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Martek Announces Third Quarter 2007 Financial Results
Date:9/5/2007

>Shares used in

computing basic

earnings per

share 32,272,938 32,143,695 32,230,671 32,099,641

Shares used in

computing diluted

earnings per

share 32,519,324 32,473,578 32,463,488 32,471,120

Condensed Consolidated Balance Sheets Data

July 31, October 31,

2007 2006

Assets:

Cash, cash equivalents and short-term

investments $17,875 $26,828

Accounts receivable, net 37,308 32,746

Inventories, net 111,049 112,320

Other current assets 6,888 10,074

Property, plant and equipment, net 280,592 286,922

Long-term deferred tax asset 34,536 41,619

Goodwill and other, net 85,037 87,464

Total assets $573,285 $597,973

Liabilities and stockholders' equity:

Current liabilities $26,633 $49,786

Non-current liabilities 36,184 55,612

Stockholders' equity 510,468 492,575

Total liabilities and stockholders' equity $573,285 $597,973

Condensed Consolidated Cash Flow Data

Nine months ended July 31,

2007 2006

Operating activities:

Net income $13,745 $14,836

Non-cash items 29,202 27,301

Changes in operating assets and liabilities,

net
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SOURCE Martek Biosciences Corporation
Copyright©2007 PR Newswire.
All rights reserved

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