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ResMed Inc. Announces Record Financial Results for the Quarter Ended and Six Months Ended December 31, 2010
Date:1/27/2011

160,850Research and development

21,972

19,059

41,712

36,973Amortization of acquired intangible assets

2,573

2,130

4,604

3,975Donation to Foundation

-

1,000

1,000

2,000Total operating expenses

116,126

106,283

223,687

203,798Income from operations

69,873

57,922

136,266

110,585Other income (expenses), net:Interest income (expense), net

6,005

3,166

11,102

5,290Other, net

3,043

2,009

8,106

5,127Total other income (expenses), net

9,048

5,175

19,208

10,417Income before income taxes

78,921

63,097

155,474

121,002Income taxes

20,465

17,114

40,310

32,917Net income

$58,456

$45,983

$115,164

$88,085Basic earnings per share

$0.38

$0.31

$0.76

$0.59Diluted earnings per share

$0.37

$0.30

$0.73

$0.57Basic shares outstanding

152,420

150,246

152,006

150,544Diluted shares outstanding

157,593

154,068

157,276

153,748All 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)December 31,

June 30,2010

2010ASSETSCurrent assets:Cash and cash equivalents

$616,201

$488,776Accounts receivable, net

235,083

226,911Inventories

214,886

185,642Deferred income taxes

7,447

14,112Income taxes receivable

5,577

5,317Prepaid expenses and other current assets

66,060

64,583Total current assets

1,145,254

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SOURCE ResMed Inc.
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