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Thoratec Reports a 19 Percent Increase in Annual Revenues as Cardiovascular Division Revenues Increase 30 Percent in 2009
Date:1/28/2010

2010 2009 2010 2009 ---- ---- ---- ---- As Adjusted (1) As Adjusted (1) --------------- --------------- (in thousands, except per share data) Net income per diluted share on a GAAP basis $0.16 $0.09 $0.49 $0.33 -Cost of product sales 0.01 0.01 0.03 0.03 -Selling, general and administrative 0.03 0.03 0.14 0.11 -Research and development 0.01 0.01 0.06 0.05 Amortization of purchased intangibles 0.05 0.06 0.19 0.23 HeartWare transaction costs - - 0.21 - Impact of adoption of ASC 470-20 0.03 0.03 0.13 0.12 Unrealized loss on embedded derivative instrument on HeartWare loan 0.09 - - - Income tax effect of non- GAAP adjustments (0.09) (0.06) (0.28) (0.22) Convertible debt dilution impact (2) (0.02) (0.01) (0.08) (0.04) ----- ----- ----- ----- Net income per diluted share on a non-GAAP basis $0.27 $0.16 $0.89 $0.61 ===== ===== ===== ===== Shares used in calculation of net income per diluted share --GAAP 58,374 57,578 58,027 56,196 Shares used in calculation of
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SOURCE Thoratec Corporation
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