Residential Interior Door Facings
Appendix
Reconciliation to GAAP Measures
In thousands, except ratios
Net income (loss)
Total assets
Return on assets
Net income (loss)
Total equity
Return on equity
2013
2012
$
(8,362) $
Masonite International Corporation
2011
(21,802) $ (4,152)
1,591,145
1,645,948
1,528,056
-0.5%
-1.3%
-0.3%
(8,362)
825,562
-1.0%
$ (21,802)
837,815
-2.6%
$ (4,152)
848,483
-0.5%
Total equity
$
825,562
Median peer return on equity
14.5%
Pro forma net income based on implied return on equity
120,086
Pro forma income tax expense (at 26.4%)
43,074
Depreciation
62,080
Amortization of intangible assets
17,058
Share based compensation expense
7,752
Loss (gain) on disposal of property, plant and equipment
(1,775)
Impairment of property, plant and equipment
1,904
Registration and listing fees
2,421
Restructuring costs
10,630
Interest expense (income), net
33,230
Other expense (income), net
2,316
Loss (income) from discontinued operations, net of tax
Pro forma Adjusted EBITDA based on implied return on equity $
598
299,374
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