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ARAMARK CORPORATION AND SUBSIDIARIES
RECONCILIATION OF NON-GAAP MEASURES
ADJUSTED OPERATING INCOME MARGIN
(Unaudited)
(In thousands)


In the second quarter of fiscal 2005, ARAMARK recorded a $9.7 million gain related to a real estate sale by an equity affiliate. The
table below is presented to illustrate the effect of this gain on operating income margin, which we define as operating income expressed
as a percentage of sales.


                                                                                          Three Months Ended
                                                                                  April 1, 2005        April 2, 2004            Change

Food and Support Services - U.S. Sales (as reported)                             $    1,705,705         $    1,673,028

Food and Support Services - U.S. Operating Income (as reported)                  $       77,608         $       60,996

Food and Support Services - U.S. Operating Margin (as reported)                             4.5%                   3.6%




Food and Support Services - U.S. Sales (as reported)                             $    1,705,705         $    1,673,028

Food and Support Services - U.S. Operating Income (as reported)                  $       77,608         $       60,996
 Less: Gain on Sale                                                                      (9,737)                     -
Food and Support Services - U.S. Operating Income (as adjusted)                  $       67,871         $       60,996


Food and Support Services - U.S. Operating Margin (as adjusted)                             4.0%                   3.6%           0.33%

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Q3_AdjustedOperatingIncomeMargin

  • 1. ARAMARK CORPORATION AND SUBSIDIARIES RECONCILIATION OF NON-GAAP MEASURES ADJUSTED OPERATING INCOME MARGIN (Unaudited) (In thousands) In the second quarter of fiscal 2005, ARAMARK recorded a $9.7 million gain related to a real estate sale by an equity affiliate. The table below is presented to illustrate the effect of this gain on operating income margin, which we define as operating income expressed as a percentage of sales. Three Months Ended April 1, 2005 April 2, 2004 Change Food and Support Services - U.S. Sales (as reported) $ 1,705,705 $ 1,673,028 Food and Support Services - U.S. Operating Income (as reported) $ 77,608 $ 60,996 Food and Support Services - U.S. Operating Margin (as reported) 4.5% 3.6% Food and Support Services - U.S. Sales (as reported) $ 1,705,705 $ 1,673,028 Food and Support Services - U.S. Operating Income (as reported) $ 77,608 $ 60,996 Less: Gain on Sale (9,737) - Food and Support Services - U.S. Operating Income (as adjusted) $ 67,871 $ 60,996 Food and Support Services - U.S. Operating Margin (as adjusted) 4.0% 3.6% 0.33%