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PAREXEL Reports Second Quarter Fiscal Year 2011 Financial Results

.47Shares used in computing earnings per common share:  Basic58,48358,48357,87457,874  Diluted59,67359,67358,10458,104(a) Prior year numbers have been reclassified to conform with the current year presentation.(b) Accelerated depreciation on abandoned facilities associated with the Q2 FY10 Restructuring Plan.(c) Release of certain reserves associated with a Q2 FY09 charge related to a client contract default.(d) Restructuring charges of $5.2 million related to facilities costs and $3.6 million related to compensation costs.(e) Impairment charges on an asset (FY11) and an investment (FY10).(f) Tax expense related to items above.PAREXEL International CorporationSegment InformationUnauditedThree Months EndedThree Months Ended(in thousands)December 31, 2010December 31, 2009 (a)Clinical Research Services (CRS)Service revenue $
221,570% of total service revenue76.0%77.8%Gross profit$
79,813Gross margin % of service revenue33.2%36.0%PAREXEL Consulting & Medical Communications  Services (PCMS)Service revenue$
29,731% of total service revenue10.5%10.4%Gross profit$
,546Gross margin % of service revenue40.2%35.5%Perceptive Informatics, Inc. (PII)Service revenue$
33,430% of total service revenue13.5%11.8%Gross profit$
3,096Gross margin % of service revenue44.3%39.2%Total service revenue$
284,731Total gross profit$
3,455Gross margin % of service revenue35.4%36.3%Revenue by GeographyThe Americas$
8,913Europe, Middle East & Africa136,201142,459Asia/Pacific40,96433,359Total service revenue$
284,731Quarterly Supplemental Financial DataTotal revenue$
337,980Investigator fees50,00350,672Gross revenue$
388,652Days sales outstanding6950Capital expenditures16,02314,454(a) Prior year number

SOURCE PAREXEL International Corporation
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