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Caliper Life Sciences Reports Fourth Quarter and Full Year 2008 Results
Date:3/12/2009

share excluding share-based compensation, purchase accounting revenue and cost of sales fair value adjustments due to business combination accounting rules, amortization of intangible assets, impairment charges and restructuring and severance costs. Adjusted earnings per share is calculated by subtracting the total per share effect of these adjustments from GAAP EPS.

    The adjustments are as follows:

     1) We exclude share-based compensation from this measure because share-
        based compensation plans involve sensitive measures and assumptions in
        calculating the expense that could vary dramatically between us and
        our peers, which we believe makes comparisons of long-range trends
        difficult for management or investors, and could result in overstating
        or understating the costs of developing, producing, supporting and
        selling our products and the costs to support our internal operating
        structure.

     2) We exclude purchase accounting revenue fair value adjustments (net of
        associated costs) from this measure due to business combination
        accounting rules that would otherwise result in such revenues (and
        associated costs) to be recognized on a continuing GAAP basis because
        management expects that the contractual arrangements underlying these
        revenues will be renewed and that our investors will use this
        adjustment as a basis for measuring our ongoing performance, although
        there can be no assurance that such contractual arrangements will be
        renewed.

     3) We exclude amortization of intangible assets from this measure because
        we believe intangible asset amortization charges do not represent what
        our management and our investors believe are the costs of developing,
        producing, supporting and selling our products and the costs to
        support our internal operating structure.

 
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SOURCE Caliper Life Sciences, Inc.
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3. Caliper Life Sciences Reports Third Quarter 2008 Results; Sharpens Growth Focus, Strengthens Balance Sheet and Reduces Costs
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5. Caliper Life Sciences Third Quarter 2008 Financial Results Conference Call Notice
6. Caliper Life Sciences and DiscoveRx Announce Availability of PathHunter eXpress Reagents for GPCR Assays
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11. Caliper Life Sciences Reports Second Quarter 2008 Results
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