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Thoratec Reports 37 Percent Increase in Second Quarter Revenues From Continuing Operations

Friday, July 30, 2010 Corporate News
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THORATEC CORPORATION

Reconciliation of GAAP to Non-GAAP  Forward-Looking Guidance from Continuing Operations

(Unaudited)

(in thousands, except for per share data)

Gross margin

For the Fiscal Year Ended 2010

From

To

Gross margin on a GAAP basis from continuing operations

66.50%

67.50%

Share-based compensation expense

0.50%

0.50%

Gross margin on a non-GAAP basis from continuing operations

67.00%

68.00%

Net income per diluted share reconciliation

For the Fiscal Year Ended 2010

From

To

Net income per diluted share on a GAAP basis from continuing operations

$                       0.97

$                       1.01

Share-based compensation expense

0.13

0.13

Amortization of purchased intangibles

0.10

0.10

Impact of adoption of ASC 470-20

(0.01)

(0.01)

Income tax effect of non-GAAP income before tax

-

-

Net income per diluted share on a non-GAAP basis from continuing operations

$                       1.19

$                       1.23

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