Company: SABR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001597033-25-000027
Chunk: 346

Company: Sabre Corp
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1A
Chunk 346
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248)$(432,099)Adjustments:Depreciation and amortization of property and equipment(3b)73,028 85,408 96,397 Amortization of capitalized implementation costs(3c)18,565 23,031 36,982 Acquisition-related amortization(3a)37,891 40,237 51,254 Impairment and related charges(2)— — 5,146 Restructuring and other costs(4)11,653 72,096 14,500 Interest expense, net509,643 447,878 295,231 Other, net(5)21,587 (13,751)(136,645)Loss on extinguishment of debt, net37,994 108,577 4,473 Acquisition-related costs(6)3,923 2,336 6,854 Litigation costs, net(7)6,875 1,387 31,706 Indirect tax matters(8)21,732 11,451 — Stock-based compensation54,567 52,015 82,872 (Benefit) provision for income taxes(1,777)34,729 8,666 Adjusted EBITDA$516,998 $337,146 $65,337 

30

The following tables set forth the reconciliation of Adjusted EBITDA to Loss from Continuing Operations in our statement of operations by business segment (in thousands):

Year Ended December 31, 2024TravelSolutionsHospitality SolutionsCorporateTotalAdjusted EBITDA704,576 38,033 (225,611)516,998 Less:Depreciation and amortization of property and equipment(3b)58,080 14,121 827 73,028 Amortization of capitalized implementation costs(3c)12,698 5,867 — 18,565 Acquisition-related amortization(3a)— — 37,891 37,891 Restructuring and other costs(4)— — 11,653 11,653 Acquisition-related costs(6)— — 3,923 3,923 Litigation costs, net(7)— — 6,875 6,875 Indirect tax matters(8)— — 21,732 21,732 Stock-based compensation— — 54,