Exhibit 99.2
RECONCILIATION OF EBITDA TO COMPARABLE GAAP MEASURES
IEC ELECTRONICS CORP - CONSOLIDATED
RECONCILIATION OF OPERATING INCOME TO EBITDA
FISCAL YEARS ENDED SEPTEMBER 30, 2005 THROUGH SEPTEMBER 30, 2011
SEP 30, 2011 | SEP 30, 2010 | SEP 30, 2009 | SEP 30, 2008 | SEP 30, 2007 | SEP 30, 2006 | SEP 30, 2005 | ||||||||||||||||||||||
Operating Income | 10,388,335 | 7,686,738 | 4,819,219 | 2,392,173 | 985,564 | 597,868 | 346,468 | |||||||||||||||||||||
Depreciation & Amortization Expense | 3,256,859 | 1,224,000 | 282,000 | 377,661 | 410,455 | 676,190 | 1,015,445 | |||||||||||||||||||||
Other Income | 1,028,224 | 181,497 | 287,247 | (306,000 | ) | (42,000 | ) | (5,000 | ) | 302,000 | ||||||||||||||||||
EBITDA | 14,673,419 | 9,092,235 | 5,388,466 | 2,463,834 | 1,354,019 | 1,269,058 | 1,663,913 |