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ResMed Inc. Announces Financial Results for the Quarter Ended September 30, 2011
Date:10/24/2011

ion. Those reports are available on the Company's Website. RESMED INC AND SUBSIDIARIESCondensed Consolidated Statements of Income (Unaudited)(In US$ thousands, except per share data)Three Months Ended

September 30,20112010Net revenue

$

314,774$

282,012Cost of sales129,720108,058Gross profit185,054173,954Operating expenses:Selling, general and administrative94,20384,791Research and development26,20619,739Amortization of acquired intangible assets3,7712,030Donation to Foundation01,000Total operating expenses124,180107,560Income from operations60,87466,394Other income (expenses), net:Interest income (expense), net6,9245,097Other, net(1,301)5,063Total other income (expenses), net5,62310,160Income before income taxes66,49776,554Income taxes15,97919,846Net income

$

50,518$

56,708Basic earnings per share

$

0.34$

0.37Diluted earnings per share

$

0.33$

0.36Basic shares outstanding150,366151,474Diluted shares outstanding154,051156,752RESMED INC AND SUBSIDIARIESCondensed Consolidated Balance Sheets (Unaudited - In US$ thousands)September  30,
2011June 30,

2011ASSETSCurrent assets:Cash and cash equivalents

$

610,063$

735,267Accounts receivable, net251,103274,352Inventories187,950200,777Prepayments, deferred income taxes and other current assets93,68382,056Total current assets1,142,7991,292,452Property, plant and equipment, net432,687462,107Goodwill267,688235,487Other intangibles63,94047,911Deferred income taxes19,80418,922Other assets8,37412,043Total non-current assets792,493776,470Total assets

$

1,935,292$

2,068,922LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable

$

46,688$

55,194Accrued expenses103,274103,787Deferred revenue41,91845,125Income taxes payable29,1463,931Deferred income taxes593640Current portion of long-term debt4,095163Total current liabilities225,714208,840Deferred income
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SOURCE ResMed Inc.
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Colibri style with 1.5 mm long angled tip and 0.12 mm teeth. Serrated handles with polished finish....
Curved shafts with 3.5 mm angled platform and dull finish. Wide serrated handle with dull finish....
Straight shafts with 4 mm jaws. Serrated handle with dull finish. Jaws straight....
Double-ended. 10 mm sickle shaped blade. 27 mm blunt, curved double-edged blade....
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