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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

634 (5) 629

Costs and expenses:

Cost of sales 275 (47)(b),(c),(d) 228

Selling, general and

administrative 188 (4)(b),(d),(g) 184

Research and development 66 - 66

Write-off of acquired IPR&D 3 (3)(e) -

Earnings from operations 102 49 151

Interest income 8 - 8

Interest expense 42 - 42

Other (expense) income, net 4 - 4

Earnings before income taxes and

minority interest 72 49 121

Income tax expense 26 10(h) 36

Minority interest income (loss),

net of taxes - - -

Net earnings from continuing

operations 46 39 85

Net loss from discontinued

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

Net earnings $45 $40 $85

Diluted:

Earnings per common share -

continuing operations $0.42 $0.77

Loss per common share -

discontinued operations $(0.01) $-

Net earnings per common share -

diluted $0.41 $0.77

Weighted average shares -

diluted 108 108

Summary of Adjustment Items:

Three Months Ended

June 30,

2008 2007

(a) In order to provide investors and management a basis
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SOURCE Barr Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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