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Volcano Announces First Quarter Results
Date:5/2/2013

investments132,289140,960 Accounts receivable, net 

71,00376,348 Inventories 

57,15752,811 Prepaid expenses and other current assets 

26,93921,773 Total current assets 

563,703622,527 Restricted cash 

692711 Long-term available-for-sale investments 

95,78344,385 Property and equipment, net 

106,067104,385 Intangible assets, net 

50,60550,657 Goodwill 

51,57751,577 Other non-current assets 

26,71228,102 Total Assets $   895,139$
902,344 Liabilities and Stockholders' Equity  Current liabilities:  Accounts payable 

$
2,195$
,284 Accrued compensation 

19,05523,227 Accrued expenses and other current liabilities 

17,31423,476 Deferred revenues 

9,3839,789 Contingent consideration 

2,9362,908 Current maturities of long-term debt 

5753 Total current liabilities 

60,94075,737 Convertible senior notes 

386,835382,300 Other long-term debt 

1,1741,119 Deferred revenues 

4,3994,661 Contingent consideration, non-current portion 

28,23127,323 Other non-current liabilities 

2,7442,859 Total liabilities 

484,323493,999 Stockholders' equity 

410,816408,345 Total Liabilities and Stockholders' Equity $   895,139$
902,344 VOLCANO CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except per share data)(unaudited)Three Months Ended
March 31,20132012Revenues$

93,231$

90,360Cost of revenues, excluding amortization of intangibles33,12729,573Gross profit60,10460,787Operating expenses:Selling, general and administrative43,82944,345Resear
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SOURCE Volcano Corporation
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