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Kensey Nash Reports Fourth Quarter and Fiscal Year 2008 Results
Date:8/21/2008

ter-tax charges, or $0.25 per share tax effected), related to the

discontinuance of the Company's embolic protection platform.

Year over

Fiscal Year Fiscal Year Year %

Ended Ended Change

June 30, 2008 June 30, 2007

Diluted Earnings Per Share - GAAP $0.38 $0.29 31%

Special Charges (b) 0.61 0.25

Adjusted Diluted Earnings Per Share $0.99 $0.53 87%

(b) Diluted earnings per share for fiscal year 2008 includes

$3.0 million in net charges ($2.0 million in after-tax charges, or

$0.16 per share tax -effected), for the acceleration of stock

awards, approximately $324,000 in charges ($215,000 in after-tax

charges, or $0.02 per share tax-effected), related to the

discontinuation of the Company's embolic protection platform, both

of which were incurred during the first quarter of fiscal 2008, and

$8.1 million in net charges ($5.4 million, or $0.44 per share

tax-effected), related to the sale of the Company's endovascular

business during the fourth quarter of fiscal year 2008. Diluted

earnings per share for the fourth quarter of fiscal year 2007

included $4.7 million in charges ($3.1 million in after-tax charges,

or $0.25 per share tax effected), related to the discontinuance of

the Company's embolic protection platform.

Three Months Three Months Year over Year %

Ended Ended Change

September 30, 2008 September 30, 2007

Range
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SOURCE Kensey Nash Corporation
Copyright©2008 PR Newswire.
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