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Symmetry Medical Reports Third Quarter 2008 Financial Results
Date:11/12/2008

r 29,

2008 2007

---- ----

(In Thousands, Except Per Share Data)

(unaudited)

Assets:

Current Assets:

Cash and cash equivalents $17,791 $12,089

Accounts receivable, net 58,825 42,992

Inventories 62,782 45,353

Refundable income taxes 5,105 6,516

Deferred income taxes 3,437 2,551

Derivative valuation asset 917 2

Other current assets 2,364 2,940

----- -----

Total current assets 151,221 112,443

Property and equipment, net 120,397 100,424

Derivative valuation asset 261 -

Deferred income taxes - -

Goodwill 153,696 141,985

Intangible assets, net of accumulated

amortization 46,800 44,567

Other assets 2,003 1,011

----- -----

Total Assets $474,378 $400,430

======== ========

Liabilities and Shareholders' Equity:

Current Liabilities:

Accounts payable $32,250 $34,518

Accrued wages and benefits 12,133 10,922

Other accrued expenses 4,803 8,096

Income tax payable
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SOURCE Symmetry Medical Inc.
Copyright©2008 PR Newswire.
All rights reserved

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