(In millions, except share data) Year Ended
June 30, 1998
Year Ended
June 30, 1999
Year Ended
June 30, 2000
’99 vs ’00
% Change

Net Sales $1,313.3 $1,504.5 $1,462.1 (2.8%)
Operating income 82.2 112.8 146.5 29.9%
Income before extraordinary item (3) 5.5 32.7 133.0 306.7%
Earnings per share (1) (3) 0.01 0.68 2.50 267.6%
Adjusted EBITDA (2) 134.6 167.8 187.4 11.7%


(1) Fully diluted earnings per share before extraordinary item.
(2) Adjusted EBITDA represents EBITDA (income before interest, provision for income taxes and depreciation/amortization) before special charges and other one-time and non-cash charges.
(3) Fiscal 2000 includes a credit to income tax expense of $67.7, or $1.27 per common share.