We serve a diversified customer base primarily in the United States and Canada through the following segments:

The primary factors affecting our results of operations include:

2022 Change 2021 Selling, general and administrative $ 50.5 3.7 % $ 48.7 $ 98.1 2.4 % $ 95.8

Loss on Early Extinguishment of Debt: Reflects losses recognized upon extinguishment of our 2017 ABL Facility and Term Loan. The loss is entirely comprised of unamortized debt issuance costs that were written off in connection with this extinguishment.

Loss on Acquisition of Business: During the first quarter of fiscal year 2021, the preliminary purchase price allocation of the Spartan ER acquisition was updated to reflect immaterial measurement period adjustments made to inventories, warranty, and certain other assets acquired and liabilities assumed. These updates resulted in a decrease to the cumulative gain on acquisition of $0.4 million.

(Benefit) provision for income taxes $ (0.4 ) -105.6 % $ 7.2 $ (2.2 ) -130.6 % $ 7.2

Net (Loss) Income: Consolidated net (loss) income decreased $22.9 million for the three months ended April 30, 2022 compared to the prior year quarter primarily due to the factors detailed above.

Refer to Adjusted EBITDA and Adjusted Net Income section of "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations" of this Quarterly Report on Form 10-Q for a reconciliation of (Loss) Income to Adjusted EBITDA and Adjusted Net Incomes tables and related footnotes.

F&E segment net sales decreased $62.6 million for the three months ended April 30, 2022 compared to the prior year quarter. The decrease in net sales was primarily due to decreased shipments of fire apparatus and ambulance units resulting from supply chain disruptions and an unfavorable mix of fire apparatus, partially offset by price realization.

Backlog represents firm orders received from dealers or directly from end customers. The following table presents a summary of our backlog by segment:

Each of our three segments has a backlog of new vehicle orders that generally extends out from nine to eighteen months in duration.

Net cash (used in) provided by investing activities (5.9 ) 3.3 Net cash used in financing activities

Net Cash Provided by Operating Activities

Net Cash (Used in) Provided by Investing Activities

Net Cash Used in Financing Activities

The 2021 ABL Facility matures on April 13, 2026. We may prepay principal, in whole or in part, at any time without penalty.

Refer to Note 9, Long-Term Debt, of the Notes to Condensed Unaudited Consolidated Financial Statements for further details.

Adjusted EBITDA and Adjusted Net Income

our cash expenditures, or future requirements for capital expenditures or contractual commitments;

changes in, or cash requirements for, our working capital needs;

the cash requirements necessary to service interest or principal payments on our debt;

the cash requirements to pay our taxes.

Reflects costs incurred in connection with business acquisitions, dispositions, and capital market transactions. These expenses consist primarily of legal, accounting and due diligence expenses.

Reflects the reimbursement of expenses to our primary equity holder.

Restructuring costs in the current fiscal year incurred in connection with the announced closure of certain facilities within the F&E segment.

Reflects costs that are directly attributable to restructuring activities, but do not meet the definition of restructuring under ASC 420.

Reflects expenses associated with the vesting of equity awards including employer payroll taxes.

Reflects the initial gain and subsequent adjustments on the acquisition of Spartan ER, which was completed on February 1, 2020.

Reflects accelerated deprecation that was incurred in connection with the announced closure of certain facilities within the F&E segment.

Critical Accounting Policies and Estimates

Refer to Note 1 of the Notes to Condensed Unaudited Consolidated Financial Statements for a discussion of the impact on our financial statements of new accounting standards.

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