Three Months Six Months
Ended Ended
December 31, December 31,
---------------- -----------------
2008 2007 2008 2007
---- ---- ---- ----
Revenues:
Net sales
Biomaterial
sales $13,097,048 $11,484,912 $25,768,987 $21,652,211
Endovascular
sales 877,874 1,661,951 1,669,660 3,026,181
------- --------- --------- ---------
Total net sales 13,974,922 13,146,863 27,438,647 24,678,392
Royalty income 6,822,906 6,491,063 13,508,864 12,561,951
--------- --------- ---------- ----------
Total revenues 20,797,828 19,637,926 40,947,511 37,240,343
---------- ---------- ---------- ----------
Operating costs
and expenses:
Cost of products
sold 6,493,026 6,177,524 12,206,481 11,821,673
Research and
development 4,539,173 3,959,591 8,962,922 8,891,595
Selling, general
and
administrative 2,119,628 5,929,374 4,405,227 13,505,966
--------- --------- --------- ----------
Total operating
costs and
expenses 13,151,827 16,066,489 25,574,630 34,219,234
---------- ---------- ---------- ----------
Income from
operations 7,646,001 3,571,437 15,372,881 3,021,109
Interest and other
(expense) income,
net (171,798) 195,918 (43,979) 422,262
-------- ------- ------- -------
Pre-tax income 7,474,203 3,767,355 15,328,902 3,443,371
Income tax expense 2,233,933 1,159,
'/>"/>SOURCE Kensey Nash Corporation Copyright©2009 PR Newswire. All rights reserved | |
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