King Pharmaceuticals Inc.

(NYSE:KG)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Assets
Current Assets
Cash & Equivalents	1,231,451	1,095,549	826,582	20,009
Restricted Cash	—	—	—	—
Marketable Securities	72,618	99,030	590,696	1,346,115
Accounts Receivable	168,597	169,040	186,787	183,664
Loans Receivable	—	—	—	—
Other Receivable	—	—	—	20,175
Receivables	168,597	169,040	186,787	203,839
Raw Materials	109,877	115,657	125,514	129,781
Work in Progress	30,065	32,637	24,378	27,590
Purchased Components	—	—	—	—
Finished Goods	59,465	66,879	68,952	61,324
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	-107,016	-110,274	-108,283	-108,387
Inventories	92,391	104,899	110,561	110,308
Prepaid Expenses	55,396	39,216	40,311	39,245
Current Deferred Income Taxes	79,651	94,171	95,836	100,138
Other Current Assets	—	—	—	—
Total Current Assets	1,700,104	1,601,905	1,850,773	1,819,654
Land and Improvements	—	—	—	12,072
Building and Improvements	—	—	—	123,063
Machinery Furniture and Equipment	—	—	—	213,522
Construction in Progress	—	—	—	62,638
Other Fixed Assets	411,368	418,641	418,991	—
Total Fixed Assets	411,368	418,641	418,991	411,295
Gross Fixed Assets	411,368	418,641	418,991	411,295
Accumulated Depreciation and Depletion	154,202	154,202	154,202	154,202
Net Fixed Assets	257,166	264,439	264,789	257,093
Intangibles	655,472	674,521	733,847	780,974
Cost in Excess	129,150	129,150	129,150	129,150
Non Current Deferred Income Taxes	357,418	364,700	351,983	343,700
Other Non Current Assets	412,445	422,739	88,827	96,251
Total Non Current Assets	1,811,651	1,855,549	1,568,596	1,607,168
Total Assets	3,511,755	3,457,454	3,419,369	3,426,822
Liabilities
Current Liabilities
Accounts Payable	68,900	65,197	59,342	76,481
Notes Payable	—	—	—	—
Short Term Debt	—	—	—	—
Accrued Expenses	226,508	278,564	293,304	376,604
Accrued Liabilities	—	—	—	—
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	22,674	17,149	17,180	—
Total Current Liabilities	318,082	360,910	369,826	453,085
Non Current Liabilities
Long Term Debt	400,000	400,000	400,000	400,000
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	—	—
Other Non Current Liabilities	60,810	61,947	62,331	62,980
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	778,892	822,857	832,157	916,065
Total Liabilities	460,810	461,947	462,331	462,980
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	2,732,863	2,634,597	2,587,212	2,510,757
Common Par	—	—	—	—
Additional Paid in Capital	1,305,057	1,297,974	1,290,079	1,283,440
Cumulative Translation Adjustment	—	—	—	1,957
Retained Earnings	1,440,764	1,356,014	1,312,993	1,225,360
Treasury Stock	—	—	—	—
Other Equity Adjustments	-12,958	-19,391	-15,860	—
Total Capitalization	3,132,863	3,034,597	2,987,212	2,910,757
Cash Flow	434,145	308,857	330,621	358,901
Working Capital	1,382,022	1,240,995	1,480,947	1,366,569
Free Cash Flow	296,428	198,380	79,569	227,668
Invested Capital	3,132,863	3,034,597	2,987,212	2,910,757
Total Equity	2,732,863	2,634,597	2,587,212	2,510,757
Total Liabilities and Stock Equity	3,511,755	3,457,454	3,419,369	3,426,822

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Assets
Current Assets
Cash & Equivalents	20,009	113,777	524,677	342,086
Restricted Cash	—	—	130,400	97,730
Marketable Securities	1,346,115	890,185	—	16,498
Accounts Receivable	183,664	262,966	223,581	180,963
Loans Receivable	—	—	—	—
Other Receivable	20,175	2,501	—	—
Receivables	203,839	265,467	223,581	180,963
Raw Materials	129,781	141,227	150,979	168,541
Work in Progress	27,590	21,857	14,955	20,287
Purchased Components	—	—	—	—
Finished Goods	61,324	65,967	91,695	133,527
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	-108,387	-13,593	-29,566	-47,943
Inventories	110,308	215,458	228,063	274,412
Prepaid Expenses	39,245	106,595	59,291	61,395
Current Deferred Income Taxes	100,138	81,991	81,777	153,979
Other Current Assets	—	—	—	—
Total Current Assets	1,819,654	1,673,473	1,247,789	1,127,063
Land and Improvements	12,072	15,855	15,730	15,724
Building and Improvements	123,063	136,167	120,221	107,553
Machinery Furniture and Equipment	213,522	270,373	226,859	197,619
Construction in Progress	62,638	46,542	62,942	53,116
Other Fixed Assets	—	—	—	—
Total Fixed Assets	411,295	468,937	425,752	374,012
Gross Fixed Assets	411,295	468,937	425,752	374,012
Accumulated Depreciation and Depletion	154,202	161,901	123,278	93,281
Net Fixed Assets	257,093	307,036	302,474	280,731
Intangibles	780,974	851,391	1,088,346	1,407,113
Cost in Excess	129,150	121,152	—	—
Non Current Deferred Income Taxes	343,700	271,554	231,032	92,931
Other Non Current Assets	96,251	104,925	95,601	16,318
Total Non Current Assets	1,607,168	1,656,058	1,717,453	1,797,093
Total Assets	3,426,822	3,329,531	2,965,242	2,924,156
Liabilities
Current Liabilities
Accounts Payable	76,481	77,158	84,539	92,920
Notes Payable	—	—	—	—
Short Term Debt	—	—	345,000	—
Accrued Expenses	376,604	510,137	519,620	596,010
Accrued Liabilities	—	—	—	—
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	—	30,501	22,301	—
Total Current Liabilities	453,085	617,796	971,460	688,930
Non Current Liabilities
Long Term Debt	400,000	400,000	—	345,000
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	—	—
Other Non Current Liabilities	62,980	23,129	20,360	41,436
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	916,065	1,040,925	991,820	1,075,366
Total Liabilities	462,980	423,129	20,360	386,436
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	2,510,757	2,288,606	1,973,422	1,848,790
Common Par	—	—	1,222,246	1,210,647
Additional Paid in Capital	1,283,440	1,244,986	—	—
Cumulative Translation Adjustment	1,957	156	—	—
Retained Earnings	1,225,360	1,043,902	754,953	637,120
Treasury Stock	—	—	—	—
Other Equity Adjustments	—	-438	-3,777	1,023
Total Capitalization	2,910,757	2,688,606	1,973,422	2,193,790
Cash Flow	358,901	439,372	267,978	4,972
Working Capital	1,366,569	1,055,677	276,329	438,133
Free Cash Flow	227,668	394,014	466,218	187,878
Invested Capital	2,910,757	2,688,606	1,973,422	2,193,790
Total Equity	2,510,757	2,288,606	1,973,422	1,848,790
Total Liabilities and Stock Equity	3,426,822	3,329,531	2,965,242	2,924,156