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ResMed Inc. Announces Record Financial Results for the Quarter Ended and Nine Months Ended March 31, 2011
Date:4/28/2011

>

5,967Donation to Foundation

-

1,000

1,000

3,000Total operating expenses

118,541

105,404

342,228

309,203Income from operations

63,962

61,179

200,227

171,763Other income (expenses), net:Interest income (expense), net

6,663

4,092

17,765

9,383Other, net

398

2,387

8,506

7,515Total other income (expenses), net

7,061

6,479

26,271

16,898Income before income taxes

71,023

67,658

226,498

188,661Income taxes

17,673

18,824

57,984

51,742Net income

$53,350

$48,834

$168,514

$136,919Basic earnings per share

$0.35

$0.32

$1.11

$0.91Diluted earnings per share

$0.34

$0.31

$1.07

$0.89Basic shares outstanding

153,251

150,876

152,407

150,648Diluted shares outstanding

157,616

155,660

157,356

154,528All share and per share information has been adjusted to reflect the two-for-one stock split effected in the form of a 100% stock dividend that was declared on August 5, 2010 and distributed on August 30, 2010.

RESMED INC AND SUBSIDIARIESCondensed Consolidated Balance Sheets (Unaudited)

(In US$ thousands except share and per share data)March 31,

June 30,2011

2010ASSETSCurrent assets:Cash and cash equivalents

$671,704

$488,776Accounts receivable, net

251,935

226,911Inventories

205,000

185,642Deferred income taxes

12,220

14,112Income taxes receivable

7,306

5,317Prepaid expenses and other current assets

54,493

64,583Total current assets

1,202,658

985,341Property, plant and equipment, net

447,669

387,148Goodwill

230,855

198,625Other intangibles

49,236

30,925Deferred
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SOURCE ResMed Inc.
Copyright©2010 PR Newswire.
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