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Non-GAAP Financial Measures
"GAAP" refers to financial information presented in accordance with generally accepted accounting principles in the United States.
This press release includes non-GAAP financial measures, as defined in Regulation G promulgated by the Securities and Exchange Commission, with respect to the three and nine months ended September 30, 2007 and September 30, 2006 and with respect to Outlook for the full year of 2007.
In this press release, the company reported the following non-GAAP
financial measures: "EBITDA", "free cash flow", "adjusted net earnings" and
related "adjusted operating income", "adjusted pretax profit", and
"adjusted diluted earnings per share." This presentation is consistent with
our internal use of the measures, which we use to measure the profitability
of ongoing operating results against prior periods and against our
internally developed targets. Our outlook for adjusted operating margin and
adjusted EPS for 2007 is provided on a non-GAAP basis. Management believes
that its presentation of these non-GAAP financial measures provides useful
supplementary information to investors regarding its operational
performance because it enhances an investor's overall understanding of the
financial performance to conduct a more meaningful, consistent comparison
of our ongoing operating results. Management uses non-GAAP financial
measures because it believes that the appropriate analysis of our
profitability cannot be effectively considered while incorporating the
effect of unusual items and charges that have not been experienced
consistently in prior perio
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| SOURCE Beckman Coulter, Inc. Copyright©2007 PR Newswire. All rights reserved |