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Thoratec Reports 10 Percent Increase in Fiscal 2007 Revenues; Fourth Quarter Revenues Largest in Company History
Date:2/5/2008

p>

Year Ended 2008

From To

(in thousands)

Operating income on a GAAP basis 150% 300%

Share-based compensation expense: -60% -121%

Amortization of purchased intangibles -75% -149%

Operating Income on a non-GAAP basis 15% 30%

Diluted net income/(loss) per share

reconciliation For the Fiscal

Year Ended 2008

From To

(in thousands, except per share data)

Diluted net income (loss) per share

on a GAAP basis $0.09 $0.12

Share-based compensation expense: 0.18 0.18

Amortization of purchased intangibles 0.22 0.22

Income tax effect of non-GAAP

adjustments (0.12) (0.12)

Convertible debt dilution impact (0.01) -

Diluted net income per share on a

non-GAAP basis $0.36 $0.40

Shares used in calculation of diluted

net income (loss) per share --GAAP 56,000 57,000

Shares used in calculation of

diluted net income per share --non-

GAAP (a) 63,000 64,000

(a) Shares used in the per share calculation for reconciling items

between GAAP and non-GAAP financial measures.

CONFERENCE CALL/WEBCAST INFORMATION

Thoratec will hold a conference call to discuss its financial results and operating activities for all interested p
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SOURCE Thoratec Corporation
Copyright©2008 PR Newswire.
All rights reserved

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