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

Exhibit 99.2

 

     Three months ended    Six months ended
    

June 30,

2006

  

June 30,

2005

  

June 30,

2006

  

June 30,

2005

Reconciliation of Non-GAAP measure:

           

(in millions)

           

Net income

   $ 13.3    $ 32.8    $ 19.0    $ 32.8

Income tax provision

     37.8      20.1      41.0      20.1

Interest expense, net

     28.3      19.1      53.9      34.1

Loss on early extinguishment of debt

     —        —        —        6.1

Depreciation and amortization

     15.1      13.3      30.9      25.4
                           

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

     94.5      85.3      144.8      118.5

Other adjustments:

           

Purchase accounting adjustment for manufacturer’s profit in inventory

     —        —        —        16.4

Reorganization and acquisition- related integration costs

     5.6      5.9      15.0      8.8

Non-cash compensation costs

     4.3      —        9.7      —  

Inventory write-offs

     —        —        0.3      —  

Duplicative administrative costs

     0.9      —        1.8      —  
                           

As Adjusted EBITDA

   $ 105.3    $ 91.2    $ 171.6    $ 143.7