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Nutraceutical Reports Fiscal 2013 Q3 Results
Date:7/25/2013

ible asset impairment charge of $850 related to the consolidation of certain brands was recorded for the three months and nine months ended June 30, 2012.Non-GAAP Financial MeasuresAdjusted EBITDA (a non-GAAP measure) is defined in our debt covenants and performance measures as earnings before net interest and other expense, taxes, depreciation, amortization and intangible asset impairment.  We believe that Adjusted EBITDA provides useful additional information to analysts, creditors, investment bankers and management regarding operating performance and debt covenant compliance.  Adjusted EBITDA has some inherent limitations in measuring operating performance due to the exclusion of certain financial elements such as depreciation and amortization and is not necessarily comparable to other similarly-titled captions of other companies due to potential inconsistencies in the method of calculation.  Furthermore, Adjusted EBITDA is not intended to be an alternative to net income in determining our operating performance in accordance with generally accepted accounting principles. 


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SOURCE Nutraceutical International Corporation
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