IEC ELECTRONICS CORP - FORM 8-K - EX-99.2 - EXHIBIT 99.2 - January 31, 2012

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EX-99.1 - EXHIBIT 99.1 - IEC ELECTRONICS CORPv300886_ex99-1.htm
8-K - FORM 8-K - IEC ELECTRONICS CORPv300886_8k.htm

Exhibit 99.2

 

RECONCILIATION OF EBITDA TO COMPARABLE GAAP MEASURES

 

IEC Electronics Corp.

Consolidated Reconciliation of Net Income to EBITDA

(thousands)

Fiscal Years Ended September 30, 2010 and September 30, 2011

 

   September 30, 2010  September 30, 2011
           
Net Income   4,655    6,760 
           
Provision for / (benefit from) Income Tax   2,400    3,056 
           
Depreciation & Amortization Expense   1,224    3,257 
           
Net Interest Expense / (Income)   814    1,601 
           
EBITDA   9,093    14,674 
           
Net Income Increase 9/30/2010 to 9/30/2011        45%
           
EBITDA Increase 9/30/2010 to 9/30/2011        61%

 

 

IEC ELECTRONICS CORP Reports