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Thoratec Reports 37 Percent Increase in Annual Revenues From Continuing Operations


0.50%0.50%Gross margin on a non-GAAP basis

68.00%68.00%Operating expenses growth For the Fiscal Year Ended 2011 FromTo Increase in operating expense on a GAAP basis

11.00%12.00%Share-based compensation expense

-1.00%-2.00% Increase in operating expense on a non-GAAP basis

10.00%10.00%Net income per diluted share reconciliation For the Fiscal Year Ended 2011 FromToNet income per diluted share on a GAAP basis

.12Share-based compensation expense

0.190.19Amortization of purchased intangibles

0.090.09Impact of adoption of ASC 470-20

0.030.03Income tax effect of non-GAAP income before tax

0.020.02Net income per diluted share on a non-GAAP basis

.45Shares used
in calculation of net income per diluted share --GAAP and non-GAAP

63,00063,000Thoratec is a world leader in therapies to address advanced-stage heart failure. The company’s products include the HeartMate LVAS and Thoratec® VAD (Ventricular Assist Device) with more than 15,000 devices implanted in patients suffering from heart failure. Thoratec is headquartered in Pleasanton, California. For more information, visit the company’s web site at

Thoratec, the Thoratec logo, HeartMate and HeartMate II are registered trademarks of Thoratec Corporation and IVAD is a trademark of Thoratec Corporation.  CentriMag is a registered trademark of Levitronix LLC.

SOURCE Thoratec Corporation
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