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PAREXEL Reports First Quarter Fiscal Year 2012 Financial Results

per common share:  Basic$0.16$0.20$0.30$0.30  Diluted$0.16$0.20$0.30$0.29Shares used in computing earnings per common share:  Basic59,04459,04458,45058,450  Diluted60,07960,07959,66059,660(a) Prior year numbers have been reclassified to conform with the current year presentation.(b) Restructuring charges pursuant to plans previously announced include $1.7 million in severance costs and $1.0 million of facility-related costs.(c) Adjustments to restructuring reserves pursuant to plans implemented in FY10.(d) Tax associated with items (b) and (c).Balance Sheet InformationPreliminarySeptember 30,September 30,June 30,201120102011Billed accounts receivable, net

341,279Unbilled accounts receivable, net

326,725296,335308,364Deferred revenue

(352,284)(257,186)(332,662)Net receivables

316,981Cash and marketable securities

89,056Working capital

317,297Total assets

,429,483Short-term borrowings

5,867Long-term debt

240,102Stockholders' equity

566,004PAREXEL International CorporationSegment InformationUnauditedThree Months EndedThree Months Ended(in thousands)September 30, 2011September 30, 2010 (a)Clinical Research Services (CRS)Service revenue $
231,639% of total service revenue74.8%78.3%Gross profit$
80,656Gross margin % of service revenue26.6%34.8%PAREXEL Consulting & Medical Communications Services (PCMS)Service revenue$
28,335% of total service revenue11.3%9.6%Gross profit$
,113Gross margin % of service revenue41.2%39.2%Perceptive Informatics, Inc. (PII)Service revenue$
35,846% of total service revenue13.9%12.1%Gross profit$
4,407Gross margin %

SOURCE PAREXEL International Corporation
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