sults of our foreign currency hedging program described in Note 7 to our consolidated financial statements in our Form 10-K. Non-GAAP revenuesGAAP revenue$179,445$166,833Foreign currency effects(13,544)(9,736)Non-GAAP revenue - constant currency$165,901$157,097Non-GAAP net incomeNon-GAAP net income, adjusted for restructuring, transformation costs and contingent consideration income$18,665$20,097Foreign currency effects, net of tax(3,213)(3,799)Income tax associated with foreign currency effects9031,112 Non-GAAP net income - constant currency16,35517,410Non-GAAP net income per common share assuming dilutionNon-GAAP net income per common share assuming dilution, adjusted for restructuring, transformation costs and contingent consideration income$0.72$0.80Foreign currency effects after tax per common share assuming dilution($0.09)($0.11)Non-GAAP net income per common share assuming dilution - constant currency$0.63$0.69Reconciliation of Non-GAAP Measures for FY12 and FY11Six Months Ended10/1/201110/2/2010Non-GAAP gross profitGAAP gross profit$178,698$174,217Restructuring and transformation costs1,381-Non-GAAP gross profit$180,079$174,217Non-GAAP R&DGAAP R&D$18,959$15,875Restructuring and transformation costs(1,356)-Non-GAAP R&D$17,603$15,875Non-GAAP S,G&AGAAP S,G&A$118,844$107,144Restructuring and transformation costs(6,129)(2,863)Non-GAAP S,G&A$112,715$104,281Non-GAAP operating expensesGAAP operating expenses$136,223$121,125Restructuring and transformation costs(7,485)(2,863)Contingent consideration income1,5801,894Non-GAAP operating expenses$130,318$120,156Non-GAAP operating income GAAP operating income$42,475$53,092Restructuring and transformation costs8,8652,863Contingent consideration income(1,580)(1,894)Non-GAAP operating income $49,760$54,061Non-GAAP income before taxesGAAP income before taxes$42,705$53,534Restructuring and transformation costs8,8652,863Contingent consideration income(1,580)(1,894)Non-GAAP income before taxes$
'/>"/>SOURCE Haemonetics Corporation Copyright©2010 PR Newswire. All rights reserved | |
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Haemonetics Sets Date for Second Quarter Fiscal Year 2012 Earnings Release: October 31, 20112.
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