EX-99.2 3 dex992.htm RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Reconciliation of Non-GAAP financial measures

Exhibit 99.2

 

     Three months ended
    Nine months ended
     September 30,
2005
    September 30,
2004
    September 30,
2005
    September 30,
2004

Reconciliation of Non-GAAP measure:

                            

(in thousands)

                            

Net income

    $ 25,412    $ 22,279    $ 58,247    $ 45,839

Income tax provision

      13,356      13,565      33,480      28,128

Interest expense, net

      23,608      7,560      57,658      19,255

Depreciation and amortization

      15,477      5,920      40,861      14,756
    
  
  
  

Earnings before interest, taxes, depreciation and amortization (EBITDA)

      77,853      49,324      190,246      107,978

Other adjustments:

                            

Purchase accounting adjustment for manufacturer’s profit in inventory

      4,159      —        20,549      —  

Reorganization and acquisition-related integration costs

      7,214      —        16,055      —  

Loss on early extinguishment of debt

      —        —        6,046      —  

Non-cash compensation costs

      29,778      —        30,527      —  
    
  
  
  

As Adjusted EBITDA

    $ 119,004    $ 49,324    $ 263,423    $ 107,978