Copyright 2017 BMC Software, Inc.
News Article | September 15, 2017
HOUSTON, TX--(Marketwired - Sep 15, 2017) - Dewmar International BMC, Inc. ( : DEWM), a diversified brand management and operating company, announces that along with its operating partner, Willie Robertson, Dewmar and Mr. Robertson provided valuable donations of medical equipment, devices, clothing, outdoor wear and more to assist Hurricane Harvey victims and first-responders in the Greater Houston area. "One of our Dewmar shareholders that is working closely with victims of Hurricane Harvey reached out to us via email days after the storm passed asking for medical supply donations to a shelter that she is volunteering time at in Houston. She particularly stated that the shelter had a significant number of diabetic patients so we knew specifically where we could help," said Dr. Marco Moran, CEO of Dewmar International. "I immediately contacted members of our staff at our subsidiary pharmacies and clinics to ask them to gather as much diabetic supplies, general medical supplies, patient educational materials and over-the-counter products that we could spare for me to come personally pick up by the end of the week a few days after the hurricane. Additionally, I asked members of the Robertson Family and the Duck Commander staff to join us in our donation efforts," Dr. Marco Moran stated. Ironically, Willie and staff at Duck Commander were already in full gear gathering very valuable outdoor wear and equipment such as waders and rubber boots along with other necessary items of clothing to ship immediately to first-responders and to families who needed to brave the toxic watery elements in the Houston and Beaumont areas in an attempt to salvage as much of their property and valuables as possible. "This further acknowledges what a good business partnership we have with Marco and the Dewmar team as they share the same passion as we do at Duck Commander to help those in need," says Willie Robertson, CEO of Duck Commander and star of the A&E hit series Duck Dynasty. Dewmar International's subsidiary, Health & Wellness Research Consortium, has contracts with 2 clinics in Mississippi, a pharmacy in Louisiana, a telemedicine center in Mississippi and practitioners stationed across both several Southern states. Dr. Moran acknowledges that he himself drove from site to site across Louisiana and Mississippi sorting out the following items: OTC medications, diabetic syringes, patient education pamphlets, clothing, diabetic glucose monitoring machines, urine sampling kits, blood pressure cuffs and even hundreds of Kush Cakes to help distressed evacuees to reduce stress or to receive a better night's sleep. Please notify Dewmar International of any shelters throughout Florida that are seeking ways to help its Hurricane Irma evacuees to relax during this period of high stress. The Company has set aside a significant portion of its most recent batch run of our non-THC, herbal relaxation brownies, Kush Cakes, to shelters in Florida. Please refer them to send an email to HelpRelax@DewmarInternational.com along with the address of their shelter, a contact person, phone number, general photos and a brief letter of request. Dewmar International BMC, Inc. is a certified MBE and service disabled veteran owned new product development, manufacturing and brand management company. Established in 2003, Dewmar's primary business strategy has been in creating high profit margins with functional foods and beverages, as well as introducing new simple yet meaningful innovations to markets of great demand. The Company's flagship product, Lean Slow Motion Potion, whose flavors include Yella, Purp and Easta Pink, is rated as one of the top 3 national selling relaxation beverages in the U.S. market and is the longest standing relax beverage in Walmart stores in the United States. Kush Cakes is the country's leading relaxation hemp-infused brownie. The company has offices in Clinton, MS; Houston, TX: Denver, CO and New Orleans, LA. Click here for the Safe Harbor Statement.
News Article | February 28, 2017
HOUSTON, Feb. 28, 2017 /PRNewswire/ -- BMC Software, a global leader in IT solutions for the digital enterprise, today announced that CRN®, a brand of The Channel Company, has named Sanjay Gupta, BMC's Vice President of Global Ecosystem Sales, to its prestigious list of 2017 Channel...
BMC Inc | Date: 2013-03-13
A fall arrest system adapted for use in construction projects with wall studs of various spacing. The fall arrest system comprises a wall attachment bracket and a retractable harness line system, which provides extension, retraction, and storage of a harness line. The harness line is connected to a user-worn harness to protect the user from falling.
News Article | February 21, 2017
HOUSTON, Feb. 21, 2017 /PRNewswire/ -- BMC, a global leader in IT solutions for the digital enterprise, today announced the schedule for its 2017 BMC Exchanges, which enhance and expand its successful global program of complimentary one-day events for customers, prospects, and partners....
News Article | February 23, 2017
ATLANTA, Feb. 23, 2017 (GLOBE NEWSWIRE) -- BMC Stock Holdings, Inc. (Nasdaq:BMCH) (“BMC” or the “Company”), a leading provider of diversified lumber and building materials and solutions to new construction builders and professional remodelers in the U.S., announced today that Lisa Hamblet is adding Pro Remodeling to her responsibilities and assuming the title Executive Vice President, eBusiness and Pro Remodeling. Ms. Hamblet has led BMC’s eBusiness efforts since joining the Company in 2013. “I am delighted to recognize Lisa’s contributions to our business with these expanded responsibilities,” said Peter Alexander, President and Chief Executive Officer. “She has demonstrated tremendous leadership in overseeing the Company’s successful eBusiness initiatives, including the launch of BMC’s eCommerce business as well as the adoption of both our Logistics and Installation Solutions. Lisa is the ideal person to lead a more focused effort to increase our services to professional remodelers, particularly with the significant utilization of BMC’s eCommerce offering by this group of customers. In fact, we’ve seen a significant increase in sales among professional remodelers in those markets where we have introduced our eCommerce platform. With the bulk of our integration efforts behind us, we are turning much of our focus to strategic growth initiatives and see a strong opportunity to capture additional market share in what is an underserved customer segment in our industry.” Prior to joining BMC, Ms. Hamblet was with Staples Inc., where she held various senior management roles including Vice President of B2B eCommerce and Customer Support, Vice President of B2B Services and, most recently, Vice President of Facility Solutions. Ms. Hamblet received her undergraduate degree from the University of Massachusetts, Amherst and a M.B.A. from Bentley University. Headquartered in Atlanta, Georgia, BMC is one of the nation's leading providers of diversified building products and services to professional builders and contractors in the residential housing market. The Company's comprehensive portfolio of products and services spans building materials, including millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management services and an innovative eBusiness platform capable of supporting all of the Company's customers' needs. BMC serves 42 metropolitan areas across 17 states, principally in the fast-growing South and West regions.
News Article | February 15, 2017
SANTA CLARA, Calif., Feb. 15, 2017 /PRNewswire/ -- BMC Software, a global leader in IT solutions for the digital enterprise, today announced it is sponsoring the upcoming BreakLine Tech program, which equips veterans of the U.S. Armed Forces with digital skills needed to pursue careers in...
News Article | March 1, 2017
ATLANTA, March 01, 2017 (GLOBE NEWSWIRE) -- BMC Stock Holdings, Inc. (Nasdaq:BMCH) (“BMC” or the “Company”), one of the nation’s leading providers of diversified building products and services in the U.S. residential construction market, today reported its financial results for the fourth quarter and full year ended December 31, 2016. On December 1, 2015, Stock Building Supply Holdings, Inc. (“SBS”) completed its merger transaction (the “Merger”) with Building Material Holdings Corporation (“Legacy BMC”). As a result of the Merger, current year results reported pursuant to U.S. generally accepted accounting principles (“GAAP”) are not comparable to prior year periods. For a more detailed explanation, see the “Fourth Quarter and Full Year 2016 Financial Results - Basis of Presentation” section of this press release. A reconciliation of non-GAAP financial measures to comparable GAAP financial measures is provided in the “Reconciliation of GAAP to Non-GAAP Measures” section of this press release. Commenting on the Company’s 2016 performance, Peter Alexander, President and Chief Executive Officer of BMC stated, “Our Merger, which we completed a little more than a year ago, unlocked numerous opportunities to expand the business and improve profitability. During 2016, we achieved strong operational and financial results including significant gains in operating margins and cash generation. Net sales in 2016 increased 96% as compared to the prior year, and 10.5% when compared to 2015 Adjusted net sales. Net income in 2016 increased to $30.9 million while Adjusted EBITDA margins expanded 170 basis points as compared to 2015.” “In addition,” Mr. Alexander continued, “we made significant strides on our integration efforts and technology initiatives, including the achievement of $31 million in cost synergy savings in our 2016 operating results. Also, during the year, we rolled out ReadyFrame®, our differentiated whole-house framing solution that assists professional builders and contractors to reduce their labor needs and shorten cash conversion cycles, to the remainder of our major markets. This product offering grew more than 46% during 2016 to over $100 million in sales. With a remarkably strong team in place and what I believe are the best products and solutions available to professional builders and remodelers in the residential homebuilding space, I am very optimistic about our prospects for 2017 and beyond.” Fourth Quarter and Full Year 2016 Financial Results - Basis of Presentation The Merger was accounted for as a “reverse acquisition” under the acquisition method of accounting, with SBS treated as the legal acquirer and Legacy BMC treated as the acquirer for accounting purposes. As such, the Company has accounted for the Merger by using the Legacy BMC historical information and accounting policies and adding the assets and liabilities of SBS as of the completion date of the Merger at their estimated fair values. As a result, current year results reported pursuant to GAAP are not comparable to prior year periods. For informational purposes only, the Company has furnished certain Adjusted financial information for the three months and twelve months ended December 31, 2016, and the three months and twelve months ended December 31, 2015. The prior year Adjusted financial information combines the historical results of Legacy BMC and SBS for the three months and twelve months ended December 31, 2015. The Adjusted financial information has not been prepared in accordance with GAAP, and is based upon information and assumptions deemed appropriate by the Company’s management. This Adjusted financial information is not necessarily indicative of what the Company’s results actually would have been had the Merger been completed as of January 1, 2015. In addition, this Adjusted financial information is not indicative of future results or current financial conditions and does not reflect any anticipated synergies, operating efficiencies, cost savings or integration costs that have resulted or may result in the future from the Merger. All Adjusted financial information should be read in conjunction with separate historical financial statements and accompanying notes filed with the Securities and Exchange Commission (“SEC”). A reconciliation of Adjusted financial measures to GAAP financial measures is provided in the “Reconciliation of GAAP to Non-GAAP Measures” section of the press release. Fourth Quarter and Full Year 2016 Summary of Financial Results During the three and twelve months ended December 31, 2016, the Company generated solid operating result improvements and continued to make substantial progress on its Merger integration plan. Total liquidity as of December 31, 2016 was approximately $283.2 million, which included cash and cash equivalents of $8.9 million and $274.3 million of borrowing availability under the Company’s asset-backed revolver. Capital expenditures during the fourth quarter and full year of 2016 totaled $11.9 million and $38.1 million, respectively. These expenditures were primarily used to fund purchases of vehicles and equipment to support increased sales volume and replace aged assets, and facility and technology investments to support our operations. In addition, the Company acquired approximately $6.6 million of assets during the fourth quarter and $15.1 million of assets during the full year 2016 under capital lease arrangements, consisting primarily of material handling equipment. “We are well-positioned to capitalize on the steady growth we expect in the residential construction markets we serve,” said Mr. Alexander. “Our innovative approach to improving productivity and efficiency for our customers, our broad selection of value-added offerings, and our solid financial position set BMC apart from our competitors and create multiple avenues to drive future shareholder value. Compared to the mild weather we enjoyed during the first quarter of 2016, we have experienced more normal seasonal trends during the first two months of 2017. However, we also believe that underlying demand remains robust and will support another solid year of organic growth for 2017. With a large portion of our Merger integration efforts behind us, we are increasing our efforts to accelerate our growth strategy both through organic and inorganic means. We will continue to target opportunities that further enhance our value-added product offerings and/or expand our geographic footprint into attractive markets.” BMC will host a conference call on Wednesday, March 1, 2017 at 10:00 a.m. Eastern Time and will simultaneously broadcast it live over the Internet. The conference call can be accessed by dialing 877-407-0784 (domestic) or 201-689-8560 (international). A telephonic replay will be available approximately three hours after the call and can be accessed by dialing 844-512-2921, or for international callers, 412-317-6671. The passcode for both the live call and the replay is 13652791. The telephonic replay will be available until 11:59 p.m. (Eastern Time) on March 8, 2017. The live webcast of the conference call can be accessed on the Company’s investor relations website at ir.buildwithbmc.com and will be available for approximately 90 days. This press release presents Adjusted net sales, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net income and Adjusted net income per diluted share, which are non-GAAP financial measures within the meaning of applicable SEC rules and regulations. For a reconciliation of Adjusted net sales, Adjusted EBITDA and Adjusted net income to the most comparable GAAP measures and a discussion of the reasons why the Company believes that these non-GAAP financial measures provide information that is useful to investors, see the tables included in this document under "Reconciliation of GAAP to Non-GAAP Measures." With over $3 billion in annual revenues, BMC is one of the nation's leading providers of diversified building products and services to builders, contractors and professional remodelers in the U.S. residential housing market. The Company's comprehensive portfolio of products and solutions spans building materials, including millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management services and an innovative eBusiness platform. BMC, which is headquartered in Atlanta, Georgia, serves 42 metropolitan areas across 17 states, principally in the fast-growing South and West regions. This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this document may include, without limitation, statements regarding sales growth, price changes, earnings performance, strategic direction and the demand for our products. Forward-looking statements are typically identified by words or phrases such as "may," "might," "predict," "future," "seek to," "assume," "goal," "objective," "continue," "will," "could," "should," "would," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "prospects," "guidance," "possible," "predict," "propose," "potential" and "forecast," or the negative of such terms and other words, terms and phrases of similar meaning. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, many of which are outside BMC's control. BMC cautions readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement; therefore, investors and shareholders should not place undue reliance on such statement. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this communication. A number of important factors could cause actual results to differ materially from those indicated by the forward-looking statements. These factors include without limitation: All such factors are difficult to predict and are beyond BMC's control. All forward-looking statements attributable to BMC or persons acting on BMC's behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and BMC undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. BMC STOCK HOLDINGS, INC. AND SUBSIDIARIES Reconciliation of GAAP to Non-GAAP Measures (unaudited) Adjusted net sales, Adjusted EBITDA and Adjusted net income are intended as supplemental measures of the Company’s performance that are not required by, or presented in accordance with, GAAP. The Company believes that Adjusted net sales, Adjusted EBITDA and Adjusted net income provide useful information to management and investors regarding certain financial and business trends relating to the Company’s financial condition and operating results. Company management uses Adjusted net sales, Adjusted EBITDA and Adjusted net income for trend analyses, for purposes of determining management incentive compensation and for budgeting and planning purposes. Adjusted net sales and Adjusted EBITDA are used in monthly financial reports prepared for management and the board of directors. The Company believes that the use of Adjusted net sales, Adjusted EBITDA and Adjusted net income provide additional tools for investors to use in evaluating ongoing operating results and trends and in comparing the Company’s financial measures with other distribution and retail companies, which may present similar non-GAAP financial measures to investors. However, the Company’s calculation of Adjusted net sales, Adjusted EBITDA and Adjusted net income are not necessarily comparable to similarly titled measures reported by other companies. Company management does not consider Adjusted net sales, Adjusted EBITDA and Adjusted net income in isolation or as alternatives to financial measures determined in accordance with GAAP. The principal limitation of Adjusted EBITDA and Adjusted net income is that they exclude significant expenses and income that are required by GAAP to be recorded in the Company’s financial statements. Some of these limitations are: (i) Adjusted EBITDA and Adjusted net income do not reflect changes in, or cash requirements for, working capital needs; (ii) Adjusted EBITDA does not reflect interest expense, or the requirements necessary to service interest or principal payments on debt; (iii) Adjusted EBITDA does not reflect income tax expenses or the cash requirements to pay taxes; (iv) Adjusted net income and Adjusted EBITDA do not reflect historical cash expenditures or future requirements for capital expenditures or contractual commitments; (v) although depreciation and amortization charges are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future and Adjusted EBITDA and Adjusted net income do not reflect any cash requirements for such replacements and (vi) Adjusted net income and Adjusted EBITDA do not consider the potentially dilutive impact of issuing non-cash stock-based compensation. In order to compensate for these limitations, management presents Adjusted net sales, Adjusted EBITDA and Adjusted net income in conjunction with GAAP results. Readers should review the reconciliations of net sales to Adjusted net sales, net income to Adjusted EBITDA and Adjusted net income below, and should not rely on any single financial measure to evaluate the Company’s business. BMC STOCK HOLDINGS, INC. AND SUBSIDIARIES Reconciliation of GAAP to Non-GAAP Measures (continued) (unaudited)