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VOLCANO CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(Unaudited)
March 31, December 31,
2008 2007
Assets
Current assets:
Cash and cash equivalents $132,572 $122,913
Short-term available-for-sale
investments 55,539 66,205
Accounts receivable, net 25,293 27,976
Inventories 22,399 21,243
Prepaid expenses and other current
assets 3,979 3,997
Total current assets 239,782 242,334
Restricted cash 376 365
Property and equipment, net 14,814 13,692
Intangible assets, net 8,641 9,385
Other non-current assets 804 798
$264,417 $266,574
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $10,051 $11,077
Accrued compensation 8,250 9,083
Accrued expenses and other current
liabilities 6,326 6,600
Deferred revenues 5,796 5,360
Current maturities of long-term debt 58 120
Total current liabilities 30,481 32,240
Long-term debt
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