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American Pacific Reports Revenue Increase of 34% and Net Income of $2.9 Million for Fiscal 2008 First Quarter
Date:2/7/2008

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Corporate 125 130

Total Depreciation and

Amortization $4,815 $5,144

Segment EBITDA (a):

Specialty Chemicals $7,137 $4,775

Fine Chemicals 8,033 6,616

Aerospace Equipment 230 218

Other Businesses (15) 596

Total Segment EBITDA 15,385 12,205

Less: Corporate Expenses, Excluding

Depreciation (3,346) (2,666)

Plus: Share-based Compensation 29 49

Plus: Interest Income 378 94

Adjusted EBITDA (b) $12,446 $9,682

Reconciliation of Net Income to

Adjusted EBITDA (b):

Net Income $2,863 $639

Add Back:

Income Tax Expense 2,035 547

Interest Expense 2,704 3,303

Depreciation and Amortization 4,815 5,144

Share-based Compensation 29 49

Adjusted EBITDA $12,446 $9,682

(a) Segment EBITDA is defined as segment operating income (loss) plus

depreciation and amortization.

(b) Adjusted EBITDA is defined as net income before income tax expense,

interest expense, depreciation and amortization, and share-based

compensation.

Segment EBITDA and Adjusted EBITDA are not financial measures calculated

in accordance with GAAP and should not be considered as an alternative t
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SOURCE American Pacific Corporation
Copyright©2008 PR Newswire.
All rights reserved

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