EBAY » Topics » Consolidated EBITDA

This excerpt taken from the EBAY 8-K filed Aug 3, 2007.
Consolidated EBITDA
(in accordance with the definition of Consolidated EBITDA
as set forth in the Agreement)
 
                                         
                            Twelve
 
    Quarter
    Quarter
    Quarter
    Quarter
    Months
 
Consolidated EBITDA
  Ended     Ended     Ended     Ended     Ended  
 
Consolidated Net Income
                                       
+ interest expense
                                       
+ depreciation and amortization expense
                                       
+ income tax expense
                                       
+ non-cash charges or expenses relating to equity plans or stock option awards
                                       
+ payroll taxes on exercise of stock options
                                       
= Consolidated EBITDA
                                       


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