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IDEXX Laboratories Announces Second Quarter Results
Date:7/25/2014

y distributors internationally. We do not believe the impact of changes in these international distributors' inventories would have a material impact on our growth rates. Further reconciliation of organic revenue growth to normalized organic revenue growth for the second quarter of 2014 includes the following negative impacts to organic revenue growth from changes in our significant distributors' inventory levels; Total Company 0.7%, CAG Diagnostics Recurring 1.0%, VetLab consumables 1.1%, and Rapid Assay 3.4%. See the Supplementary Analysis of Results below for a reconciliation of reported revenue growth to organic revenue growth.

 IDEXX Laboratories, Inc. and SubsidiariesConsolidated Statement of OperationsAmounts in thousands except per share data (Unaudited)Three Months EndedSix Months EndedJune 30,June 30,June 30,June 30,2014

20132014

2013Revenue:Revenue$
390,122

$
352,583
$
750,325

$
84,688
Expenses and Income:Cost of revenue171,604

154,885329,710

303,018Gross profit218,518

197,698420,615

381,670Sales and marketing68,020

57,896135,868

117,294General and administrative41,846

38,85882,935'/>"/>

SOURCE IDEXX Laboratories, Inc.
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