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Kensey Nash Reports Third Quarter Record Revenue and Sales
Date:4/29/2008

TS

March 31,

2008 June 30,

(Unaudited) 2007

Assets

Current assets:

Cash, cash

equivalents and

investments $55,856,433 $34,331,454

Trade receivables 7,689,299 6,220,727

Other receivables 7,133,903 6,799,369

Inventory 10,121,295 7,392,116

Prepaids and other

assets 2,004,601 1,977,592

Deferred tax asset,

current 2,816,764 3,151,350

Total current

assets 85,622,295 59,872,608

Property, plant and

equipment, net 62,952,494 63,821,312

Deferred tax asset,

non-current 364,304 -

Other non-current

assets 16,218,011 16,831,544

Total assets $165,157,104 $140,525,464

Liabilities and

stockholders' equity

Current liabilities:

Accounts payable

and accrued

expenses $7,087,990 $6,178,026

Current portion of

debt 1,400,000 186,667

Share-based

compensation

liability 493,533 -

Deferred

revenue 612,187 350,739

Total current

liabilities 9,593,710 6,715,432 Long term portion of

deferred revenue 533,530 611,196

Long term portion of

debt 33,133,333 7,813,333

Deferred tax liability,
non-current - 995,395

Other non-current

liabilities 4,139,547 740,321

Total stockholders'

equity 117,756,984 123,649,787

Total liabilities

and stockholders'

equi
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SOURCE Kensey Nash Corporation
Copyright©2008 PR Newswire.
All rights reserved

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