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Mettler-Toledo International Inc. Reports Second Quarter 2014 Results
Date:7/24/2014

class="prnews_span">$4.03Weighted average number of common shares29,221,64730,209,729Diluted earnings per common share:Net earnings $4.41$3.93Weighted average number of common 29,918,45630,975,957  and common equivalent sharesNote:(a)  Local currency sales increased 4% as compared to the same period in 2013.RECONCILIATION OF EARNINGS BEFORE TAXES TO ADJUSTED OPERATING INCOMESix months endedSix months endedJune 30, 2014% of salesJune 30, 2013% of salesEarnings before taxes$173,782$160,009Amortization14,37710,929Interest expense11,62210,943Restructuring charges3,3978,198Other charges (income), net7231,760Adjusted operating income $203,901

(b)17.6$191,83917.4Note:(b)  Adjusted operating income increased 6% as compared to the same period in 2013. 

 METTLER-TOLEDO INTERNATIONAL INC.CONDENSED CONSOLIDATED BALANCE SHEETS(amounts in thousands)(unaudited)June 30, 2014December 31, 2013Cash and cash equivalents$111,012$111,874Accounts receivable, net427,495466,703Inventories224,448210,414Other current assets and prepaid expenses123,433'/>"/>

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