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ev3 Inc. Reports Third Quarter 2008 Financial Results
Date:10/31/2008

SHEETS

(Dollars in thousands, except per share amounts)

September 28, December 31,

2008 2007

(unaudited)

Assets

Current assets

Cash and cash equivalents $45,947 $81,060

Short-term investments - 9,744

Accounts receivable, less allowance

of $7,536 and $6,783, respectively 73,593 66,170

Inventories 56,269 64,044

Prepaid expenses and other assets 6,773 6,371

Other receivables 695 981

Total current assets 183,277 228,370

Restricted cash 1,442 2,204

Property and equipment, net 33,643 37,985

Goodwill 598,448 586,648

Other intangible assets, net 198,506 231,000

Other assets 467 899

Total assets $1,015,783 $1,087,106

Liabilities and stockholders' equity

Current liabilities

Accounts payable $18,366 $21,511

Accrued compensation and benefits 28,388 35,301

Accrued liabilities 25,455 49,429

Deferred revenue - 9,347

Current portion of long-term debt 2,500 3,571

Total current liabilities 74,709 119,159

Long-term debt
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SOURCE ev3 Inc.
Copyright©2008 PR Newswire.
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