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Cantel Medical Reports 72% Increase in Net Income on Record Sales - EPS of $0.20 vs. $0.12 for Quarter Ended October 31, 2008
Date:12/5/2008

----- --- Total operating expenses 17,439 16,736 ------ ------ Income before interest and income taxes 6,184 4,470 Interest expense 751 1,222 Interest income (70) (147) --- ---- Income before income taxes 5,503 3,395 Income taxes 2,170 1,456 ----- ----- Net income $3,333 $1,939 ====== ====== Earnings per common share - diluted $0.20 $0.12 ===== ===== Weighted average shares - diluted 16,349 16,331 CANTEL MEDICAL CORP. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) October 31, July 31, 2008 2008 ---- ---- Assets Current assets $81,736 $84,561 Property and equipment, net 37,139 37,920 Intangible assets 39,347 41,254 Goodwill 112,173 113,958 Other assets 1,290 1,497 ----- ----- $271,685 $279,190 ======== ======== Liabilities and stockholders' equity Current portion of long-term debt $8,500 $8,000 Other current liabilities 26,248 30,922
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SOURCE Cantel Medical Corp.
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