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Symmetry Medical Reports Record First Quarter 2008 Revenue of $101.9 Million
Date:6/24/2008

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Cost of Revenue 77,916 53,010

Gross Profit 23,946 11,714

Selling, general, and administrative 14,382 7,651

Operating Income 9,564 4,063

Other (income) expense:

Interest expense 2,700 1,587

Derivatives valuation (gain)/loss 1,165 (295)

Other (income) expense (162) 659

Income before income taxes 5,861 2,112

Income tax expense 1,894 497

Net income $3,967 $1,615

Net income per share:

Basic $0.11 $0.05

Diluted $0.11 $0.05

Weighted average common shares and

equivalent shares outstanding:

Basic 35,153 34,973

Diluted 35,335 35,194

Symmetry Medical Inc.

Consolidated Balance Sheets

March 29, December 29,

2008 2007

(In Thousands, Except Per

Share Data)

(unaudited)

Assets:

Current Assets:

Cash and cash equivalents $9,346 $12,089

Accounts receivables, net 62,943 42,992

Inventories 56,483 45,353

Refundable income taxes
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SOURCE Symmetry Medical Inc.
Copyright©2008 PR Newswire.
All rights reserved

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