QUIDEL Corp.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 175,410 155,741 158,603 113,339
Cost of Revenue 66,976 61,285 62,865 52,607
Gross Profit 108,434 94,456 95,738 60,732
Operating Expenses
Research and Development 34,186 27,716 26,325 23,696
Sales, General and Admin. 60,087 50,959 48,549 43,318
Non-Recurring Items 1,825 - - 2,276
Other 8,171 6,935 7,124 6,731
Operating Income 4,165 8,846 13,740 (15,289)
Income From Continuing Operations
Add'l Income/Expense Items 46 11 (173) 214
Earnings Before Interest and Tax 4,211 8,857 13,567 (15,075)
Interest Expense 777 1,246 2,083 2,345
Earnings Before Tax 3,434 7,611 11,484 (17,420)
Income Tax (3,956) 2,618 3,851 (6,149)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 7,390 4,993 7,633 (11,271)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 7,390 4,993 7,633 (11,271)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 7,390 4,993 7,633 (11,271)