Supplemental Pro Forma Information

Fiscal 2009

Fiscal 2010

($ in thousands)

Q1

Q2

Q3

Q4

FY

Q1

Q2

Q3

Q4

FY

REVENUE:

Home & Building Products

$

204,437

$

224,133

$

231,938

$

198,380

$

858,888

$

190,651

$

225,607

$

231,797

$

184,946

$

833,001

Plastics

112,689

100,269

94,762

105,035

412,755

102,016

115,583

122,288

130,227

470,114

Telephonics

80,827

96,567

94,126

116,361

387,881

103,619

116,190

100,413

114,294

434,516

Total consolidated revenue

$

397,953

$

420,969

$

420,826

$

419,776

$

1,659,524

$

396,286

$

457,380

$

454,498

$

429,467

$

1,737,631

INCOME BEFORE TAXES and DISCONTINUIED OPERATIONS:

Segment profit before depreciation, amortization, restructuring and impairment:

Home & Building Products (a)

$

16,628

$

8,498

$

20,251

$

20,373

$

65,750

$

25,661

$

22,303

$

30,230

$

13,396

$

91,590

Plastics

11,299

11,825

10,019

12,859

46,002

5,974

10,919

11,718

14,242

42,853

Telephonics

6,865

9,795

11,528

13,352

41,540

8,621

12,409

11,768

13,322

46,120

Total Segment profit before depreciation, amortization, restructuring and impairment

34,792

30,118

41,798

46,584

153,292

40,256

45,631

53,716

40,960

180,563

Unallocated amounts (b)

(3,699

)

(4,009

)

(5,531

)

(4,721

)

(17,960

)

(5,531

)

(6,860

)

(7,497

)

(14,311

)

(34,199

)

Gain (loss) from debt extinguishment, net

4,304

—

184

—

4,488

(18

)

12

—

(1,111

)

(1,117

)

Net interest expense

(11,850

)

(12,120

)

(11,165

)

(10,565

)

(45,700

)

(11,445

)

(12,074

)

(12,216

)

(10,326

)

(46,061

)

Segment depreciation and amortization

(14,501

)

(14,063

)

(14,424

)

(14,898

)

(57,886

)

(13,855

)

(14,225

)

(13,077

)

(15,022

)

(56,179

)

Impairments (ATT)

(476

)

(243

)

(962

)

(809

)

(2,490

)

—

—

(304

)

(338

)

(642

)

Restructuring charges

—

(80

)

(502

)

(2,784

)

(3,366

)

(1,277

)

(1,510

)

(2,647

)

(494

)

(5,928

)

Deal costs and predecessor management fees (c)

(806

)

(832

)

(841

)

(952

)

(3,431

)

(845

)

(817

)

(2,107

)

(7,500

)

(11,269

)

Income before taxes and discontinued operations

$

7,764

$

(1,229

)

$

8,557

$

11,855

$

26,947

$

7,285

$

10,157

$

15,868

$

(8,142

)

$

25,168

DEPRECIATION and AMORTIZATION:

Segment:

Home & Building Products (a)

$

7,251

$

7,273

$

7,565

$

7,210

$

29,299

$

6,616

$

6,605

$

6,065

$

6,975

$

26,261

Plastics

5,763

5,247

5,239

5,681

21,930

5,613

5,833

5,027

5,911

22,384

Telephonics

1,487

1,543

1,620

2,007

6,657

1,626

1,787

1,985

2,136

7,534

Total segment depreciation and amortization

14,501

14,063

14,424

14,898

57,886

13,855

14,225

13,077

15,022

56,179

Unallocated

71

315

88

62

536

82

84

91

82

339

Total consolidated depreciation and amortization

$

14,572

$

14,378

$

14,512

$

14,960

$

58,422

$

13,937

$

14,309

$

13,168

$

15,104

$

56,518

DEAL COSTS and PREDECESSOR MANAGEMENT FEES: (c)

Home & Building Products (ATT)

$

806

$

832

$

841

$

952

$

3,431

$

845

$

817

$

2,107

$

7,500

$

11,269

Unallocated (ATT)

—

—

—

—

—

—

—

—

9,805

9,805

$

806

$

832

$

841

$

952

$

3,431

$

845

$

817

$

2,107

$

17,305

$

21,074

INTEREST EXPENSE, net:

Historic

$

3,313

$

3,583

$

2,628

$

2,028

$

11,552

$

2,908

$

3,537

$

3,679

$

1,789

$

11,913

Pro forma

11,850

12,120

11,165

10,565

45,700

11,445

12,074

12,216

10,326

46,061

PROVISION (BENEFIT) for INCOME TAXES:

Historic

$

997

$

(3,277

)

$

513

$

3,454

$

1,687

$

830

$

(1,175

)

$

1,965

$

2,688

$

4,308

Pro forma (assumes 35% ATT tax rate)

2,642

(1,833

)

1,197

2,251

4,257

1,626

2,079

5,085

(507

)

8,283

INCOME from CONTINUING OPERATIONS:

Historic

$

2,066

$

(2,076

)

$

6,089

$

11,839

$

17,918

$

4,180

$

2,034

$

4,989

$

(1,699

)

$

9,504

Pro forma (c)

5,122

604

7,360

9,604

22,690

5,659

8,078

10,783

(7,635

)

16,885

DILUTED EARNINGS PER SHARE from CONTINUING OPERATIONS:

Historic

$

0.04

$

(0.04

)

$

0.10

$

0.20

$

0.30

$

0.07

$

0.03

$

0.08

$

(0.03

)

$

0.16

Pro forma (c)

0.09

0.01

0.12

0.16

0.38

0.09

0.13

0.18

(0.13

)

0.28

(a)

Adjusted for management fee to be charged to Ames by GFF.

(b)

Unallocated amounts typically include general corporate expenses not attributable to reportable segments.

(c)

Includes all ATT and GFF costs related to the GFF acquisition of ATT, as well as management fees charged to ATT by predecessor ownership that will not continue under GFF ownership.