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Varian Medical Systems Reports Results for Fourth Quarter of Fiscal Year 2013
Date:10/23/2013

$

769.9756.12,942.92,807.0  Oncology Systems585.3590.12,252.72,189.5  X-Ray Products137.8130.1546.4492.6  Other46.835.9143.8124.9Cost of revenues

$

441.4432.91,693.21,610.7Gross margin328.5323.21,249.71,196.3  As a percent of revenues42.7%42.8%42.5%42.6%Operating expenses  Research and development 56.845.9208.2185.7  Selling, general and administrative 110.7109.5432.6416.5Operating earnings161.0167.8608.9594.1  As a percent of revenues20.9%22.2%20.7%21.2%Interest income, net0.80.73.21.8Earnings before taxes161.8168.5612.1595.9Taxes on earnings44.548.3173.9168.9Net earnings

$

117.3120.2438.2427.0  As a percent of revenues15.2%15.9%14.9%15.2%Net earnings per share – basic

$

1.091.094.043.83 Net earnings per share – diluted

$

1.081.083.983.76Shares used in the calculation of net earnings per share: 
Average shares outstanding - basic107.2110.0108.4111.4Average shares outstanding - diluted108.8111.6110.1113.5(1)

Beginning in the fourth quarter of fiscal year 2013, the Company changed the presentation of orders from net orders to gross orders.  The supplemental information on gross and net orders is presented for the quarters of fiscal years 2013 and 2012, on the table below for comparison purpose.
 Varian Medical Systems, Inc. and SubsidiariesGross and Net Orders(Unaudited)FY 2013FY 2012(In Millions)Q113Q213Q313Q413FY 2013Q112Q212Q312Q412FY 2012Gross Orders $

651.7

757.7

773.1

1,042.3

3,224.8$

627.4

895.0

706.6

994.0

3,223.0Oncology Systems508.8

576.9

627.1

841.2

2,554.0505.6

596.8

579.0

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SOURCE Varian Medical Systems
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Storage temperature: 15 - 30C, linearity: 0 - 20 mg/dL, expected value: male: 3.0 - 7.0 mg/dL and female: 2.2 - 6.2 mg/dL. Available with calibrator and number of tests 125....
The assay kit is for determination of uric acid in serum or urine. Wavelength: 600 nm. Linear range: up to 80 mg/dL....
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