2 q15 earnings presentation final

1. 2015 Second Quarter Earnings Presentation
NYSE: DOOR
August 6, 2015

2. 2
Safe Harbor / Non-GAAP Financial Measure
SAFE HARBOR / FORWARD LOOKING STATEMENT
This investor presentation contains forward-looking information and other forward-looking statements within the meaning of applicable Canadian and/or U.S. securities laws, including our
discussion of improvements in the housing market and related markets and the effects of our pricing and other strategies. When used in this Investor Presentation, such forward-looking
statements may be identified by the use of such words as “may,” might, “could,” “will,” would,” “should,” “expect,” “believes,” “outlook,” “predict,” “forecast,” “objective,” “remain,”
“anticipate,” “estimate,” “potential,” “continue,” “plan,” “project,” “targeting,” or the negative of these terms or other similar terminology.
Forward-looking statements involve significant known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Masonite, or
industry results, to be materially different from any future plans, goals, targets, objectives, results, performance or achievements expressed or implied by such forward-looking statements.
As a result, such forward-looking statements should not be read as guarantees of future performance or results, should not be unduly relied upon, and will not necessarily be accurate
indications of whether or not such results will be achieved. Factors that could cause actual results to differ materially from the results discussed in the forward-looking statements include,
but are not limited to, our ability to successfully implement our business strategy; general economic, market and business conditions; levels of residential new construction, residential
repair, renovation and remodeling and non-residential building construction activity; competition; our ability to manage our operations including integrating our recent acquisitions and
companies or assets we acquire in the future; our ability to generate sufficient cash flows to fund our capital expenditure requirements and to meet our debt service obligations, including
our obligations under our senior notes and our senior secured asset-backed credit facility; labor relations (i.e., disruptions, strikes or work stoppages), labor costs, and availability of labor;
increases in the costs of raw materials or any shortage in supplies; our ability to keep pace with technological developments; the actions by, and the continued success of, certain key
customers; our ability to maintain relationships with certain customers; new contractual commitments; our ability to generate the benefits of our restructuring activities; retention of key
management personnel; environmental and other government regulations; limitations on operating our business as a result of covenant restrictions under our existing and future
indebtedness, including our senior notes and senior secured asset-based credit facility; and other factors publicly disclosed by the company from time to time.
NON-GAAP FINANCIAL MEASURE
Adjusted EBITDA is a measure used by management to measure operating performance. Beginning in the first quarter of 2015, we revised our calculation of Adjusted EBITDA to
separately exclude loss on extinguishment of debt, which would be a component of other expense (income), net, but is separately stated due to its magnitude. The revision to this
definition had no impact on our reported Adjusted EBITDA for the three months ended June 28, 2015 or the three and six months ended June 29, 2014. As revised, Adjusted EBITDA is
defined as net income (loss) attributable to Masonite plus depreciation, amortization, restructuring costs, loss (gain) on sale of property, plant and equipment, asset impairment,
registration and listing fees, interest expense, net, loss from extinguishment of debt, other expense (income), net, income tax expense (benefit), loss (income) from discontinued
operations, net of tax, net income attributable to non-controlling interest and share based compensation expense. Adjusted EBITDA is not a measure of financial condition or profitability
under GAAP, and should not be considered as an alternative to (i) net income (loss) or net income (loss) attributable to Masonite determined in accordance with GAAP or (ii) operating
cash flow determined in accordance with GAAP. Additionally, Adjusted EBITDA is not intended to be a measure of free cash flow for management's discretionary use, as it does not
include certain cash requirements such as interest payments, tax payments and debt service requirements. We believe that the inclusion of Adjusted EBITDA in this presentation is
appropriate to provide additional information to investors about our operating performance. Not all companies use identical calculations, and as a result, this presentation of Adjusted
EBITDA may not be comparable to other similarly titled measures of other companies. Moreover, Adjusted EBITDA as presented for financial reporting purposes herein, although similar,
is not the same as similar terms in the applicable covenants in our ABL Facility or our senior notes. Adjusted EBITDA, as calculated under our ABL Facility or senior notes would also
include, among other things, additional add-backs for amounts related to: cost savings projected by us in good faith to be realized as a result of actions taken or expected to be taken prior
to or during the relevant period; fees and expenses in connection with certain plant closures and layoffs; and the amount of any restructuring charges, integration costs or other business
optimization expenses or reserve deducted in the relevant period in computing consolidated net income, including any one-time costs incurred in connection with acquisitions. The table in
the appendix sets forth a reconciliation of Adjusted EBITDA to net income (loss) attributable to Masonite for the periods indicated.

3. ① Company / Industry Update
② Portfolio Optimization
③ Q2’15 Financial Review
④ Summary / Q&A

4. 4
Company / Industry Update
Q2 Business Overview
Adjusted EBITDA increased 34% in Q2 2015 vs. Q2 2014
Q2 Overview
 Highest Adjusted EBITDA* in six years at $59.1M
 Expanded Adjusted EBITDA* margin to 12.4%
 AUP increased in all 3 reportable segments
 NA +5.2%
 Eur/Row +4.3%
 S. Africa +4.3%
 Double digit net sales^ and strong double digit
adjusted EBITDA performance in the UK business
 Q2 year over year comparative Adjusted EBITDA
benefit from exiting Israel business in 2014 of ~$2.6M
 FX headwinds reduced net sales and Adjusted
EBITDA by $25.7M and $1.8M, respectively
 Continued Focus on Strategic Platforms
NA Average Unit Price Growth
-6.0%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
Q1'11
Q2'11
Q3'11
Q4'11
Q1'12
Q2'12
Q3'12
Q4'12
Q1'13
Q2'13
Q3'13
Q4'13
Q1'14
Q2'14
Q3'14
Q4'14
Q1'15
Q2'15
(*) – See appendix for non-GAAP reconciliations
(^) Net sales growth excluding negative FX increased double digits versus Q2 2014
Portfolio Optimization
 Acquired Performance Doorset Solutions (UK)
― Announced July 27, 2015
 Acquired National Hickman (UK)
― Announced August 5, 2015
 Disposed of Premdor S.A.S. (door business in France)
― Announced August 3, 2015

5. 12.7
10.5
14.2
13.2
14.6
13.0
14.7
12.0
13.9
15.6
12.1
14.8
12.613.0
19.0
13.8
16.116.5
0
2
4
6
8
10
12
14
16
18
20
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
5
Company / Industry Update
Housing Market Trends
YTD growth in U.S. single family completions in mid single digits; Canada lags; UK strong
 U.S. housing market remains choppy
 2015 YTD single family starts up 10%
 2015 YTD single family completions up 5%
 Canadian housing market has struggled YTD
2015 (starts down 1%)
 UK housing starts growing at 13% CAGR (2012-
2015E)
Source: U.S. Census Bureau, Canada Mortgage & Housing Corp., NHBC Housing tracker
U.S. Single Family Starts (Jan 2014 - Present) NA Choppy, UK Strong
583 589
635 649 634
593
652 641 663
716
674
725 706
600 623
735
691 685
0
100
200
300
400
500
600
700
800
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Masonite’s NA Door Volume
(in 000s)
(in 000s) (in 000s)
U.K. Single Family Starts (Jan 2014 - Present)
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
Q1'14 Q1'15 Q2'14 Q2'15

6. $81 $82
$97
$106
$137
$110
$170
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
2010 2011 2012 2013 2014 Q2'14 Q2'15
6
Demonstrated improvement through strategic focus
Company / Industry Update
Our Strategy Is Working
Masonite’s Trailing Twelve Month Adjusted EBITDA (2010 – Present)
(in millions)
+2% +19% +9% +30% +55%
(*) – See appendix for non-GAAP reconciliations

7. 7
Company / Industry Update
Five Focus Areas Designed to Accelerate Growth
Product Line Leadership
Electronic Enablement
Sales and Marketing Excellence
Automation
Portfolio Optimization
Goal: Grow share & expand margins beyond the macroeconomic recovery

8. ① Company / Industry Update
② Portfolio Optimization
③ Q2’15 Financial Review
④ Summary / Q&A

9. 9
Portfolio Optimization
Exited France Business
France was not considered a strategic market for Masonite
Update:
• On August 3, 2015, we announced the disposition of
Premdor S.A.S. for nominal consideration
• YTD 2015 net sales $51.7M; Adj. EBITDA* $0.1M
• TTM net sales $110M and Adj. EBITDA* ($2.6M)
• Non-cash charge of $36-41M expected in Q3
Recent Geographic Exits:
• France 2015
• Israel 2014
• Poland 2014
• Hungary 2012
• Romania 2012
• Ukraine 2010
• Turkey 2010
Q3 France Disposition
Dispositions:
• Non-Strategic markets
• Poor macroeconomic outlook
• Outdated facilities or equipment
• Poor cash conversion metrics
Dispositions / Market Exits
(*) – See appendix for non-GAAP reconciliations
Premdor S.A.S. locations

10. 10
Portfolio Optimization
Attractive Acquisitions to Expand Our UK Business
A strong portfolio of brands creates a platform for increased value creation
Optimizing Our Portfolio With Two Solid Additions to a Strong UK Business
 UK Housing Market up 16%^
 Masonite existing UK Business Q2 Results Strong
 Double digit net sales* growth
 Strong double digit Adj. EBITDA growth
 Unit volume up 6%
 Acquisitions of PDS and Hickman strengthen UK
 Concentrated manufacturing locations
 Potential to capture synergies and value added
services
Lancashire (PDS)
Barnsley
Nottingham
(*) Net sales growth excluding negative FX increased double digits versus Q2 2014
(^) Source: NHBC Housing Tracker (June 2015)
Birmingham
(National Hickman)
Masonite’s UK Brands

11. 11
Portfolio Optimization
Attractive Acquisitions to Expand Our UK Business - PDS
PDS provides a complementary door product to our UK business
Performance Doorset Solutions (PDS)
Pre-
Acquisition
>$20M FY’14*
Net Sales
$2.6M FY’14* Adj. EBITDA
~6.2x Pre Synergy Adj. EBITDA
~$16M Purchase Price
(*) FY’14 is the twelve months ended April 2015
 Based in Lancashire, England
 Founded in 2003
 150 employees
 Specializes in custom product specifications,
manufacturing both wood and composite solutions;
Services the residential and architectural markets
 Niche producer of high quality complementary product
lines to Masonite’s UK business

12. 12
Portfolio Optimization
Attractive Acquisitions to Expand Our UK Business – National Hickman
National Hickman is a leading supplier to the UK housing market
National Hickman
Pre-
Acquisition
>$110M TTM
Net Sales
$11.1M TTM Adj. EBITDA
~7.4x Pre Synergy Adj. EBITDA
~$82M Purchase Price
 Based near Birmingham, England; 3 locations in the UK
 390 employees
 Services 17 of the top 20 homebuilders in the UK
 Sells processed and customized solutions directly to
homebuilders. Solutions are designed and tailored in-
house to exacting specifications and delivered to the
construction sites on a just-in-time basis.

13. 13
Portfolio Optimization
Building on Strategic Focus Areas While Adhering to Strict Acquisition Criteria
We believe we can achieve 1-2 turns of operational synergies in each acquisition
National Hickman & Performance Doorset Solutions
 Significant investment in Automation
 Committed to Electronic Enablement – B2B (iPad)
business platform being developed for on-site use
 Meet 5 acquisition criteria
 Attractive valuation and cash conversion
characteristics
Similar
Technology
Distribution
Synergy
Brand
Positioning
Geographically
Appropriate
Actionable

14. 14
Portfolio Optimization
Full UK Product Line & Ability to Service Multiple Channels
Masonite UK provides everything from door slabs to fully finished doors with hardware
Masonite now offers a complete product line
Merchants Specialists Installers Homebuilders
Molded Door Slabs
Fully Finished Door Systems
(Pre-Hung or Knock Down)
Hardware

15. 15
Portfolio Optimization
Masonite Has Created Leadership Positions in Targeted Product Categories
Door
Components
Residential
Doors
SteelStile & RailMolded
Architectural
Fiberglass
ExteriorInterior Door Core
Veneers /
Skins / Other
Interior
Wood
Steel &
Glass
Chile
Baillargeon
BirchwoodMarshfield
Algoma
Ledco
Lifetime
Door-StopLemieux
Algoma
Marshfield
Harring
Leadership
Position
Leadership
Position
2010-2015 acquisitions. Limited Masonite presence. Defined as #1 or #2 (based on internal estimates).
PDS
PDS
Leadership
Position
Leadership
Position
Leadership
Position
Leadership
Position
Leadership
Position
Hickman
Hickman

16. ① Company / Industry Update
② Portfolio Optimization
③ Q2’15 Financial Review
④ Summary / Q&A

17. $44.1
$59.1
$25.0
$35.0
$45.0
$55.0
$65.0
$75.0
Q2'14 Q2'15
$490.2
$476.4
$200.0
$300.0
$400.0
$500.0
$600.0
Q2'14 Q2'15
8.5 8.4
5.0
10.0
15.0
Q2'14 Q2'15
Net Sales Adjusted EBITDA*Door Volume^
(in millions) (millions of USD) (millions of USD)
Q2’14 Q2’15 Q2’14 Q2’15 Q2’14 Q2’15
(^) – Does not include Africa segment.
(*) – See appendix for non-GAAP reconciliations.
17
2015 Second Quarter Financial Results
Door Volume, Net Sales and Adjusted EBITDA
Masonite’s results continue to improve despite an uneven recovery in NA housing
+34%-3%-1%
+2%Excluding impact of F(x): +38%Excluding impact of F(x):

18. (*) – See appendix for non-GAAP reconciliations
Net Sales
Gross Profit
Gross Profit %
SG&A
SG&A %
Adj. EBITDA*
Adj. EBITDA %
Q2’15
$476.4
$95.0
19.9%
$58.8
12.3%
$59.1
12.4%
Q2’14
$490.2
$78.6
16.0%
$58.5
11.9%
$44.1
9.0%
Change
-2.8%
+20.9%
+390 bps.
+0.5%
+40 bps.
+34.0%
+340 bps.
18
2015 Second Quarter Financial Results
Consolidated P&L Information
Gross profit margin expanded by 390 basis points
($ in millions)

19. 19
2015 Second Quarter Financial Results
Net Sales and Adjusted EBITDA Growth versus Q2 2014
Strong Adjusted EBITDA growth vs. Q2 2014 in NA and Europe / Other
Net Sales + $3.5M
+ $14.6M excl. FX^
Adj. EBITDA* +$8.4M
+ 21.2%
AUP + 5.2%
Net Sales ($16.0M)
($3.2M) excl. FX^
Adj. EBITDA* +$6.4M
+ 128.0%
AUP + 4.3%
Net Sales ($1.4M)
$0.5M excl. FX^
Adj. EBITDA* +$0.3M
nm
AUP + 4.3%
(* & ^) – See appendix for non-GAAP reconciliations
North America Europe / Other S. Africa
Adjusted EBITDA and AUP increases in all reportable segments

20. 0
5,000
10,000
15,000
20,000
25,000
30,000
1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15
20
Since 2012, we have absorbed ~$125 million of foreign exchange headwinds
Foreign Exchange Headwinds to Net Sales Have Been Significant
2015 Second Quarter Financial Results
Foreign Exchange
($38.4M) ($15.7M) ($23.6M) ($46.5M)
USDollars–InThousands

21. 21
2015 Second Quarter Financial Results
Adjusted EBITDA Quarterly Progression
Increasing 2015 Adjusted EBITDA growth estimate to ~+35% vs. 2014
$0
$10
$20
$30
$40
$50
$60
$70
Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15
Adjusted EBITDA by Quarter (Q1’11 – Present)
($ in millions)

22. Leverage Ratios
Unrestricted Cash $136.3
Total Available Liquidity $278.3
Liquidity at June 28, 2015 (millions of USD)
TTM Adj. EBITDA^ $170.2
TTM Interest Expense $39.5
Total Debt $468.2
Net Debt $331.9
22
2015 Second Quarter Financial Results
Liquidity, Credit and Debt Profile
8.25% Senior Unsecured Notes due 2021
(^) – See appendix for non-GAAP reconciliations.
(*) – FCF defined as Adjusted EBITDA less capex
Masonite’s balance sheet and liquidity position remain strong
Coverage Ratios
Free Cash Flow (TTM)*
$48.9
$60.3
$86.9
$120.4
$0.0
$20.0
$40.0
$60.0
$80.0
$100.0
$120.0
$140.0
2012 2013 2014 TTM
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
Q2'14 Q3'14 Q4'14 Q1'15 Q2'15
Total Debt Net Debt
0.0
1.0
2.0
3.0
4.0
5.0
Q2'14 Q3'14 Q4'14 Q1'15 Q2'15
Adj. EBITDA / Interest (Adj. EBITDA - Capex) / Interest

23. ① Company / Industry Update
② Portfolio Optimization
③ Q2’15 Financial Review
④ Summary / Q&A

24. Masonite’s Q2 Results Continued to Improve Despite an Uneven Recovery
 Foreign currency headwinds of $25.7M contributed to softness in net sales
 Gross profit increased 21% and gross margin expanded 390 basis points
 Highest Adjusted EBITDA in six years
 Adjusted EBITDA margin expanded 340 basis points to 12.4%
Portfolio Optimization
 Announced acquisition of Performance Doorset Solutions (PDS) on July 27, 2015
 Announced disposition of France business on August 3, 2015
 Announced acquisition of National Hickman on August 5, 2015
Five Key Focus Areas Designed to Accelerate Growth
 Product Line Leadership
 Electronic Enablement
 Sales & Marketing Excellence
 Automation
 Portfolio Optimization
24
Summary
Masonite’s Balanced Growth Strategy Is Working

25. Questions & Answers

26. Appendix

27. 27
Reconciliation of Net Sales, Excluding Foreign
Exchange
1000000
EUR/ROW Consolidated
YTD 6/29/14 687.1 198.1 27.4 912.6
Volme* 6.8 (7.2) (0.8) (10.9)
Avg. unit price 38.0 10.4 0.1 48.5
Other 0.3 (2.8) — (2.5)
FX (20.0) (23.7) (2.8) (46.5)
YTD 6/28/2015 712.2 174.8 23.9 910.9
3.7 % (11.8)% (12.8)% (0.2)%
North
America South Africa
1000000
EUR/ROW Consolidated
QTD 6/29/2014 372.7 103.5 14.0 490.2
Volume* (4.7) (5.5) (0.1) (10.3)
Avg. unit price 19.5 4.4 0.6 24.5
Other (0.2) (2.1) — (2.3)
FX (11.1) (12.8) (1.9) (25.7)
QTD 6/28/2015 376.2 87.5 12.6 476.4
0.9 % (15.5)% (10.0)% (2.8)%
North
America South Africa
* Acquisitions accounted for $2.0mm in 2Q15 and $9.7mm of net sales 2015 YTD.

28. 28
France Business Comparison
(in thousands)
Net Sales Adj. EBITDA
Adj.
EBITDA
Margin Net Sales Adj. EBITDA
Adj.
EBITDA
Margin Net Sales Adj. EBITDA
Adj.
EBITDA
Margin Net Sales Adj. EBITDA
Adj.
EBITDA
Margin
Europe, Asia & Latin America
As reported, historical 87,543$ 11,359$ 13.0% 174,772$ 20,130$ 11.5% 103,520$ 5,028$ 4.9% 198,147$ 8,062$ 4.1%
France 25,444$ 336$ 1.3% 51,690$ 124$ 0.2% 34,701$ 376$ 1.1% 69,173$ 500$ 0.7%
Pro Forma, excluding France 62,099$ 11,023$ 17.8% 123,082$ 20,006$ 16.3% 68,819$ 4,652$ 6.8% 128,974$ 7,562$ 5.9%
Total Consolidated
As reported, historical 476,428$ 59,057$ 12.4% 910,893$ 96,845$ 10.6% 490,176$ 44,050$ 9.0% 912,636$ 63,768$ 7.0%
France 25,444$ 336$ 1.3% 51,690$ 124$ 0.2% 34,701$ 376$ 1.1% 69,173$ 500$ 0.7%
Pro Forma, excluding France 450,984$ 58,721$ 13.0% 859,203$ 96,721$ 11.3% 455,475$ 43,674$ 9.6% 843,463$ 63,268$ 7.5%
Q2 2015 Six months ended June 2015 Q2 2014 Six months ended June 2014
(in thousands)
France Q2 2015 Q1 2015 YTD 2015 Q4 2014 Q3 2014 Q2 2014 Q1 2014 FY 2014
Net Sales 25,444$ 26,246$ 51,690$ 28,989$ 29,314$ 34,701$ 34,472$ 127,476$
Adjusted EBITDA 336$ (212)$ 124$ (1,607)$ (1,151)$ 376$ 124$ (2,258)$

29. 29
Reconciliation of Adjusted EBITDA to Net Income
(loss) Attributable to Masonite
(In thousands)
June 28
2015
June 29
2014
June 28
2015
June 29
2014
June 28,
2015
March 29,
2015
December 28,
2014
September 28,
2014
June 29,
2014
Adjusted EBITDA 59,057$ 44,050$ 96,845$ 63,768$ 170,164$ 155,157$ 137,087$ 117,172$ 110,007$
Less (plus):
Depreciation 14,410 14,536 29,716 29,982 60,356 60,482 60,622 60,222 59,885
Amortization 4,975 5,593 9,986 11,284 20,424 21,042 21,722 20,348 19,736
Share based compensation expense 3,106 2,797 5,485 5,080 10,010 9,701 9,605 9,335 8,921
Loss (gain) on disposal of property, plant and
equipment 350 1,036 294 2,123 1,987 2,673 3,816 2,394 (614)
Registration and listing fees — — — — — — — 423 2,421
Restructuring costs 988 560 3,344 1,281 13,200 12,772 11,137 17,357 8,709
Asset impairment — — — — 18,202 18,202 18,202 — —
Interest expense (income), net 6,787 10,594 18,540 20,587 39,478 43,285 41,525 39,476 37,359
Loss on extinguishment of debt — — 28,046 — 28,046 28,046 — — —
Other expense (income), net (635) 1,306 (1,819) 1,487 (3,893) (1,952) (587) 4,175 4,324
Income taxexpense (benefit) 15,013 1,379 18,277 1,398 21,412 7,778 4,533 (10,259) (18,535)
Loss (income) fromdiscontinued operations, net
of tax 240 170 469 312 787 717 630 838 776
Net income (loss) attributable to non-controlling
interest 381 499 2,117 1,240 4,099 4,217 3,222 1,425 2,005
Net income (loss) attributable to Masonite 13,442$ 5,580$ (17,610)$ (11,006)$ (43,944)$ (51,806)$ (37,340)$ (28,562)$ (14,980)$
Three Months Ended Six Months Ended Twelve Months Ended
(In thousands)
June 28,
2015
March 29,
2015
December 28,
2014
September 28,
2014
June 29,
2014
March 30,
2014
December 29,
2013
September 29,
2013
June 30,
2013
March 31,
2013
December 30,
2012
September 30,
2012
July 1,
2012
April 1,
2012
January 1,
2012
October 2,
2011
July 3,
2011
April 3,
2011
Adjusted EBITDA 59,057$ 37,788$ 37,722$ 35,597$ 44,050$ 19,718$ 17,807$ 28,432$ 33,461$ 26,177$ 25,617$ 24,985$ 26,940$ 19,719$ 22,281$ 20,682$ 20,455$ 18,576$
Less (plus):
Depreciation 14,410 15,306 14,798 15,842 14,536 15,446 14,398 15,505 15,651 16,526 15,862 15,859 15,686 15,941 14,958 16,015 15,048 14,763
Amortization 4,975 5,011 5,549 4,889 5,593 5,691 4,175 4,277 4,336 4,270 4,006 4,356 3,559 3,155 3,000 2,931 2,383 2,255
Share based compensation expense 3,106 2,379 2,270 2,255 2,797 2,283 2,000 1,841 2,081 1,830 1,912 1,786 1,264 1,555 1,255 1,373 1,304 1,956
Loss (gain) on disposal of property, plant and
equipment 350 (56) 1,457 236 1,036 1,087 35 (2,772) 852 110 2,041 200 399 84 1,174 1,230 1,196 54
Registration and listing fees — — — — — — 423 1,998 — — — — — — — — — —
Restructuring costs 988 2,356 (57) 9,913 560 721 6,163 1,265 1,762 1,440 6,380 3,829 681 541 806 2,451 413 1,446
Asset impairment — — 18,202 — — — — — 1,904 — 1,350 — — — — — 1,770 746
Interest expense (income), net 6,787 11,753 10,491 10,447 10,594 9,993 8,442 8,330 8,208 8,250 8,381 7,969 8,451 6,653 6,091 6,367 5,467 143
Loss on extinguishment of debt — 28,046 — — — — — — — — — — — — — — — —
Other expense (income), net (635) (1,184) (1,670) (404) 1,306 181 3,092 (255) (363) (158) (669) 80 1,259 (142) 280 914 114 (197)
Income taxexpense (benefit) 15,013 3,264 1,131 2,004 1,379 19 (13,661) (6,272) (408) (1,036) (7,027) (141) (1,181) (5,016) (4,805) (7,768) (6,094) (2,893)
Loss (income) fromdiscontinued operations, net
of tax 240 229 194 124 170 142 402 62 44 90 40 50 26 (1,596) 55 91 27 130
Net income (loss) attributable to non-controlling
interest 381 1,736 1,724 258 499 741 (73) 838 605 680 792 913 685 533 245 789 335 710
Net income (loss) attributable to Masonite 13,442$ (31,052)$ (16,367)$ (9,967)$ 5,580$ (16,586)$ (7,589)$ 3,615$ (1,211)$ (5,825)$ (7,451)$ (9,916)$ (3,889)$ (1,989)$ (778)$ (3,711)$ (1,508)$ (537)$
Three Months Ended

30. 30
Reconciliation of Adjusted EBITDA to Net Income
(loss) Attributable to Masonite’s France Business
(In thousands) June 28, 2015 June 29, 2014 December 28, 2014 June 28, 2015
Adjusted EBITDA 124$ 500$ (2,258)$ (2,634)$
Less (plus):
Depreciation 777 1,949 3,648 2,476
Amortization 99 125 243 217
Restructuring costs 1,615 — 45 1,660
Asset impairment — — 14,020 14,020
Interest expense (income), net 862 1,554 2,519 1,827
Other expense (income), net 306 510 609 405
Income taxexpense (benefit) 225 (634) (4,094) (3,235)
Net income (loss) attributable to Masonite (3,760)$ (3,004)$ (19,248)$ (20,004)$
(In thousands) June 28, 2015 March 29, 2015 December 28, 2014 September 28, 2014 June 29, 2014 March 30, 2014
Adjusted EBITDA 336$ (212)$ (1,607)$ (1,151)$ 376$ 124$
Less (plus):
Depreciation 429 348 767 932 961 988
Amortization 50 49 57 61 80 45
Restructuring costs 455 1,160 45 — — —
Asset impairment — — 14,020 — — —
Interest expense (income), net 316 546 291 674 799 755
Other expense (income), net 285 21 99 — 510 —
Income taxexpense (benefit) 135 90 (2,241) (1,219) (625) (9)
Net income (loss) attributable to Masonite (1,334)$ (2,426)$ (14,645)$ (1,599)$ (1,349)$ (1,655)$
Six Months Ended Twelve Months Ended
Three Months Ended