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Immucor Announces Fiscal Second Quarter Results; Raises Fiscal 2009 EPS Guidance
Date:1/7/2009

(181) Other, net (1,230) 268 (1,650) 87 Total non-operating (expense) income (721) 1,313 (473) 2,150 INCOME BEFORE INCOME TAXES 27,141 24,706 58,013 52,618 PROVISION FOR INCOME TAXES 9,803 8,542 20,718 18,704 NET INCOME $ 17,338 $ 16,164 $ 37,295 $ 33,914 Earnings per share: Per common share - basic $0.25 $0.23 $0.53 $0.49 Per common share - diluted $0.24 $0.23 $0.52 $0.48 Weighted average shares outstanding: Basic 70,409 69,954 70,338 69,693 Diluted 71,227 71,111 71,219 71,094 IMMUCOR, INC. SELECTED CONDENSED CONSOLIDATED BALANCE SHEET ITEMS (Unaudited, in thousands) November 30, May 31, 2008 2008 Cash $92,302 $175,056 Accounts receivable - trade 55,817 52,720 Inventory 34,528 32,228 Total current assets 192,515 271,575 Property and equipment - net 38,154 36,426 Total assets 395,463 364,950 Accounts payable 8,182 7,546 Total current liabilities 43,504 41,019 Other liabilities 16,151 16,235 Shareholders' equity 335,808 307,696 IMMUCOR, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, in thousands) S
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SOURCE Immucor, Inc.
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