Financials

Twelve months ended December 31, (in millions, except per share data) 2007 2006 2005

Net Sales $ 1,091.0 $ 1,037.0 $ 997.9
Cost of goods sold   378.2   373.6   374.6

Gross profit 712.9   663.4  623.3
Selling, general and administrative expenses 418.0   376.0   348.7
Research and development expenses 122.3   114.2  99.0
Purchased in process research and development expenses 1.2
Special (gains) charges, net (Note 4) 23.3 (4.5) 48.2
Interest expense 9.1 10.5 12.3
Interest income (7.7) (7.8) (2.6)
Other (income) expense, net (Note 15) (1.9) 2.7 (0.2)

Income before provision for income taxes 149.8 172.3 116.7
Provision for income taxes 36.8 41.8 37.4

Net income $ 113.0 $ 130.5 $ 79.3

Share information (Note 2):      
Earnings per share:      
Basic $ 1.97 $ 2.23 $ 1.33
Diluted $ 1.87 $ 2.10 $ 1.27
Weighted average number of common shares outstanding:      
Basic 57.3 58.5 59.6
Diluted 62.7 63.9 62.3