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Questcor Reports Third Quarter Financial Results
Date:10/29/2013

(0.08)

(0.05)

(0.23)

(0.11)Depreciation and amortization expense (2)

(0.05)

0.00

(0.10)

(0.01)Interest expense associated with contingent consideration (3)

0.00

(0.01)

—Interest expense associated with R&D liability in conjunction with acquisition of Synacthen (4)

(0.02)(0.02)Compensation expense associated with BV Trust (5)

0.00

(0.01)

—Foreign currency transaction loss (6)

(0.01)

—Medicaid adjustment for 2002 - 2009 (7)

(0.13)

—BioVectra purchase price adjustment (8)

0.00

—Impairment of purchased technology (9)

(0.01)

(0.01)

(0.01)Net income per share – diluted

$1.52

$0.91

$3.32

$2.12Net sales – Questcor

$227,296

$140,339

$531,113

$348,760Net sales - BioVectra

9,050

0

24,935

0Consolidated net sales

236,346

140,339

556,048

348,760Medicaid adjustment

0

0

11,500

0Adjusted consolidated net sales

$236,346

$140,339

$567,548

$348,760 Notes to Reconciliation of Non-GAAP Adjusted Financial DisclosureNet income per share – basic and diluted may not foot due to rounding. Use of Non-GAAP Financial Measures Our "non-GAAP adjusted net income" excludes the following items from GAAP net income: 1. Share-based compensation expense.2. Depreciation and amortization expense, including amortization expense on our purchased intangibles.3. Interest expense associated with the net present value adjustment on our contingent consideration.4. Interest expense
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SOURCE Questcor Pharmaceuticals, Inc.
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