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

Exhibit 99.2

 

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      Quarters ended    Years ended
(in millions)    December 31,
2006		    December 31,
2005		    December 31,
2006		    December 31,
2005

Reconciliation of Non-GAAP measure:

            

Net income

      35.7      2.5      106.0      60.7

Income tax provision

      20.2      1.5      82.0      35.0

Interest expense, net

      29.1      26.6      112.6      84.2

Loss on early extinguishment of debt

      —        —        —        6.1

Depreciation and amortization

      19.4      16.8      66.4      57.6
                           

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

      104.4      47.4      367.0      243.6

Other adjustments:

            

Purchase accounting adjustment for manufacturer’s profit in inventory

      6.5      1.8      10.4      22.4

Reorganization and acquisition- related integration costs

      14.3      13.1      36.8      29.1

Non-cash compensation costs

      6.9      32.6      23.0      62.4

Executive separation

      —        —        1.1      —  

Inventory write-off

      —        2.5      0.3      2.5

Duplicative admistration costs

      1.0      —        3.4      —  
                           

As Adjusted EBITDA

    $ 133.1    $ 97.4    $ 442.0    $ 360.0