Company: SABR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001597033-25-000090
Chunk: 182

Company: Sabre Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 182
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,615 31,941 Amortization of capitalized implementation costs(2c)2,930 3,085 5,893 6,440 Acquisition-related amortization(2a)7,732 8,257 15,464 16,516 Restructuring and other costs(4)— 15,492 — 10,439 Interest expense, net111,244 116,428 221,034 228,309 Other, net(3)3,202 (3,426)497 536 Loss on extinguishment of debt85,182 — 85,182 37,994 Acquisition-related costs(5)(163)613 520 863 Indirect tax matters(6)(8,226)7,710 (7,951)7,710 Stock-based compensation11,290 10,845 23,602 23,364 Provision for income taxes91,262 5,920 79,614 9,328 Adjusted EBITDA$118,255 $110,335 $249,075 $236,619 

The following tables present information from our statements of cash flows and set forth the reconciliation of Free Cash Flow to cash used in operating activities, the most directly comparable GAAP measure (in thousands): Six Months Ended June 30, 20252024Cash used in operating activities$(281,841)$(29,856)Cash used in investing activities(30,083)(45,850)Cash provided by financing activities34,500 54,124 

 Six Months Ended June 30, 20252024Cash used in operating activities$(281,841)$(29,856)Additions to property and equipment(39,150)(45,550)Free Cash Flow$(320,991)$(75,406)

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(1) Net income (loss) attributable to noncontrolling interests represents an adjustment to include earnings allocated to noncontrolling interests held in (i) Sabre Travel Network Middle East of 40%, (ii) Sabre Seyahat Dagitim Sistemleri A.S. of 40%, (iii) Sabre Travel Network Lanka (Pte) Ltd of 40%, (iv) Sabre Bulgaria of 40%, and (v) FERMR Holdings Limited (the direct parent of Conferma Limited) of 19%.

(2) Depreciation and