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Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015
Date:7/24/2014

rnews_span">$
3,229Net income per share:  Basic net income per share

$
.21

$
.15
  Diluted net income per share

$
.21

$
.14
Shares used in the calculation of net income per share:  Weighted average common shares outstanding - basic

22,408

22,229  Weighted average common shares outstanding - diluted

22,637

22,571Cash dividends declared per share

$
.10

$
-
 ABAXIS, INC.Condensed Consolidated Balance Sheets(Unaudited and in thousands)June 30, March 31,2014

2014Current assets: Cash and cash equivalents

$
87,103

$
73,589
 Short-term investments

20,139

29,102 Receivables, net

33,252

29,227 Inventories

27,553

26,978 Prepaid expenses and other current assets

1,719

2,452 Net deferred tax assets, current

5,190

4,464Total current assets 

174,956

165,812Long-term investments

18,411
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SOURCE Abaxis, Inc.
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