XML 85 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Supplementary Financial Information
12 Months Ended
Dec. 31, 2011
Supplementary Financial Information [Abstract]  
Supplementary Financial Information

Mylan Inc.

Supplementary Financial Information

Quarterly Financial Data

(Unaudited, in thousands, except per share data)

Year Ended December 31, 2011

 

     Three-Month Period Ended  
     March 31,
2011(1)
     June 30,
2011
     September 30,
2011
     December 31,
2011(1)
 

Total revenues

   $ 1,448,958       $ 1,573,877       $ 1,575,756       $ 1,531,234   

Gross profit

     590,946         669,429         658,391         644,598   

Net earnings

     104,545         146,986         157,378         129,894   

Net earnings attributable to Mylan Inc. common shareholders

     104,175         146,446         156,698         129,491   

Earnings per share (3) :

           

Basic

   $ 0.24       $ 0.34       $ 0.37       $ 0.30   

Diluted

   $ 0.23       $ 0.33       $ 0.36       $ 0.30   

Share prices(4):

           

High

   $ 23.83       $ 25.23       $ 24.97       $ 21.83   

Low

   $ 21.14       $ 22.04       $ 16.99       $ 16.16   

Year Ended December 31, 2010

 

     Three-Month Period Ended  
     March 31,
2010
     June 30,
2010
     September 30,
2010
     December 31,
2010(2)
 

Total revenues

   $ 1,292,374       $ 1,368,536       $ 1,355,113       $ 1,434,499   

Gross profit

     516,298         541,850         580,057         579,192   

Net earnings

     94,270         86,933         143,539         20,800   

Net earnings attributable to Mylan Inc. common shareholders

     61,098         51,469         108,424         2,589   

Earnings per share(3):

           

Basic

   $ 0.20       $ 0.17       $ 0.35       $ 0.01   

Diluted

   $ 0.20       $ 0.16       $ 0.33       $ 0.01   

Share prices(4):

           

High

   $ 22.92       $ 23.25       $ 18.92       $ 21.42   

Low

   $ 17.41       $ 17.04       $ 16.86       $ 18.40   

(1) 

The results for the three months ended March 31, 2011 and December 31, 2011 include $24.0 million and $20.1 million, respectively, of net charges related to litigation.

(2) 

The results for the three months ended December 31, 2010 include $112.8 million of net charges related to litigation.

(3) 

The sum of earnings per share for the quarters may not equal earnings per share for the total year due to changes in the average number of common shares outstanding and the effect of the if-converted method related to our outstanding mandatorily convertible preferred stock. On November 15, 2010, the conversion of our 6.50% mandatorily convertible preferred stock into 125,234,172 shares of Mylan's common stock was completed.

(4) 

Closing prices are as reported on the NASDAQ Stock Market.