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Boston Scientific Announces Results for Second Quarter Ended June 30, 2009
Date:7/20/2009

OSTON SCIENTIFIC CORPORATION NON-GAAP NET INCOME AND NET INCOME PER COMMON SHARE RECONCILIATIONS (Unaudited) Three Months Ended June 30, Six Months Ended June 30, ---------------------------------------------------- 2009 2008 2009 2008 ------------- ------------ ------------ ------------ Impact Impact Impact Impact per per per per in millions, except Net diluted Net diluted Net diluted Net diluted per share data income share income share income share income share ------------------------------------------------------------------------ GAAP results $158 $0.10 $98 $0.07 $145 $0.10 $420 $0.28 Non-GAAP adjustments: Intangible asset impairment charges 8 0.01 8 0.01 Acquisition- related charges 17 0.01 19 0.01 17 0.01 27 0.02 Divestiture- related losses (gains) 64 0.04 (2) (0.00) (51) (0.04) Restructuring- related charges 22 0.02 15 0.01 47 0.03 47 0.03 Litigation- related charges 240 0.15 Discrete tax items (11) (0.01) (74) (0.05) Amortization expense 103 0.07 108 0.07 205 0.14 218 0.15 ------------- ------------ ------------ ------------ Adjusted results $297 $0.20 $304 $0.20 $586 $0.39 $661 $0.44 ============= ============ ============ ============ An explanation of the Company's use of these non-GAAP measures is provided at the end of this document.
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SOURCE Boston Scientific Corporation
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