Exhibit 99.2
Three months ended | Nine months ended | |||||||||||
September 30, 2005 | September 30, 2004 | September 30, 2005 | September 30, 2004 | |||||||||
Reconciliation of Non-GAAP measure: | ||||||||||||
(in thousands) | ||||||||||||
Net income | $ | 25,412 | $ | 22,279 | $ | 58,247 | $ | 45,839 | ||||
Income tax provision | 13,356 | 13,565 | 33,480 | 28,128 | ||||||||
Interest expense, net | 23,608 | 7,560 | 57,658 | 19,255 | ||||||||
Depreciation and amortization | 15,477 | 5,920 | 40,861 | 14,756 | ||||||||
Earnings before interest, taxes, depreciation and amortization (EBITDA) | 77,853 | 49,324 | 190,246 | 107,978 | ||||||||
Other adjustments: | ||||||||||||
Purchase accounting adjustment for manufacturer’s profit in inventory | 4,159 | — | 20,549 | — | ||||||||
Reorganization and acquisition-related integration costs | 7,214 | — | 16,055 | — | ||||||||
Loss on early extinguishment of debt | — | — | 6,046 | — | ||||||||
Non-cash compensation costs | 29,778 | — | 30,527 | — | ||||||||
As Adjusted EBITDA | $ | 119,004 | $ | 49,324 | $ | 263,423 | $ | 107,978 | ||||