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PGI Reports First Quarter 2012 Results
Date:5/15/2012

s="prnews_span"> Impact of the Spain lease 

---419 Annualized incremental contribution from Mexico spunmelt line 

---- Annualized incremental contribution from Cali, Colombia spunmelt lines 

-2,3343,0342,701 Public company costs
--12756 Adjusted EBITDA 

$
36,750$
33,684$
25,860$
,390 Last Twelve  Last Twelve  Months Ended  Months Ended  March 31,  December 31,  Adjusted EBITDA 20122011 The following table reconciles Adjusted EBITDA to net loss for the periods presented:  Net loss $
(40,274)$
(94,374) (Income) loss from discontinued operations 5,0565,365 Loss from sale of discontinued operations 735735 Net income attributable to noncontrolling interest -141 Interest expense, net 51,02848,330 Income and franchise tax benefit 1,294(2,278) Depreciation & amortization 60,44558,124 Adjustments resulting from application from purchase accounting 3,51515,873 Non-cash compensation 7021,787 Special charges 18,81862,170 
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SOURCE Polymer Group, Inc.
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