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

-family:Arial;font-size:8pt;">$0.13

$0.17Weighted-average common shares outstanding:Basic

27,385

28,24627,385

28,240Diluted

27,745

28,48327,729

28,513Reconciliation excluding items:Income before income taxes, GAAP$3,779$6,314Excluding expenses for business development activities

1,398

2,552Adjusted income before income taxes, non-GAAP5,1778,866Income tax expense calculated at 2011 effective tax rate of 36% for the three and six months

1,864

3,192Adjusted net income, non-GAAP$3,313

$5,674Adjusted income per common share, non-GAAP:Basic$0.12

$0.21Diluted$0.12

$0.20Weighted average common shares outstanding:Basic

27,385

27,385Diluted

27,745

27,729Investors should consider this non-GAAP information in addition to, and not as a substitute for, financial measures prepared in accordance with U.S. GAAP.  In addition, this non-GAAP financial information may not be the same as similar measures presented by other companies.  Non-GAAP adjusted net income and adjusted income per common share exclude expenses for business development activities, including the Company's transaction and integration costs associated with the acquisition of Cardiogenesis.  The Company believes that this non-GAAP presentation provides useful information to investors regarding the operating expense
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SOURCE CryoLife, Inc.
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1. CryoLife Announces Release Date and Teleconference Call Details for 2011 Second Quarter Financial Results
2. CryoLife Makes Equity Investment in ValveXchange® Inc.
3. CryoLife Announces Completion of Acquisition of Cardiogenesis
4. CryoLife Announces Final Results of Tender Offer for 49.9 Percent of the Outstanding Shares of Cardiogenesis Corporation
5. CryoLife Completes Tender Offer for 49.9 Percent of the Outstanding Shares of Cardiogenesis Corporation
6. CryoLife Posts Record Quarterly Revenues of $30.2 Million
7. CryoLife Launches BioGlue® Surgical Adhesive in Japan
8. CryoLife Announces Release Date and Teleconference Call Details for 2011 First Quarter Financial Results
9. CryoLife Announces Expiration of Go-Shop Period Related to its Proposed Acquisition of Cardiogenesis Corporation
10. CryoLife Commences Tender Offer for All Outstanding Shares of Cardiogenesis Corporation
11. CryoLife Signs Definitive Agreement to Acquire Cardiogenesis
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