DREAMWORKS ANIMATION SKG, INC.

ADJUSTED INCOME/LOSS RECONCILIATIONS

(Unaudited)

Three Months Ended

Year Ended

December 31,

December 31,

2015

2014

2015

2014

(in thousands, except per share amounts)

Operating income (loss) — as reported

$

50,399

$

(247,713)

$

16,439

$

(300,043)

Reverse 2015 Restructuring Plan charges:

Employee-related termination costs⁽¹⁾

(403)

43,393

2,394

43,393

Relocation and other employee-related costs⁽²⁾

1,772

—

6,459

—

Lease obligations and related charges⁽³⁾

209

—

1,319

—

Accelerated depreciation and amortization charges⁽⁴⁾

—

—

20,132

—

Film and other inventory write-offs⁽⁵⁾

—

155,452

—

155,452

Other contractual obligations⁽⁶⁾

—

11,229

—

11,229

Additional labor and other excess costs⁽⁷⁾

4,487

—

32,085

—

Total restructuring-related charges

6,065

210,074

62,389

210,074

Adjusted operating income (loss)

$

56,464

$

(37,639)

$

78,828

$

(89,969)

Net income (loss) attributable to DreamWorks Animation SKG, Inc. — as reported

$

42,073

$

(263,219)

$

(54,806)

$

(309,614)

Reverse 2015 Restructuring Plan charges:

Employee-related termination costs ⁽¹⁾

(403)

43,393

2,394

43,393

Relocation and other employee-related costs ⁽²⁾

1,772

—

6,459

—

Lease obligations and related charges ⁽³⁾

209

—

1,319

—

Accelerated depreciation and amortization charges ⁽⁴⁾

—

—

20,132

—

Film and other inventory write-offs ⁽⁵⁾

—

155,452

—

155,452

Other contractual obligations ⁽⁶⁾

—

11,229

—

11,229

Additional labor and other excess costs ⁽⁷⁾

4,487

—

32,085

—

Total restructuring-related charges

6,065

210,074

62,389

210,074

Tax impact ⁽⁸⁾

—

(10,924)

—

(19,537)

Adjusted net income (loss) attributable to DreamWorks Animation SKG, Inc.

$

48,138

$

(64,069)

$

7,583

$

(119,077)

Diluted income (loss) per share — as reported

$

0.48

$

(3.08)

$

(0.64)

$

(3.65)

Reverse 2015 Restructuring Plan charges:

Employee-related termination costs ⁽¹⁾

—

0.51

0.03

0.51

Relocation and other employee-related costs ⁽²⁾

0.02

—

0.08

—

Lease obligations and related charges ⁽³⁾

—

—

0.02

—

Accelerated depreciation and amortization charges ⁽⁴⁾

—

—

0.23

—

Film and other inventory write-offs ⁽⁵⁾

—

1.82

—

1.83

Other contractual obligations ⁽⁶⁾

—

0.13

—

0.13

Additional labor and other excess costs ⁽⁷⁾

0.05

—

0.37

—

Total restructuring-related charges

0.07

2.46

0.73

2.47

Tax impact ⁽⁸⁾

—

(0.13)

—

(0.23)

Adjusted diluted income (loss) per share

$

0.55

$

(0.75)

$

0.09

$

(1.41)