Grant Prideco - Financials

	2007 ReedHycalog Rig Census
	Press Releases 03/10/2008: National Oilwell Varco and Grant Prideco announce early termination granted 02/29/2008: GRANT PRIDECO REPORTS EPS OF $1.00 PER SHARE ON A 12% REVENUE INCREASE 11/09/2007: Grant Prideco Elects Gordon Hall to its Board of Directors

	" IADC/SPE 92497 Project-Specific High-Pressure Completion Tubular for ChevronTexaco's Tahiti Project"
	"IADC/SPE 92575 The Effect of Extreme Make-up Torque on Performance of Rotary Shouldered Connections"


	Company Overview Financials Press Releases Presentations Proposed Merger Contacts

FINANCIALS

SEC Filings

2006 Proxy Statement
    2005 Annual Report
    2005 Annual Report on Form 10-K

2005 Proxy Statement
    2004 Annual Report Cover
    2004 Annual Report
    2004 Annual Report on Form 10-K

Reconciliation of GAAP Results Q2 2005
Reconciliation of GAAP Results Q3 2005
Reconciliation of GAAP Results Q2 2006
Reconciliation of GAAP Results Q3 2006
Reconciliation of GAAP Results Q1 2007
Reconciliation of GAAP Results Q3 2007

Summary Financials

The following table sets forth certain of our historical financial data. Until we were spun off on April 14, 2000, we were a wholly-owned subsidiary of Weatherford International, LTD. (Weatherford). This information has been prepared as if we had been a stand-alone company during 2000. Additionally, in April 2004 we sold the assets and business of our Texas Arai division and prior year results related to this division have been reclassified as discontinued operations. This information should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the Consolidated Financial Statements included in our Annual Report on Form 10-K. The following information may not be indicative of our future operating results.

(a)	We did not have a separate capital structure prior to being spun off from Weatherford on April 14, 2000; accordingly we have calculated our 2000 pro forma earnings per share using pro forma basic and diluted weighted average shares outstanding prior to the spin-off. In calculating our pro forma basic weighted average shares, we have adjusted Weatherford’s historical basic weighted average shares outstanding for the applicable period to reflect the number of shares that would have been outstanding at the time assuming a distribution of one share of our common stock for each share of Weatherford common stock. The effect of stock options and restricted stock is not included in the 2000 diluted weighted average shares computation because to do so would have been anti-dilutive.
(b)	Includes a cumulative effect of accounting change related to Financial Accounting Standards Board (SFAS) No. 142, “Goodwill and Other Intangible Assets” of $6.4 million, net of tax.
(c)	Includes a cumulative effect of accounting change related to SEC Staff Accounting Bulletin (SAB) No. 101 of $1.8 million, net of tax.