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,
2006
   September 30,
2005
   September 30,
2006
   September 30,
2005

Reconciliation of Non-GAAP measure:

(in millions)

           

Net income

   $ 51.3    $ 25.4    $ 70.3    $ 58.2

Income tax provision

     20.8      13.4      61.8      33.5

Interest expense, net

     29.6      23.5      83.5      57.6

Loss on early extinguishment of debt

     —        —        —        6.1

Depreciation and amortization

     16.1      15.4      47.0      40.8
                           

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

     117.8      77.7      262.6      196.2

Other adjustments:

           

Purchase accounting adjustment for manufacturer’s profit in inventory

     3.9      4.2      3.9      20.6

Reorganization and acquisition- related integration costs

     7.5      7.2      22.5      16.0

Non-cash compensation costs

     6.4      29.8      16.1      29.8

Executive separation

     1.1      —        1.1      —  

Inventory write-offs

     —        —        0.3      —  

Duplicative administrative costs

     0.6      —        2.4      —  
                           

As Adjusted EBITDA

   $ 137.3    $ 118.9    $ 308.9    $ 262.6