Entrust Announces Financial Results for Fourth-Quarter and F...(SHEETS (in thousands)...)

Date:1/29/2009

SHEETS (in thousands) December 31, December 31, 2008 2007 =========== =========== ASSETS Cash and cash equivalents $24,312 $20,485 Accounts receivable, net of allowance for doubtful accounts 18,419 20,773 Other current assets 3,262 4,079 Property and equipment, net 1,290 1,490 Purchased product rights and other purchased intangible assets, net 9,622 11,543 Goodwill 60,214 60,214 Long-term strategic and equity investments 46 91 Other long-term assets, net 881 3,479 -------- -------- Total assets $118,046 $122,154 ======== ======== LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable and accruals $15,258 $16,330 Accrued restructuring charges 13,612 19,266 Deferred revenue 27,756 27,894 Long-term liabilities 772 218 -------- -------- Total liabilities 57,398 63,708 Shareholders' equity 60,648 58,446 -------- -------- Total liabilities and shareholders' equity $118,046 $122,154 ======== ======== The following supplemental tables provide non-GAAP financial measures used by the company's management to evaluate operational results. The company believes this information may be
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SOURCE Entrust, Inc. Copyright©2009 PR Newswire. All rights reserved

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