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eResearchTechnology Reports Second Quarter 2008 Results
Date:8/4/2008

ries

Consolidated Balance Sheets

(in thousands, except share and per share amounts)

December 31, June 30, 2008

ASSETS 2007 (unaudited)

Current assets:

Cash and cash equivalents $38,082 $49,446

Short-term investments 8,797 6,405

Accounts receivable, net 26,718 29,302

Prepaid income taxes 743 -

Prepaid expenses and other 3,087 4,291

Deferred income taxes 901 899

Total current assets 78,328 90,343

Property and equipment, net 33,347 29,852

Goodwill 30,908 33,229

Intangible assets 3,849 2,947

Deferred income taxes 1,011 1,375

Other assets 253 660

Total assets $147,696 $158,406

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable $3,505 $3,223

Accrued expenses 12,103 8,078

Income taxes payable 2,352 1,970

Current portion of capital lease

obligations 1,097 290

Deferred revenues 13,905 14,487

Total current liabilities 32,962 28,048

Capital lease obligations, excluding

current portion 48 -

Other l
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SOURCE eResearchTechnology, Inc.
Copyright©2008 PR Newswire.
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Related biology technology :

1. eResearchTechnology to Present at the Thomas Weisel Healthcare Conference 2007 on September 5th
2. eResearchTechnology to Present at the UBS Global Healthcare Services Conference 2008 on February 11th
3. eResearchTechnology, Inc. to Announce 2007 Fourth Quarter Results on February 26, 2008
4. eResearchTechnology Reports Fourth Quarter and Full Year 2007 Results
5. eResearchTechnology, Inc. and nSpire Health, Inc. Form Alliance to Deliver Integrated Cardiac Safety and Pulmonary Clinical Trial Services
6. eResearchTechnology, Inc. to Announce 2008 First Quarter Results on May 5, 2008
7. eResearchTechnology to Present at the Deutsche Bank 33rd Annual Healthcare Conference on May 7th 2008
8. eResearchTechnology Reports First Quarter 2008 Results
9. eResearchTechnology Announces Resignation of its CFO
10. eResearchTechnology to Present at the FBR 12th Annual Spring Investor Conference on May 28th 2008
11. eResearchTechnology Names New Chief Financial Officer
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