Exhibit 99.2
RECONCILIATION OF EBITDA TO COMPARABLE GAAP MEASURES
IEC Electronics Corp.
Consolidated Reconciliation of Net Income to EBITDA
(thousands)
Fiscal Years Ended September 30, 2010 and September 30, 2011
| September 30, 2010 | September 30, 2011 | |||||||
| Net Income | 4,655 | 6,760 | ||||||
| Provision for / (benefit from) Income Tax | 2,400 | 3,056 | ||||||
| Depreciation & Amortization Expense | 1,224 | 3,257 | ||||||
| Net Interest Expense / (Income) | 814 | 1,601 | ||||||
| EBITDA | 9,093 | 14,674 | ||||||
| Net Income Increase 9/30/2010 to 9/30/2011 | 45 | % | ||||||
| EBITDA Increase 9/30/2010 to 9/30/2011 | 61 | % | ||||||