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$
84,974,621$
56,307,771Supplemental cash flow information Cash paid for income taxes
$
4,648,363$
4,076,381Cash paid for interest expense
$
159,217$
278,610Noncash investing and financing activities: Acquisition of property, plant and equipment included in payables
$
347,220$
2,420,072Utilization of prepayments and deposits to acquire property, plant and equipment
$
23,616$
-
RECONCILIATION OF NON-GAAP FINANCIAL MEASURESFOR THE THREE MONTHS ENDED MARCH 31, 2012 and 2011Three months Ended Three months Ended 3/31/2012 3/31/2011Net Income Diluted EPSNet Income EPSNet Income EPSAdjusted Net Income for diluted net income per share - Non GAAP
$
12,710,343$
0.48$
7,965,131$
0.31Non-cash employee stock compensation$
(962,419)$
(1,174,882)Interest on the Notes-(1,503,139)Gain from change in fair value of embedded conversion option
in the Notes$
-$
508,037Adjusted Net Income for diluted net income per share
$
11,747,924$
0.44$
5,795,147$
0.23Gain from change in fair value of warrants$
1,209,382$
513,828Net Income attributable to controlling interest
$
12,957,306$
6,308,975Weighted average number of Shares used in computation of
Non GAAP diluted EPS26,547,88525,680,648
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| SOURCE China Biologic Products, Inc. Copyright©2010 PR Newswire. All rights reserved |