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ERT Reports Third Quarter 2009 Results
Date:10/29/2009

50,856 48,452 50,743 49,399 ====== ====== ====== ====== Shares used to calculate diluted net income per share 52,180 48,755 52,085 49,698 ====== ====== ====== ====== eResearchTechnology, Inc. and Subsidiaries Consolidated Balance Sheets (in thousands, except share and per share amounts) (unaudited) December September 31, 2008 30, 2009 -------- -------- ASSETS Current assets: Cash and cash equivalents $66,376 $72,067 Short-term investments 50 50 Investment in marketable securities - 774 Accounts receivable less allowance for doubtful accounts of $695 and $515, respectively 29,177 16,773 Prepaid income taxes 1,892 4,266 Prepaid expenses and other 2,885 3,811 Deferred income taxes 1,831 1,899 ----- ----- Total current assets 102,211 99,640 Property and equipment, net 29,639 23,766 Goodwill 34,603 34,635 Intangible assets 2,149 1,737 Other assets 520 417 --- --- Total assets $169,122 $160,195
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