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Thoratec Reports First Quarter 2012 Results


The following table includes the GAAP income statement for for the three month periods ending 2012 and 2011:THORATEC CORPORATIONCondensed Consolidated Statements(Unaudited)(in thousands, except for per share data) Three Months Ended March 31, 2012April 2, 2011Product sales$
99,530Cost of product sales38,88731,772Gross profit87,88267,758Operating expenses:Selling, general and administrative31,20124,919Research and development19,69615,754Total operating expenses50,89740,673Income from operations36,98527,085Other income and (expense):Interest expense(3)(2,880)Interest income and other734755Income before income taxes37,71624,960Income tax expense (12,230)(8,501)Net income$
,459Net income per share- Basic:$
.28Net income per share- Diluted:$
.27Shares used to compute net income per share:Basic58,43857,932Diluted59,38265,881 

The following table presents our quarterly revenues by source for the first quarter of fiscal 2012 and the full year of fiscal 2011:THORATEC CORPORATIONQuarterly Revenue Analysis(Unaudited)(in millions) Three Months Ended March 31, 2012December 31, 2011October 1, 2011July 2, 2011April 2, 2011Revenue by Product LineHeartMate

87.3PVAD & IVAD (1)

99.5Revenue by CategoryPump



99.5Revenue by GeographyUnited States



99.5(1) CentriMag includes PediMag/PediVAS® sales 

The following table presents our quarterly pump units by geography for

SOURCE Thoratec Corporation
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