La Petite Academy 8-K Results of Operations and Financial Condition

Exhibit 99.2

La Petite Academy Inc
EBITDA Reconciliation
(Dollars in thousands)

	53 Weeks			52 Weeks			52 Weeks			52 Weeks			52 Weeks
	Ended			Ended			Ended			Ended			Ended
	July 3,			July 3,			June 28,			June 29,			June 30,
	2004			2004			2003			2002			2001
Net loss	$	(8,913	)	$	(10,714	)	$	(15,948	)	$	(76,772	)	$	(28,188	)
Provision (benefit) for income taxes		66			78			246			(3,236	)		16,204
Interest income		(43	)		(42	)		(127	)		(204	)		(85	)
Interest expense		30,354			29,885			21,509			21,902			20,487
Restructuring charge		(864	)		(864	)		4,908			3,208			2,455
Asset impairments		692			692			3,057			57,436			—
Depreciation and amortization		8,776			8,776			10,372			14,664			14,966
EBITDA	$	30,068		$	27,811		$	24,017		$	16,998		$	25,839

	12 Weeks			12 Weeks			16 Weeks			16 Weeks
	Ended			Ended			Ended			Ended
	January 15,			January 10,			October 23,			October 18,
	2005			2004			2004			2003
Net loss	$	(2,529	)	$	(2,223	)	$	(10,587	)	$	(8,775	)
Provision for income taxes		17			59			38			78
Interest income		(19	)		(9	)		(15	)		(11	)
Interest expense		7,179			6,818			9,449			9,202
Restructuring charge		1			(857	)		(42	)		34
Asset impairments		—			—			—			—
Depreciation and amortization		2,178			2,016			2,852			2,672
EBITDA	$	6,827		$	5,804		$	1,695		$	3,200

	28 Weeks			28 Weeks
	Ended			Ended
	January 15,			January 10,
	2005			2004
Net loss	$	(13,116	)	$	(10,998	)
Provision for income taxes		55			137
Interest income		(34	)		(20	)
Interest expense		16,628			16,020
Restructuring charge		(41	)		(823	)
Asset impairments		—			—
Depreciation and amortization		5,030			4,688
EBITDA	$	8,522		$	9,004