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Kendle Announces Third Quarter 2009 Results
Date:11/4/2009

ree Months Nine Months ------------- ------------- Reconciliation of pro forma net service revenues: Net service revenues, as reported $104,588 $320,042 Constant currency adjustment 7,277 35,310 ------------- ------------- Net service revenues, as adjusted for constant currency $111,865 $355,352 ------------- ------------- Reconciliation of pro forma income from operations: Income from operations, as reported $15,533 $30,648 Constant currency adjustment 2,308 8,507 Restructuring charge, as adjusted for constant currency - 6,901 ------------- ------------- Income from operations, as adjusted for constant currency and restructuring charge $17,841 $46,056 ============= ============= Three Months Ended Nine Months Ended September 30, September 30, ------------------- ------------------- 2009 2008(1) 2009 2008(1) -------- -------- -------- -------- Reconciliation of pro forma net income: Net income, as reported $8,826 $9,381 $12,906 $19,788 Additional interest expense related to convertible debt 1,541 1,595 4,969 4,647 Restructuring expense, net of tax 234 - 3,927 - Gain (loss) on extinguishment of debt, net of tax - -
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SOURCE Kendle International Inc.
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