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IDEXX Laboratories Announces Second Quarter Results
Date:7/24/2009

---------------------------------------------------------- Gross profit 138,440 151,260 262,873 281,096 Sales and marketing 41,876 44,214 82,861 88,215 General and administrative 30,794 29,881 59,862 59,702 Research and development 16,594 18,274 32,533 35,569 ------------------------------------------------------------ Income from operations 49,176 58,891 87,617 97,610 Interest expense, net 403 643 799 1,128 ------------------------------------------------------------ Income before provision for income taxes 48,773 58,248 86,818 96,482 Provision for income taxes 15,106 18,884 27,080 29,567 ------------------------------------------------------------ Net Income: Net income $33,667 $39,364 $59,738 $66,915 ------------------------------------------------------------ Earnings per share: Basic $0.57 $0.66 $1.01 $1.11 ------------------------------------------------------------ Earnings per share: Diluted $0.55 $0.63 $0.98 $1.06 ------------------------------------------------------------ Shares outstanding: Basic 58,911 60,029 59,041 60,448 ------------------------------------------------------------ Shares outstanding: Diluted 60,697 62,440 60,688 63,017 ------------------------
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SOURCE IDEXX Laboratories, Inc.
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