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Thoratec Reports Second Quarter Revenue Increase of 17 Percent
Date:8/3/2011

55331,803Amortization of purchased intangible assets2,1972,4684,4994,880Total operating expenses44,55535,34587,26579,589Income from operations34,25629,17461,34152,631Other income and (expense):Interest expense(1,767)(3,275)(4,647)(6,155)Interest income and other4881,2931,2432,899Impairment on investment-(46)-(2,046)Income before income taxes32,97727,14657,93747,329Income tax expense (11,195)(9,609)(19,696)(16,428)Net income from continuing operations21,78217,53738,24130,901Net (loss) from discontinued operations (net of tax)-(1,583)-(2,514)Net Income$
21,782$
5,954$
38,241$
28,387Net income (loss) per share- Basic:Continuing operations$
.37$
.30$
.66$
.54Discontinued operations-(0.02)-(0.05)Net Income$
.37$
.28$
.66$
.49Net income (loss) per share- Diluted:Continuing operations$
.36$
.29$
.63$
.52Discontinued operations-(0.02)-(0.04)Net Income$
.36$
.27$
.63$
.48Shares used to compute net (loss) income per share:Basic58,18657,63558,06057,139Diluted63,21366,43664,59065,986The following table presents our quarterly revenues from continuing operations by source for the first and second quarter of fiscal 2011 and for the full year of fiscal 2010:

THORATEC CORPORATIONQuarterly Revenue Analysis from Continuing Operations(Unaudited)(in millions) Three Months Ended July 2, 2011April 2, 2011January 1, 2011October 2, 2010July 3, 2010April 3, 2010Revenue by Product LineHeartMate

$
97.6$
87.3$
83.9$
80.6$
82.5$
86.1PVAD & IVAD

7.67.37.26.27.38.8CentriMag

5.34.45.73.74.63.7Other

0.70.50.80.50.70.7Total

$
.2$
99.5$
97.6$
91.0$
95.1$
99.3Revenue by CategoryPump

$
77.8$
70.8$
7.8$
2.6$
4.4$
9.5Non-Pump

32.728.229.027.930.029.1Other

0.70.50.80.50.70.7Total

$
.2$
99.5$
97.6$
91.0$
95.1$
99.3Revenue by GeographyUnited States<
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SOURCE Thoratec Corporation
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