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Amgen's Second Quarter 2009 Adjusted Earnings Per Share Increased 13 Percent To $1.29
Date:7/27/2009

----- Operating income $2,594 $- $2,594 Interest expense, net 171 115 286 Interest and other income, net 202 - 202 --- --- --- Income before income taxes 2,625 (115) 2,510 Provision for income taxes 548 (44) 504 --- --- --- Net income $2,077 $(71) $2,006 ====== ==== ====== Earnings per share: Basic $1.92 $(0.07) $1.85 Diluted $1.91 $(0.06) $1.85 (b) To exclude the impact of stock option expense recorded in accordance with Statement of Financial Accounting Standards ("SFAS") No. 123R. For the three and six months ended June 30, 2009 and 2008, the total pre-tax expense for employee stock options in accordance with SFAS No. 123R was $35 million and $59 million, respectively, and $24 million and $52 million, respectively. "Adjusted" diluted EPS including the impact of stock option expense for the three and six months ended June 30, 2009 and 2008 was as follows: Three months ended Six months ended June 30, June 30, ------------------ ----------------- 2009 2008 2009 2008 ---- ---- ---- ---- "Adjusted" diluted EPS, excluding stock
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