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Questcor Reports 2010 Financial Results
Date:2/23/2011

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3,392Total assets

$  151,993

$  111,440LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Accounts payable

$  3,869

$  12,921Accrued compensation

4,158

2,140Sales-related reserves

21,511

14,922Other accrued liabilities

1,973

2,228Total current liabilities

31,511

32,211Lease termination, deferred rent and other non-current liabilities

355

1,226Total liabilities

31,866

33,437Commitments and contingenciesShareholders' equity:Preferred stock, no par value, 7,500,000 shares authorized; none outstanding

—Common stock, no par value, 105,000,000 shares authorized; 62,418,464 and 61,726,609 shares issued and outstanding at December 31, 2010 and 2009, respectively

74,809

67,793Retained earnings

45,295

10,224Accumulated other comprehensive income (loss)

23

(14)Total shareholders' equity

120,127

78,003Total liabilities and shareholders' equity

$  151,993

$  111,440Questcor Pharmaceuticals, Inc.Consolidated Statements of Cash Flows

(In thousands)

(unaudited) Years Ended December 3120102009(In thousands)Cash Flows From Operating ActivitiesNet income

$  35,071

$  26,629Adjustments to reconcile net income to net cash provided by operating activities:Share-based compensation expense

3,739

3,066Deferred income taxes

(1,029)

(290)Amortization of investments

678

181Depreciation and amortization

546

480Gain on sale of product rights<
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SOURCE Questcor Pharmaceuticals, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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Related medicine technology :

1. Questcor to Report Fourth Quarter and Full Year 2010 Earnings and Conduct Conference Call on February 23, 2011
2. Questcor Pharmaceuticals Reports Strong Finish to 2010
3. Questcor Pharmaceuticals to Present at the 29th Annual J.P. Morgan Healthcare Conference on Monday, January 10, 2011
4. Questcor Pharmaceuticals to Present at the 29th Annual J.P. Morgan Healthcare Conference
5. Questcor to Present at the Maxim Group Growth Conference
6. Questcor Reports Third Quarter 2010 Results
7. Questcor to Present at the 21st Annual Oppenheimer Healthcare Conference
8. Questcor Teams With Child Neurology Foundation (CNF) to Fund Infantile Spasms Scientific Research
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10. Questcor to Present at UBS Global Life Sciences Conference
11. Mitchell J. Blutt, M.D. Appointed to Questcor Board of Directors
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