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      "text": "On a year-over-year basis\nFirst positive annual operating income in six years\nRevenue on an as-reported basis was flat and on a pro forma basis increased 1.7%\nHighest Adjusted EBITDA in six years with covenant cushions between $70M and $80M and reported highest 4th quarter EBITDA in three years\nFunded debt to EBITDA decreased almost 3.0x full turns from 8.5x to 5.7x\nLiquidity ended 4Q12 at $251.3M which was $26M lower than year-end liquidity in 2011 but a $13.8M increase from 3Q12 and a 2012 high\nNew management team executing on non-quantitative commitments AND exceeding forecast\nOverall, much progress has been achieved year over year; have been able to absorb resumption of both multi-employer pension expense and cash interest and LC expense but still more to do",
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      "text": "1) On a pro forma basis excluding Glen Moore revenue of $98.9 million from 2011",
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