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Cepheid Reports Fourth Quarter and Full Year 2010 Results
Date:1/27/2011

pan" style="font-family:Arial;font-size:8pt;">59,71258,206Shares used in computing diluted net income (loss) per share

63,37258,59659,71258,206CEPHEIDCONDENSED CONSOLIDATED UNAUDITED BALANCE SHEETS(in thousands)December 31,
2010December 31,
2009ASSETSCurrent assets:Cash and cash equivalents

$
79,538$
35,786Short-term investments

—24,931Accounts receivable, net

28,01023,014Inventory

37,59838,015Prepaid expenses and other current assets

4,1382,421Total current assets

149,284124,167Property and equipment, net

27,43824,021Other non-current assets

607495Intangible assets

24,68830,817Goodwill

18,59418,626Total assets

$
220,611
$
98,126
LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Accounts payable

$
21,957$
22,068Accrued compensation

12,5948,869Accrued royalties

7,99412,929Accrued other liabilities

1,2881,800Current portion of deferred revenue

8,2072,923Current portion of note payable

1,679108Bank borrowing8212;14,618Total current liabilities

53,71963,315Long-term portion of deferred revenue

4,0572,279Note payable, less current portion

4,991732Other liabilities

4,1824,234Total liabilities

66,94970,560Shareholders' equity:Common stock

288,387273,052Additional paid-in capital

72,73156,408Accumulated other comprehensive income'/>"/>

SOURCE Cepheid
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