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Gen-Probe Reports Strong Financial Results for Fourth Quarter and Full Year 2008
Date:2/17/2009

t assets: Cash and cash equivalents $60,122 $75,963 Short-term investments 445,056 357,531 Trade accounts receivable, net of allowance for doubtful accounts of $700 and $719 at December 31, 2008 and December 31, 2007, respectively 33,397 32,678 Accounts receivable - other 2,900 11,044 Inventories 54,406 48,540 Deferred income tax - short term 7,269 8,825 Prepaid income tax 2,306 2,390 Prepaid expenses 15,094 17,505 Other current assets 6,135 4,402 Total current assets 626,685 558,878 Property, plant and equipment, net 141,922 129,493 Capitalized software, net 13,409 15,923 Goodwill 18,621 18,621 Deferred income tax - long term 12,286 7,942 License, manufacturing access fees and other assets, net 56,608 58,196 Total assets $869,531 $789,053 Liabilities and stockholders' equity Current liabilities: Accounts payable $16,050 $11,777 Accrued salaries and employee benefits 25,093 20,997 Other accrued expenses 4,027 4,024 Income tax payable - 846 Deferred revenue - short term 1,278 2,836 Total current liabilities 46,448 40,470 Non-current income tax payable 4,773 3,958 Deferred
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SOURCE Gen-Probe Incorporated
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