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Questcor Reports Fourth Quarter and Full Year 2012 Results
Date:2/26/2013

33,596

17,743Research and development

12,122

5,730

34,269

16,778Depreciation and amortization

268

292

1,219

1,044Impairment of goodwill and intangibles

987

299Total operating expenses

56,616

28,786

184,210

92,592Income from operations

94,760

42,736

296,527

113,118Other income:Interest and other income, net

167

145

703

627Total other income

167

145

703

627Income before income taxes

94,927

42,881

297,230

113,745Income tax expense

32,987

11,240

99,555

34,154Net income

$
,940

$  31,641

$  197,675

$
79,591Net income per share applicable to common shareholders:Basic

$
.07

$
.50

$
3.28

$
.27Diluted

$
.03

$
.48

$
3.14

$
.21Shares used in computing net income per share applicable to common shareholders:Basic

58,009

63,236

60,243

62,498Diluted

60,266

66,565

63,045

66,010Dividends declared per common shareholder

$
.20

$
8212;

$
.40

$
8212;Reconciliation of Non-GAAP Adjusted FinancialAdjusted net income

$
5,705

$   31,584

$   209,644

$
83,956Share-based compensation expense (1)

(3,590)

(1,416)

(10,502)

(5,128)Depreciation and amortization expense (2)

(175)

(216)

(811)

(731)Impairment of goodwill and intangibles (3)

0

-

(656)

(209)Tax adjustments (4)

0

1,689

0

1,703Net income -
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SOURCE Questcor Pharmaceuticals, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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1. Questcor to Report Fourth Quarter and Full Year 2012 Financial Results on February 26, 2013
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3. Questcor Pharmaceuticals Accelerates Cash Dividend; Payment Date Set for December 21, 2012
4. Harwood Feffer LLP Announces Investigation of Questcor Pharmaceuticals, Inc.
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