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Robbins & Myers Announces First Quarter 2009 Results
Date:1/7/2009

TDA, ADJUSTED EBIT AND ADJUSTED EBITDA (Unaudited) Trailing Twelve Three Months Ended Months Ended November 30, November 30, (dollar amounts in thousands) 2008 2008 Net income $17,208 $90,672 Interest expense, net 53 1,357 Income taxes 8,957 40,101 Minority interest 176 1,707 EBIT 26,394 133,837 Minority interest (176) (1,707) Depreciation & amortization 4,093 16,346 EBITDA 30,311 148,476 Special items: Property sale gain - (1,934) Business disposition gain - (5,697) Total Special Items - (7,631) Adjusted EBIT $26,394 $126,206 Adjusted EBITDA $30,311 $140,845 Note: EBIT, EBITDA, adjusted EBIT, and adjusted EBITDA are non-GAAP measures. We use these measures to evaluate our businesses, and we allocate resources to our businesses based on EBIT. EBIT, EBITDA, adjusted EBIT, and adjusted EBITDA are not measures of performance calculated in accordance with accounting principles generally accepted in the United States and should not be considered as an alternative to net income as a measure of operating results. None of these are measures of cash available for use by management.
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SOURCE Robbins & Myers, Inc.
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