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Abaxis Reports Financial Performance with Record Sales for the Second Quarter of Fiscal 2011
Date:10/26/2010

975

1,157 Warranty reserve

798

1,183  Total current liabilities

14,494

19,015Non-current liabilities: Deferred rent

328

163 Deferred revenue

1,674

1,359 Warranty reserve

53

160  Total non-current liabilities

2,055

1,682Shareholders' equity:  Common stock

126,234

125,050  Retained earnings

29,398

22,069   Total shareholders' equity

155,632

147,119   Total liabilities and shareholders' equity

$
72,181

$
7,816Operating Income Per Share(In thousands, except per share data)Three Months EndedSix Months EndedSeptember 30,September 30,2010200920102009Shares used in the calculation of operating income per share:  Weighted average common shares outstanding - basic

22,317

22,005

22,264

21,985  Weighted average common shares outstanding - diluted

22,691

22,574

22,736

22,492Operating income per share - basic

$
.24

$
.23

$
.51

$
.49Operating income per share - diluted

$
.24

$
.22

$
.50

$
.48Revenues by Geographic Region(In thousands)Three Months EndedSix Months EndedSeptember 30,September 30,2010200920102009North America

$
29,528

$
24,774

$
57,317

$
48,885International

5,749

5,488

12,913

11,002Total revenues

$
35,277

$
30,262

$
70,230

$
59,887Revenues by Customer Group(In thousands)Three Months EndedSix Months EndedSeptember 30,September 30,2010200920102009Medical Market

$
,857

$
,345

$
3,295

$
2,108Veterinary Market

26,649

21,684

53,467

43,507Other

1,771

2,233

3,468

4,272Total revenues

$
35,277

$
30,262

$
70,230

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SOURCE Abaxis, Inc.
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