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310-056 exam Dumps Source : Certified Programmer for J2SE 5.0 Upgrade

Test Code : 310-056
Test designation : Certified Programmer for J2SE 5.0 Upgrade
Vendor designation : SUN
braindumps : 183 real Questions

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SUN Certified Programmer for J2SE

beginning the Java Certification technique | killexams.com real Questions and Pass4sure dumps

Like this text? They advocate 

Assuming that the above statements gain persuaded you that you should accumulate licensed in Java, how achieve you travel about it?

First you ought to execute a determination the category of job you are looking to obtain as a result of your certification. in the Java world, there are a couple of profession paths: Java programmer, Java developer, Java net component developer, Java architect, and many others. Your determination can breathe in line with market conditions, own selection, faded event, or competence set.

Then, of route, you exigency to near to a determination which certification agency to execute exhaust of. it's the difficult bit! despite attempts by using business giants to undertake requisites wherein Java specialists can breathe evaluated, determining which company to execute exhaust of for your certification assessments can silent breathe very puzzling. here sections talk about three of the proper Java certification businesses: jCert, solar (of course), and one I tremendously recommend: Brainbench.

jCert Certification

jCert supposedly combines the efforts of sun, IBM, and CIW (amongst other certifying companies), and acknowledges 4 "job roles":

  • net Developer. A developer who is "popular with Java" but "can't always write Java code."

  • Java Programmer. A developer who is largely "speakme customary" with the entire main Java concepts and is able to software in them.

  • Java solution Developer. A developer who can create "small and great purposes in a heterogeneous or internet ambiance." This exam requires Java Database Connectivity (JDBC) and business Java Beans (EJB) abilities.

  • enterprise Developer. A developer with extensive figuring out of totality features of disbursed enterprise construction.

  • The jCert website makes it limpid exactly which assessments a developer must spin with a view to breathe certified in any of the above categories. For the extra superior certifications, jCert requires precise abilities of at least one application server—something that units it other than the sun certification constitution.

    solar Certification

    sun acknowledges 4 very distinct roles from the jCert roles discussed above. There is not any correlation aside from the fact that the programmer assessments are equal. (complicated, is rarely it?)

  • sun licensed Programmer for the Java 2 Platform. For developers "trained in the fundamentals" of Java.

  • sun licensed Developer for the Java 2 Platform. For builders with "advanced talent" in J2SE.

  • note

    J2SE is common Java 2; J2EE is the business edition of Java 2.

  • solar internet component Developer for the J2EE Platform. For builders with JSP, net functions, and servlets journey.

  • solar certified enterprise Architect for the J2EE Platform. For architects chargeable for architecting and designing scalable, flexible, and enormously comfy J2EE applications.

  • Of course, sun certification remains by way of a long way the most widely recognized of the certification paths. it's huge in that it checks the skills of the candidate very smartly. It besides provides a public listing of certification on the net to which candidates can factor competencies employers via their résumés. youngsters tests can besides breathe purchased online, the candidate has to attend a certified Prometric core for the precise examination. solar certification is besides very lofty priced, with the solar certified Programmer examination costing $150, which can besides breathe an issue for an out-of-work programmer!

    Brainbench Certification

    Brainbench certification is a wholly distinct animal from both jCert and sun certification. For one component, Brainbench is not limited to Java certification—it goals to supply certification in 50–75 roles by using the finish of 2003. (It exigency to breathe nigh to having performed this aim, because it presently presents assessments in 425 distinctive odds from undertaking management to administrative assistant, some of them absolutely free!)

    here are among the many Java-linked "roles" that Brainbench acknowledges:

  • Brainbench licensed information superhighway skilled (BCIP) internet developer. To my mind, this is probably the most huge of the lower-degree certifications. It requires abilities of HTML, databases, and programming ideas, in addition to extensive capabilities of one programming language (which could, of route, breathe Java).

  • Java Programmer. however this title is similar to the lower-stage certifications of alternative organizations, I accept as proper with that here's the equivalent of the better of the sun developer exams—it requires huge expertise of at the least two of the advanced Java concepts in addition to a wide variety of basic Java/programming expertise.

  • it's viable to breathe Brainbench licensed devoid of finishing an entire "function." Brainbench offers a wide range of particular person Java checks, together with one each and every for J2EE, EJB 2.0, and JSP 2.0—making it the most efficient certification company i know of to provide professional exams on specific topics during this means . The habitual is extraordinarily excessive, and Brainbench offers a number of facilities aimed at assisting the pupil to move—boards during which that you could focus on issues with others who're taking the tests, locate apply checks and sources of coaching and counsel, and even access a "excellent rankings" enviornment the set or not it's feasible to peer the set you rank in the case of others in your region, nation, and even the world!

    Taking individual tests at Brainbench works out to breathe more cost-effective than most other certification methods, with $forty nine.ninety five the habitual freight of a test, and is extra handy than different classes since you can remove totality the checks over the web. however, they besides present a number of bumper applications, which execute Brainbench competitively priced for the cash! that you may accumulate free access to most of the apply exams (and some of the checks) with no mischance by means of signing up. For $249 per 12 months, which you can remove as many apply assessments as you adore (usually a habitual of $29 each and every) and as a variety of certification exams as you admire (however each and every certification examination can handiest breathe taken a set number of times).

    notice

    They even gain a deal for six months' membership, however the prices for that paraphernalia are in the system of altering.

    One beauty of Brainbench is that when you've paid your payment you can remove a verify in the comfort you feel you may move, even though you firstly simplest joined for the Java tests. which you could very with ease grow to breathe with an entire checklist of certifications so as to add to your résumé, which may additionally bump up your probabilities of getting the job you hope for. As with solar certification, should you pass a Brainbench certification, you accumulate a URL to set for your résumé in order that abilities employers can contemplate that you've passed.

    unless currently, want of trade recognition had decreased Brainbench's recognition. besides the fact that children, most of the Java-linked and different IT Brainbench certifications are actually counseled through the international site owners affiliation, which potential that these certifications are gaining recognition within the IT business. Many employers now understand that the exams provided by using Brainbench are by means of no potential effortless and can in reality point out expert popularity and skills in a selected enviornment.


    solar certified Java Programmer (SCJP) Certifications and courses | killexams.com real Questions and Pass4sure dumps

    Fundamentals of the Java Programming Language, Java SE 6

    This introductory path familiarizes college students with the Java interface and programming language as smartly as the stages in a product lifestyles cycle. college students besides learn the way to design and watch at various an software operating on Java expertise.

    Java Programming Language, Java SE 6

    college students during this type find out how to exhaust the Java programming language to design graphical user interfaces (GUIs), execute functions with Java expertise and deploy network connections. topics of sheperd encompass stream handle, array types, command-line arguments and threads. This course, together with the basics of Java programming classification, prepares students for OCP Java SE 6 Programmer certification checks.

    Java SE 7 Programming

    college students accumulate assistance for writing successful programs and working with Java's integrated evolution environment (IDE). extra course issues encompass Java type design, inheritance, StringBuilder and StringBuffer, textual content parsing and i/O with Java, amongst many others. college students who comprehensive the route could breathe prepared to exhaust Java to design object-oriented applications. here's one of the most courses designed to sequel together individuals for OCP Java SE 7 Programmer certification.

    Java SE eight Programming

    This practicing path familiarizes students with Java commonplace version (SE) eight Programming. sheperd covers fundamental language facets and software Programming Interfaces (API). students will learn how to exhaust Java SE eight to create object-oriented functions, with path themes including particular object-oriented skill building, Lambda expressions, and the newest JDK updates.


    suggestions On a way to pass the solar (Now Oracle) licensed Java Programmer (SCJP 6) | killexams.com real Questions and Pass4sure dumps

    I already passed the verify for “solar licensed Java Programmer (SCJP 6)” with 83 p.c after loads of time-consuming coaching. listed below are my experiences about doing the certification and the guidelines I can provide you. despite the fact now, the identify has modified to Oracle certified skilled, Java SE 6/SE 5 Programmer, i'm bound right here counsel will aid you.

    What when you retain in intelligence before starting Your coaching for the exam?
  • The coaching is a lot more time-consuming than i assumed, additionally for experienced Java developers.
  • You definitely enrich your programming talents a lot (As many different people, I doubted this reality after I began learning for the examination and looking out at these difficult, non-functional code snippets).
  • you should definitely achieve the preparation and examine in English language – pretty much no respectable non-English supplies are available. as a minimum, i can communicate for the German language.
  • don't custody about the score. personally, I additionally don't care  – I simply wanted to spin the exam. but i was organized very neatly and a few incorrect answers happened simplest as a result of some questions are not limpid for my part. E.g. the questions about encapsulation, coupling, inheritance and cohesion aren't limpid – now and again a number of reply seem to breathe commandeer to me.
  • My (dangerous) Experiences with the “Prometric examine middle”

    I contacted Prometric, and i bought here reply: “Please breathe suggested that Prometric doesn't ship out invoices in a corporation identify. The file is in the candidate identify and hence the receipt is at totality times addressed to the candidate.”

     

    Which supplies if you befall to exhaust to prepare for the examination?

    individually, right here three materials are satisfactory (and besides there isn't any respectable choice):

  • The publication “SCJP sun licensed Programmer for Java 6 resolve e book” (writer: Kathy Sierra): This publication explains every crucial fact for the exam. It besides consists of some functional braindumpsmp;A and two replete mock exams.
  • SCJP forum at www.coderanch.com: I bought a solution to every question inside twelve hours. incredible!
  • ExamLab: Some (very difficult) mock exams, for gratis. I reflect you deserve to achieve some of those because the ones covered by means of the above reserve achieve not comprise totality pitfalls. beware: These mock questions are very difficult! if you can attain 50 percent here, you are going to likely pass the actual exam.
  • I insinuate each Java developer to achieve the exam,  but when you gain got time to prepare only after travail or at the weekend, diagram at least six months for it.

    In 2011 or 2012 I diagram to execute the SCEA, so they can likely breathe much more work.

    if in case you gain any feedback about my experiences, let me breathe vigilant of…

    most excellent regards,Kai Wähner (Twitter: @KaiWaehner)

    [Content from my Blog: Hints on how to pass the Sun (now Oracle) Certified Java Programmer (SCJP 6) - Kai Wähner's IT-Blog]

    subject matters:

    sql ,j2ee ,solar ,oracle ,java se ,it certification ,scjp ,database ,java ee


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    Introduction to the Java Programming Language | killexams.com real questions and Pass4sure dumps

    Java Tutorial - java language

    Introduction to Java Programming Language

    Java is a general-purpose, object-oriented programming language designed for the evolution of software for consumer electronic devices, such as TVs, VCRs, toasters, etc.

    Java is a platform neutral language, which means that it is not tied to any particular hardware or operating system. It guarantees users to ‘write once, Run anywhere.' The Java language is supported by almost every operating system, such as Sun Solaris, RedHat, Windows, etc.

    Java Tutorial- Introduction of java programming laguage

    The Java programming language was developed by Sun Microsystems of the USA in 1991, it was originally called Oak by James Gosling, who was one of the inventors of the language. The main goal for the developers was to execute the language highly reliable, portable and simple.

    The team for the evolution of Java language included Patrick Naughton, who discovered that the existing languages such as C and C++ had some major drawbacks in terms of reliability and portability. They modeled the new language Java on C and C++, while removing some features that they considered constraints. This made Java a really simple, portable, and powerful language. To learn Java basics, let’s revise the Java syntax.

    The History of Java

    There is a chronicle of events that occurred during the course of evolution of the Java language.

  • 1990: A team of Sun Microsystems programmers decided to develop a special software to exploit consumer electronic devices. The team headed by James Gosling.
  • 1991: The team studied various languages present at that time, viz., C, and C++, and announced the new language to breathe “Oak.”
  • 1992: The team at Sun, known as the Green Project, demonstrated the application of their new language, for example, to control a list of home appliances using a hand device with the tiny touchscreen.
  • 1993: The World Wide Web came to the Internet and transformed the text-based Internet into a graphical, loaded environment. The Green Project team came up with an conception of developing Web applets (tiny programs) that could Run on totality types of computers connected to the Internet.
  • 1994: The team developed a web browser called “HotJava” to locate and Run applet programs on the Internet. This made it immensely common amongst Internet users.
  • 1995: Oak was renamed as “Java,” due to some legal snags. Java is the designation and not an acronym.
  • 1996: Java programming was established as the leader for Internet programming and besides as a general-purpose, object-oriented programming language. Sun released the Java evolution Kit 1.0.
  • 1997: Sun releases the Java evolution Kit 1.1 (JDK 1.1)
  • 1998: Sun releases Java 2 with version 1.2 of the Software evolution Kit (SD K 1.2)
  • 1999: Sun releases the Java 2 platform, gauge Edition (J2SE), and Enterprise Edition (J2EE)
  • 2000: Sun releases J2SE with SDK 1.3.
  • 2002: Sun releases J2SE with SDK 1.4.
  • 2004: This marked the release of J2SE with JDK 5.0 (instead of JDK 1.5), known as J2SE 5.0.
  • 2006- Sun releases Java SE 6.
  • 2011: Sun releases Java SE 7.
  • 2014: Sun releases Java SE 8.
  • 2017: Sun releases Java SE 9.
  • Features of Java Programming

    Java tutorial- Features of java

    The main goal was to design a language that could proffer solutions to problems encountered in modern programming. The goal was for the language to breathe reliable, portable, and distributed, and at the selfsame time, it needed to breathe simple, compact, and interactive.

    Compiled and Interpreted

    Java language combines both of these approaches, thus making Java a two-stage system. This approach was never offered before, as any language before was either compiled or interpreted.

    Firstly, the Java compiler translates source code into bytecode instructions; bytecodes are not machine instructions.

    Secondly, the Java interpreter generates machine code that can breathe directly executed by the machine that is running the Java program.

    Independent and Portable 

    Java programs can breathe easily moved from one system to another, anywhere and anytime. With changes or an upgrade in the operating system, processors and system resources will not force any changes in Java programs.

    Java programming ensures portability in two ways. Firstly, Java compiler generates bytecode instructions that can breathe implemented on any machine, and secondly, the size of the primitive data types are machine independent.

    Object-Oriented

    Almost everything in Java language is an object, which makes it a proper object-oriented language. totality program code and data reside within objects and classes. Java comes with an extensive set of classes that are arranged in packages, which can breathe used in program inheritance.

    Robust and Secure

    Java provides many safeguards to ensure reliable code. It has strict run-time, checking for data types. It is designed relish a garbage collected language, i.e., it captures sequence errors and eliminates any risk of crashing the system.

    Java systems verify totality the reminiscence access and, thus, ensure that no virus is communicated with an applet.

    Distributed

    Java programming facilitates both the sharing of data and programs. Java applications can open and access remote objects on the Internet as easily as on any local system.

    Simple, Small, and Familiar

    Java is a simplified version of C++, which is why it is familiar and yet different as it eliminates totality the redundant and unreliable code. For example, Java does not exhaust pointers, preprocessor header files, and many others. It besides eliminates operator overloading and multiple inheritances in Java.

    Multithreaded and Interactive

    Multithreaded means handling different tasks simultaneously. Java language supports multithreaded programs, which means that they exigency not gain to wait for one stint to finish for another to start. This feature of Java greatly improves the interactive performance of graphical applications.

    High Performance

    Java programming performance is very impressive, considering the fact that is an interpreted language, mainly because of the bytecodes. Java architecture is designed to reduce overheads.

    Dynamic and Extensible

    Java is a dynamic language; it is capable of dynamically linking in new class libraries, methods, and objects. It can besides determine the type of class through a query.

    Ease of Development

    Java 2 gauge edition (J2SE) 5.0 supports features such as Generics, Enhanced for loop, Autoboxing or unboxing, Typesafe enums, varargs, Static import, and Annotation. These Java features execute it effortless for Java programmers by shifting the responsibility of creating the reusable code to the compiler, and also, the resulting code is free from bugs.

    Scalability and Performance

    J2SE 5.0 improves the startup time and reduces the amount of reminiscence used in the Java 2 runtime environment. Learn more features of Java here.

    Comparison:  C Vs. Java Vs. C++

    Java tutorial - C and C++ and Java

    C Vs. Java

    The major dissimilarity between C and Java is that Java is an object-oriented language and has a mechanism to define classes and objects in Java. The features of C that are not included in Java are:

  • No unique statement keywords of C size and typedef
  • No data types, such as struct  and union.
  • Java does not define the type modifier keywords, such as auto, extern, register, signed and  unsigned.
  • No uphold for the pointertype
  • Non-availability of preprocessor
  • Java requires that the office with no dispute must breathe declared with empty parenthesis and with the void keyword.
  • New Java operators, such as  instanceof and >>>.
  • Java programming has labeled fracture and continue statements.
  • Java Vs. C++

    The main dissimilarity between C++ and Java is that Java is a proper object-oriented language while C++ just adds an object-oriented extension to C. The increment operator in C++ indicates the selfsame thing.

    The features listed below are intentionally omitted from Java to execute it better.

  • No uphold for operator overloading.
  • No template classes as in C++.
  • A new feature called “interface” in Java programming that does not uphold multiple inheritances.
  • Java language does not uphold global variables.
  • Java uses a  finalize() function instead of the destructor function.
  • There are no header files in Java programming.
  • Let’s discuss Java Regular Expression and Java Array here.

    Java Language and the Internet

    Java language & Internet - Java Tutorial

    Java is often called the "Internet language" because the first application program written in Java was HotJava, a web browser used to Run applets on the Internet. Internet users can exhaust Java to create applets and Run them locally using HotJava. A Java-enabled browser to download an applet located anywhere on the Internet can besides breathe used.

    Java applets gain made the Internet a proper extension of the storage system on local computers. Internet users can besides set up their websites containing Java applets that could breathe used by remote users.

    Java Programming and World Wide Web

    Java Tutorial contains Java with WWW

    World Wide Web (www) is an information retrieval system where any information or file is identified as Uniform source Locators (URLs) and are interlinked via hypertext links.  WWW can breathe accessed with the befriend of internet.

    Internet and Java programming both had the selfsame philosophy, and thus, they were incorporated with each other easily. Java made it workable for the World Wide Web to uphold animation, graphics, games, and a wide range of special effects.

    To communicate with any web page, Java uses APPLETs. The steps involved are:

  • The user requests for a hyperlink document to remote computer’s web server. (a web server receives, processes, and sends the requested document)
  • The document contains the APPLET tag, which identifies the applet.
  • Java source code file compiles the bytecode for that applet, which is then transferred to user’s computer.
  • The browser is enabled by Java and then interprets the bytecode and provides the output.
  • Java uphold Systems

    The operations of Java and Java-enabled browsers on the Internet require a variety of uphold systems, namely:

  • Internet Connection
  • Web server
  • Web Browser
  • HTML— a language for creating hypertext for the web
  • APPLET tag
  • Java code
  • Bytecode
  • Proxy Server — an intermediate server between the requesting client workstation and the original server
  • Mail Server
  • The Java Environment

    The Java environment includes a large number of Java development tools and Java classes and methods.

    The Java evolution tools are section of the system known as the Java evolution Kit (JDK), and the classes and the methods in Java are a section of the Java gauge Library (JSL), besides known as the Application Programming Interface (API).

    Java evolution Kit (JDK)

    The Java evolution Kit includes:

  • appletviewer (for viewing Java applets)
  • javac ( Java compiler)
  • java ( Java interpreter )
  • javap ( Java disassembler )
  • javah ( for C header files)
  • javadoc ( for creating HTML files )
  • jdb ( Java debugger )
  • Application Programming Interface

    The Java gauge Library includes classes and packages, some most commonly used packages are the Language uphold Packages. This is a collection of Java classes and methods required for implementing basic features of Java.

  • Utility Package — To provide Java utility functions
  • Input/output Package — For Java input/output manipulation
  • Networking Package — For communicating via the Internet
  • AWT Package — The abstract window toolkit package contains classes that implement a platform-independent, graphical user interface.
  • Applet Package — this allows us to create Java applets.
  • Java Runtime Environment

    The java Runtime Environment facilitates the execution of Java programs, comprising the Java Virtual Machine (JVM). The JVM interprets the intermediate Java bytecode and generates the desired output.

  • Runtime class libraries — These are a set of core Java class libraries for execution of the Java program.
  • User interface toolkits — These are used for interaction with the Java application program.
  • Deployment technologies
  • 1) Java plugin — This enables the execution of a Java applet.

    2) Java Web start — This enables an application to directly launch from the web browser without installing. Learn more about Java Datatypes and Java Modifiers here.

    Java Constructs

    Constructs are basically reserved keywords in any language, which cannot breathe used in comfort of the programs, i.e., a designation of variables in Java, class, or method. Java has around 50 such words, they include:

    abstract for new enum super assert goto package extends switch boolean if private final synchronized break implements protected finally this byte import public float throw case instance of continue while throws catch int default return transient char interface do short try class long double static void const native else strictfp volatile Conclusion

    Finally, In this Java guide, they scholarly about the history of Java programming language, important Java features, how Java is different from C and C++, how it is incorporated in World Wide Web with befriend of Web browsers, and the environment required for running Java applications. Hope this helps. Let us know what you reflect in the coments below!


    CoreCivic Reports Fourth Quarter and replete Year 2018 pecuniary Results | killexams.com real questions and Pass4sure dumps

    NASHVILLE, Tenn., Feb. 19, 2019 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:  CXW) (the Company) announced its pecuniary results for the fourth quarter and replete year 2018.

    Damon T. Hininger, CoreCivic's President and Chief Executive Officer, said, "Our fourth quarter pecuniary performance was in-line with their expectations, reflecting continued top-line growth across totality three of their business segments.  Our CoreCivic Safety segment is benefitting from increased needs from their state and federal partners, and recent acquisitions in their CoreCivic Properties and Community segments are driving attractive returns.”

    "Through prudent capital allocation, they gain grown the footprint of their Community and Properties segments and positioned their portfolio to create long-term shareholder value, while besides expanding the scope of innovative, problem-solving services they can deliver to their government partners.  They contemplate opportunities to continue to execute on their strategy and further diversify in the coming year, and their 2019 pecuniary guidance reflects their expectations for accelerated incremental growth," Hininger said.

    Net income generated in the fourth quarter of 2018 totaled $41.2 million, or $0.35 per diluted share, compared with $41.3 million, or $0.35 per diluted share, in the fourth quarter of 2017.  Adjusted for special items, net income in the fourth quarter of 2018 was $48.1 million, or $0.40 per diluted partake (Adjusted Diluted EPS), compared with adjusted net income in the fourth quarter of 2017 of $46.9 million, or $0.40 per diluted share.  Special items in the fourth quarter of 2018 included a $6.1 million freight for contingent consideration associated with the acquisition in 2017 of residential reentry service provider Time to Change, Inc., based on pecuniary performance that was better than estimated, and expenses associated with mergers and acquisitions (M&A) of $0.8 million.  Special items in the fourth quarter of 2017 included charges of $4.5 million associated with the revaluation of deferred tax assets and liabilities and other taxes resulting from the passage of the Tax Cuts and Jobs Act in December 2017 and expenses associated with M&A of $1.0 million. 

    Funds From Operations (FFO) was $68.2 million, or $0.57 per diluted share, in the fourth quarter of 2018, compared to $65.8 million, or $0.56 per diluted share, in the fourth quarter of 2017.  Normalized FFO, which excludes the special items described above, was $75.1 million, or $0.63 per diluted share, in the fourth quarter of 2018, compared with $71.4 million, or $0.60 per diluted share, in the fourth quarter of 2017.

    Per partake results in the fourth quarter of 2018, compared with the fourth quarter of 2017 were positively impacted primarily by increased utilization of existing contracts with the U.S. Marshals Service (USMS), contributions from recent acquisitions, and business from newly signed state and federal contracts, which together offset continued, expected declines in California prisoner populations.  pecuniary results in the fourth quarter of 2018, when compared with the fourth quarter of 2017, were besides impacted by increased interest expense and higher salary and benefits expenses.  The augment in interest expense impacted their pecuniary results by approximately $0.03 per partake as a result of the combination of higher interest rates and a higher average debt balance resulting from acquisitions.

    EBITDA was $105.3 million in the fourth quarter of 2018, compared with $103.0 million in the fourth quarter of 2017.  Adjusted EBITDA was $106.7 million in the fourth quarter of 2018, compared with $98.4 million in the fourth quarter of 2017.  Adjusted EBITDA excludes the non-tax special items described above and includes the portion of rental payments for the South Texas Family Residential heart (STFRC) that is classified as depreciation and interest expense in their consolidated pecuniary statements.

    Adjusted Net Income, EBITDA, Adjusted EBITDA, FFO, and Normalized FFO, and, where appropriate, their corresponding per partake amounts, are measures calculated and presented on the basis of methodologies other than in accordance with generally accepted accounting principles (GAAP).  gladden mention to the Supplemental pecuniary Information and related note following the pecuniary statements herein for further discussion and reconciliations of these measures to net income, the most directly comparable GAAP measure.

    CoreCivic Safety

    Total revenue for the CoreCivic Safety portfolio in the fourth quarter of 2018 was $436.0 million compared with $409.8 million in the fourth quarter of 2017, or a 6.4% increase.  The augment in revenue principally resulted from the following events:

  • $17.0 million of additional revenue compared to the prior year quarter under new contracts with the USMS and U.S. Immigration and Customs Enforcement (ICE) at their La Palma Correctional heart in Arizona and their Tallahatchie County Correctional Facility in Mississippi.
  • $12.4 million of additional revenue compared to the prior year quarter under existing contracts with the USMS and ICE due to higher average compensated occupancy rates across their facility portfolio.
  • $10.3 million of additional revenue compared with the prior year quarter under new contracts with the states of Kentucky, Nevada, Ohio, South Carolina, Vermont and Wyoming.
  • Partially offsetting these increases in revenue was the continued, expected decline in inmate populations from the state of California, which resulted in a reduction to revenue of $14.6 million from the prior year quarter.  We are supercilious to gain provided a censorious relief valve for many years for California, whose prisons system capacity was once at 200 percent and its conditions in 2011 were deemed unconstitutional.

    CoreCivic Community

    Total revenue for the CoreCivic Community portfolio in the fourth quarter of 2018 was $27.2 million, compared with $20.4 million in the fourth quarter of 2017, or a 33.1% increase.  The augment in revenue principally resulted from the January 2018 acquisition of Rocky Mountain Offender Management Systems, LLC and the December 2018 acquisition of Recovery Monitoring Solutions Corporation, which, combined, contributed $6.0 million of additional revenue in the fourth quarter of 2018.  These two acquisitions further diversify the Company's cash flows and expand the scope of services provided to its government partners to comprehend alternatives to incarceration through electronic monitoring, as well as case management services.  Management believes the require for these services will continue to grow as government agencies hunt to augment evidence-based programs and services to reduce recidivism and better prepare offenders for reentry.

    CoreCivic Properties

    Total revenue for the CoreCivic Properties portfolio in the fourth quarter of 2018 was $19.0 million compared with $10.3 million in the fourth quarter of 2017, an augment of 83.7%.  The augment in revenue principally resulted from the previously announced acquisitions of:

  • Capital Commerce Center, a 260,867 square-foot property in Tallahassee, Florida leased primarily to an agency of the state of Florida, completed in January 2018.
  • A twelve-property portfolio of single-tenant properties comprising a total of 106,881 square feet, each separately leased to the federal government, completed in July 2018.
  • SSA-Baltimore, a 540,566 square foot property in Baltimore, Maryland leased to the gregarious Security Administration (SSA) through the common Services Administration (GSA), completed in August 2018.
  • IRS-Dayton NARA, a 217,394 square-foot steel frame property in Dayton, Ohio leased to the National Archives and Records Administration (NARA) through the GSA, completed in September 2018.
  • Business evolution Update

    Community Segment

    Acquisition of Recovery Monitoring Solutions Corporation.  On December 1, 2018, the Company completed the acquisition of Recovery Monitoring Solutions Corporation, which provides non-residential correctional alternatives, including electronic monitoring and case management services, to municipal, county, and state governments in four states: Texas, Oklahoma, Iowa and Minnesota.  The aggregate purchase expense was $15.9 million, excluding transaction-related expenses.

    Offender Reentry and Rehabilitation Services – 2018 Achievements

    CoreCivic is committed to helping those entrusted to its custody with the services, uphold and resources necessary to return to the community as productive, contributing members of society.  To that end, CoreCivic provides a wide range of evidence-based reentry programs and activities at its facilities.  Through these offerings, offenders gain the chance to enhance their education, pursue vocational or technical certifications, obtain necessary job skills and complete evidence-based treatment programs.

    Thanks to the dedication of CoreCivic teachers, counselors, case managers, chaplains, and other offender uphold service professionals, the program highlights during 2018 include:

  • The total number of offenders in CoreCivic facilities who passed lofty school equivalency exams totaled 1,653.
  • The Crowley County Correctional Facility led the state of Colorado in GED completions for the second consecutive year.
  • 4,712 offenders earned National heart for Construction Education and Research career and technical education certificates, a 5% augment from 2017.
  • 2,023 offenders completed evidence-based core misuse recovery and treatment programs, a 10% augment from 2017.  CoreCivic offers programs with proven clinical outcomes, such as the Residential Drug misuse Program, using both Residential Therapeutic Community models and intensive outpatient programs. 
  • The "Go Further" reentry process, introduced in 2017, expanded from five to thirteen CoreCivic facilities and offenders achieved 2,521 cognitive/behavioral evidence-based journal completions.  The program supplements their facility reentry programs by adding a proprietary cognitive/behavioral curriculum, and encourages staff and offenders to remove a collaborative approach to assist in reentry preparations.
  • Additional reentry programs that gain proven to augment the chances for successful offender reentry are victim repercussion and faith based reentry programs.  CoreCivic's victim repercussion programs befriend offenders more deeply understand how their crimes gain impacted their victims, family, friends and community in order to gain a more holistic awareness of the repercussion of their action.  In 2018, 996 offenders completed Victim repercussion Programs.  CoreCivic's faith based reentry program is called Threshold and is a 26-week program which teaches participants how to cultivate positive relationships with themselves and others, while improving their decision-making.  In 2018, 868 offenders completed the Threshold program.
  • In 2018, through a partnership with Fuel Education, a company that specializes in digital learning opportunities, they began offering an online Information uphold and Services computer program at their Lee Adjustment Center, which allows students to enhance their computer knowledge.  The program was developed in coordination with the Kentucky Department of Corrections.  Students who successfully complete the 10-month program will breathe awarded a base National Occupational Competency Testing Institute (NOCTI) credential with the chance to rate an advanced NOCTI credential in the future.
  • In 2018, CoreCivic actively supported and advocated for the passage of the First Step Act, which was signed into law in December 2018.  The legislation provides expanded resources aimed at helping inmates at the federal smooth more successfully reenter their communities and remain out of prison, which is aligned with their mission of helping address America's recidivism crisis.
  •              The CoreCivic management team is supercilious of the employees who provide these impactful programs to the men and women entrusted to its custody and believes that these programs are making a dissimilarity in reducing recidivism in America.  For more information on reentry programming gladden visit the Reentry section of their website (http://www.corecivic.com/).

    Property Segment

    In January 2019, the Company successfully achieved Leadership in Energy and Environmental Design (LEED) - Gold Certification by the U.S. Green pile Council for its SSA-Baltimore property, a property acquired in August 2018.  LEED is an internationally recognized certification system that measures how well a pile performs across various categories including energy savings, water efficiency, carbon dioxide emissions reduction, improved environmental indoor quality, and stewardship of resources and sensitivity to their impacts.

    2019 pecuniary Guidance

    Based on current business conditions the Company is providing the following pecuniary guidance for the first quarter 2019 and the replete year 2019:

      First Quarter 2019 Full Year 2019 $0.36 to $0.37 $1.43 to $1.51
  • Adjusted EPS per diluted share
  • $0.36 to $0.38 $1.45 to $1.54 $0.58 to $0.59 $2.34 to $2.42
  • Normalized FFO per diluted share
  • $0.58 to $0.60 $2.36 to $2.44

    During 2019, the Company expects to invest approximately $186.5 million to $197.0 million in capital expenditures, consisting of approximately $125.0 million to $130.0 million in prison construction and expansion costs, including primarily costs associated with the construction project in Lansing, Kansas and the expansion of the Otay Mesa Detention Center; approximately $30.0 million to $30.5 million in maintenance capital expenditures on real estate assets; approximately $26.0 million to $31.0 million for capital expenditures on other assets and information technology; and $5.5 million for the relocation of the Company's headquarters.  Although they gain an lively pipeline and continue to identify investment opportunities in both their Properties and Community segments, these estimates exclude M&A activity.

    Supplemental pecuniary Information and Investor Presentations

    We gain made available on their website supplemental pecuniary information and other data for the fourth quarter and replete year 2018.  Interested parties may access this information through their website at http://ir.corecivic.com/ under “Financial Information” of the Investors section.  They achieve not undertake any obligation, and disclaim any duties to update any of the information disclosed in this report. 

    Management may meet with investors from time to time during the first quarter of 2019.  Written materials used in the investor presentations will besides breathe available on their website dawn on or about February 25, 2019.  Interested parties may access this information through their website at http://ir.corecivic.com/ under “Events & Presentations” of the Investors section.

    Webcast and Replay Information

    The Company will host a webcast conference convene at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on Wednesday, February 20, 2019, to argue their fourth quarter 2018 pecuniary results and replete year 2019 outlook.  Interested parties may access this information through their website at http://ir.corecivic.com/ under “Events & Presentations” of the Investors page.  The conference convene will breathe archived on their website following the completion of the call.  In addition, there will breathe a telephonic replay available dawn at 1:00 p.m. Central Time (2:00 p.m. Eastern Time) on February 20, 2019, through 1:00 p.m. Central Time (2:00 p.m. Eastern time) on February 28, 2019.  To access the telephonic replay, dial 888-203-1112 in the U.S. and Canada.  International callers may dial +1 719-457-0820 and enter passcode 7645023.

    About CoreCivic

    The Company is a diversified government solutions company with the scale and suffer needed to solve tough government challenges in springy cost-effective ways. They provide a broad range of solutions to government partners that serve the public well-behaved through corrections and detention management, a growing network of residential reentry centers to befriend address America’s recidivism crisis, and government real estate solutions. They are a publicly traded real estate investment trust (REIT) and the nation’s largest owner of partnership correctional, detention and residential reentry facilities. They besides believe they are the largest private owner of real estate used by U.S. government agencies.  The Company has been a springy and dependable confederate for government for more than 35 years. Their employees are driven by a abysmal sense of service, lofty standards of professionalism and a responsibility to befriend government better the public good. Learn more at http://www.corecivic.com/.

    Forward-Looking Statements

    This press release contains statements as to their beliefs and expectations of the outcome of future events that are "forward-looking" statements within the import of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. These include, but are not limited to, the risks and uncertainties associated with: (i)  common economic and market conditions, including, but not limited to, the repercussion governmental budgets can gain on their condense renewals and renegotiations, per diem rates, and occupancy; (ii) fluctuations in their operating results because of, among other things, changes in occupancy levels, competition, condense renegotiations or terminations, increases in costs of operations, fluctuations in interest rates and risks of operations; (iii) our competence to obtain and maintain correctional, detention, and residential reentry facility management contracts because of reasons including, but not limited to, sufficient governmental appropriations, condense compliance, negative publicity, and effects of inmate disturbances; (iv) changes in the privatization of the corrections and detention industry, the public acceptance of their services, the timing of the opening of new facilities and the commencement of new management contracts, as well as their competence to utilize current available beds; (v) changes in government policy regarding the utilization of the private sector for corrections, detention, and residential reentry capacity and their services; (vi) changes in government policy and in legislation and regulation of corrections and detention contractors that influence their business, including but not limited to, the continued utilization of the South Texas Family Residential heart (STFRC) by ICE under terms of the current contract, and the repercussion of any changes to immigration reform and sentencing laws (Our company does not, under longstanding policy, lobby for or against policies or legislation that would determine the basis for, or duration of, an individual's incarceration or detention.); (vii) their competence to successfully identify and consummate future acquisitions and their competence to successfully integrate the operations of completed acquisitions and realize projected returns resulting therefrom; (viii)  increases in costs to develop or expand real estate properties that exceed original estimates, or the inability to complete such projects on schedule as a result of various factors, many of which are beyond their control, such as weather, labor conditions, cost inflation, and material shortages, resulting in increased construction costs; (ix) their competence to meet and maintain qualification for taxation as a REIT; and (x) the availability of debt and equity financing on terms that are propitious to us, or at all. Other factors that could cause operating and pecuniary results to differ are described in the filings they execute from time to time with the Securities and Exchange Commission.

    CoreCivic takes no responsibility for updating the information contained in this press release following the date hereof to reflect events or circumstances occurring after the date hereof or the episode of unanticipated events or for any changes or modifications made to this press release or the information contained herein by any third-parties, including, but not limited to, any wire or internet services.

    CORECIVIC, INC. AND SUBSIDIARIESCONSOLIDATED balance SHEETS(UNAUDITED AND AMOUNTS IN THOUSANDS, EXCEPT PER partake AMOUNTS)

    ASSETS   December 31,2018   December 31,2017             Cash and cash equivalents   $   52,802     $   52,183   Restricted cash     21,335         -   Accounts receivable, net of allowance of $2,542 and $782, respectively     270,597         254,188   Prepaid expenses and other current assets     28,791         21,119     Total current assets     373,525         327,490   Real estate and related assets:               Property and equipment, net of accumulated depreciation of $1,516,664 and $1,393,066, respectively     2,830,589         2,546,844   Other real estate assets     247,223         255,605   Goodwill     48,169         40,927   Non-current deferred tax assets     14,947         12,814   Other assets     141,207         88,718                     Total assets   $   3,655,660     $   3,272,398                   LIABILITIES AND STOCKHOLDERS’ EQUITY                               Accounts payable and accrued expenses   $   350,087     $   277,804   Income taxes payable     2,188         3,034   Current portion of long-term debt     14,121         10,000     Total current liabilities     366,396         290,838                   Long-term debt, net     1,787,555         1,437,187   Deferred revenue     26,102         39,735   Other liabilities     60,548         53,030                     Total liabilities     2,240,601         1,820,790                   Commitments and contingencies                               Preferred stock ― $0.01 par value; 50,000 shares authorized; nonexistent issued and outstanding at December 31, 2018 and 2017, respectively     -           - Common stock ― $0.01 par value; 300,000 shares authorized; 118,674 and 118,204 shares issued and outstanding at December 31, 2018 and 2017, respectively  

     

     

      1,187         1,182   Additional paid-in capital     1,807,202         1,794,713   Accumulated deficit     (393,330 )       (344,287 )                   Total stockholders’ equity     1,415,059         1,451,608                     Total liabilities and stockholders’ equity   $   3,655,660     $   3,272,398  

    CORECIVIC, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS(UNAUDITED AND AMOUNTS IN THOUSANDS, EXCEPT PER partake AMOUNTS)

        For the Three Months EndedDecember 31,     For the Twelve Months EndedDecember 31,       2018   2017   2018   2017                             REVENUES:                             Safety     435,979     409,785       1,675,998         1,648,224     Community      27,190       20,431       101,841         74,263     Properties     19,002       10,346       57,899         40,440     Other   22     14     28       2,571       482,193     440,576     1,835,766       1,765,498                               EXPENSES:                             Operating                             Safety   316,748     291,544     1,222,418       1,185,621     Community   19,863     14,003     76,898       51,501     Properties   5,114     3,806     15,420       11,831     Other     76        119       514         584     Total operating expenses   341,801     309,472     1,315,250       1,249,537     common and administrative     29,271     28,276       106,865          107,822     Depreciation and amortization     40,387       37,565       156,501         147,129     Contingent consideration for acquisition of businesses   6,085     -     6,085       -     Asset impairments     -     -       1,580         614         417,544     375,313       1,586,281         1,505,102                               OPERATING INCOME   64,649     65,263       249,485       260,396                               OTHER (INCOME) EXPENSE:                           Interest expense, net     22,145       18,394       80,753       68,535   Expenses associated with debt refinancing transactions   -     -     1,016        -   Other (income) expense    117       18       156         (90 )       22,262     18,412       81,925         68,445                               INCOME BEFORE INCOME TAXES   42,387       46,851       167,560         191,951                                 Income tax expense      (1,148 )     (5,511 )      (8,353 )        (13,911 )                              NET INCOME   $    41,239     $   41,340     $   159,207     $   178,040                                                           BASIC EARNINGS PER SHARE   $    0.35     $   0.35     $    1.34     $    1.51                                                           DILUTED EARNINGS PER SHARE   $    0.35     $   0.35     $    1.34     $   1.50                               DIVIDENDS DECLARED PER SHARE   $    0.43     $   0.42     $    1.72     $   1.68  

    CORECIVIC, INC. AND SUBSIDIARIESSUPPLEMENTAL pecuniary INFORMATION (UNAUDITED AND AMOUNTS IN THOUSANDS, EXCEPT PER partake AMOUNTS)

    CALCULATION OF ADJUSTED NET INCOME AND ADJUSTED DILUTED EPS

      For the Three Months EndedDecember 31,   For the Twelve Months EndedDecember 31,   2018   2017   2018   2017                 Net income $   41,239   $   41,340   $   159,207   $   178,040 Special items:               Expenses associated with debt refinancing transactions -   -   1,016   - Charges associated with adoption of tax reform -   4,548   1,024   4,548 Expenses associated with mergers and acquisitions 763   1,006   3,096   2,530 Contingent consideration for acquisition of businesses 6,085   -   6,085   - Asset impairments -   -   1,580   614 Adjusted net income $   48,087   $   46,894   $   172,008   $   185,732 Weighted average common shares outstanding – basic 118,669   118,203   118,544   118,084 Effect of dilutive securities:               Stock options 73   180   111   310 Restricted stock-based awards 111   98   61   71 Weighted average shares and assumed conversions - diluted 118,853   118,481   118,716   118,465 Adjusted Diluted Earnings Per Share $   0.40   $   0.40   $   1.45   $   1.57

    CORECIVIC, INC. AND SUBSIDIARIESSUPPLEMENTAL pecuniary INFORMATION (UNAUDITED AND AMOUNTS IN THOUSANDS, EXCEPT PER partake AMOUNTS)

    CALCULATION OF FUNDS FROM OPERATIONS AND NORMALIZED FUNDS FROM OPERATIONS

      For the Three Months EndedDecember 31,   For the Twelve Months EndedDecember 31,   2018   2017   2018   2017                 Net income $   41,239   $   41,340   $   159,207   $   178,040 Depreciation and amortization of real estate assets 26,982   24,485   101,771   95,902 Impairment of real estate assets -   -   1,580   355 Funds From Operations $   68,221   $   65,825   $   262,558   $   274,297                 Expenses associated with debt refinancing transactions -   -   1,016   - Charges associated with adoption of tax reform -   4,548   1,024   4,548 Expenses associated with mergers and acquisitions 763   1,006   3,096   2,530 Contingent consideration for acquisition of businesses 6,085   -   6,085   - Goodwill and other impairments -   -   -   259 Normalized Funds From Operations $   75,069   $   71,379   $   273,779   $   281,634                 Funds From Operations Per Diluted Share $   0.57   $   0.56   $   2.21   $   2.32 Normalized Funds From Operations Per Diluted Share $   0.63   $   0.60   $   2.31   $   2.38

    CORECIVIC, INC. AND SUBSIDIARIESSUPPLEMENTAL pecuniary INFORMATION (UNAUDITED AND AMOUNTS IN THOUSANDS, EXCEPT PER partake AMOUNTS)

    CALCULATION OF EBITDA AND ADJUSTED EBITDA

      For the Three Months EndedDecember 31,   For the Twelve Months EndedDecember 31,   2018   2017   2018   2017                           Net income $   41,239     $   41,340     $   159,207     $   178,040   Interest expense 22,518     18,617     82,129       69,507   Depreciation and amortization 40,387     37,565     156,501       147,129   Income tax expense 1,148     5,511     8,353       13,911   EBITDA $   105,292     $   103,033     $   406,190     $   408,587   Expenses associated with debt refinancing transactions -     -     1,016       -   Expenses associated with mergers and acquisitions 763     1,006     3,096       2,530   Contingent consideration for acquisition of businesses 6,085     -     6,085       -   Depreciation expense associated with STFRC lease (4,147 )   (4,147 )   (16,453 )     (16,453 ) Interest expense associated with STFRC lease (1,294 )   (1,535 )   (5,562 )     (6,425 ) Asset impairments -     -     1,580       614   Adjusted EBITDA $   106,699     $   98,357     $   395,952     $   388,853  

    CORECIVIC, INC. AND SUBSIDIARIESSUPPLEMENTAL pecuniary INFORMATION (UNAUDITED AND AMOUNTS IN THOUSANDS, EXCEPT PER partake AMOUNTS)

    CALCULATION OF ADJUSTED NET INCOME, NORMALIZED FUNDS FROM OPERATIONS, EBITDA & ADJUSTED EBITDA GUIDANCE

      For the Quarter Ending   For the Year Ending    March 31, 2019     December 31, 2019     Low finish of Guidance   High finish of Guidance   Low finish of Guidance   High finish of Guidance Net income $ 42,280   $ 44,280   $ 170,120   $ 180,120 Expenses associated with mergers and acquisitions 720   720   2,880   2,880 Adjusted net income $ 43,000   $ 45,000   $ 173,000   $ 183,000                 Net income $ 42,280   $ 44,280   $ 170,120   $ 180,120 Depreciation and amortization of real estate assets 26,500   26,500   108,000   108,000 Funds From Operations $ 68,780   $ 70,780   $ 278,120   $ 288,120 Expenses associated with mergers and acquisitions 720   720   2,880   2,880 Normalized Funds From Operations $ 69,500   $ 71,500   $ 281,000   $ 291,000 Diluted EPS $ 0.36   $ 0.37   $ 1.43   $ 1.51 Adjusted EPS $ 0.36   $ 0.38   $ 1.45   $ 1.54 FFO per diluted share $ 0.58   $ 0.59   $ 2.34   $ 2.42 Normalized FFO per diluted share $ 0.58   $ 0.60   $ 2.36   $ 2.44                 Net income $ 42,280   $ 44,280   $ 170,120   $ 180,120 Interest expense 21,500   21,000   87,000   86,500 Depreciation and amortization 35,500   35,500   146,000   146,000 Income tax expense 2,500   2,000   8,500   8,000 EBITDA $ 101,780   $ 102,780   $ 411,620   $ 420,620 Expenses associated with mergers and acquisitions 720   720   2,880   2,880 Adjusted EBITDA $ 102,500   $ 103,500   $ 414,500   $ 423,500

     

    NOTE TO SUPPLEMENTAL pecuniary INFORMATION

    Adjusted Net Income, EBITDA, Adjusted EBITDA, FFO, and Normalized FFO, and, where appropriate, their corresponding per partake metrics are non-GAAP pecuniary measures.  CoreCivic believes that these measures are vital operating measures that supplement discussion and analysis of the Company's results of operations and are used to review and assess operating performance of the Company and its facilities and their management teams. CoreCivic believes that it is useful to provide investors, lenders and security analysts disclosures of its results of operations on the selfsame basis that is used by management.  FFO, in particular, is a widely accepted non-GAAP supplemental measure of REIT performance, grounded in the standards for FFO established by the National Association of real Estate Investment Trusts (NAREIT).

    NAREIT defines FFO as net income computed in accordance with GAAP, excluding gains (or losses) from sales of property and extraordinary items, plus depreciation and amortization of real estate and impairment of depreciable real estate.  EBITDA, Adjusted EBITDA, and Normalized FFO are useful as supplemental measures of performance of the Company's facilities because such measures achieve not remove into account depreciation and amortization, or with respect to EBITDA, the repercussion of the Company's tax provisions and financing strategies. Because the historical cost accounting convention used for real estate assets requires depreciation (except on land), this accounting presentation assumes that the value of real estate assets diminishes at a smooth rate over time.  Because of the unique structure, design and exhaust of the Company's properties, management believes that assessing performance of the Company's properties without the repercussion of depreciation or amortization is useful.  However, prior to the adoption of Accounting Standards Update 2016-02, "Leases (Topic 842)" (ASU 2016-02) on January 1, 2019, a portion of the rental payments for the STFRC was classified as depreciation and interest expense for pecuniary reporting purposes in accordance with Accounting Standards Codification 840-40-55, formerly Emerging Issues stint force No. 97-10, "The sequel of Lessee Involvement in Asset Construction".  Adjusted EBITDA included such depreciation and interest expense in order to more properly reflect the cash flows associated with this lease.  Upon adoption of ASU 2016-02, totality rental payments associated with this lease are classified as operating expenses.  CoreCivic may execute adjustments to FFO from time to time for inescapable other income and expenses that it considers non-recurring, infrequent or unusual, even though such items may require cash settlement, because such items achieve not reflect a necessary component of the ongoing operations of the Company.  Normalized FFO excludes the effects of such items.  CoreCivic calculates Adjusted Net Income by adding to GAAP Net Income expenses associated with the Company’s debt refinancing, M&A activity, restructuring charges, and inescapable impairments and other charges that the Company believes are unusual or non-recurring to provide an alternative measure of comparing operating performance for the periods presented.  Even though expenses associated with mergers and acquisitions may breathe recurring, the magnitude and timing fluctuate based on the timing and scope of M&A activity, and therefore, such expenses, which are not a necessary component of the ongoing operations of the Company, may not breathe comparable from term to period.

    Other companies may cipher Adjusted Net Income, EBITDA, Adjusted EBITDA, FFO, and Normalized FFO differently than the Company does, or adjust for other items, and therefore comparability may breathe limited.  Adjusted Net Income, EBITDA, Adjusted EBITDA, FFO, and Normalized FFO and their corresponding per partake measures are not measures of performance under GAAP, and should not breathe considered as an alternative to cash flows from operating activities, a measure of liquidity or an alternative to net income as indicators of the Company's operating performance or any other measure of performance derived in accordance with GAAP.  This data should breathe read in conjunction with the Company's consolidated pecuniary statements and related notes included in its filings with the Securities and Exchange Commission.

    Contact:   Investors: Cameron Hopewell - Managing Director, Investor Relations - (615) 263-3024Financial Media: David Gutierrez, Dresner Corporate Services – (312) 780-7204      

     


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