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IDEXX Laboratories Announces Fourth Quarter and Full Year Results
Date:1/27/2012

6,4566.7

%0.3

%-6.4

%Rapid assay products35,45931,0384,42114.2

%0.1

%-14.1

%Reference laboratory diagnostic and consulting services 91,67781,24410,43312.8

%0.2

%2.7

%9.9

%Practice management systems and digital radiography21,81220,8061,0064.8

%(0.1

%)-4.9

%Net CAG revenue

$

251,325$

229,009$

22,3169.7

%0.3

%0.9

%8.5

%(1) The percentage change from currency is a non-U.S. GAAP measure. It represents the percentage change in revenue resulting from the difference between the average exchange rates during the three months ended December 31, 2011 and the same period of the prior year applied to foreign currency denominated revenues for the three months ended December 31, 2011.

(2) The percentage change from acquisitions is a non-U.S. GAAP measure. It represents the percentage change in revenue during the three months ended December 31, 2011 compared to the three months ended December 31, 2010 attributed to acquisitions subsequent to September 30, 2010.

(3) Organic revenue growth is a non-U.S. GAAP measure and represents the percentage change in revenue during the three months ended December 31, 2011 compared to the three months ended December 31, 2010 net of acquisitions and the effect of changes in foreign currency exchange rates.

IDEXX Laboratories, Inc. and SubsidiariesRevenues and Revenue Growth Analysis by Product and Service CategoriesAmounts in thousands (Unaudited)Twelve Months EndedNet RevenueDecember 31, 2011December 31, 2010DollarChangePercentageChangePercentageChange fromCurrency (1)PercentageChange fromAcquisitions (2)OrganicGrowth (3)CAG

$

999,722$

905,655$

94,06710.4

%2.3

%0.3

%7.8

%Water82,12576,5145,6117.3

%2.5

%-4.8

%LPD94,11281,17712,93515.9

%4.5

%-11.4

%Other42,73040,0462,6846.
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SOURCE IDEXX Laboratories, Inc.
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