Courier Reports Year-End Financial Results: Revenue Up 5 Percent; EBITDA Comparable to Previous Year

Details of the net impairment charge and other items, including reconciliations of non-GAAP measures to GAAP, can be found in the tables at the end of this release. One such non-GAAP measure is EBITDA (earnings before interest, taxes, depreciation and amortization), an additional indicator of the company’s operating cash flow performance. Courier’s EBITDA, adjusted for the net impairment charge, was $42 million for both fiscal year 2014 and 2013.