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CryoLife Reports Record Quarterly Revenues in First Quarter of 2012

66Total operating expenses19,66316,057Operating income1,6292,447Interest expense65

30Interest income(2)

(9)Other income, net(15)

(109)Income before income taxes1,5812,535Income tax expense590

869Net income$
,666Income per common share:Basic$
.06Weighted-average common shares outstanding:Basic27,180


27,720CRYOLIFE, INC. AND SUBSIDIARIESFinancial Highlights(In thousands)Three Months EndedMarch 31, 20122011(Unaudited)Preservation services: Cardiac tissue$

,534Vascular tissue 


9,140Total preservation services15,65915,674Products: BioGlue and BioFoam 





1,795Revascularization technologies 


--Total products16,45414,429Other 


93Total revenues$
30,196Revenues: U.S.$


5,775Total revenues $
30,196March 31,December 31,20122011(Unaudited) Cash, cash equivalents, and restricted securities


27,017Receivables, net18,208

17,505Deferred preservation costs29,215



7,320Investment in equity securities 


6,248Total assets147,874

147,864Shareholders' equity 




CryoLife D. Ashley Lee

Executive Vice President, Chief Financial Officer
and Chief Operating Officer
Phone: 770-419-3355The Ruth GroupNick Laudico / Zack Kubow

646-536-7030 / 7020


SOURCE CryoLife, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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