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Financial Highlights

(US$ thousands, except per share amounts) Year Ended December 31  
   
2018
2017
2016
2015
2014
       
Results From Operations
     
Revenues
$
1,931,473
$
1,705,456
$ 1,482,889 $ 1,264,077 $
1,132,002
Adjusted EBITDA1
190,611
159,312
130,324 103,038
74,997
Operating earnings
127,568
104,962
90,550
70,747
45,621
Net earnings
90,280
75,047
54,243
38,198
26,192
       
Financial Position
     
Total assets
$
1,007,474
$
848,266
$
770,964
$
600,483
$
615,544
Long-term debt
 
334,523
269,625
250,909
201,199
239,357
Shareholders' equity
 
236,226
192,286
181,028
167,026
158,749
       
Earnings Per Share Data
     
Adjusted EPS2
$
2.61
$
1.99
$
1.62
$
1.20
$
0.84
Diluted net earnings per common share
1.80
1.41
0.92
0.59
0.36
Diluted weighted average
  common shares outstanding (thousands)
36,571
36,559
36,366
36,425
36,363
Cash dividends per common share
$
0.54
$
0.49
$
0.44
$
0.40
$
-
 
Notes
  1. Adjusted EBITDA is defined as net earnings before income tax, interest, depreciation, amortization, 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, acquisition-related items, stock-based compensation expense, a stock-based compensation tax adjustment related to a US GAAP change.