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PAREXEL Reports Second Quarter Fiscal Year 2009 Financial Results
Date:1/26/2009

Reported Adjustments Adjusted -------- ----------- -------- Service revenue $538,892 $538,892 Reimbursement revenue 104,661 104,661 Total revenue 643,553 643,553 Costs and expenses: Direct costs 363,659 (15,000)(a) 348,659 Reimbursable out-of-pocket expenses 104,661 104,661 Selling, general and administrative 119,787 119,787 Depreciation 21,234 21,234 Amortization 4,509 4,509 Total costs and expenses 613,850 (15,000) 598,850 Income from operations 29,703 15,000 44,703 Other income (expense) 2,965 2,965 Income before income taxes 32,668 15,000 47,668 Provision for income taxes 12,840 7,080(a) 19,920 Effective tax rate 39.3% 41.8% Minority interest expense 1,001 1,001 Net income $18,827 $7,920 $26,747 Earnings per common share: ------------------- Basic $0.33 $0.46 Diluted $0.32 $0.46 Shares used in computing earnings per common share: ------------------- Basic 57,552 57,552 Diluted 58,171 58,171 Unaudited Six Months Ended ---------------- December 31, 2007
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SOURCE PAREXEL International Corporation
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