THORATEC CORPORATION
Reconciliation of GAAP to Non-GAAP Gross Profit
(Unaudited)
(in thousands, except for per share data)
Three Months Ended Six Months Ended
June 28, June 30, June 28, June 30,
2008 2007 2008 2007
Gross profit
on a GAAP
basis $50,823 61.5% $33,685 58.8% $86,660 58.9% $68,198 59.5%
Share-based
compensation
expense 471 381 913 738
Gross profit on
a non-GAAP
basis $51,294 62.1% $34,066 59.4% $87,573 59.5% $68,936 60.1%
The following tables reconcile the specific items excluded from GAAP
operating expenses in the calculation of non-GAAP operating expenses for
the periods shown below:
THORATEC CORPORATION
Reconciliation of GAAP to Non-GAAP Operating Expenses
(Unaudited)
(in thousands, except for per share data)
Three Months Ended Six Months Ended
June 28, June 30, June 28, June 30,
2008 2007 2008 2007
Operating expenses on a GAAP basis $39,992 $33,044 $76,443 $69,035
Share-based compensation expense:
- Selling, general and
administrative (1,562) (1,757) (3,236) (4,105)
- Research and development (596) (591) (1,344) (1,389)
Amortization of purchased intangibles (3,296) (3,143) (6,592
'/>"/>
| SOURCE Thoratec Corporation Copyright©2008 PR Newswire. All rights reserved |