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Hologic Announces Fourth Quarter Fiscal 2013 Operating Results

ling and marketing

76,75889,947General and administrative

47,99188,735Amortization of intangible assets

26,72624,832Contingent consideration

(465)40,399Impairment of goodwill

1,117,3695,826Acquired in-process R&D

-4,500Restructuring and divestiture charges

9,72016,6871,658,323632,251Loss from operations

(1,036,205)(43,703)Interest expense

(65,783)(56,673)Other income

3,0132,412Debt extinguishment loss

(5,962)-Loss before income taxes

(1,104,937)(97,964)Provision (benefit) for income taxes

8,965(20,197)Net loss

(77,767)Net loss per common share: Basic


(0.29)Weighted average number of shares outstanding:Basic



(1) Stock-based compensation included in costs and expenses during the three months ended September 28, 2013 was $1,797 for cost of revenues, $1,579 for research and development, $1,939 for selling and marketing, $3,719 for general and administrative and $1,375 for restructuring and divestiture. Stock-based compensation included in costs and expenses during the three months ended September 29, 2012 was $2,120 for cost of revenues, $1,640 for research and development, $2,121 for selling and marketing and $4,831 for general and administrative and $3,500 for restructuring. HOLOGIC, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited)(In thousands, except per share data)Year EndedSeptember 28, 2013September 29, 2012REVENUES Product sales

,657,728Service and other revenues

391,388344,9242,492,2792,002,652COSTS AND EXPENSES (1):Cost of product sales

818,160616,839Cost of product sales – amortization of intangible assets

307,895201,864Cost of product sales – impairment of intangible assets

SOURCE Hologic, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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