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CryoLife Reports Record Revenues for the Second Quarter and First Six Months of 2011
Date:7/28/2011

tyle="font-family:Arial;font-size:8pt;">$29,263$59,575

$58,980June 30,December 31,20112010(Unaudited)Cash, cash equivalents, and restricted securities

$25,120

$40,806Receivables, net

15,904

14,313Deferred preservation costs

29,505

31,570Inventories

6,220

6,429Investment in equity securities

2,594

2,594Total assets

142,251

137,438Shareholders' equity

117,788

113,942CRYOLIFE, INC. AND SUBSIDIARIESUnaudited Reconciliation ofNon-GAAP Adjusted Net Income and Adjusted Income per Common Share(In thousands, except Income per Common Share data)Three Months EndedSix Months EndedJune 30,June 30,2011201020112010GAAP:(Unaudited)(Unaudited)Income before income taxes$3,779$5,074$6,314$8,407Income tax expense

1,959

2,1482,828

3,547Net income$1,820

$2,926$3,486

$4,860Income per common share:Basic$0.07

$0.10$0.13

$0.17Diluted$0.07

$0.10

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

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