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Luminex Corporation Reports Second Quarter 2012 Results
Date:7/30/2012

ion, including any modification, of the Company's strategic operating plans, the uncertainty regarding the outcome or expense of any litigation brought against Luminex, risks relating to Luminex's foreign operations, risks and uncertainties associated with implementing our acquisition strategy and the ability to integrate acquired companies, or selected assets into our consolidated business operations, including the ability to recognize the benefits of our acquisitions, as well as the risks discussed under the heading "Risk Factors" in Luminex's Reports on Forms 10-K and 10-Q, as filed with the Securities and Exchange Commission.  The forward-looking statements, including the financial guidance and 2012 outlook, contained herein represent the judgment of Luminex as of the date of this press release, and Luminex expressly disclaims any intent, obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in Luminex's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.LUMINEX CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS(in thousands)June 30,December 31,20122011(unaudited)ASSETSCurrent assets:Cash and cash equivalents

$
75,898$
58,282Restricted cash

-1,006Short-term investments

23,15042,574Accounts receivable, net

26,17623,016Inventories, net

26,30424,579Deferred income taxes

4,4165,991Prepaids and other

4,9243,529Total current assets

160,868158,977Property and equipment, net

26,24325,192Intangible assets, net

27,25629,437Deferred income taxes

13,46112,817Long-term investments

5,9976,151Goodwill

42,75842,763Other

6,8997,310Total assets

$
283,482$
282,647LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable

$
5,937$
5,941Accrued liabilities'/>"/>

SOURCE Luminex Corporation
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