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LeMaitre Vascular Reports Q1 2008 Revenue of $11.8 Million, a 20% Increase
Date:4/30/2008

,020

Inventories 10,266 9,589

Other current assets 2,315 2,562

Total current assets 37,549 42,060

Property and equipment, net 2,975 2,891

Goodwill 10,959 10,942

Other intangibles, net 3,869 3,886

Other assets 1,433 1,372

Total assets $56,785 $61,151

Liabilities and stockholders' equity

Current liabilities:

Revolving line of credit $- $262

Accounts payable 2,536 2,565

Accrued expenses 4,413 6,661

Acquisition-related liabilities 1,378 851

Total current liabilities 8,327 10,339

Long term debt 45 42

Deferred tax liabilities 1,212 996

Other long-term liabilities 514 1,188

Total liabilities 10,098 12,565

Stockholders' equity

Common stock 155 155

Additional paid-in capital 61,454 61,187

Accumulated deficit (15,445) (12,880)

Accumulated other comprehensive income 698 291

Less: treasury stock (175) (167)

Total stockholders' equity 46,687 48,586

Total liabilities and stockholders' equity $56,785 $61,151

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SOURCE LeMaitre Vascular, Inc.
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