DreamWorks Animation Reports Strong Third Quarter 2015 Results, With Revenues Increasing 43% To $259 Million And Segment Gross Profit Improving 37% To $99 Million Versus Prior Year

____________________

(1)

Amortization and write-offs of film and other inventory costs in any period include depreciation and amortization, interest expense and stock-based compensation expense that were capitalized as part of film and other inventory costs in the period that those charges were incurred. For purposes of Adjusted EBITDA, we add back the portion of amortization and write-offs of film and other inventory costs that represents amounts previously capitalized as depreciation and amortization, interest expense and stock-based compensation expense.

(2)

Includes those amounts pertaining to the amortization of intangible and other assets that are classified within costs of revenues.

(3)

For the nine months ended September 30, 2015, includes an additional $7.8 million beyond the amounts reflected in the columns for the three and six months ended June 30, 2015 in the "Adjusted EBITDA Reconciliation" table that was presented in our Quarterly Report on Form 10-Q for the quarter. This amount represents an out-of-period adjustment made to the Company's unaudited consolidated financial statements as described under "Basis of Presentation—Other Adjustments."

(4)

Refer to the footnotes in the Adjusted Income/Loss Reconciliations for a description of these adjustments.

(5)

Represents the remaining portion of amortization and write-off of film and other inventory costs not already included in Adjusted EBITDA (refer to reconciliation of net income (or loss) to Adjusted EBITDA).

 

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SOURCE DreamWorks Animation SKG, Inc.

Contact:
DreamWorks Animation SKG, Inc.
Investors, Jennifer DiGrazia, DreamWorks Animation Investor Relations, (818) 695-3384
Email Contact
Chad Mihalick, DreamWorks Animation Investor Relations, (818) 695-4486
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Press, Dan Berger, DreamWorks Animation Public Relations, (818) 695-4747
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Matt Lifson, DreamWorks Animation Public Relations, (818) 695-6576
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Web: http://ir.dreamworksanimation.com



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