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ERT Reports Second Quarter 2009 Results
Date:7/30/2009

------ ------ Stockholders' equity: Preferred stock-$10.00 par value, 500,000 shares authorized, none issued and outstanding - - Common stock-$.01 par value, 175,000,000 shares authorized, 59,950,257 and 59,985,442 shares issued, respectively 600 600 Additional paid-in capital 93,828 95,512 Accumulated other comprehensive loss (2,716) (1,089) Retained earnings 110,479 115,097 Treasury stock, 8,686,868 and 11,393,587 shares at cost, respectively (64,763) (78,801) ------- ------- Total stockholders' equity 137,428 131,319 ------- ------- Total liabilities and stockholders' equity $169,122 $159,130 ======== ======== eResearchTechnology, Inc. and Subsidiaries Consolidated Statements of Cash Flows (in thousands) (unaudited) Six Months Ended June 30, 2008 2009 ---- ---- Operating activities: Net income $12,406 $4,618 Adjustments to reconcile net income to net cash provided by operating activities: Gain on sale of EDC operations - (530) Depreciation and amortization 8,574
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