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IDEXX Laboratories Announces Fourth Quarter and Full Year Results
Date:1/30/2009

108,119 Research and development 17,063 16,769 70,552 67,338 Loss on disposition of pharmaceutical product lines and related restructuring 1,479 - 1,479 - Income from operations 35,849 36,742 172,456 136,183 Interest income (expense), net (581) (19) (2,269) (1,340) Income before provision for income taxes 35,268 36,723 170,187 134,843 Provision for income taxes 11,713 11,195 54,018 40,829 Net Income: Net income $23,555 $25,528 $116,169 $94,014 Earnings per share: Basic $0.40 $0.42 $1.94 $1.53 Earnings per share: Diluted $0.39 $0.40 $1.87 $1.46 Shares outstanding: Basic 59,453 61,186 59,953 61,560 Shares outstanding: Diluted 61,083 64,156 62,249 64,455

    IDEXX Laboratories, Inc. and Subsidiaries
    Key Operating Information (Unaudited)

                                      Three Months Ended  Twelve Months Ended
                                     December   December December   December
                                        31,        31,      31,        31,
                                        2008      2007      2008      2007
    Key Operating   Gross profit       49.5%     49.9%     51.7%     50.2%
    Ratios (as a    Sales, marketing,
    percentage of    general and
    revenue):        administrative
                     expense           27.2%     28.1%     27.9%     28.
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SOURCE IDEXX Laboratories, Inc.
Copyright©2009 PR Newswire.
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