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Martek Announces First Quarter 2009 Financial Results
Date:3/4/2009

hares used in computing diluted earnings per share 33,399 33,130

Unaudited Condensed Consolidated Balance Sheets Data

                                                     January 31,  October 31,
                                                        2009        2008
     Assets:
        Cash and cash equivalents                     $107,309    $102,495
        Accounts receivable, net                        49,593      40,438
        Inventories, net                               103,440      99,553
        Other current assets                             5,174       4,866
        Property, plant and equipment, net             262,631     265,900
        Deferred tax asset                              32,961      38,356
        Long-term investments                           11,310      11,336
        Goodwill and other, net                         82,867      83,037
     Total assets                                     $655,285    $645,981

     Liabilities and stockholders' equity:
        Current liabilities                            $45,635     $47,342
        Non-current liabilities                          9,544      10,056
        Stockholders' equity                           600,106     588,583
     Total liabilities and stockholders' equity       $655,285    $645,981

Unaudited Condensed Consolidated Cash Flow Data

                                                         Three months ended
                                                             January 31,
                                                           2009        2008

     Operating activities:
       Net income                                        $9,606      $8,669
       Non-cash items                                    12,960      11,905
       Changes in operating assets and liabilities, Net (13,965)     (5,458)
       Ne
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SOURCE Martek Biosciences Corporation
Copyright©2009 PR Newswire.
All rights reserved

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