EFTA Document EFTA01382417

Amendment No. 3 to Form S-1 Table of Contents AB ACQUISITION LLC AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements (unaudited) The following weighted-average assumptions were used to value the Company's equity-based awards granted March 5, 2015: June 20, 2015 Dividend yield —% Expected volatility 41.7% Risk-free interest rate 0.61% Time to liquidity 1.9 years Discount for lack of marketability 16.0% NOTE 6-NET LOSS PER UNIT The following table sets forth the computation of basic and diluted net loss per Tracking group unit and per Residual group unit (in millions): 16 weeks ended June 20, 2015 June 12, 2014 Net loss $ (153.3) $ (116.9) Less: distributions to Tracking group Less: undistributed loss available to Tracking group up to Distribution Targets (153.3) (116.9) Net loss from continuing operations available to Tracking group and Residual group unitholders Net loss and distributions attributable to: Tracking group unitholders—basic $ (153.3) $ (116.9) Residual group unitholders—basic Tracking group unitholders—diluted (153.3) (116.9) Residual group unitholders—diluted Weighted average Tracking group units outstanding used in computing net loss attributable to Tracking group unitholders—basic and diluted 297.19 127.80 Weighted average Residual group units outstanding used in computing net loss attributable to Residual group unitholders—basic 14.91 0.66 Net loss per unit attributable to: Tracking group—basic $ (0.52) $ (0.91) Residual group—basic Tracking group—diluted (0.52) (0.91) Residual group—diluted For the 16 weeks ended June 20, 2015, 2.8 million units and 9.0 million units for the Tracking group and Residual group, respectively, have been excluded from diluted weighted-average units outstanding because their inclusion would be anti-dilutive. The units excluded for the Tracking group represent the units collateralizing the loans to members. For the 16 weeks ended June 12, 2014, 2.0 million units for the Residual group have been excluded from diluted weighted-average units outstanding because their inclusion would be anti-dilutive. F-16 (Continued) hill/ V.1% V....we go% An:Imes edgar data 1646972 000119312515335826s1900395dsla.html10 14'2015 9:03:02 Ab.41 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0081764 SDNY_GM_00227948 EFTA01382417