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

Exhibit 99.2

JARDEN CORPORATION

Reconciliation of GAAP to NON GAAP

For the three and nine months ended September 30, 2009 and 2008

 

     Three months ended    Nine months ended
(in millions)    September 30,
2009
   September 30,
2008
   September 30,
2009
   September 30,
2008

Reconciliation of Non-GAAP measure:

           

Net income

     73.7      63.8      127.5      111.5

Income tax provision

     45.9      36.3      78.5      70.3

Interest expense, net

     35.2      44.0      110.2      132.8

Depreciation and amortization

     32.7      30.8      94.4      89.7
                           

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

     187.5      174.9      410.6      404.3

Other adjustments:

           

Reorganization, acquisition-related integration costs, net

     4.3      12.8      19.3      34.6
                           

As Adjusted EBITDA (Segment Earnings)

   $ 191.8    $ 187.7    $ 429.9    $ 438.9
                           

Free cash flow is defined as operating cash flow less capital expenditures for the period.