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Mindray Announces Third Quarter 2009 Financial Results
Date:11/9/2009

administrative expenses (note 2) (12,652) (11,291) (24,867) (31,524) Research and development expenses (note 2) (14,616) (14,168) (35,360) (43,636) Realignment costs - post acquisition -- (1,030) -- (1,030) Expense of in- progress research & development -- -- (6,600) -- Operating income 30,150 34,227 85,866 102,623 Other income, net 1,286 18,719 2,910 19,071 Interest income 2,957 1,776 7,486 4,717 Interest expense (1,577) (1,091) (2,537) (3,881) Income before income taxes and non- controlling interest 32,816 53,631 93,725 122,530 Provision for income taxes (4,840) (10,209) (16,640) (20,753) Non-controlling interest -- -- -- -- Net Income $27,976 43,422 77,085 101,777 Basic earnings per share 0.26 0.40 0.72 0.94 Diluted earnings per share 0.24 0.38 0.68 0.90 Shares used in the computation of: Basic earnings per share $107,538,933 108,845,481 107,256,059 108,337,457 Diluted earnings per share $114,573,283 113,374,202 114,130,393 112,671,743 (2) Share-based compensation charges incurred during the period related to: Cost of revenues 113 124 334 373 Selling expenses 898 878 2,514 2,858 General and administrative expenses 767 832 1,997 2,574 Rese
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SOURCE Mindray Medical International Limited
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