Beckman Coulter Announces Fourth Quarter and Full Year 2008 Results; Earnings Outlook Achieved on Strong Fu...(ket value inventory adjustment (g) 1.0 ...)
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Beckman Coulter Announces Fourth Quarter and Full Year 2008 Results; Earnings Outlook Achieved on Strong Fundamentals
Date:2/9/2009
ket value inventory adjustment (g) 1.0 - Rental tax dispute (h) - 1.6 --- --- Adjusted operating income (2) $363.7 $327.1 ====== ====== GAAP operating margin 9.6% 9.9% Impact of adjustments (2) 2.1% 1.9% ---- --- Adjusted operating margin (2) 11.7% 11.8% ===== ==== (1) Amounts may not foot due to rounding. (2) See accompanying Non-GAAP Financial Measures section for description of Non-GAAP adjustments. BECKMAN COULTER, INC. RECONCILIATION OF GAAP NET EARNINGS TO ADJUSTED NET EARNINGS (1) (in millions, except amounts per share) (unaudited) Quarter Ended December 31, -------------------------- 2008 2007 -------------------- ----------------- Per Per Diluted Diluted Amount Share Amount Share ------ ------- ------ ------- GAAP net earnings $77.2 $1.21 $44.8 $0.69 Reconciling items: ----------------- Restructuring expenses (a) 8.2 0.13 4.2 0.07 NexGen acquisition (e) - - 35.4 0.55 Adjustment for income taxes
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