Pregis Announces First Quarter 2009 Financi...(g of period 411...),Health

Date:5/12/2009

g of period 41,179 34,989 ------ ------ Cash and cash equivalents, end of period $42,356 $42,511 ------- ------- Pregis Holding II Corporation Supplemental Information (Unaudited) Calculation of Adjusted EBITDA ("Consolidated Cash Flow") Twelve Months Ended March 31, (unaudited) ---------------------------- (dollars in thousands) 2009 2008 ---- ---- Net loss of Pregis Holding II Corporation $(54,866) $(10,298) Interest expense, net of interest income 45,713 46,044 Income tax expense (8,243) 6,766 Depreciation and amortization 50,275 56,663 ------ ------ EBITDA 32,879 99,175 Other non-cash charges (income): Unrealized foreign currency transaction losses (gains), net 21,175 (5,061) Non-cash stock based compensation expense 1,210 663 Non-cash asset impairment charge 20,354 403 Other non-cash expenses, primarily fixed asset disposals and write-offs 427 - Net unusual or nonrecurring gains or losses: Restructuring, severance and related expenses 17,298 4,830 Curtailment gain (3,736) - Nonrecurring charges related to acquisitions and dispositions - 5,214 Other unus
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