<SEC-DOCUMENT>0001157523-16-004316.txt : 20160128
<SEC-HEADER>0001157523-16-004316.hdr.sgml : 20160128
<ACCEPTANCE-DATETIME>20160127193202
ACCESSION NUMBER:		0001157523-16-004316
CONFORMED SUBMISSION TYPE:	8-K/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160127
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160128
DATE AS OF CHANGE:		20160127

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OSI SYSTEMS INC
		CENTRAL INDEX KEY:			0001039065
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				330238801
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23125
		FILM NUMBER:		161366265

	BUSINESS ADDRESS:	
		STREET 1:		12525 CHADRON AVE
		CITY:			HAWTHORNE
		STATE:			CA
		ZIP:			90250
		BUSINESS PHONE:		3109780516

	MAIL ADDRESS:	
		STREET 1:		12525 CHADRON AVENUE
		CITY:			HAWTHORNE
		STATE:			CA
		ZIP:			90250
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>a51268265.htm
<DESCRIPTION>OSI SYSTEMS, INC. 8-K/A
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2016 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 10pt; font-family: Times New Roman">
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 14pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 14pt"><br style="font-size: 14pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 14pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-family: Times New Roman; font-size: 14pt"><b>WASHINGTON,
      D.C. 20549</b></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>FORM 8-K/A</b></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>PURSUANT
      TO SECTION 13 OR 15(D) OF</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>THE
      SECURITIES EXCHANGE ACT OF 1934</b></font><br><br><font style="font-family: Times New Roman; font-size: 10pt">DATE
      OF REPORT (DATE OF EARLIEST EVENT REPORTED): January 27, 2016</font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 24pt"><b>OSI SYSTEMS, INC.</b></font><br><font style="font-family: Times New Roman; font-size: 8pt">(</font><font style="font-family: Times New Roman; font-size: 8pt"><b>EXACT
      NAME OF REGISTRANT AS&#160;SPECIFIED IN ITS CHARTER</b></font><font style="font-family: Times New Roman; font-size: 8pt">)</font><br><font style="font-family: Times New Roman"><b>______________</b></font>
    </p>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 10pt">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>DELAWARE</b>
          </p>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap; width: 34%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>000-23125</b>
          </p>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>330238801</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 8pt"><b>(STATE OR OTHER JURISDICTION</b></font><b><font style="font-size: 8pt"><br style="font-size: 8pt"></font><font style="font-size: 8pt">OF
            INCORPORATION)</font></b>
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center; width: 34%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 8pt"><b>(COMMISSION FILE NUMBER)</b></font>
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 8pt"><b>(IRS EMPLOYER IDENTIFICATION</b></font><br><font style="font-size: 8pt"><b>NO.)</b></font>
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 10pt">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>12525 CHADRON AVENUE<br>HAWTHORNE, CA 90250</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 8pt"><b>(ADDRESS OF PRINCIPAL EXECUTIVE
            OFFICES) (ZIP CODE) </b></font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <b>(310) 978-0516</b><br><font style="font-size: 8pt"><b>(REGISTRANT&#8217;S
      TELEPHONE NUMBER, INCLUDING AREA CODE)</b></font>
    </p>
    <p style="text-align: center">
      N/A<br>&#160;(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT.)
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>

    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 10pt">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 10%">
          <b>Item 2.02.</b>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 90%">
          <b>Results of Operations and Financial Condition.</b>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-indent: 30.0px; font-family: Times New Roman; font-size: 10pt">
      We are filing this Current Report on Form 8-K/A to amend our Current
      Report on Form 8-K filed with the Securities and Exchange Commission on
      January 27, 2016, which included a press release attached thereto as
      Exhibit 99.1. The press release contained two typos in the revenues by
      segment information. The corrected press release is attached hereto as
      Exhibit 99.1.
    </p>
    <p style="text-indent: 30.0px; font-family: Times New Roman; font-size: 10pt">
      We are furnishing the information contained in this Item&#160;2.02 (including
      Exhibit 99.1). It shall not be deemed to be &#8220;filed&#8221; for purposes of
      Section&#160;18 of the Securities Exchange Act of 1934, as amended, or
      otherwise subject to the liabilities of that section, nor shall it be
      deemed to be incorporated by reference in any filing under the
      Securities Act of 1933, as amended, or the Securities Exchange Act of
      1934, as amended.
    </p>
    <p style="text-indent: 60.0px; text-align: justify">

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 10pt">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 10%">
          <b>Item 9.01.</b>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 90%">
          <b>Financial Statements and Exhibits.</b>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 10pt">
      <tr>
        <td valign="middle" style="padding-left: 0.0px; text-align: left; width: 6%">
          &#160;
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 4%">
          <i>(d)</i>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 90%">
          <i>Exhibits</i>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 10pt">
      <tr>
        <td style="width: 10%">
          &#160;
        </td>
        <td style="width: 90%">

        </td>
      </tr>
      <tr>
        <td style="width: 10%">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; width: 90%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Exhibit 99.1: Corrected Press Release of OSI Systems, Inc. dated
            January 27, 2016.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>

    </p>
    <hr style="color: #545454; text-align: center; height: 3.0 pt; width: 100%">


    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font>
    </p>
    <p style="text-align: center">

    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 10pt">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            OSI SYSTEMS, INC.
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 5%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date:
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 45%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            January 27, 2016
          </p>
        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left; width: 5%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left; width: 45%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left; width: 4%">
          By:
        </td>
        <td valign="top" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; border-bottom-color: black; width: 46%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Alan Edrick
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 46%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Alan Edrick
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 46%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Financial Officer
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 46%">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <hr style="color: #545454; text-align: center; height: 3.0 pt; width: 100%">


    <p style="text-align: center">
      <b>EXHIBIT INDEX </b>
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 10pt">
      <tr>
        <td style="width: 10%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 5%">
          &#160;
        </td>
        <td style="width: 85%">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; width: 10%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Number</b></u>
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; width: 85%">
          <b>Description</b>
        </td>
      </tr>
      <tr>
        <td style="width: 10%">

        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 85%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap; width: 10%">
          99.1
        </td>
        <td style="width: 5%">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; width: 85%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Corrected Press Release of OSI Systems, Inc. dated January 27,
            2016.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
  </body>
</html>
<!--<!DOCTYPE html
     PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN"
     "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">-->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51268265_ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2016 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>OSI
      Systems Reports Second Quarter Fiscal 2016 Financial Results</b></font>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: left">
      HAWTHORNE, Calif.--(BUSINESS WIRE)--January 27, 2016--OSI Systems, Inc.
      (NASDAQ: OSIS) today announced financial results for the fiscal quarter
      ended December 31, 2015.
    </p>
    <p>
      &#8220;We entered fiscal 2016 with expectations of a challenging first half
      followed by a stronger second half. Though this is turning out to be
      true, the challenges associated with the global economy proved to be
      greater than anticipated leading to disappointing first half financial
      results. Despite this, we are encouraged by our strong first half
      bookings, which we believe positions us to rebound nicely in the second
      half of fiscal 2016,&#8221; said Deepak Chopra, OSI Systems&#8217; Chairman and CEO.
    </p>
    <p>
      The Company reported revenues of $197 million for the second quarter of
      fiscal 2016, a decrease of 23% as compared to the same period a year
      ago. Net income for the second quarter of fiscal 2016 was $0.1 million,
      or $0.01 per diluted share, compared to net income of $18.2 million, or
      $0.89 per diluted share, for the second quarter of fiscal 2015.
      Excluding the impact of impairment, restructuring and other charges, net
      income for the second quarter of fiscal 2016 would have been $8.1
      million, or $0.40 per diluted share, compared to net income of $19.7
      million, or $0.96 per diluted share, for the comparable quarter of the
      prior year.
    </p>
    <p>
      For the six months ended December 31, 2015, the Company reported
      revenues of $397 million, a decrease of 17% as compared to the same
      period a year ago. Net income in this period was $10.9 million, or $0.53
      per diluted share, compared to net income of $29.5 million, or $1.44 per
      diluted share, in the same period a year ago. Excluding the impact of
      impairment, restructuring and other charges, net income for the six
      months ended December 31, 2015 would have been $19.0 million, or $0.93
      per diluted share, compared to net income of $31.5 million, or $1.54 per
      diluted share, for the comparable period in the prior year.
    </p>
    <p>
      As of December 31, 2015, the Company&#8217;s backlog was approximately $695
      million. During the second fiscal quarter, cash flow used in operations
      was $5.3 million.
    </p>
    <p>
      Mr. Chopra stated, &#8220;As expected, our Optoelectronics and Manufacturing
      division sales decreased year over year. However, operational
      improvements, together with a more favorable product mix and a migration
      to more profitable customers, resulted in a 9.4% operating margin,
      excluding the impact of impairment, restructuring and other charges.
      This represented our fifth consecutive quarter of year-over-year
      operating margin expansion.&#8221;
    </p>
    <p>
      Mr. Chopra continued, &#8220;During the second quarter of the prior fiscal
      year, our Security division revenues included approximately $39 million
      from a Foreign Military Sale to the U.S. Department of Defense for use
      in Iraq, creating a difficult comparison for the current fiscal year.
      Our fiscal 2016 second quarter results were further impacted by the
      deferral of revenue recognition for equipment shipped during the
      quarter. As a result, we began the process of streamlining certain
      functions in the Security division. Actions already completed are
      expected to result in approximately $6 million of annual cost savings
      with further opportunities being considered. Security division bookings
      in the first half were up 272% over the prior year. These bookings,
      together with the ramp up of our turnkey program in Albania and a solid
      pipeline of opportunities, position the division well for a strong
      second half weighted to the fourth quarter based upon the anticipated
      timing of converting our backlog and opportunities into revenue.&#8221;
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Mr. Chopra concluded, &#8220;During the second quarter, our Healthcare
      division sales were well below expectations. A variety of factors
      contributed to the performance. Management changes are in process to
      ensure we have the right leadership in place in our Healthcare division.
      Based upon a detailed review of our funnel of opportunities and product
      portfolio, we are optimistic that our Healthcare division sales will
      rebound during the second half of the fiscal year.&#8221;
    </p>
    <p>
      <b>Fiscal Year 2016 Outlook</b>
    </p>
    <p>
      Based on the information known as of today, the Company&#8217;s updated
      current fiscal 2016 sales guidance is $900 million - $945 million and
      earnings guidance is $2.95 to $3.20 per diluted share, excluding the
      impact of impairment, restructuring and other charges. Actual sales and
      diluted EPS could vary from this guidance including as a result of the
      matters discussed under the &#8220;Forward-Looking Statements&#8221; section.
    </p>
    <p>
      <b>Conference Call Information</b>
    </p>
    <p>
      OSI Systems, Inc. will host a conference call and simultaneous webcast
      over the Internet beginning at 1:30pm PT (4:30pm ET), today to discuss
      its results for the second quarter of fiscal 2016. To listen, please
      visit the investor relations section of the OSI Systems website, <u>http://investors.osi-systems.com/index.cfm</u>
      and follow the link that will be posted on the front page. A replay of
      the webcast will be available shortly after the conclusion of the
      conference call until February 12, 2016. The replay can either be
      accessed through the Company&#8217;s website, <u>www.osi-systems.com</u>,
      or by telephonic replay by calling 1-855-859-2056 and entering the
      conference call identification number '35653465&#8217; when prompted for the
      replay code.
    </p>
    <p>
      <b>About OSI Systems, Inc.</b>
    </p>
    <p>
      OSI Systems, Inc. is a vertically integrated designer and manufacturer
      of specialized electronic systems and components for critical
      applications. The Company sells its products and provides related
      services in diversified markets, including homeland security,
      healthcare, defense and aerospace. The Company has more than 30 years of
      experience in electronics engineering and manufacturing and maintains
      offices and production facilities in more than a dozen countries. The
      Company implements a strategy of expansion by leveraging its electronics
      and contract manufacturing capabilities into selective end product
      markets through organic growth and acquisitions. For more information on
      OSI Systems, Inc. or any of its subsidiary companies, visit <u>www.osi-systems.com</u>.
      News Filter: OSIS-E
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Forward-Looking Statements</b>
    </p>
    <p>
      <i>This press release contains forward-looking statements within the
      meaning of the Private Securities Litigation Reform Act of 1995, Section
      27A of the Securities Act of 1933, as amended, and Section 21E of the
      Securities Exchange Act of 1934, as amended. Forward-looking statements
      relate to the Company's current expectations, beliefs, projections and
      similar expressions concerning matters that are not historical facts and
      are not guarantees of future performance.</i> <i>Forward-looking
      statements involve uncertainties, risks, assumptions and contingencies,
      many of which are outside the Company's control and which may cause
      actual results to differ materially from those described in or implied
      by any forward-looking statement. Forward-looking statements include,
      but are not limited to, information provided regarding expected
      revenues, earnings and growth in fiscal 2016. In addition, the Company
      could be exposed to a variety of negative consequences as a result of
      delays related to the award of domestic and international contracts;
      delays in customer programs; delays in revenue recognition related to
      the timing of customer acceptance; unanticipated impacts of
      sequestration and other provisions of the Budget Control Act of 2011 as
      modified by the Bipartisan Budget Act of 2013; changes in domestic and
      foreign government spending, budgetary, procurement and trade policies
      adverse to the Company's businesses; unfavorable currency exchange rate
      fluctuations;</i> <i>market acceptance of the Company's new and existing
      technologies, products and services; the Company's ability to win new
      business and convert any orders received to sales within the fiscal year
      in accordance with the Company's operating plan; enforcement actions in
      respect of any noncompliance with laws and regulations including export
      control and environmental regulations and the matters that are the
      subject of some or all of the Company's ongoing investigations and
      compliance reviews; contract and regulatory compliance matters, and
      actions, if brought, resulting in judgments, settlements, fines,
      injunctions, debarment or penalties, as well as other risks and
      uncertainties, including but not limited to those detailed herein and
      from time to time in the Company's Securities and Exchange Commission
      filings which could have a material and adverse impact on the Company's
      business, financial condition and results of operations. For additional
      information on these and other factors that could cause the Company's
      future results to differ materially from any forward-looking statements,
      see the section entitled &quot;Risk Factors&quot; in the Company's Annual Report
      on Form 10-K for the fiscal year ended June 30, 2015 and other risks
      described in documents subsequently filed by the Company from time to
      time with the Securities and Exchange Commission. All forward-looking
      statements are based on currently available information and speak only
      as of the date on which they are made.</i> <i>The Company assumes no
      obligation to update any forward-looking statement made in this press
      release that becomes untrue because of subsequent events, new
      information or otherwise, except to the extent it is required to do so
      in connection with requirements under federal securities laws.</i>
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td valign="top" colspan="17" style="padding-left: 0.0px; text-align: center">
          <b>OSI SYSTEMS, INC. AND SUBSIDIARIES</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="17" style="padding-left: 0.0px; text-align: center">
          <b>CONSOLIDATED STATEMENTS OF OPERATIONS</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="17" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>(in thousands, except per share data)</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="17" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>(unaudited)</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>Three Months Ended </b>

          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>December 31,</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>Six Months Ended </b>

          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>December 31,</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <b>2014</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <b>2015</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <b>2014</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <b>2015</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Revenues
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          257,829
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          197,339
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          476,226
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          397,389
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Cost of goods sold
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          168,555
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          129,275
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          312,710
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          261,354
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 45.0px; text-align: left">
          Gross profit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          89,274
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          68,064
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          163,516
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          136,035
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Operating expenses:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 5.0px; text-align: left">
          Selling, general and administrative
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          47,894
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          43,141
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          92,076
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          83,534
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Research and development
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          13,240
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          13,045
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          25,910
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          24,926
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 5.0px; text-align: left">
          Impairment, restructuring and other charges
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          2,079
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          11,097
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          2,805
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          11,097
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 25.0px; text-align: left">
          Total operating expenses
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          63,213
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          67,283
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          120,791
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          119,557
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Income from operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          26,061
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          781
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          42,725
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          16,478
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Interest expense and other, net
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (832
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (623
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (1,696
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (1,417
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Income before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          25,229
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          158
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          41,029
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          15,061
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Provision for income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          6,988
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          50
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          11,539
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          4,148
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          Net income
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          18,241
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          108
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          29,490
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          10,913
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          Diluted earnings per share
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          0.89
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          0.01
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          1.44
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          <p style="margin-top: 0px; margin-bottom: 0px">
            0.53
          </p>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          Weighted average shares outstanding &#8211; diluted
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          20,487
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          20,386
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          20,506
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          20,427
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt">
      <tr>
        <td valign="bottom" colspan="7" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>CONSOLIDATED BALANCE SHEETS</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" colspan="7" style="padding-left: 0.0px; text-align: center">
          <i><b>(in thousands</b></i><b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>June 30, 2015</b>
          </p>
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: center">
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>December 31, 2015</b>

          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Unaudited)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          <b>Assets</b>
        </td>
        <td>

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; text-align: left">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          47,593
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          79,789
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Accounts receivable, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          178,519
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          157,799
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Inventories
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          230,421
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          280,600
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Other current assets
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          84,988
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          89,252
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Total current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          541,521
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          607,440
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Non-current assets
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          438,153
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          402,951
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 10.0px; text-align: left">
          Total Assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          979,674
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          1,010,391
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          <b>Liabilities and Stockholders' Equity</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Bank lines of credit
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          --
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          55,000
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Current portion of long-term debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          2,801
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          2,752
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Accounts payable and accrued expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          114,525
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          122,960
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Deferred revenues
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          47,787
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          36,609
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Other current liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          84,168
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          88,294
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Total current liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          249,281
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          305,615
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Long-term debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          8,556
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          7,257
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          65,435
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          65,582
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Other long-term liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          74,623
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          64,329
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 10.0px; text-align: left">
          Total liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          397,895
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          442,783
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Total stockholders&#8217; equity
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          581,779
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          567,608
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 20.0px; text-align: left">
          Total Liabilities and Stockholders&#8217; Equity
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          979,674
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          1,010,391
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt">
      <tr>
        <td valign="top" colspan="17" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>SEGMENT INFORMATION</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="17" style="padding-left: 0.0px; text-align: center">
          <b>(in thousands)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="17" style="padding-left: 0.0px; text-align: center">
          <b>(unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="7" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Three Months Ended December 31,</b>
          </p>
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" colspan="7" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Six Months Ended </b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>December 31,</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>2014</b>
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: center">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <b>2015</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: center">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <b>2014</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: center">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>2015</b>
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Revenues &#8211; by Segment:</b>
          </p>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Security division
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            137,005
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          93,720
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          250,444
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            190,130
          </p>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Healthcare division
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          69,493
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          55,548
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          117,327
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          107,013
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Optoelectronics and Manufacturing division (including intersegment
          revenues)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          65,535
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          60,560
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          134,621
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          123,108
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 20.0px; text-align: left">
          Intersegment revenues eliminations
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (14,204
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (12,489
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (26,166
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (22,862
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 40.0px; text-align: left">
          Total
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          257,829
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          197,339
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          476,226
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          397,389
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          <b>Operating income (loss) &#8211; by Segment:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Security division <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          20,401
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          2,534
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          37,660
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          15,169
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Healthcare division <sup>(2)</sup>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          7,489
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          3,380
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          7,551
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          6,318
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Optoelectronics and Manufacturing division <sup>(3)</sup>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          4,366
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          3,192
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          8,693
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          8,753
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 20.0px; text-align: left">
          Corporate <sup>(4)</sup>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          (5,733
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          (7,903
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          (10,250
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right">

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          (13,105
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 20.0px; text-align: left">
          Eliminations
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (462
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (422
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (929
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          (657
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: left; white-space: nowrap; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 40.0px; text-align: left">
          Total
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          26,061
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          781
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          42,725
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: right">

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          16,478
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt">
      <tr>
        <td valign="top" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          (1)
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Includes impairment, restructuring and other charges of $1.7 million
          and $1.8 million for the three and six months ended December 31,
          2014, respectively, and $6.3 million for the three and six months
          ended December 31, 2015, respectively.
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          (2)
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Includes impairment, restructuring and other charges of $0.1 million
          and $0.2 million for the three and six months ended December 31,
          2014, respectively.
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          (3)
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Includes impairment, restructuring and other charges of $0.1 million
          and $0.2 million for the three months and six months ended December
          31, 2014, respectively, and $2.5 million for the three and six
          months ended December 31, 2015, respectively.
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          (4)
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Includes impairment, restructuring and other charges of $0.2 million
          and $0.6 million for the three months and six months ended December
          31, 2014, respectively, and $2.3 million for both the three and six
          months ended December 31, 2015.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt">
      <tr>
        <td valign="top" colspan="25" style="padding-left: 0.0px; text-align: center">
          <b>Reconciliation of GAAP to Non-GAAP</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="25" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>(in thousands, except earnings per share data)</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="25" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>(unaudited)</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="11" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>Three Months Ended December 31,</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="11" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>Six Months Ended December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="5" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <b>2014</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="5" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="5" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <b>2014</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="5" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; white-space: nowrap; border-bottom-color: black">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>Net income</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>EPS</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>Net income</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>EPS</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>Net income</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>EPS</b>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <b>Net income</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: center; border-bottom-color: black">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>EPS*</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          GAAP basis
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          18,241
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          0.89
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          108
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          0.01
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          29,490
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          1.44
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          10,913
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            0.53
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Impairment, restructuring and other charges, net of tax
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          1,503
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          0.07
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          8,041
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          0.39
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          2,016
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          0.10
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          8,041
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 1.0pt; border-bottom-style: solid; text-align: right; white-space: nowrap; border-bottom-color: black">
          0.39
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          Non-GAAP basis
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          19,744
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          0.96
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $
          </p>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          <p style="margin-top: 0px; margin-bottom: 0px">
            8,149
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          0.40
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          31,506
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          1.54
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          18,954
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; padding-left: 0.0px; border-bottom-width: 2.25pt; border-bottom-style: double; text-align: right; white-space: nowrap; border-bottom-color: black">
          <p style="margin-top: 0px; margin-bottom: 0px">
            0.93
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          *
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Due to rounding, the GAAP basis EPS of $0.53 plus the add-back EPS
          of $0.39 equals $0.93.
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br><b>OSI Systems, Inc.</b><br>Ajay Vashishat<br>Vice
      President, Business Development<br>Tel: (310) 349-2237<br><u>avashishat@osi-systems.com</u>
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
