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Thoratec Reports 10 Percent Increase in Fiscal 2007 Revenues; Fourth Quarter Revenues Largest in Company History

December 29, December 31,

2007 2006 2007 2006



on a


basis $1,162 46.4% $826 36.7% $893 38.1% $1,463 58.3%





gibles (1,375) (1,289) (5,033) (4,822)




provision (2) (11) 33 (179)




and other - (47) - (456)





expense (2,107) (333) (3,510) (1,752)






ment - (448) - (448)

Tax expense

on a


basis $(2,322) -26.0% $(1,302) -15.2% $(7,617) -29.0% $(6,194) -23.2%

The following tables reconcile the Guidance on a GAAP and Non-GAAP basis for the periods shown below:


Reconciliation of GAAP to Non-GAAP Forward-Looking Guidance


(in thousands, except for per share data)

Gross margin For the Fiscal

Year Ended 2008

From To

(in thousands)

Gross profit on a GAAP basis 58% 59%

Share-based compensation expense:

- Cost of product sales 1% 1%

Gross profit on a non-GAAP basis 59% 60%

Operating Income For the Fiscal'/>"/>

SOURCE Thoratec Corporation
Copyright©2008 PR Newswire.
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