Exhibit 99.2
JARDEN CORPORATION Reconciliation of GAAP to NON GAAP For the quarter and year ended December 31, 2007 and 2006 | ||
Quarter ended | Year ended | ||||||||||||
(in millions) | December 31, 2007 | December 31, 2006 | December 31, 2007 | December 31, 2006 | |||||||||
Reconciliation of Non-GAAP measure: | |||||||||||||
Net income (loss) | (11.2 | ) | 35.7 | 28.1 | 106.0 | ||||||||
Income tax provision | 12.5 | 20.2 | 38.5 | 82.0 | |||||||||
Interest expense, net | 49.0 | 29.1 | 149.7 | 112.6 | |||||||||
Loss on early extinguishment of debt | — | — | 15.7 | — | |||||||||
Depreciation and amortization | 31.5 | 19.4 | 96.4 | 66.4 | |||||||||
Earnings before interest, taxes, depreciation and amortization (EBITDA) | 81.8 | 104.4 | 328.4 | 367.0 | |||||||||
Other adjustments: | |||||||||||||
Purchase accounting adjustment for manufacturer's profit in inventory | 46.5 | 6.5 | 118.9 | 10.4 | |||||||||
Reorganization and acquisition-related integration costs | 20.1 | 14.3 | 49.6 | 36.8 | |||||||||
Non-cash stock-based compensation costs | 30.8 | 6.9 | 64.0 | 23.0 | |||||||||
Inventory write-off | 4.0 | — | 4.0 | 0.3 | |||||||||
Executive separation | — | — | — | 1.1 | |||||||||
Duplicative administration costs | 0.6 | 1.0 | 0.6 | 3.4 | |||||||||
As Adjusted EBITDA | $ | 183.8 | $ | 133.1 | $ | 565.5 | $ | 442.0 | |||||