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Barr Reports Second Quarter 2008 GAAP Earnings of $0.52 Per Share; Adjusted Earnings of $0.64 Per Share
Date:8/7/2008

come tax expense 48 26 65 35

Minority interest income (loss),

net of taxes 1 - 1 (2)

Net earnings from continuing

operations 57 46 80 59

Net loss from discontinued

operations, net of taxes - (1) - (2)

Net earnings $57 $45 $80 $57

Earnings per common share - diluted:

Earnings per common share -

continuing operations $0.52 $0.42 $0.73 $0.54

Loss per common share - discontinued

operations - (0.01) - (0.02)

Net earnings per common share -

diluted $0.52 $0.41 $0.73 $0.52

Weighted average shares - assuming

dilution 109 108 109 108

Stock-based compensation expense:

Cost of sales $3 $2 $5 $4

Selling, general and administrative 5 5 8 8

Research and development 2 1 3 3

Total stock-based compensation

expense $10 $8 $16 $15

$ in millions As of As of

June 30, Dec. 31,

2008 2007

Cash & cash equivalents $513 $246

Marketable securities - current 34 288

Account receivable, net 580 497

Other receivables 98 86

Inventories 471 454

Marketable securities - long-term 21 17

Accounts payable & accrued

liabilities 442 443

Working capital
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SOURCE Barr Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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