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

5,698 6,516

Deferred income taxes 3,286 2,551

Derivative valuation asset 40 2

Other current assets 3,418 2,940

Total current assets 141,214 112,443

Property and equipment, net 121,739 100,424

Goodwill 154,962 141,985

Intangible assets, net of accumulated

amortization 48,402 44,567

Other assets 2,437 1,011

Total Assets $468,754 $400,430

Liabilities and Shareholders' Equity:

Current Liabilities:

Accounts payable $37,411 $34,518

Accrued wages and benefits 10,606 10,922

Other accrued expenses 8,231 8,096

Income tax payable 4,433 2,394

Derivative valuation liability - 74

Deferred income taxes 460 407

Revolving line of credit 7,645 6,511

Current portion of capital lease obligations 2,052 2,487

Current portion of long-term debt 12,150 10,900

Total current liabilities 82,988 76,309

Deferred income taxes 12,330 12,136

Derivative valuation liability 3,220 1,917

Capital lease obligations, less current portion 3,623 4,032

Long-term debt, less current portion 122,000 68,500

Total Liabilities 224,16
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SOURCE Symmetry Medical Inc.
Copyright©2008 PR Newswire.
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