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Varian, Inc. Reports Second Quarter 2009 Results

y equity investment. (12) $21,262 on an adjusted basis excluding the tax impact of the adjustments described in items (7) - (9) and (11) above. (13) $39,652 and $1.30 per share, respectively, on an adjusted basis excluding the adjustments (net of related tax effects) described in items (7) - (9) and (11) above.
                     (In thousands, except par value amounts)

                                                 April 3,      October 3,
                                                   2009           2008
                                                 ---------      ---------

    Current assets
    Cash and cash equivalents                     $130,505       $103,895
    Accounts receivable, net                       156,694        199,420
    Inventories                                    146,963        161,039
    Deferred taxes                                  33,132         33,618
    Prepaid expenses and other
     current assets                                 14,239         15,663
                                                  ---------      ---------
    Total current assets                           481,533        513,635
    Property, plant and equipment, net             111,064        110,343
    Goodwill                                       203,573        218,208
    Intangible assets, net                          29,511         36,972
    Other assets                                    23,899         24,089
                                                   ---------      ---------
    Total assets                                  $849,580       $903,247
                                                  =========      =========


    Current liabilities
SOURCE Varian, Inc.
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