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Express Scripts Reports Strong Second Quarter Earnings
Date:7/29/2009

ted in the United States. In addition, our definition and calculation of EBITDA may not be comparable to that used by other companies. (2) Non-recurring benefit related to insurance recovery of $15.0 million ($9.5 million, net of tax), included as a reduction to selling, general and administrative expense. (3) Transaction related costs include those costs directly related to our pending acquisition of NextRx, primarily comprised of professional fees of $11.7 million ($7.4 million net of tax), included in selling, general and administrative expense. Table 3 Calculation of Adjusted EPS Three Months Ended Six Months Ended June 30 June 30 -------------- ----------- 2009 2008 2009 2008 ---- ---- ---- ---- (per diluted share) GAAP EPS from continuing operations $0.74 $0.76 $1.60 $1.46 Items included in GAAP results: Non-recurring benefit related to insurance recovery (1) (0.04) (0.04) Non-recurring transaction related costs (2) 0.03 0.03 Non-recurring termination of bridge financing(3) 0.15 0.15 ---- ---- Adjusted EPS from continuing operations $0.88 $0.76 $1.74 $1.46 Other items included in GAAP results: Impact of pre-closing financing of NextRx acquisition (4) $0.05 $0.05 The Company is providing diluted earnings per share
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