Q2 2013 Financial Results
2
Forward Looking Statements and
GAAP Disclaimer
These slides contain (and the accompanying oral discussion will contain) "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of
the Company to differ materially from the results expressed or implied by such statements, including general economic and business conditions,
conditions affecting the industries served by the Company and its subsidiaries, conditions affecting the Company's customers and suppliers, competitor
responses to the Company's products and services, the overall market acceptance of such products and services, the integration of acquisitions and
other factors disclosed in the Company's periodic reports filed with the Securities and Exchange Commission. Such statements may include, but are
not limited to, statements about the Company's business outlook and financial guidance and other statements that are not historical facts.
Consequently such forward-looking statements should be regarded as the Company's current plans, estimates and beliefs. The Company does not
undertake and specifically declines any obligation to publicly release the results of any revisions to these forward-looking statements that may be made
to reflect any future events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Statement Regarding use of Non-GAAP Measures:
EBITDA, Adjusted EBITDA and adjusted net income as presented in these slides, are supplemental measures of our performance, and net debt, as
presented in these slides, is a supplemental measure of our financial position. In each case, these measures are not required by, or presented in
accordance with, generally accepted accounting principles in the United States ("GAAP"). EBITDA, Adjusted EBITDA and adjusted net income are not
measurements of our financial performance or financial position under GAAP and should not be considered as alternatives to net sales, net income or
any other performance measures derived in accordance with GAAP or as alternatives to cash flow from operating activities as measures of our liquidity.
EBITDA consists of net income plus accretion of environmental liabilities, depreciation, amortization, net interest expense, provision for income taxes,
and other non-recurring items including impairment of long-lived assets and refinancing-related expenses. We also exclude gain (loss) on sale of fixed
assets, and other income as these amounts are not considered as part of usual business operations. Our management considers EBITDA and
Adjusted EBITDA to be measurements of performance which provide useful information to both management and investors. Because EBITDA is not
calculated identically by all companies, our measurement of EBITDA may not be comparable to similarly titled measures reported by other companies.
All amounts in USD unless otherwise noted.
For a reconciliation of EBITDA and Adjusted EBITDA to net income, please refer to the Company's Annual Report on Form 10-K filed each year with
the Securities and Exchange Commission
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