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Varian, Inc. Reports First Quarter 2008 Results
Date:1/23/2008

ND SUBSIDIARY COMPANIES

RECONCILIATION OF GAAP TO ADJUSTED RESULTS - ACTUAL

UNAUDITED RESULTS OF OPERATIONS

(In thousands)

First Quarter FY 2008 and First Quarter FY 2007

Fiscal Quarter Ended

------------------------------

December 28, December 29,

2007 2006

------------ ------------

TOTAL COMPANY

------------

Cost of Sales

U.S. GAAP as reported $130,129 $118,239

Adjustments:

Share-based compensation expense (109) (108)

Acquisition-related intangible

amortization (1,391) (1,346)

Acquisition-related inventory

write-up amortization (480) (271)

Restructuring and other related costs (488) -

------------ ------------

As adjusted $127,661 $116,514

============ ============

Selling, General and Administrative

U.S. GAAP as reported $65,980 $61,201

Adjustments:

Share-based compensation expense (1,414) (2,609)

Acquisition-related intangible

amortization (438) (901)

Restructuring and other related costs (1,193) (115)

------------ ------------

As adjusted
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SOURCE Varian, Inc.
Copyright©2008 PR Newswire.
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