——Depreciation and amortization
609Share-based compensation expense (benefit)
9,447(27,037)Earnings before non-cash charges
93,454Earnings before non-cash charges per share:Basic
1.49Weighted average number of common shares outstanding:Basic
Consists of a $6.8 million impairment loss relating to a contract-based intangible asset, upon the termination of the underlying license agreement during the three months ending June 30, 2012, net of the $2.0 million of deferred revenue we recognized as a result of the terminated license agreement and the termination of our obligation to perform future services. Conference CallWe will host a half-hour teleconference on Thursday, July 26, 2012, at 9:00 a.m. Eastern Time. The teleconference is accessible by dialing 1-877-351-5881, with international callers dialing 1-970-315-0533. A rebroadcast of the teleconference will be available for one week by dialing 1-855-859-2056, with international callers dialing 1-404-537-3406 and using access code 96430669.
This teleconference is also being webcast and can be accessed via our website at http://ir.unither.com/events.cfm.
About United TherapeuticsUnited Therapeutics Corporation is a biotechnology company focused on the development and commercialization of unique products to address the unmet medical needs of patients with chronic and life-threatening conditions.
Non-GAAP Financial InformationThis press release contains a financial measure, earnings before non-cash charges, that does not comply with United States generally accepted accounting principles (GAAP).
|SOURCE United Therapeutics Corporation|
Copyright©2012 PR Newswire.
All rights reserved