Exhibit 99.2
THE GYMBOREE CORPORATION
SUPPLEMENTAL SCHEDULE OF PRO FORMA ADJUSTED EBITDA (NON-GAAP)
(In Thousands)
(Unaudited)
13 Weeks Ended April 30, 2016 | Years Ended | |||||||||||||||
January 30, 2016 | January 31, 2015 | February 1, 2014 | ||||||||||||||
Pro forma net income (loss) attributable to The Gymboree Corporation | $ | 32,293 | $ | (16,000 | ) | $ | (582,201 | ) | $ | (208,238 | ) | |||||
Reconciling items (pro forma): | ||||||||||||||||
Interest expense | 19,807 | 85,990 | 82,378 | 81,558 | ||||||||||||
Interest income | (3 | ) | (34 | ) | (90 | ) | (132 | ) | ||||||||
Income tax (benefit) expense | (568 | ) | 2,278 | (76,559 | ) | (1,918 | ) | |||||||||
Depreciation and amortization | 9,878 | 39,850 | 42,435 | 44,846 | ||||||||||||
Non-cash share-based compensation expense | 622 | 3,367 | 4,624 | 5,809 | ||||||||||||
Loss on disposal/impairment on assets | 370 | 3,706 | 8,457 | 12,254 | ||||||||||||
Loss on contract termination | 5,689 | — | — | 834 | ||||||||||||
Gain on extinguishment of debt | (48,804 | ) | (41,522 | ) | — | — | ||||||||||
Goodwill and intangible asset impairment | — | — | 591,396 | 157,189 | ||||||||||||
Acquisition-related adjustments | 3,542 | 11,981 | 12,005 | 15,590 | ||||||||||||
Transaction costs | (725 | ) | (66 | ) | — | — | ||||||||||
Other | 762 | 5,826 | 3,041 | 5,543 | ||||||||||||
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Pro forma adjusted EBITDA | $ | 22,863 | $ | 95,376 | $ | 85,486 | $ | 113,335 | ||||||||
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