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Life Technologies Announces Second Quarter 2011 Results
Date:7/28/2011

>(7)

(27,972)Loss on divestiture of equity investments

-

--(7,876)

7,876

(8)

-Other income (expense), net

(3,589)-(3,589)2,019-2,019Total other income (expense), net

(45,210)

8,833(36,377)(44,061)

19,213(24,848)Income from operations before provision for income taxes

114,859

111,628226,487128,367

119,057247,424Income tax provision

(19,646)

(43,434)

(9)

(63,080)(17,826)

(55,068)

(9)

(72,894)Net income

95,213

68,194163,407110,541

63,989174,530Net loss attributable to non-controlling interests

253

(105)

(10)

14827-27Net income attributable to controlling interest$
95,466$
8,089$
3,555$
,568$
3,989$
74,557Effective tax rate

17.1%27.9%13.9%29.5%Add back interest expense for subordinateddebt, net of tax

33335050Numerator for diluted earnings  per share$
95,499

$
8,089
$
3,588
$
,618

$
3,989
$
74,607
Earnings per common share:Basic earnings per share attributable to controlling interest

$
.53
$
.91
$
.61

SOURCE Life Technologies Corporation
Copyright©2010 PR Newswire.
All rights reserved

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