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BioMarin Announces Third Quarter 2010 Financial Results
Date:10/28/2010

of BioMarin/Genzyme LLC(680)(639)(1,773)(2,194)Interest income1,0129684,0513,193Interest expense(2,880)(3,008)(11,375)(8,072)Impairment loss on equity investments——(5,848)—Net gain from sale of investments——1,585927Income (loss) before income taxes7,585(4,618)(3,315)(2,252)Provision for (benefit from) income taxes945(221,952)1,884(220,260)Net income (loss)$

6,640$

217,334$

(5,199)$

218,008Net income (loss) per share, basic$

0.07$

2.13$

(0.05)$

2.14Net income (loss) per share, diluted$

0.07$

1.68$

(0.05)$

1.74Weighted average common shares outstanding, basic100,331102,110100,098101,660Weighted average common shares outstanding, diluted101,815131,278100,098130,821STOCK-BASED COMPENSATION EXPENSEThree Months EndedNine  Months Ended September 30, September 30,2009201020092010Cost of sales$

1,192$

1,044$

3,179$

2,852Research and development expense3,4083,6218,48810,244Selling, general and administrative expense4,3215,29214,06414,578Total stock-based compensation expense$

8,921$

9,957$

25,731$

27,674
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SOURCE BioMarin Pharmaceutical Inc.
Copyright©2010 PR Newswire.
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