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Varian, Inc. Reports Fourth Quarter 2009 Results
Date:11/4/2009

105,453 (92,501) Cash and cash equivalents at beginning of period 166,377 128,214 103,895 196,396 --------- --------- --------- --------- Cash and cash equivalents at end of period $209,348 $103,895 $209,348 $103,895 ========= ========= ========= =========
                     VARIAN, INC. AND SUBSIDIARY COMPANIES
              RECONCILIATION OF GAAP TO ADJUSTED RESULTS - ACTUAL
                        UNAUDITED RESULTS OF OPERATIONS
                                 (In thousands)
               Fourth Quarter FY 2009 and Fourth Quarter FY 2008
                                      and
                    Full Year FY 2009 and Full Year FY 2008

                                   Fiscal Quarter Ended  Fiscal Year Ended
                                    ------------------  ------------------
                                  October 2, October 3, October 2, October 3,
                                      2009      2008      2009      2008
                                    --------  --------  --------  --------
    TOTAL COMPANY
    -------------

    Cost of Sales
      U.S. GAAP as reported         $113,263  $156,377  $452,054  $560,061
      Adjustments:
        Acquisition-related
         intangible amortization      (1,550)   (1,663)   (6,117)   (6,547)
        Acquisition-related
         inventory write-up
         amortization                    (72)     (172)     (131)   (1,408)
        Restructuring and other
         related costs                  (378)     (466)   (4,076)   (1,641)
                                    --------  --------  --------  --------
      As adjusted                   $111,263  $154,076  $441,730  $550,465
                                    ========  ========  ========  ========

    Selling, General
     and Administrative
      U.S. GAAP as reported         $ 64,644  $ 75,098  $239,282  
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SOURCE Varian, Inc.
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