Navigation Links
Shire plc: Strong Third Quarter and Increased Non GAAP Earnings Expectations
Date:10/24/2013

>Divestments, reorganizations and discontinued operations: Re-measurement of DAYTRANA contingent consideration to higher fair value ($3.6 million), costs relating to the "One Shire" reorganization announced at Q1 2013 and the collective dismissal and closure of Shire's facility at Turnhout, Belgium ($13.7 million), and tax effect of adjustments;
  • Legal and litigation costs: Costs related to litigation, government investigations, other disputes and external legal costs ($8.5 million), and tax effect of adjustments; and
  • Depreciation reclassification: Depreciation of $33.8 million included in Cost of product sales, R&D costs and SG&A costs for US GAAP separately disclosed for the presentation of Non GAAP earnings.


  • Unaudited results for the three months to September 30, 2012

    Non GAAP reconciliation

    3 months to September Non 30, 2012 US GAAP Adjustments GAAP (a) (b) (c) (d) (e) $M $M $M $M $M $M $M Total revenues 1,100.4 - - - - - 1,100.4 Costs and expenses: Cost of product sales 167.9 - - - - (9.4) 158.5 R&D 224.7 - - - - (5.5) 219.2 SG&A 437.4 (50.0) - - (4.5) (14.2) 368.7 Gain on sale of product rights (5.7) - - 5.7 - - - Integration and acquisition costs 2.7 - (2.7) - - - - Depreciation - - - - - 29.1 29.1 Total operating expenses 827.0 (50.0) (2.7) 5.7 (4.5) - 775.5 Operating income 273.4 50.0 2.7 (5.7) 4.5 - 324.9 Interest income 0.9 - - - - - 0.9 Interest expense (9.2) - - - - - (9.2) Other income, net 3.5 - - - - - 3.5 Total other expense, net (4.8) - - - - - (4.8) Income before income taxes and equity in earnings of equity method investees 268.6 50.0 2.7 (5.7) 4.5 - 320.1 Income taxes (41.6) (14.3) (1.1) - (1.5) - (58.5) Equity in earnings of equity method investees, net of tax 0.2 - - - - - 0.2 Net income 227.2 35.7 1.6 (5.7) 3.0 - 261.8 Impact of convertible debt, net of tax 7.5 - - - - - 7.5 Numerator for diluted EPS 234.7 35.7 1.6 (5.7) 3.0 -
    '/>"/>

    SOURCE Shire plc
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29

    Related biology technology :

    1. Shire to Acquire FerroKin BioSciences, Inc., and its Phase 2 Iron Chelator Treatment
    2. Heptares Grants Shire an Exclusive Worldwide Licence to Develop and Commercialise Novel Drug Candidate for CNS Disorders
    3. Shire plc: First Quarter 2012 Results Date Notification - April 26, 2012
    4. Shire Facebook Page Increases Awareness of Hereditary Angioedema (HAE) in Support of First HAE Awareness Day May 16th
    5. Berkshire Corporation Offers Live Chat For Americas Website and Shopping Cart
    6. Shire Changes its NASDAQ Ticker Symbol to SHPG
    7. Dr. Jeff Jonas Appointed President of Shire Regenerative Medicine Business and Joins Shire Leadership Team
    8. Shire and Boston Childrens Hospital Enter Into Broad Research Collaboration
    9. Shire Reaches Agreement in Principle With U.S. Government
    10. Shire Regenerative Medicine Initiates Phase 3 Study of ABH001 for Patients with Epidermolysis Bullosa
    11. Shire to Acquire SARcode Bioscience, Expands Presence in Ophthalmology
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:10/19/2014)... The report "Unmanned Ground Vehicle Market by ... Type & by Geography - Forecasts & Analysis ... vehicle market into various sub segments with an ... report also identifies the factors driving this market, ... the adoption trends. , The unmanned ground vehicle ...
    (Date:10/18/2014)... The Asia-Pacific Bio-based Advanced Phase Change ... advanced phase change material market in Asia-Pacific with ... the TOC of the Asia-Pacific Bio-based Advanced Phase ... of the in-depth analysis provided. This also provides ... bio-based advanced phase change material market, and is ...
    (Date:10/18/2014)... The Asia-Pacific hardware encryption display market ... with analysis and forecast of revenue. This market was ... reach $51,362.6 million by 2018, at a CAGR of ... TOC of the Asia-Pacific hardware encryption market report, to ... also provides a glimpse of the segmentation of the ...
    (Date:10/18/2014)... The Biomass Power industry ... years to 2014. The industry's expansion has been propelled ... that encouraged the use of biomass power. Furthermore, the ... which require local utilities to generate electricity from renewable ... Increased campaigning for green technology also influenced industry performance ...
    Breaking Biology Technology:Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 2Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 3Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 4Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 5The Asia-Pacific Bio-based Advanced Phase Change Materials Market is estimated to grow to $39.8 million by 2018 - New Report by MicroMarket Monitor 2The Asia-Pacific Bio-based Advanced Phase Change Materials Market is estimated to grow to $39.8 million by 2018 - New Report by MicroMarket Monitor 3The Asia-Pacific Bio-based Advanced Phase Change Materials Market is estimated to grow to $39.8 million by 2018 - New Report by MicroMarket Monitor 4The Asia-Pacific hardware encryption display market is expected to reach $51,362.6 million by 2018 - New Report by MicroMarket Monitor 2The Asia-Pacific hardware encryption display market is expected to reach $51,362.6 million by 2018 - New Report by MicroMarket Monitor 3Biomass Power in the US Industry Market Research Report from IBISWorld Has Been Updated 2Biomass Power in the US Industry Market Research Report from IBISWorld Has Been Updated 3
    ... WEST CONSHOHOCKEN, Pa., Nov. 12 GEL Interactive,Technologies, ... Kent,Senior Product Director, will be a featured speaker ... Annual Forum on Defining Appropriate,and Effective Interactions with ... 5th Annual Forum provides a platform for attendees ...
    ... MELBOURNE, Australia, Nov. 12 Phosphagenics,Limited ("Phosphagenics") (ASX: ... initiated a phase 1 human clinical trial ... the targeted delivery of a leading non ... compare the,bioavailability and penetration of the topically ...
    ... EMERYVILLE, Calif., Nov. 12 Bionovo, Inc.,(Nasdaq: BNVI ... to the,company,s Scientific Advisory Board. Dr. Weiss is a ... a leading researcher,at the Cardiovascular Research Institute and the ... (UCSF)., "We are very excited to have Ethan ...
    Cached Biology Technology:Cadient Group's GEL Interactive Technologies to Present and Exhibit at CBI's 5th Annual Forum 2Transdermal Diclofenac enters Phase 1 Clinical Trial in Humans 2Ethan Weiss, M.D., Joins Bionovo's Scientific Advisory Board 2Ethan Weiss, M.D., Joins Bionovo's Scientific Advisory Board 3
    (Date:10/16/2014)... synthesis of recent research findings to inform their management ... states. , The Ecology and Management of Moist ... of the Relevant Biophysical Science and Implications for Future ... U.S. Forest Service,s Pacific Northwest Research Station, is a ... synthesis of the large body of scientific information on ...
    (Date:10/16/2014)... NXT-ID, Inc. (NASDAQ: NXTD ... company focused on the growing mobile commerce market announces ... the Smart Wallet, at the 13 th annual ... global conference on the intersection of technology and the ... , founder and publisher of the Strategic News Service™, ...
    (Date:10/15/2014)... is spreading rapidly and to an unexpected extent. The ... past and the virus shows a new disease dynamic ... For this reason, the German National Academy of Sciences ... Engineering, and the Union of the German Academies of ... Ebola epidemic today. , In the statement the academies ...
    Breaking Biology News(10 mins):New report synthesizes best available science on management of moist mixed-conifer forests 2NXT-ID Inc. to Present at 13th Annual FiRe Conference 2NXT-ID Inc. to Present at 13th Annual FiRe Conference 3Academies call for consequences from the Ebola virus epidemic 2Academies call for consequences from the Ebola virus epidemic 3Academies call for consequences from the Ebola virus epidemic 4Academies call for consequences from the Ebola virus epidemic 5
    ... a share of grants totalling over 1m to target ... Dr. Declan Bates, a senior lecturer in the Department ... of 1,068,000 in the form of just two research ... Council (EPSRC) and the other from the Biotechnology and ...
    ... molecular mechanisms by which plants protect themselves from oxidation ... a team of researchers has discovered a molecular dimmer ... moving through the system of light harvesting proteins. This ... artificial photosynthesis systems that could provide the world with ...
    ... Fla. Two University of Miami (UM) students have ... Foundation (NSF) for their doctoral work on coral reefs. ... years of support for their work in the laboratory ... Division of Marine Biology and Fisheries at UMs Rosenstiel ...
    Cached Biology News:Engineer to spearhead research into cell metabolism and medical injuries 2Berkeley researchers identify photosynthetic dimmer switch 2Berkeley researchers identify photosynthetic dimmer switch 3Berkeley researchers identify photosynthetic dimmer switch 4Everything's coming up corals 2Everything's coming up corals 3
    ... antibody detects an ~185 kDa protein, corresponding ... phosphorylated at tyrosine 1248 on SDS-PAGE immunoblots. ... adsorbed against the non-phosphorylated peptide to remove ... of the protein. In cell lines ...
    Mouse Anti-Human Methyl-CpG binding domain protein 2 (MBD2 Monoclonal Antibody Family: Other Applications: Western Blot...
    V beta 5 Purified Anti-Human clone MH3-2, Isotype Mouse IgG 2a , kappa, 0.1 mg Consult technical datasheet for details....
    ... The PROTEAN II xi 2-D system runs both ... first-dimension IEF tube gels can be separated in a ... onto the cooling core in much the same manner ... are running, the second-dimension slab gels may be cast ...
    Biology Products: