Epstein Secrets

2012 2013 2014 September 30, 2014 2015 (In thousands) (unaudited) Total net revenue $203,449 $552,433 $850,192 $599,298 $892,758 Less: Starbucks transaction revenue 9,471 114,456 123,024 86,508 95,199 Less: transaction costs 126,351 277,833 450,858 318,501 479,937 Adjusted Revenue

ion expense, other income and expense, the gain or loss on the sale of properly and equipment, and impairment of intangible assets. We have included Adjusted EBITDA in this prospectus because it is a key measure used by our management to evaluate our operating performance, generate future operating plans, and m

September 30, 2012 2013 2014 2014 2015 (in thousands) (unaudited) Total net revenue $203,449 $552,433 $850,192 $599,298 $892,758 Less: Starbucks transaction revenue 9,471 114,456 123,024 86,508 95,199 Less: transaction costs 126,351 277,833 450,858 318,501 479,937 Adjusted Revenue

ion expense, other income and expense, the gain or loss on the sale of property and equipment, and impairment of intangible assets. We have included Adjusted EBITDA in Table of Contents 63 this prospectus because it is a key measure used by our management to evaluate our operating performance, generate future

Ended September 30, 2012 2013 2014 2014 2015 (in thousands) (unaudited) Net loss $(85,199) $(104,493) 5(154,093) $(117,021) $(131,528) Starbucks transaction revenue (9,471) (114,456) (123,024) (86,508) (95.199) Starbucks transaction costs 12,547 139.803 150,955 107,889 118.542 Shar

S-I/A 64 Table of Contents Because of these limitations, you should consider Adjusted EBITDA alongside other financial performance measures. including net loss and our other financial results presented in accordance with GAAP. The following

2015 Sep. 30, 2015 (in thousands) (unaudited) Net loss $ (30.790) S (43.991) (35.364) (37,666) S (37,072) 5 (47,978) $ (29.620) $ (53,930) Starbucks transaction revenue (33,754) (26.466) (30,147) (29,895) (36.516) (29,237) (33.630) (32,332) Starbucks transaction costs 39,819 33,016 37,

.341 5 66.848 $ 75.100 $ 82.021 $ 89.213 5110.560 $117.849 88 Table of Contents The following table presents a reconciliation of net loss to Adjusted EBITDA for each of the periods indicated: Three Months Ended Adjusted EBITDA Reconciliation Dec. 31, 2013 Mar. 31, 2014 Jun. 30, 2014 Sep. 30, 201