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70,859,356
1.1%71,816,806
70,516,975
1.8%Weighted average ADS outstanding—diluted72,984,759
75,329,493
(3.1%)73,761,502
75,373,691
(2.1%)Other comprehensive income:Currency translation adjustments(2,056)
4,739
(143.4%)(1,602)
8,195
(119.5%)Comprehensive income18,436
23,390
(21.2%)39,879
45,070
(11.5%) WUXI PHARMATECH (CAYMAN) INC.RECONCILIATION OF GAAP TO NON-GAAP(in thousands of U.S. dollars, except ADS data and per ADS data)Three Months Ended June 30,Six Months Ended June 30,20122011% Change20122011% ChangeGAAP gross profit46,495
38,629
20.4%88,386
73,324
20.5%GAAP gross margin35.7%
38.2%35.6%
37.7%Adjustments:Share-based compensation1,023
1,005
1.8%2,089
1,980
5.5%Amortization of acquired intangible assets525
355
47.9%1,050
710
47.9%Non-GAAP gross profit48,043
39,989
20.1%91,525
76,014
20.4%Non-GAAP gross margin36.8%
39.5%36.8%
39.0%GAAP operating income23,775
21,513
10.5%44,413
41,353
7.4%GAAP operating margin18.2%
21.3%17.9%
21.2%Adjustments:Share-based compensation3,090
3,109
(0.6%)6,245
6,046
3.3%Amortization of acquired intangible assets525
355
47.9%1,050
710
47.9%Non-GAAP operating income27,390
24,977
9.7%51,708
48,109
7.5%Non-GAAP operating margin21.0%
24.7%20.8%
24.7%GAAP net income20,492
18,651
9.9%41,481
36,875
12.5%GAAP net margin15.7%
18.4%16.7%
18.9%Adjustments:Share-based compensation3,090
3,109
(0.6%)6,245
6,046
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| SOURCE WuXi PharmaTech (Cayman) Inc. Copyright©2012 PR Newswire. All rights reserved |