Symmetry Medical Reports Third Quarter 2009 Financi...(p://www.sec.gov/ www.sec.gov . Sy...),Health

    Symmetry Medical Reports Third Quarter 2009 Financial Results

    Consolidated Statements of Operations

                            Three Months Ended      Nine Month Ended
                          ---------------------  ----------------------
                           October 3, October 4, October 3,   October 4,
                             2009        2008       2009         2008
                          ---------   ---------   ---------   ---------
                              (In Thousands, Except Per Share Data)
                         (unaudited) (unaudited) (unaudited) (unaudited)

    Revenue                 $87,164    $112,095    $289,540    $323,744
    Cost of Revenue          65,917      86,445     216,964     246,733
                          ---------   ---------   ---------   ---------
    Gross Profit             21,247      25,650      72,576      77,011
    Selling, general and
     administrative
     expenses                10,813      15,165      37,395      44,474
                          ---------   ---------   ---------   ---------
    Operating Income         10,434      10,485      35,181      32,537
    Other (income)/expense:
    Interest expense          1,666       2,683       5,050       8,300
    Derivatives valuation
     gain                      (178)       (972)       (746)     (1,041)
    Other                       687       3,079         379       2,581
                          ---------   ---------   ---------   ---------
    Income before
     income taxes             8,259       5,695      30,498      22,697
    Income tax expense        2,851       3,162       9,268       9,995
                          ---------   ---------   ---------   ---------
    Net income               $5,408      $2,533     $21,230     $12,702
    Net income per share: =========   =========   =========   =========
    Basic                     $0.15       $0.07       $0.60       $0.
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SOURCE  Symmetry Medical Inc.
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