AP measures to their most closely
applicable GAAP measure set forth below and should consider non-GAAP
measures only as a supplement to, not as a substitute for or as a superior
measure to, measures of financial performance prepared in accordance with
GAAP.
Below is a reconciliation of adjusted net earnings available to common
shareholders and adjusted diluted EPS to GAAP net (loss) earnings available
to common shareholders and diluted GAAP EPS:
Three months Three months
ended ended
($'s in millions except per
share amounts) June 30, 2008 June 30, 2007
GAAP net (loss) earnings available
to common shareholders & diluted
GAAP EPS $(8.4) $(0.03) $79.7 $0.32
Purchase accounting related
amortization (1) 112.1 18.8
Specialty Segment profitability (19.7) -
Loss on foreign currency contract - 57.5
Bystolic revenue (9.8) -
Integration and other non-recurring
expenses (2) 35.8 -
Tax effect of the above items (3) (62.4) (27.1)
Adjusted net earnings available to
common shareholders and adjusted
diluted EPS $47.6 $0.16 $128.9 $0.52
(1) The three months ended June 30, 2008 include amortization expense
related to purchased intangible assets as well as amortization of the
inventory step-up related to Merck Generics. The three months ended June
30, 2007 include amortization expense related to purchased intangible
assets as well as amortization of the inventory step-up related to Matrix.
(2) The three months ended June 30, 2008, include non-recurring
expenses principally relate
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SOURCE Mylan Inc. Copyright©2008 PR Newswire. All rights reserved | |
Page: 1 2 3 4 5 6 7 8 9 10 11 Related medicine news :1.
Mylan Commences Tender Offers and Consent Solicitations for Its 5.750% Senior Notes Due 2010 and 6.375% Senior Notes Due 2015 in Connection With Its Proposed Acquisition of Mercks Generic Pharmaceutical Business2.
Mylan Announces Final FDA Approval for Carvedilol Tablets3.
Mylan Announces Tentative FDA Approval for Topiramate Capsules4.
Mylan Announces Appointment of M. Fabiana Lacerca as Senior Vice President and Chief Compliance Officer5.
Mylan Announces Extension of Tender Offers for Its 5.750% Senior Notes due 2010 and 6.375% Senior Notes due 20156.
Mylan Announces Appointment of David A. Lillback as Senior Vice President and Global Head of Human Resources7.
Mylan Announces Appointment of Brian Byala as Senior Vice President and Treasurer8.
Mylan Announces Appointment of Didier Barret as President, Europe, Middle East and Africa9.
Mylan Announces Appointment of Harry A. Korman as President, North America10.
Mylan Announces Appointment of John Montgomery as President, Asia Pacific11.
Mylan Announces Management of Specialty Business, Dey L.P.