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PAREXEL Reports Second Quarter Fiscal Year 2009 Financial Results
Date:1/26/2009

asic $0.09 $0.23 $0.21 Diluted $0.09 $0.23 $0.20 Shares used in computing earnings per common share: ------------------ Basic 57,634 57,634 55,641 Diluted 57,634 57,634 57,297 Balance Sheet Information Preliminary December 31, June 30, December 31, 2008 2008 2007 ---- ---- ---- Billed accounts receivable, net $259,065 $253,256 $221,476 Unbilled accounts receivable, net 202,019 222,560 163,251 Deferred revenue (238,370) (213,126) (200,093) Net receivables $222,714 $262,690 $184,634 Cash and marketable securities $63,678 $51,918 $62,926 Working capital $143,788 $146,535 $108,877 Total assets $1,123,131 $948,071 $810,535 Short-term borrowings $50,424 $66,474 $60,453 Long-term debt $226,871 $3,465 $231 Stockholders' equity $373,546 $428,091 $363,403 (a) Represents $15 million in reserves for wind-down costs and bad debt expense related to a large late stage trial, and a related $7.1 million tax benefit. PAREXEL International Corporation Consolidated Condensed Statement of Income (In thousands, except per share data) Unaudited Six Months Ended ---------------- December 31, 2008 ----------------- As
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SOURCE PAREXEL International Corporation
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