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Luminex Corporation Reports First Quarter 2013 Results

ch any such statements are based.


Harriss T. Currie

Matthew ScaloSr. Vice President, Finance and Chief Financial Officer

Sr. Director, Investor Relations512-219-8020  

 LUMINEX CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS(in thousands)March 31,December 31,20132012(unaudited)ASSETSCurrent assets:Cash and cash equivalents

42,789Short-term investments

6,59913,607Accounts receivable, net

25,12733,273Inventories, net

32,33229,937Deferred income taxes

5,8186,148Prepaids and other

4,6934,388Total current assets

128,858130,142Property and equipment, net

26,58826,229Intangible assets, net

64,19365,218Deferred income taxes

12,81212,819Long-term investments



9,2868,463Total assets

$   292,876$
296,999LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable

9,650Accrued liabilities

16,39712,690Deferred revenue

4,5244,134Current portion of long term debt

1,4091,138Total current liabilities

30,25427,612Long-term debt

1,4031,702Deferred revenue


5,1135,085Total liabilities

39,56137,332Stockholders' equity:Common stock

4141Additional paid-in capital

289,662293,392Accumulated other comprehensive gain

9901,101Accumulated deficit

(37,378)(34,867)Total stockholders' equity

253,315259,667Total liabilities and stockholders' equity

$   292,876$


SOURCE Luminex Corporation
Copyright©2012 PR Newswire.
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