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Roper Industries Announces Record First Quarter Results

ay be discussed in current and subsequent filings with the SEC.  You should not place undue reliance on any forward-looking statements.  These statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

Roper Industries, Inc. and SubsidiariesCondensed Consolidated Balance Sheets (unaudited)(Amounts in thousands)March 31,December 31,ASSETS20112010CURRENT ASSETS:  Cash and cash equivalents

270,394  Accounts receivable

413,371403,337  Inventories

198,788178,559  Unbilled receivable

79,07275,620  Deferred taxes

33,83432,894  Other current assets

43,12837,287Total current assets


103,639103,487OTHER ASSETS:  Goodwill

2,748,5102,727,780  Other intangible assets, net

1,083,4821,104,513  Deferred taxes

55,62957,850  Other assets

75,99477,803Total other assets

3,963,6153,967,946TOTAL ASSETS

$ 5,096,894$

37,778  Accrued liabilities

268,036298,080  Income taxes payable

--  Deferred taxes

10,66410,445  Current portion of long-term debt

81,82693,342Total current liabilities

507,541539,645NONCURRENT LIABILITIES:  Long-term debt

1,159,9611,247,703  Deferred taxes

474,185465,001  Other liabilities

73,07866,268Total liabilities

2,214,7652,318,617STOCKHOLDERS' EQUITY:  Common stock

977971  Additional paid-in capital

1,060,7851,045,286  Retained earnings

1,759,2821,680,849  Accumulated other comprehensive earnings

81,18843,978  Treasury stock

(20,103)(20,177)Total stockholders' equit

SOURCE Roper Industries, Inc.
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