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Shamir Optical Industry Ltd. Reports Third Quarter 2009 Results
Date:11/18/2009

Dilutive 16,527 16,546 16,532 16,499 (1) Amounts have been reclassified to reflect the implementation of SFAS No. 160, Non-controlling Interests in Consolidated Financial Statements, an amendment of ARB No. 151. SHAMIR OPTICAL INDUSTRY LTD. Reconciliation of Non-GAAP Operating Income and Net Income (US dollars in thousands, except per share data) Three Months Ended Nine Months Ended September 30, September 30, ----------------- ----------------- 2008 2009 2008 2009 ---- ---- ---- ---- (Unaudited) (Unaudited) (Unaudited) (Unaudited) Operating income $2,947 $4,843 $10,457 $12,786 Non-GAAP adjustment: Stock based compensation (45) (60) (593) (372) Amortization of intangible assets (345) (272) (1,036) (761) Compensation to former Chief Executive Officers (434) - (434) (303) ---- --- ---- ---- Non-GAAP operating income $3,771 $5,175 $12,520 $14,222 ====== ====== ======= ======= Net income attributable to Shamir Optical Industry Ltd. Shareholders $2,206 $3,626 $7,719 $9,444 Non-GAAP adjustment: Stock based compensation (45) (60) (593) (372) Amortization of intangible assets, net (264) (207) (820) (579) Compensation to former Chief Executive Officers,
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SOURCE Shamir Optical Industries Ltd.
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