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ev3 Inc. Reports 2008 First Quarter Financial Results and Revised 2008 Guidance
Date:5/2/2008

840 182

$4,731 $2,199

ev3 Inc.

CONSOLIDATED BALANCE SHEETS

(Dollars in thousands, except per share amounts)

March 30, December 31,

2008 2007

(unaudited)

Assets

Current assets

Cash and cash equivalents $49,300 $81,060

Short-term investments 7,700 9,744

Accounts receivable, less allowance

of $8,017 and $6,783, respectively 77,933 66,170

Inventories 66,579 64,044

Prepaid expenses and other assets 5,603 6,371

Other receivables 1,595 981

Total current assets 208,710 228,370

Restricted cash 2,194 2,204

Property and equipment, net 38,086 37,985

Goodwill 591,438 586,648

Other intangible assets, net 223,336 231,000

Other assets 637 899

Total assets $1,064,401 $1,087,106

Liabilities and stockholders' equity

Current liabilities

Accounts payable $16,303 $21,511

Accrued compensation and benefits 29,430 35,301

Accrued liabilities 46,900 49,429

Deferred revenue 4,715 9,347'/>"/>

SOURCE ev3 Inc.
Copyright©2008 PR Newswire.
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