Jarden (JAH) 8-K Jarden Reports First Quarter Results

Exhibit 99.2

JARDEN CORPORATION

RECONCILIATION OF GAAP TO NON-GAAP

For the quarters ended March 31, 2013 and 2012

	For the quarters ended
(in millions)	March 31, 2013			March 31, 2012
Reconciliation of Non-GAAP measure:
Net income (loss)	$	(4.4	)	$	35.1
Income tax provision (benefit)		(5.4	)		21.8
Interest expense, net		49.6			44.7
Loss on early extinguishment of debt		17.1			—
Depreciation and amortization		37.7			35.9
Earnings before interest, taxes, depreciation and amortization (EBITDA)		94.6			137.5
Other adjustments:
Fair market value adjustment to inventory		5.0			—
Venezuela devaluation and other charges		29.0			—
AS ADJUSTED EBITDA (SEGMENT EARNINGS)	$	128.6		$	137.5
Net Sales	$	1,580.7		$	1,495.4
As Adjusted EBITDA (Segment Earnings) margin		8.1	%		9.2	%	(1.1	%)

Organic net sales growth is a non-GAAP measure of net sales growth excluding the impacts of foreign exchange, certain acquisitions and exited business from year-over-year comparisons. The Company believes this measure provides investors with a more complete understanding of the underlying sales trends by providing net sales on a consistent basis. Organic net sales growth is also one of the measures used by management to analyze operating performance. The following table provides a reconciliation of organic net sales growth to the comparable GAAP measure of net sales growth for the quarter ended March 31, 2013:

	For the quarter ended March 31, 2013
	Outdoor Solutions			Consumer Solutions			Branded Consumables			Process Solutions			Elimination			Consolidated
Reconciliation of Non-GAAP measure:
Net sales growth		3.7	%		4.4	%		10.2	%		6.3	%		10.6	%		5.7	%
Foreign exchange		1.2	%		1.5	%		0.6	%		—			—			1.1	%
(Acquisitions)/exited business, net		—			(4.7	%)		(6.4	%)		—			—			(2.8	%)
Organic net sales growth		4.9	%		1.2	%		4.4	%		6.3	%		10.6	%		4.0	%

	For the quarters ended March 31,
	2013			2012			Inc/(Dec)
GROSS MARGIN (%)
Gross margin as reported		28.1	%		28.1	%		—
Fair market value adjustment to inventory		0.3	%		—			0.3	%
Adjusted gross margin %		28.4	%		28.1	%		0.3	%

	For the quarters ended March 31,
	2013		2012
INTEREST EXPENSE, NET
Interest expense, net as reported		49.6 M		44.7 M
Original issue discount amortization		(3.0)M		—
Adjusted interest expense, net		46.6 M		44.7 M