Exhibit 99.3
DESTINATION MATERNITY CORPORATION AND SUBSIDIARIES
Supplemental Financial Information
Reconciliation of Net Loss to Adjusted EBITDA
(in thousands, except percentages)
(unaudited)
| Year Ended January 30, 2016 | ||||
Net loss | $ | (4,483 | ) | |
Add: income tax benefit | (2,806 | ) | ||
Add: interest expense, net | 1,520 | |||
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Operating loss | (5,769 | ) | ||
Add: depreciation and amortization expense | 17,231 | |||
Add: loss on impairment of long-lived assets | 1,662 | |||
Add: loss (gain) on disposal of assets | 193 | |||
Add: stock-based compensation expense | 2,784 | |||
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Add: other charges for relocations (1) | 2,462 | |||
Add: other charges for management and organizational changes | 4,196 | |||
Add: other charges for fiscal year change | 27 | |||
Add: other charges for proposed business combination | 61 | |||
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Adjusted EBITDA | $ | 22,847 | ||
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| (1) | Other charges related to the Company’s relocations of its headquarters and distribution operations excludes accelerated depreciation expense of $233. |
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ORCHESTRA-PRÉMAMAN, S.A. AND SUBSIDIARIES
Supplemental Financial Information
Reconciliation of Net Profit to EBITDA
(in millions)
(unaudited)
| Year Ended February 29, 2016 | ||||
Net income | € | 20.1 | ||
Add: net loss from discontinued operations | € | 5.62 | ||
Add: income tax expense | € | 0.86 | ||
Add: finance costs | € | 6.87 | ||
Subtract: other financial income and expenses, net | € | (3.63 | ) | |
Add: share of profit (loss) of associates and joint-ventures | € | 0.24 | ||
Subtract: exceptional items | € | (11.29 | ) | |
Add: depreciation, amortization and misc. items expense, net | € | 31.86 | ||
Operating profit / (loss) before depreciation, amortization, miscellaneous items and exceptional items | € | 50.63 | ||
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$/€ as of January 6, 2017 | x 1.0532 | |||
EBITDA | $ | 53.32 | ||
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