Kendle Announces Third Quarter 20...((2114) - Discrete tax item ...),Health

Date:11/4/2009

(2,114) - Discrete tax item related to foreign currency hedge - - 4,441 - -------- -------- -------- -------- Pro forma net income $10,601 $10,976 $24,129 $24,435 ======== ======== ======== ======== Pro forma net income per share: Basic $0.71 $0.74 $1.62 $1.66 Diluted $0.71 $0.73 $1.61 $1.63 (1) As adjusted resulting from the adoption of new accounting guidance for convertible debt, as of January 1, 2009. See Use of Non-GAAP Measures section in the body of the press release. Kendle International Inc. Selected Balance Sheet and Other Information (In thousands) (Unaudited) Selected Balance Sheet Information: September 30, 2009 December 31, 2008 (1) ------------------ --------------------- Cash, cash equivalents and marketable securities (including restricted cash) $57,703 $36,053 Receivables, net of advance billings 49,204 63,410 Convertible notes, Net of discount 141,726 171,848 Net Service Revenues by Geographic Region: Three Months Ended Nine Months Ended September 30, September 30, ------------------- ------------------- 2009 2008 2009 2008 -------- -------- -------- -------- North America 45%
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SOURCE Kendle International Inc. Copyright©2009 PR Newswire. All rights reserved

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