MIND Technology (MIND) 8-K Mitcham Industries Acquires L-3 Communications Klein Associates

Exhibit 99.2

Reconciliation of range of projected EBITDA to earnings before income taxes for the year ending January 31, 2017 relating to operations of Klein:

(in thousands)

	Low end of range		High end of range
Earnings before income taxes	$	1,400	$	1,900
Depreciation and amortization		600		600
Interest expense		—		—
EBITDA	$	2,000	$	2,500