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

Exhibit 99.2

 

         LOGO   

JARDEN CORPORATION

Reconciliation of GAAP to NON GAAP

For the three and nine months ended September 30, 2008 and 2007`

  

 

     three months ended    nine months ended
(in millions)    September 30,
2008		    September 30,
2007		    September 30,
2008		    September 30,
2007

Reconciliation of Non-GAAP measure:

           

Net income

      63.8      21.2      111.5      39.3

Income tax provision

      36.3      13.4      70.3      26.0

Interest expense, net

      44.0      43.0      132.8      100.7

Loss on early extinguishment of debt

      —        —        —        15.7

Depreciation and amortization

      30.8      26.0      89.7      64.9
                           

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

      174.9      103.6      404.3      246.6

Other adjustments:

            

Reorganization and acquisition- related integration costs

      12.8      11.0      34.6      29.5

purchase accounting adjustment for the elimination of manufacturer’s profit in inventory

      —        45.3      —        72.4
                           

As Adjusted EBITDA

    $ 187.7    $ 159.9    $ 438.9    $ 348.5