The table below reconciles our Adjusted EBITDA with measures  that are found in our financial statements. The results for the fourth quarter were affected by most of the same items discussed in Sections 5.3 and 5.4, which discussed  performance in fiscal 2013 compared to fiscal 2012. These items  include soft U.S. restaurant sales, lower retail private label  value-added product sales, and higher production and distribution  costs in the U.S. In addition, in the fourth quarter of 2013, sales  from our Canadian retail business were lower compared to the  same period last year, due to changes in the timing of customer  promotions and increased competition from other proteins. The effective income tax rate for the fourth quarter of 2013 was  20.1% compared to the applicable statutory rate in Canada of  approximately 27.9% and the statutory rate in the U.S. of 38.9%. The effective income tax rate in the fourth quarter of 2013 is lower  than the statutory rate due primarily to the benefit of acquisition  financing deductions.  The effective income tax rate for the fourth quarter of 2012 was a  recovery of 38.5% compared to the applicable statutory rate in  Canada of approximately 27.3% and the statutory rate in the U.S. of 38.9%. The income tax recovery in the fourth quarter of 2012 is higher than the statutory rate due to the benefit of acquisition  financing deductions in connection with the Viking and Icelandic  USA acquisitions, partially offset by non-deductible stock-based  compensation expense and the income of the U.S. subsidiary  where the statutory tax rate is higher. The table below shows the impact of non-operating, one-time acquisition costs, stock compensation expense and adjusting income taxes  for withholding tax paid on an intercompany dividend excluded from Adjusted Net Income on our Adjusted Diluted EPS for the fourth  quarters of 2013 and 2012.  Adjusted Net Income increased in 2013 by $1.3 million, or 12.2%, and Adjusted Diluted EPS increased by $0.08 per share.  Thirteen weeks ended December 28, December 29,  (Amounts in $000s) 2013  2012 Net income (loss) $ 8,767 $ (2,686) Add back: Depreciation 2,761 3,915 Amortization 1,203 202 Financing costs  3,592 14,347 Income tax expense (recovery)  2,212 (1,681) Standardized EBITDA 18,535 14,097 Add back (deduct): Business acquisition, integration and other expenses  1,964 3,409 Impairment of property, plant and equipment  — (493) Increase in cost of sales due to purchase price allocation to inventory  — — Loss (gain) on disposal of assets  67 (88) Adjusted EBITDA, including stock compensation expense 20,566 16,925 Stock compensation expense  2,117 5,145 Adjusted EBITDA $ 22,683 $ 22,070 Thirteen weeks ended Thirteen weeks ended  December 28, 2013 December 29, 2012 $000  Diluted EPS $000  Diluted EPS Net income (loss) $ 8,767 $ 0.56 $ (2,686) $ (0.17) Add back, after-tax: Business acquisition, integration, and other costs  1,216 0.08 2,215 0.14 Impairment of property, plant and equipment — — (355) (0.02) Additional depreciation on property to be disposed of as part of an acquisition  — — 376 0.02 Revaluation of embedded derivative on debt (129) (0.01) (377) (0.02) Accelerated amortization of deferred financing costs  — — 6,380 0.41 Interest rate swap on embedded derivative  71 — 8 — Intercompany dividend withholding tax 50 — — — 9,975 0.63 5,561 0.36 Stock compensation expense  1,969 0.13 5,072 0.32 Adjusted Net Income $ 11,944 $ 0.76 $ 10,633 $ 0.68 Average shares for the period 15,645 15,562 ANNUAL REPORT 2013 43