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Symmetry Medical Reports Record Second Quarter 2008 Revenue of $109.8 Million
Date:8/6/2008

8,235

Income tax expense 4,939 1,426 6,832 1,924

Net income $6,202 $4,696 $10,169 $6,311

Net income per share:

Basic $0.18 $0.13 $0.29 $0.18

Diluted $0.18 $0.13 $0.29 $0.18

Weighted average common shares

and equivalent shares outstanding:

Basic 35,155 35,119 35,154 35,046

Diluted 35,323 35,277 35,329 35,237

Symmetry Medical Inc.

Consolidated Balance Sheets

June 28, December 29,

2008 2007

(In Thousands, Except Per Share Data)

(unaudited)

Assets:

Current Assets:

Cash and cash equivalents $7,561 $12,089

Accounts receivables, net 63,653 42,992

Inventories 61,133 45,353

Refundable income taxes 5,167 6,516

Deferred income taxes 3,419 2,551

Derivative valuation asset - 2

Other current assets 3,187 2,940

Total current assets 144,120 112,443

Property and equipment, net 121,974 100,424

Goodwill 154,068 141,985

Intangible assets, net of accumulated

amortization 48,574 44,567

Other assets 2,283 1,011


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SOURCE Symmetry Medical Inc.
Copyright©2008 PR Newswire.
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