Exhibit 99.2
JARDEN CORPORATION Reconciliation of GAAP to NON GAAP For the three and six months ended June 30, 2008 and 2007 |
Three months ended | Six months ended | |||||||||||
(in millions) | June 30, 2008 | June 30, 2007 | June 30, 2008 | June 30, 2007 | ||||||||
Reconciliation of Non-GAAP measure: | ||||||||||||
Net income | 43.0 | 16.7 | 47.7 | 18.1 | ||||||||
Income tax provision | 27.6 | 12.8 | 34.0 | 12.6 | ||||||||
Interest expense, net | 42.6 | 32.7 | 88.8 | 57.7 | ||||||||
Loss on early extinguishment of debt | — | 0.9 | — | 15.7 | ||||||||
Depreciation and amortization | 29.8 | 20.7 | 58.9 | 38.9 | ||||||||
Earnings before interest, taxes, depreciation and amortization (EBITDA) | 143.0 | 83.8 | 229.4 | 143.0 | ||||||||
Other adjustments: | ||||||||||||
Reorganization and acquisition-related integration costs | 11.1 | 9.4 | 21.8 | 18.5 | ||||||||
Purchase accounting adjustment for the elimination of manufacturer’s profit in inventory | — | 27.1 | — | 27.1 | ||||||||
As Adjusted EBITDA | $ | 154.1 | $ | 120.3 | $ | 251.2 | $ | 188.6 | ||||