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Impax's Second Quarter 2014 Revenues Increased 45% to $188.1 Million
Date:8/6/2014

nc.Consolidated Statements of Operations(unaudited, amounts in thousands, except share and per share data)Three Months EndedSix Months EndedJune 30,June 30,2014201320142013Revenues:Global Pharmaceuticals Division, net

$  176,394$
93,965
$  285,534$  195,602Impax Pharmaceuticals Division, net

11,72735,66621,30582,518Total revenues

188,121129,631306,839278,120Cost of revenues

78,34970,744139,445161,361Gross profit

109,77258,887167,394116,759Operating expenses:Research and development

21,25215,54042,99335,145Patent litigation expense

1,7674,3043,9408,582Selling, general and administrative

32,81733,27558,29462,993Total operating expenses

55,836

SOURCE Impax Laboratories, Inc.
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