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Abaxis Reports Financial Performance For The First Quarter Of Fiscal 2014
Date:7/25/2013

s payable, less current portion

657

682Total non-current liabilities

5,624

5,550Total liabilities

23,131

25,569Shareholders' equity: Common stock

121,020

121,019 Retained earnings 

58,362

55,133 Accumulated other comprehensive income

29

42Total shareholders' equity

179,411

176,194Total liabilities and shareholders' equity

$
202,542

$
201,763The following table presents our calculation of operating income per share for the three months ended June 30, 2013 and 2012.Operating Income Per Share(In thousands, except per share data)Three Months EndedJune 30,20132012Income from operations

$
4,636

$
4,793Shares used in the calculation of operating income per share:  Weighted average common shares outstanding - basic

22,229

21,817  Weighted average common shares outstanding - diluted

22,571

22,217Operating income per share - basic

$
.21

$
.22Operating income per share - diluted

$
.21

$
.22 

The following table presents our revenues by source for the three months ended June 30, 2013 and 2012.Revenues by Geographic Region and Customer Group(In thousands)Three Months EndedJune 30,20132012Revenues by Geographic RegionNorth America

$
34,652

$
33,164International

8,517

8,850Total revenues

$
43,169

$
42,014Revenues by Customer Group (1)Medical Market

$
,038

$
8,449Veterinary Market

36,371

32,591Other

760

974Total revenues

$
43,169

$
42,014______________________________

(1) Reclassifications of prior period revenues amounts by customer group have been made to conform to the current period presentation.  Effective in the fourth qua
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SOURCE Abaxis, Inc.
Copyright©2012 PR Newswire.
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