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Kensey Nash Reports Strong Second Quarter and First Six Month Fiscal Year 2009 Results
Date:1/28/2009

188 4,841,075 1,057,548 --------- --------- --------- --------- Net income $5,240,270 $2,608,167 $10,487,827 $2,385,823 ========== ========== =========== ========== Basic earnings per share $0.45 $0.22 $0.90 $0.20 ===== ===== ===== ===== Diluted earnings per share $0.44 $0.21 $0.87 $0.19 ===== ===== ===== ===== Weighted average common shares outstanding 11,633,990 12,108,682 11,700,891 12,037,997 ========== ========== ========== ========== Diluted weighted average common shares outstanding 11,934,095 12,645,134 12,122,547 12,633,529 ========== ========== ========== ========== CONDENSED CONSOLIDATED BALANCE SHEETS December 31, 2008 June 30, (Unaudited) 2008 ----------- --------- Assets Current assets: Cash, cash equivalents and investments $71,319,701 $63,496,141 Trade receivables 6,712,766 6,617,156 Other receivables 7,420,777 9,030,699 Inventory 10,646,009 9,270,864 Prepaid expenses and other assets 2,189,095 1,859,958 Deferred tax asset, current 3,153,428 4,277,864 --------- --------- Total current assets 101,441,776 94,552,682 ----------- ---------- Property, plant and equipment, n
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