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Impax's Second Quarter 2014 Revenues Increased 45% to $188.1 Million
Date:8/6/2014

="prnews_span">13,07911,560Deferred revenue

2,4173,983Total current liabilities

156,349153,890Deferred revenue

3,7334,267Other liabilities

29,73828,563Total liabilities

189,820186,720Total stockholders' equity

868,741810,203Total liabilities and stockholders' equity

$
,058,561
$
996,923
 Impax Laboratories, Inc.Condensed Consolidated Statements of Cash Flows(unaudited, amounts in thousands)Six Months EndedJune 30,20142013Cash flows from operating activities:Net income

$
41,496
$  111,061Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization

16,30324,179Provision for inventory reserves

10,32022,536Intangible asset impairment charges

2,876-Charge for licensing agreement

2,000-Accretion of interest income on short-term investments

(421)(335)Deferred income tax benefit

(4,786)'/>"/>

SOURCE Impax Laboratories, Inc.
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