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STERIS Corporation Announces Fiscal 2009 Second Quarter and First Half Results
Date:10/30/2008

ata)

Three Months Ended Six Months Ended

September 30, September 30,

2008 2007 2008 2007

(Unaudited) (Unaudited) (Unaudited) (Unaudited)

Revenues $323,127 $295,002 $634,692 $575,946

Cost of revenues 190,764 174,794 371,828 340,138

Gross profit 132,363 120,208 262,864 235,808

Operating expenses:

Selling, general,

and administrative 77,290 84,531 164,638 167,914

Research and

development 8,068 8,531 16,347 17,790

Restructuring expense 37 698 (129) 2,089

Total operating expenses 85,395 93,760 180,856 187,793

Income from operations 46,968 26,448 82,008 48,015

Non-operating

expense, net 1,978 864 3,363 1,637

Income tax expense 16,196 9,566 24,351 17,157

Net income $28,794 $16,018 $54,294 $29,221

Earnings per common

share (EPS) data:

Basic $0.49 $0.25 $0.92 $0.45

Diluted $0.48 $0.25 $0.90 $0.45

Cash dividends declared

per common share

outstanding $0.08 $0.06 $0.14 $0.11

Weighted average number

of common shares

outstanding used in

EPS computation:

Basic number of

common shares

outstanding 59,312 64,207 59,003 64,612

Diluted number of

common shares

outstanding 60,376 65,047 60,012 65,478

STERIS Corporation

Consolidated Conde
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SOURCE STERIS Corporation
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