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Gen-Probe Reports Financial Results for the Fourth Quarter of 2011

,238Net income per share:Basic

$  0.73

$  (0.30)

$  0.43$  0.61

$  (0.04)

$  0.57Diluted

$  0.72

$  (0.30)

$  0.42$  0.61

$  (0.05)

$  0.56Weighted average shares  outstanding:Basic


46,94446,94448,45548,455Gen-Probe IncorporatedConsolidated Statements of Income – Non-GAAP Reconciliations(In thousands, except per share data)

(Unaudited)Twelve Months EndedTwelve Months EndedDecember 31, 2011December 31, 2010Non-GAAPAdjustmentsGAAPNon-GAAPAdjustmentsGAAPRevenues:Product sales


$  —


$  —

$522,709Collaborative research revenue



14,518Royalty and license revenue



6,100Total revenues



543,327Operating expenses:Cost of product sales (excluding acquisition-related intangible amortization)





169,222Acquisition-related intangible amortization




8,847Research and development




111,103Marketing and sales




59,492General and administrative





56,818Goodwill and asset impairment charges



—Total operating expenses





405,482Income from operations





137,845Other income (

SOURCE Gen-Probe Incorporated
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