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

UNAUDITED RESULTS OF OPERATIONS (In thousands, except margin data) 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 --------- ---------- --------- --------- SCIENTIFIC INSTRUMENTS SEGMENT Operating Earnings U.S. GAAP as reported $12,426 $22,508 $28,849 $42,310 Adjustments: Acquisition-related intangible amortization 1,754 1,917 3,809 3,746 Acquisition-related inventory write-up amortization 42 110 59 590 Restructuring and other related costs 6,216 548 7,807 2,549 --------- ---------- --------- --------- As adjusted $20,438 $25,083 $40,524 $49,195 ========= ========== ========= ========= Operating Margins U.S. GAAP as Reported 7.3% 11.0% 8.4% 10.5% Adjustments: Acquisition-related intangible amortization 1.0 0.9 1.1 1.1 Acquisition-related inventory write-up amortization 0.0 0.1 0.0 0.1 Restructuring and other related costs 3.7 0.3 2.3 0.6 --------- ---------- --------- --------- As adjusted
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SOURCE Varian, Inc.
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