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Symmetry Medical Reports Full Year 2007 Financial Results
Date:4/23/2008

$18,514 $(9,869)

Net income (loss) per share:

Basic $(0.00) $0.53 $(0.29)

Diluted $(0.00) $0.53 $(0.28)

Weighted average common shares and

equivalent shares outstanding:

Basic 35,089 34,829 33,841

Diluted 35,268 35,156 34,670

Symmetry Medical Inc.

Consolidated Balance Sheets

December 29, December 30, December 31,

2007 2006 2005

(Restated) (Restated)

(Unaudited) (Unaudited) (Unaudited)

(In Thousands, Except Per Share Data)

Assets:

Current Assets:

Cash and cash equivalents $12,089 $11,721 $12,471

Accounts receivable, net 42,992 32,909 36,694

Inventories 45,353 33,134 28,089

Refundable income taxes 6,516 4,374 1,634

Deferred income taxes 2,551 2,826 1,867

Derivative valuation asset 2 - 414

Other current assets 2,940 3,965 4,032

Total current assets 112,443 88,929 85,201

Property and equipment, net 100,424 102,907 90,537

Derivative valuation asset - - 170

Goodwill 141,985 129,966 101,460

Intangible assets, net of accumulated

amortization 44,567 31,613 14,813

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SOURCE Symmetry Medical Inc.
Copyright©2008 PR Newswire.
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