204.6$
296.6(31.0)%Earnings Per Common Share:Basic$
.23$
.79(31.3)%Diluted$
.21$
.75(30.9)%Weighted Average Common Shares Outstanding:Basic165.8165.50.2%Diluted168.7169.3(0.4)%Adjusted Gross Profit (1)(2)$
,219.0$
,277.9(4.6)%Adjusted Income From Operations (1)$
557.8$
42.3(13.2)%Adjusted Net Income (1)$
425.3$
429.5(1.0)%Adjusted Diluted Earnings Per Share (1)$
2.52$
2.54(0.8)%Statistics (as a % of net sales, except for income tax rate):GAAP Nine Months Ended September 30,Adjusted (1) Nine Months Ended September 30,2011201020112010Gross Profit (2)36.7%39.9%40.1%43.7%Income From Operations
8.8%15.9%18.3%22.0%Net Income6.7%10.1%14.0%14.7%Income Tax Rate
18.6%17.6%21.5%25.1%(1)
Adjusted financial measures exclude certain specified items as described and reconciled to comparable GAAP financial measures in the Reconciliation of GAAP to Non-GAAP Financial Measures contained in this press release.(2)
Gross profit is defined as Net sales less Cost of products sold. Adjusted gross profit excludes certain specified items, as indicated in the previous footnote.nm - Percentage change is not meaningful.Hospira, Inc.Reconciliation of GAAP to Non-GAAP Financial Measures(Unaudited)(dollars in millions, except for per share amounts)Three months ended September 30, 2011 Reconciliation of GAAP to Non-GAAP Financial Measures:Gross Profit (1) (Loss) Income
From Operations Net (Loss)
Income (2)Diluted EPSGAAP financial measures$
303.9$
(85.2)$
(88.9)$
(0.54)Specified item: Amortization and impairment of certain intangible assets (A)
19.234.423.40.14 Certain quality and product related charges (B)
36.736.722.90.14 Capacity expansion related charges (C)
1.51.51.00.01 Goodwill impairment (D)
'/>"/>SOURCE Hospira, Inc. Copyright©2010 PR Newswire. All rights reserved | |
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Related medicine technology :1.
Hospira Announces Certain Preliminary Third-Quarter 2011 Results2.
Hospira to Host Conference Call for Third-Quarter 2011 Results3.
Hospira Announces Positive Results From Phase I U.S. Clinical Trial of Biosimilar Erythropoietin in Renal Patients4.
Hospira to Host 2011 Investor Day5.
Hospira to Present at the Morgan Stanley Global Healthcare Conference6.
Hospira Expands Board of Directors7.
Hospira Announces U.S. Approval of Solution Version of Gemcitabine Injection8.
Hospira Reports Second-Quarter 2011 Results9.
Hospira to Host Conference Call for Second-Quarter 2011 Results10.
Hospira Receives Health Canada Regulatory Approval for Symbiq™ Infusion System Software Upgrade11.
Hospira to Present at the Sanford C. Bernstein Twenty-Seventh Annual Strategic Decisions Conference 2011