Thoratec Reports 44 Percent Increase in Second Quarter... (To (in thousands) Gross profit on ...)

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Thoratec Reports 44 Percent Increase in Second Quarter Revenues;

Date:7/31/2008

(in thousands)

Gross profit on a GAAP basis 58% 59%

Share-based compensation expense:

- Cost of product sales 1% 1%

Gross profit on a non-GAAP basis 59% 60%

Diluted net income/(loss) per share

reconciliation For the Fiscal Year Ended 2008

From To

(in thousands, except per share data)

Diluted net income (loss) per share on a

GAAP basis $0.20 $0.26

Share-based compensation expense 0.20 0.20

Amortization of purchased intangibles 0.21 0.21

Income tax effect of non-GAAP

adjustments (0.14) (0.15)

Diluted net income per share on a

non-GAAP basis $0.47 $0.52

Shares used in calculation of diluted

net income (loss) per share -- GAAP 62,801 62,801

Shares used in calculation of

diluted net income per share -- non-

GAAP (a) 62,801 62,801

(a) Shares used in the per share calculation for reconciling items

between GAAP and non-GAAP financial measures.

Thoratec is a world leader in therapies to address advanced stage heart failure. The company's product lines include the Thoratec(R) VAD and HeartMate LVAS with nearly 12,000 devices implanted in patients suffering from heart failure. Additionally, its International Technidyne Corporation (ITC) Division supplies point-of-care blood testing and skin incision products. Thoratec is headquartered in Pleasanton, California. For more information, visit the company's web sites at

SOURCE Thoratec Corporation
Copyright©2008 PR Newswire.
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