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Abaxis Reports Financial Performance for the Third Quarter of Fiscal 2012
Date:1/26/2012

nt in unconsolidated affiliate

2,668

2,769   Property and equipment, net

23,448

19,637   Intangible assets, net

4,148

4,216   Net deferred tax assets, non-current

1,080

1,203   Other assets

106

134Total assets

$
74,032

$
88,260Current liabilities:   Accounts payable

$
,245

$
,173   Accrued payroll and related expenses

5,747

6,129   Accrued taxes

-

559   Other accrued liabilities

2,072

1,677   Deferred revenue

1,138

953   Warranty reserve

1,123

1,031Total current liabilities

16,325

16,522Non-current liabilities:   Deferred rent

597

416   Deferred revenue

2,285

1,737   Warranty reserve

482

191   Notes payable, less current portion

808

746Total non-current liabilities

4,172

3,090Total liabilities

20,497

19,612Shareholders' equity:   Common stock

108,558

132,042   Retained earnings

44,991

36,606   Accumulated other comprehensive loss

(14)

-Total shareholders' equity

153,535

168,648Total liabilities and shareholders' equity

$
74,032

$
88,260Operating Income Per Share(In thousands, except per share data)Three Months EndedNine Months EndedDecember 31,December 31,2011201020112010Shares used in the calculation of operating income per share:Weighted average common shares outstanding - basic

21,672

22,398

22,213

22,309Weighted average common shares outstanding - diluted

21,990

22,872

22,579

22,795Operating income per share - basic

$
.21

$
.26

$
.59

$
.77Operating income per share - diluted

$
.21

$
.26

$
.58

$
.7
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SOURCE Abaxis, Inc.
Copyright©2010 PR Newswire.
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