EX-99 2 tmospread2.txt Consolidated Statement of Operations (Unaudited) Three Months Ended ---------------------------------------------------- June 30, 2001 July 1, 2000
----------------------- ----------------------- (In thousands except per share amounts) Reported Adjusted (a) Reported Adjusted (a) ------------------------------------------------------------------------------------------------------------ Revenues $542,472 $542,472 $579,950 $579,950 -------- -------- -------- -------- Costs and Operating Expenses: Cost of revenues 304,410 291,133 313,701 313,701 Selling, general, and administrative expenses 143,623 143,623 156,321 156,321 Amortization of goodwill and other intangibles 11,875 11,875 10,650 10,650 Research and development expenses 44,706 44,706 46,102 46,102 Restructuring and other unusual costs (income), net 23,693 - (1,594) - -------- -------- -------- -------- 528,307 491,337 525,180 526,774 -------- -------- -------- -------- Operating Income 14,165 51,135 54,770 53,176 Interest Income 16,397 16,397 7,926 7,926 Interest Expense (19,154) (19,154) (21,728) (21,728) Other Income, Net 2,609 2,609 3,052 3,132 -------- -------- -------- -------- Income from Continuing Operations Before Provision for Income Taxes and Minority Interest 14,017 50,987 44,020 42,506 Provision for Income Taxes 5,411 19,681 17,840 16,979 Minority Interest Expense (Income) (817) (45) 4,482 4,440 -------- -------- -------- -------- Income from Continuing Operations 9,423 31,351 21,698 21,087 Income from Discontinued Operations (net of income tax provision and minority interest of $2,751) - - 2,557 - Gain on Disposal of Discontinued Operations (net of income tax provision of $17,259) 15,560 - - - -------- -------- -------- -------- Net Income $ 24,983 $ 31,351 $ 24,255 $ 21,087 ======== ======== ======== ======== Earnings per Share from Continuing Operations: Basic $ .05 $ .17 $ .14 $ .14 ======== ======== ======== ======== Diluted $ .05 $ .17 $ .13 $ .13 ======== ======== ======== ======== Earnings per Share: Basic $ .14 $ .17 $ .16 $ .14 ======== ======== ======== ======== Diluted $ .14 $ .17 $ .15 $ .13 ======== ======== ======== ======== Diluted Cash Operating Earnings per Share (b) $ .23 $ .18 ======== ======== Weighted Average Shares: Basic 181,628 181,628 156,018 156,018 ======== ======== ======== ======== Diluted 185,056 185,532 157,767 157,767 ======== ======== ======== ======== (a) Excludes restructuring and unusual items and results of discontinued operations. (b) Excludes items from (a) and amortization of goodwill and other intangibles, net of tax and minority interest, of $10,639,000 and $8,258,000 in the three months ended June 30, 2001, and July 1, 2000, respectively.
Segment Data (Unaudited) (c) Three Months Ended
--------------------------- (In thousands except percentage amounts) June 30, 2001 July 1, 2000 ------------------------------------------------------------------------------------------------------------ Life Sciences Revenues $202,583 $190,490 -------- -------- Operating Income 25,006 24,292 -------- -------- Operating Income Margin 12.3% 12.8% -------- -------- Cash Operating Income Margin 15.2% 15.0% -------- -------- Optical Technologies Revenues $129,133 $108,696 -------- -------- Operating Income 10,758 7,587 -------- -------- Operating Income Margin 8.3% 7.0% -------- -------- Cash Operating Income Margin 9.8% 8.2% -------- -------- Measurement and Control Revenues $215,293 $285,091 -------- -------- Operating Income 24,792 28,965 -------- -------- Operating Income Margin 11.5% 10.2% -------- -------- Cash Operating Income Margin 13.5% 11.8% -------- -------- Consolidated (including corporate costs) Revenues $542,472 $579,950 -------- -------- Operating Income 51,135 53,176 -------- -------- Operating Income Margin 9.4% 9.2% -------- -------- Cash Operating Income Margin 11.6% 11.0% -------- -------- (c ) Operating income and operating income margins as stated exclude restructuring and unusual items. Cash operating income margins as stated exclude restructuring and unusual items, and amortization of goodwill and other intangibles.