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LeMaitre Vascular Reports Q4 2007 Revenue of $11.1 Million, a 27% Increase
Date:3/4/2008

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CONDENSED CONSOLIDATED BALANCE SHEETS

(amounts in thousands)

December 31, 2007 December 31, 2006

(unaudited)

Assets

Current assets:

Cash and cash equivalents $6,691 $15,391

Marketable securities 16,198 15,417

Accounts receivable, net 7,020 5,060

Inventories 9,589 6,081

Other current assets 2,562 1,692

Total current assets 42,060 43,641

Property and equipment, net 2,891 2,389

Goodwill 10,942 8,853

Other intangibles, net 3,886 1,930

Other assets 1,372 150

Total assets $61,151 $56,963

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable $2,565 $818

Accrued expenses 6,661 4,528

Revolving line of credit 262 -

Acquisition-related obligations 851 -

Current portion of capital leases - 32

Total current liabilities 10,339 5,378

Long-term debt, net of current portion 42 -

Deferred tax liabilities 996 833

Other long-term liabilities 1,188 53


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SOURCE LeMaitre Vascular, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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