XML 45 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Net revenues $ 1,789,836 $ 1,572,341 $ 5,040,896 $ 4,579,215
Other revenues 19,936 3,415 52,821 19,375
Total revenues 1,809,772 1,575,756 5,093,717 4,598,590
Cost of sales 1,021,247 917,365 2,939,740 2,679,825
Gross profit 788,525 658,391 2,153,977 1,918,765
Operating expenses:        
Research and development 108,250 70,847 283,570 218,651
Selling, general and administrative 342,412 319,389 1,038,397 913,604
Litigation settlements, net 7,950 2,247 (2,083) 28,457
Total operating expenses 458,612 392,483 1,319,884 1,160,712
Earnings from operations 329,913 265,908 834,093 758,053
Interest expense 76,051 85,772 234,126 254,836
Other income, net 10,939 12,073 13,084 22,543
Earnings before income taxes and noncontrolling interest 264,801 192,209 613,051 525,760
Income tax provision 52,762 34,831 132,449 116,851
Net earnings 212,039 157,378 480,602 408,909
Net earnings attributable to the noncontrolling interest (782) (680) (1,716) (1,590)
Net earnings attributable to Mylan Inc. common shareholders $ 211,257 $ 156,698 $ 478,886 $ 407,319
Earnings per common share attributable to Mylan Inc. common shareholders:        
Basic $ 0.52 $ 0.37 $ 1.15 $ 0.94
Diluted $ 0.51 $ 0.36 $ 1.13 $ 0.92
Weighted average common shares outstanding:        
Basic 406,469 426,412 418,000 432,265
Diluted 411,562 431,587 422,775 441,817