OSI Systems (OSIS) 8-K Osi Systems Announces First Quarter Operating Results

EXHIBIT 99.2

Reconciliation of Non-GAAP Financial Measures in Accordance with SEC Regulation G

(in thousands)

Three Months Ended September 30, 2005

(Unaudited)

LOSS FROM OPERATIONS	($	6,514	)
Add:
Restructuring		800
Litigation and Sarbanes-Oxley		2,375
Stock-based compensation		1,241
Bad debt		657
ADJUSTED NON-GAAP LOSS FROM OPERATIONS	($	1,441	)