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Financial Highlights

(US$ thousands, except per share amounts)
Year Ended December 31  
   
2017
2016
2015
2014
2013
       
Results From Operations
     
Revenues
$
1,705,456
$ 1,482,889 $ 1,264,077 $
1,132,002
$
1,038,087
Adjusted EBITDA1
161,977
130,324 103,038
74,997
78,913
Operating earnings
107,627
90,550
70,747
45,621
37,083
Net earnings
76,673
54,243
38,198
26,192
18,452
       
Financial Position
     
Total assets
$
837,733
$
770,964
$
600,483
$
615,544
$
610,297
Long-term debt
 
269,625
250,909
201,199
239,357
225,425
Shareholders' equity
 
203,233
181,028
167,026
158,749
168,660
       
Earnings Per Share Data
     
Adjusted EPS2
$
2.03
$
1.62
$
1.20
$
0.84
$
0.96
Diluted net earnings per common share
1.45
0.92
0.59
0.36
0.09
Diluted weighted average
  common shares outstanding (thousands)
36,559
36,366
36,425
36,363
36,306
Cash dividends per common share
$
0.49
$
0.44
$
0.40
$
-
$
-
 
Notes
  1. Adjusted EBITDA is defined as net earnings before income tax, interest, depreciation, amortization, goodwill impairment charges, other (income) expense, acquisition-related items, and stock-based compensation expense.
  2. Adjusted earnings per share is defined as diluted net earnings per common share, adjusted for the effect, after income tax, of the non-controlling interest redemption increment, amortization, goodwill impairment charges, acquisition-related items, stock-based compensation expense, a stock-based compensation tax adjustment related to a US GAAP change, and an income tax recovery on the enactment of US Tax Reform.