Perrigo Reports Record Sales, Earnings and Cash Flow From Operations for F...((639) - Restructuring ...),Health

Date:8/18/2009

(639) - Restructuring costs - West Coast - (491) Restructuring costs - United Kingdom - (1,821) ---- ------ Adjusted operating expenses $225,740 $202,799 11% ======== ======== Adjusted operating expenses % 13.8% 15.2% Reported operating income $233,756 $172,654 35% Inventory step-up - Unico 1,062 - Inventory step-up - Diba 1,503 - Inventory step-up - JB Labs 358 - Inventory step-up - Galpharm - 5,756 Impairment of fixed assets 1,600 - Loss on asset exchange 639 - Restructuring costs - West Coast - 491 Restructuring costs - United Kingdom - 1,821 ---- ----- Adjusted operating income $238,918 $180,722 32% ======== ======== Adjusted operating income % 14.6% 13.5% Rx Pharmaceuticals Net sales $164,163 $161,271 2% Reported gross profit $63,801 $58,622 9% Impairment of intangible asset - 10,346 ---- ------ Adjusted gross profit $63,801 $68,968 -7% ======= ======= Adjusted gross profit % 38.9
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