19.

Supplemental Guarantor Condensed Consolidating Financials

The Company’s Senior Notes issued in August 2012 are fully and unconditionally and jointly and severally guaranteed by Hologic, Inc. (“Parent/Issuer”) and certain of its domestic subsidiaries, which are 100% owned by Hologic, Inc. The following represents the supplemental condensed financial information of Hologic, Inc. and its guarantor and non-guarantor subsidiaries as of September 28, 2013 and September 29, 2012 and for each of the three years ended September 28, 2013, September 29, 2012 and September 24, 2011.

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Year Ended September 28, 2013


	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Product sales	$	416,871		$	1,569,605		$	477,251		$	(362,836	)	$	2,100,891
Service and other revenues		326,656			71,718			46,635			(53,621	)		391,388

		743,527			1,641,323			523,886			(416,457	)		2,492,279

Costs and expenses:
Cost of product sales		212,899			636,679			331,418			(362,836	)		818,160
Cost of product sales—amortization of intangible assets		5,346			298,426			4,123			—			307,895
Cost of product sales—impairment of intangible assets		—			—			1,714			—			1,714
Cost of service and other revenues		157,391			59,943			39,409			(53,621	)		203,122
Research and development		29,829			157,846			9,971			—			197,646
Selling and marketing		77,982			176,041			88,114			—			342,137
General and administrative		68,883			123,985			34,812			—			227,680
Amortization of intangible assets		3,013			104,778			4,806			—			112,597
Contingent consideration—compensation expense		80,010			—			—			—			80,010
Contingent consideration—fair value adjustments		11,310			—			—			—			11,310
Impairment of goodwill		—			1,117,369			—			—			1,117,369
Gain on sale of intellectual property		—			(53,884	)		—			—			(53,884	)
Restructuring and divestiture charges		4,889			21,647			6,269			—			32,805

		651,552			2,642,830			520,636			(416,457	)		3,398,561

Income (loss) from operations		91,975			(1,001,507	)		3,250			—			(906,282	)
Interest income		590			251			461			—			1,302
Interest expense		(277,771	)		(1,260	)		(2,044	)		—			(281,075	)
Debt extinguishment loss		(9,209	)		—									(9,209	)
Other income (expense), net		193,254			(184,564	)		(6,387	)		—			2,303

Loss before income taxes		(1,161	)		(1,187,080	)		(4,720	)		—			(1,192,961	)
Provision (benefit) for income taxes		30,794			(59,260	)		8,343			—			(20,123	)
Equity in earnings (losses) of subsidiaries		(1,140,883	)		13,887			—			1,126,996			—

Net (loss) income	$	(1,172,838	)	$	(1,113,933	)	$	(13,063	)	$	1,126,996		$	(1,172,838	)

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Year Ended September 29, 2012


	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Product sales	$	420,960		$	1,089,580		$	431,689		$	(284,501	)	$	1,657,728
Service and other revenues		307,097			63,313			32,555			(58,041	)		344,924

		728,057			1,152,893			464,244			(342,542	)		2,002,652

Costs and expenses:
Cost of product sales		211,665			396,747			292,928			(284,501	)		616,839
Cost of product sales—amortization of intangible assets		5,226			192,377			4,261			—			201,864
Cost of service and other revenues		155,555			61,285			30,713			(58,041	)		189,512
Research and development		28,065			91,199			11,698			—			130,962
Selling and marketing		67,874			170,422			84,018			—			322,314
General and administrative		52,568			136,243			31,683			—			220,494
Amortization of intangible assets		2,709			64,357			4,970			—			72,036
Contingent consideration—compensation expense		81,031			—			—			—			81,031
Contingent consideration—fair value adjustments		38,466			—			—			—			38,466
Impairment of goodwill		—			5,826			—			—			5,826
Gain on sale of intellectual property		—			(12,424	)		—			—			(12,424	)
Acquired in-process research and development		—			4,500			—			—			4,500
Restructuring and divestiture charges		49			16,185			1,281			—			17,515

		643,208			1,126,717			461,552			(342,542	)		1,888,935

Income from operations		84,849			26,176			2,692			—			113,717
Interest income		1,950			159			840			(609	)		2,340
Interest expense		(137,190	)		(1,158	)		(1,939	)		—			(140,287	)
Debt extinguishment loss		(42,347	)		—			—			—			(42,347	)
Other income, net		3,051			699			557			609			4,916

(Loss) income before income taxes		(89,687	)		25,876			2,150			—			(61,661	)
Provision (benefit) for income taxes		9,721			(3,094	)		5,346			—			11,973
Equity in earnings (losses) of subsidiaries		25,774			8,415			556			(34,745	)		—

Net (loss) income	$	(73,634	)	$	37,385		$	(2,640	)	$	(34,745	)	$	(73,634	)

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Year Ended September 24, 2011


	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Product sales	$	411,309		$	964,584		$	376,575		$	(274,128	)	$	1,478,340
Service and other revenues		274,197			59,026			27,862			(50,076	)		311,009

		685,506			1,023,610			404,437			(324,204	)		1,789,349

Costs and expenses:
Cost of product sales		200,912			309,910			284,495			(274,128	)		521,189
Cost of product sales—amortization of intangible assets		5,224			167,341			4,891			—			177,456
Cost of service and other revenues		143,399			51,888			22,312			(50,076	)		167,523
Research and development		28,959			75,437			12,300			—			116,696
Selling and marketing		60,496			166,458			59,776			—			286,730
General and administrative		50,180			86,270			23,113			—			159,563
Amortization of intangible assets		2,709			54,851			774			—			58,334
Contingent consideration—compensation expense		20,002			—			—			—			20,002
Contingent consideration—fair value adjustments		(8,016	)		—			—			—			(8,016	)
Gain on sale of intellectual property		—			(84,502	)		—			—			(84,502	)
Restructuring and divestiture charges		(353	)		—			282			—			(71	)

		503,512			827,653			407,943			(324,204	)		1,414,904

Income (loss) from operations		181,994			195,957			(3,506	)		—			374,445
Interest income		1,495			1			364			—			1,860
Interest expense		(111,583	)		(1,357	)		(1,906	)		—			(114,846	)
Debt extinguishment loss		(29,891	)		—			—			—			(29,891	)
Other (expense) income, net		(1,706	)		(2,661	)		185			—			(4,182	)

Income (loss) before income taxes		40,309			191,940			(4,863	)		—			227,386
Provision (benefit) for income taxes		10,976			60,163			(903	)		—			70,236
Equity in earnings (losses) of subsidiaries		127,817			8,699			319			(136,835	)		—

Net income (loss)	$	157,150		$	140,476		$	(3,641	)	$	(136,835	)	$	157,150

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

For the Year Ended September 28, 2013


	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net (loss) income	$	(1,172,838	)	$	(1,113,933	)	$	(13,063	)	$	1,126,996	$	(1,172,838	)
Foreign currency cumulative translation adjustment		—			658			715			—		1,373
Adjustment to minimum pension liability, net of taxes		—			—			134			—		134
Unrealized gain on available-for-sale securities		—			12,094			—			—		12,094

Comprehensive (loss) income	$	(1,172,838	)	$	(1,101,181	)	$	(12,214	)	$	1,126,996	$	(1,159,237	)

For the Year Ended September 29, 2012


	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net (loss) income	$	(73,634	)	$	37,385		$	(2,640	)	$	(34,745	)	$	(73,634	)
Foreign currency translation adjustment		836			(527	)		5,908			—			6,217
Adjustment to minimum pension liability, net of taxes		—			—			(1,484	)		—			(1,484	)
Unrealized gain on available-for-sale security, net of taxes		—			62			—			—			62

Other comprehensive income (loss)		836			(465	)		4,424			—			4,795

Comprehensive (loss) income	$	(72,798	)	$	36,920		$	1,784		$	(34,745	)	$	(68,839	)

For the Year Ended September 24, 2011


	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	157,150		$	140,476		$	(3,641	)	$	(136,835	)	$	157,150
Foreign currency translation adjustment		(1,127	)		(121	)		2,336			—			1,088
Adjustment to minimum pension liability, net of taxes		—			—			764			—			764

Other comprehensive income (loss)		(1,127	)		(121	)		3,100			—			1,852

Comprehensive income (loss)	$	156,023		$	140,355		$	(541	)	$	(136,835	)	$	159,002

SUPPLEMENTAL CONDENSED CONSOLIDATING BALANCE SHEET

September 28, 2013


	Parent/Issuer		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	321,523	$	387,422	$	113,545	$	—		$	822,490
Restricted cash		—		—		6,914		—			6,914
Accounts receivable, net		126,036		174,433		108,804		—			409,273
Inventories		81,924		146,678		60,761		—			289,363
Deferred income tax assets		—		19,042		494		(19,536	)		—
Prepaid income taxes		47,131		2,303		—		(4,689	)		44,745
Prepaid expenses and other current assets		16,246		21,112		11,003		—			48,361
Other current assets—assets held for sale		—		—		2,997		—			2,997
Intercompany receivables		—		2,442,502		31,949		(2,474,451	)		—

Total current assets		592,860		3,193,492		336,467		(2,498,676	)		1,624,143

Property, plant and equipment, net		29,313		356,736		105,479		—			491,528
Intangible assets, net		19,925		3,784,987		101,810		—			3,906,722
Goodwill		283,038		2,390,939		140,551		—			2,814,528
Other assets		103,548		58,446		1,908		—			163,902
Investment in subsidiaries		8,667,620		129,016		2,296		(8,798,932	)		—

Total assets	$	9,696,304	$	9,913,616	$	688,511	$	(11,297,608	)	$	9,000,823

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	$	563,812	$	—	$	—	$	—		$	563,812
Accounts payable		27,865		42,661		10,008		—			80,534
Accrued expenses		152,950		79,629		44,319		(4,967	)		271,931
Deferred revenue		93,306		7,958		31,055		—			132,319
Deferred income tax liabilities		59,346		—		—		(19,536	)		39,810
Intercompany payables		2,418,089		—		64,411		(2,482,500	)		—

Total current liabilities		3,315,368		130,248		149,793		(2,507,003	)		1,088,406

Long-term debt, net of current portion		4,242,098		—		—		—			4,242,098
Deferred income tax liabilities		89,085		1,435,522		10,699		—			1,535,306
Deferred service obligations—long-term		11,251		3,511		12,864		(2,170	)		25,456
Other long-term liabilities		96,990		37,598		33,456		—			168,044

Total stockholders’ equity		1,941,512		8,306,737		481,699		(8,788,435	)		1,941,513

Total liabilities and stockholders’ equity	$	9,696,304	$	9,913,616	$	688,511	$	(11,297,608	)	$	9,000,823

SUPPLEMENTAL CONDENSED CONSOLIDATING BALANCE SHEET

September 29, 2012


	Parent/Issuer		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	210,028	$	269,416	$	80,986	$	—		$	560,430
Restricted cash		—		—		5,696		—			5,696
Accounts receivable, net		101,538		192,349		115,522		(76	)		409,333
Inventories		74,500		223,043		70,180		(532	)		367,191
Deferred income tax assets		13,578		—		617		(2,480	)		11,715
Prepaid income taxes		20,805		48,429		611		—			69,845
Prepaid expenses and other current assets		18,817		12,816		12,668		—			44,301
Intercompany receivables		—		2,094,017		55,761		(2,149,778	)		—
Other current assets—assets held-for-sale		—		67,878		26,625		—			94,503

Total current assets		439,266		2,907,948		368,666		(2,152,866	)		1,563,014

Property, plant and equipment, net		26,928		379,702		101,368		—			507,998
Intangible assets, net		24,034		4,162,930		114,286		—			4,301,250
Goodwill		279,956		3,522,474		140,349		—			3,942,779
Other assets		112,339		49,036		2,406		(1,714	)		162,067
Investments in subsidiaries		9,782,940		101,615		2,296		(9,886,851	)		—

Total assets	$	10,665,463	$	11,123,705	$	729,371	$	(12,041,431	)	$	10,477,108

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	$	64,435	$	—	$	—	$	—		$	64,435
Accounts payable		29,847		43,339		14,037		—			87,223
Accrued expenses		238,387		86,566		50,052		(2,624	)		372,381
Deferred revenue		92,234		10,307		27,147		—			129,688
Intercompany payables		2,085,339		6,655		66,335		(2,158,329	)		—
Other current liabilities—assets held-for-sale		—		5,520		2,102		—			7,622

Total current liabilities		2,510,242		152,387		159,673		(2,160,953	)		661,349

Long-term debt, net of current portion		4,971,179		—		—		—			4,971,179
Deferred income tax liabilities		180,916		1,581,833		8,836		—			1,771,585
Deferred service obligations—long-term		7,536		1,160		7,601		(2,583	)		13,714
Other long-term liabilities		34,559		30,587		34,504		(1,400	)		98,250

Total stockholders’ equity		2,961,031		9,357,738		518,757		(9,876,495	)		2,961,031

Total liabilities and stockholders’ equity	$	10,665,463	$	11,123,705	$	729,371	$	(12,041,431	)	$	10,477,108

CONSOLIDATING STATEMENT OF CASH FLOWS

For the Year Ended September 28, 2013


	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
OPERATING ACTIVITIES
Net cash provided by operating activities	$	237,354		$	205,034		$	51,434		$	—	$	493,822

INVESTING ACTIVITIES
Acquisition of businesses		(6,053	)		—			(220	)		—		(6,273	)
Payment of additional acquisition consideration		(16,808	)		—			—			—		(16,808	)
Proceeds from sale of business, net of cash transferred		—			83,646			1,488			—		85,134
Purchase of property and equipment		(15,480	)		(23,345	)		(10,129	)		—		(48,954	)
Increase in equipment under customer usage agreements		(464	)		(24,443	)		(16,269	)		—		(41,176	)
Purchase of insurance contracts		(4,000	)		—			—			—		(4,000	)
Proceeds from sale of intellectual property		—			60,000			—			—		60,000
Purchase of cost-method investments		(3,500	)		(225	)		—			—		(3,725	)
Sale of cost-method investments		2,104			—			—			—		2,104
Investment in subsdiaries		—			1,812			(1,812	)		—		—
Increase in other assets		(2,097	)		(4,209	)		(1,242	)		—		(7,548	)

Net cash provided by (used in) investing activities		(46,298	)		93,236			(28,184	)		—		18,754

FINANCING ACTIVITIES
Repayment of long-term debt		(265,000	)		—			—			—		(265,000	)
Payment of debt issuance cost		(9,440	)										(9,440	)
Payment of contingent consideration		(42,958	)		—			—			—		(42,958	)
Deferred acquisition consideration		(1,655	)		—			—			—		(1,655	)
Net proceeds from issuance of common stock pursuant to employee stock plans		75,100			—			—			—		75,100
Excess tax benefit related to equity awards		7,439			—			—			—		7,439
Payment of employee restricted stock minimum tax withholdings		(12,256	)		—			—			—		(12,256	)
Intercompany dividend		169,209			(175,000	)		5,791			—		—

Net cash used in (provided by) financing activities		(79,561	)		(175,000	)		5,791			—		(248,770	)
Effect of exchange rate changes on cash and cash equivalents		—			(5,264	)		3,518			—		(1,746	)

Net increase in cash and cash equivalents		111,495			118,006			32,559			—		262,060
Cash and cash equivalents, beginning of period		210,028			269,416			80,986			—		560,430

Cash and cash equivalents, end of period	$	321,523		$	387,422		$	113,545		$	—	$	822,490

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

For the Year Ended September 29, 2012


	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
OPERATING ACTIVITIES
Net cash provided by operating activities	$	236,063		$	104,167		$	29,992		$	—	$	370,222

INVESTING ACTIVITIES
Acquisition of business, net of cash acquired		(3,971,970	)		196,771			12,796			—		(3,762,403	)
Payment of additional acquisition consideration		(8,858	)		—			(926	)		—		(9,784	)
Proceeds from sale of intellectual property		—			12,500			—			—		12,500
Purchase of property and equipment		(13,247	)		(12,444	)		(7,458	)		—		(33,149	)
Increase in equipment under customer usage agreements		—			(30,735	)		(14,889	)		—		(45,624	)
Acquisition of in-process research and development assets		(4,500	)		—			—			—		(4,500	)
Purchase of cost-method investment		—			(250	)		—			—		(250	)
Increase in other assets		(558	)		(2,230	)		(4,786	)		—		(7,574	)

Net cash (used in) provided by investing activities		(3,999,133	)		163,612			(15,263	)		—		(3,850,784	)

FINANCING ACTIVITIES
Proceeds from long-term debt		3,476,320			—			—			—		3,476,320
Payment of debt issuance costs		(81,408	)		—			—			—		(81,408	)
Payment of contingent consideration		(51,680	)		—			—			—		(51,680	)
Payment of deferred acquisition consideration		(44,223	)		—			—			—		(44,223	)
Net proceeds from issuance of common stock pursuant to employee stock plans		28,594			—			—			—		28,594
Excess tax benefit related to equity awards		6,206			—			—			—		6,206
Payment of employee restricted stock minimum tax withholdings		(5,710	)		—			—			—		(5,710	)

Net cash provided by financing activities		3,328,099			—			—			—		3,328,099
Effect of exchange rate changes on cash and cash equivalents		302			1,637			(1,378	)		—		561

Net (decrease) increase in cash and cash equivalents		(434,669	)		269,416			13,351			—		(151,902	)
Cash and cash equivalents, beginning of period		644,697			—			67,635			—		712,332

Cash and cash equivalents, end of period	$	210,028		$	269,416		$	80,986		$	—	$	560,430

SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

For the Year Ended September 24, 2011


	Parent/Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
OPERATING ACTIVITIES
Net cash provided by operating activities	$	431,353		$	9,040		$	15,631		$	—	$	456,024

INVESTING ACTIVITIES
Acquisition of business, net of cash acquired		(240,917	)		9,070			33,103			—		(198,744	)
Payment of additional acquisition consideration		(19,660	)		—			—			—		(19,660	)
Divestiture activities, net of cash transferred		1,138			—			1,129			—		2,267
Proceeds from sale of intellectual property		750			12,500			—			—		13,250
Purchase of property and equipment		(11,512	)		(8,646	)		(7,627	)		—		(27,785	)
Increase in equipment under customer usage agreements		(1,121	)		(17,361	)		(9,396	)		—		(27,878	)
Purchase of licensed technology and other intangible assets		—			(3,021	)		—			—		(3,021	)
Purchase of insurance contracts		(5,322	)		—			—			—		(5,322	)
Purchase of cost-method investment		—			(99	)		—			—		(99	)
Increase in restricted cash		—			—			405			—		405

Net cash (used in) provided by investing activities		(276,644	)		(7,557	)		17,614			—		(266,587	)

FINANCING ACTIVITIES
Repayment of long-term debt and notes payable		—			(1,362	)		—			—		(1,362	)
Payment of debt issuance costs		(5,327	)		—			—			—		(5,327	)
Payment of contingent consideration		(4,294	)		—			—			—		(4,294	)
Net proceeds from issuance of common stock pursuant to employee stock plans		25,404			—			—			—		25,404
Excess tax benefit related to equity awards		3,652			—			—			—		3,652
Payment of employee restricted stock minimum tax withholdings		(10,399	)		—			—			—		(10,399	)

Net cash provided by (used in) financing activities		9,036			(1,362	)		—			—		7,674
Effect of exchange rate changes on cash and cash equivalents		48			(121	)		(331	)		—		(404	)

Net increase in cash and cash equivalents		163,793			—			32,914			—		196,707
Cash and cash equivalents, beginning of period		480,904			—			34,721			—		515,625

Cash and cash equivalents, end of period	$	644,697		$	—		$	67,635		$	—	$	712,332