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Cantel Medical Reports 75% Increase in Net Income - EPS of $0.23 vs. $0.13 for Quarter Ended January 31, 2009
Date:3/9/2009

39,424 79,592 78,223 ------ ------ ------ ------ Gross profit 23,611 21,486 47,234 42,692 Expenses: Selling 6,992 6,836 14,342 13,625 General and administrative 9,037 8,967 18,061 17,924 Research and development 983 961 2,048 1,951 ------ ------ ------ ------ Total operating expenses 17,012 16,764 34,451 33,500 ------ ------ ------ ------ Income before interest and income taxes 6,599 4,722 12,783 9,192 Interest expense 674 1,255 1,425 2,477 Interest income (38) (150) (108) (297) ------ ------ ------ ------ Income before income taxes 5,963 3,617 11,466 7,012 Income taxes 2,189 1,460 4,359 2,916 ------ ------ ------ ------ Net income $3,774 $2,157 $7,107 $4,096 ====== ====== ====== ====== Earnings per common share - diluted $0.23 $0.13 $0.43 $0.25 ====== ====== ====== ====== Weighted average shares - diluted 16,415 16,386 16,382 16,359 CANTEL MEDICAL CORP. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) January 31, July 31, 2009 2008 ---- ---- Assets Current assets $85,728
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SOURCE Cantel Medical Corp.
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