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Varian, Inc. Reports Second Quarter 2009 Results
Date:4/29/2009

--------- ---------- --------- --------- Cash and cash equivalents at end of period $130,505 $157,423 $130,505 $157,423 ========= ========== ========= =========
                         VARIAN, INC. AND SUBSIDIARY COMPANIES
                   RECONCILIATION OF GAAP TO ADJUSTED RESULTS - ACTUAL
                          UNAUDITED RESULTS OF OPERATIONS
                                   (In thousands)

                 Second Quarter FY 2009 and Second Quarter FY 2008
                                        and
               First Six Months FY 2009 and First Six Months FY 2008

                               Fiscal Quarter Ended      Six Months Ended
                              ----------------------  ---------------------
                               April 3,    March 28,    April 3,  March 28,
                                 2009        2008        2009       2008
                              ---------   ----------  ---------   ---------
    TOTAL COMPANY

    Cost of Sales
      U.S. GAAP as reported   $115,902    $135,289    $228,817    $265,418
      Adjustments:
        Acquisition-related
         intangible
         amortization           (1,471)     (1,515)     (3,074)     (2,906)
        Acquisition-related
         inventory write-up
         amortization              (42)       (110)        (59)       (590)
        Restructuring and
         other related costs    (2,310)       (162)     (3,245)       (650)
                              ---------   ----------  ---------   ---------
      As adjusted             $112,079    $133,502    $222,439    $261,272
                              =========   ==========  =========   =========

    Selling, General
     and Administrative
      U.S. GAAP as reported    $59,278     $67,603    $120,194    $133,583
      Adjustments:
        Acquisition-related
   
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SOURCE Varian, Inc.
Copyright©2009 PR Newswire.
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