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2009-01-01
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0000883984
2007-12-31
0000883984
2008-09-30
0000883984
2009-10-11
0000883984
2008-06-30
0000883984
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2008-12-31
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xbrli:shares
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14809239
ICU MEDICAL INC/DE
0000883984
10-Q
2009-09-30
false
--12-31
No
No
Yes
Accelerated Filer
279719052
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note
2:</font></b><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt"
size="2"> </font></b>
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt"
size="2">New Accounting Pronouncements:</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">In April 2009, the Financial Accounting Standards
Board (“FASB”) issued Accounting Codification Statement (“ASC”)
805-10, 805-20 and 805-30 (formerly FSP SFAS 141(R)-1), “Accounting
for Assets Acquired and Liabilities Assumed in a Business
Combination That Arise from Contingencies”, to amend the provisions
related to the initial recognition and measurement, subsequent
measurement and disclosure of assets and liabilities arising from
contingencies in a business combination under ASC 805 (formerly
SFAS 141(R)). . Under the new guidance, assets acquired
and liabilities assumed in a business combination that arise from
contingencies should be recognized at fair value on the acquisition
date if fair value can be determined during the measurement period.
If fair value cannot be determined, companies should typically
account for the acquired contingencies using existing
guidance. The Company adopted this pronouncement on
January 1, 2009. The adoption did not have a material
effect on the Company’s financial position or results of
operations.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">In April 2009, the FASB issued ASC 820-10-65-4
(formerly FSP SFAS 157-4), “Determining Fair Value When the Volume
and Level of Activity for the Asset or Liability Have Significantly
Decreased and Identifying Transactions That Are Not Orderly” which
provides additional guidance for estimating fair value in
accordance with ASC 820 (formerly SFAS No. 157), “Fair Value
Measurements”, when the volume and level of activity for the asset
or liability have significantly decreased. This pronouncement also
includes guidance on identifying circumstances that indicate a
transaction is not orderly</font><font style="FONT-SIZE: 10pt"
size="2">. The Company adopted this</font>
<font style="FONT-SIZE: 10pt" size="2">pronouncement on
April 1, 2009. The adoption did not have a material
effect on the Company’s financial position or results of
operations.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">In April 2009, the FASB issued ASC 320-10-65-4
(formerly FSP SFAS 115-2 and SFAS 124-2), “Recognition and
Presentation of Other-Than-Temporary Impairments”, to amend the
other-than-temporary impairment guidance in debt securities</font>
<font style="FONT-SIZE: 10pt" size="2">to be based on intent and
not more likely than not that the Company would be required to sell
the security before recovery</font> <font style="FONT-SIZE: 10pt"
size="2">and to improve the presentation and disclosure of
other-than-temporary impairments on debt and equity securities in
the financial statements The Company adopted this pronouncement on
April 1, 2009. The adoption did not have a material
effect on the Company’s financial position or results of
operations.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">In May 2009, the FASB issued ASC 855-10 (formerly
SFAS 165), “Subsequent Events”, to establish general standards of
accounting for and disclosure of events that occur after the
balance sheet date but before financial statements are issued or
are available to be issued. The Company adopted this
pronouncement for the quarter ended June 30, 2009. The
adoption did not have an effect on the Company’s financial position
or results of operations.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">In June 2009, the FASB issued ASC 105-10 (formerly
SFAS No. 168), “The FASB Accounting Standards Codification and
the Hierarchy of Generally Accepted Accounting Principles”, which
authorized the Codification as the sole source for authoritative
U.S. GAAP. The Company adopted ASC 105-10 for the quarter
ended September 30, 2009. The adoption did not have an
effect on the Company’s financial position or results of
operations.</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note 4: Restricted Cash and Intangible
Assets</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">In February 2009, the Company acquired a small
manufacturing and distribution company based in Germany for
approximately $5.7 million, which was reflected as restricted cash
of $6.0 million at December 31, 2008. The Company
recorded $5.7 million in intangible assets, which includes $3.8
million for customer contracts, $0.4 million for trademarks, $1.5
million of goodwill and a deferred tax liability of $1.4 million,
due to the non-tax deductibility of the intangible
assets.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The $0.5 million of restricted cash at September 30,
2009 is for cash in escrow related to the land purchase of the
Company’s future plant in Slovakia.</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note 10: Major Customer:</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The Company had revenues equal to 10% or more of total
revenues from one customer, Hospira, Inc. Such revenues were
45% and 71% of total revenue for the three months ended
September 30, 2009 and 2008, respectively and 60% and 68% for
the nine months ended September 30, 2009 and 2008,
respectively. As of September 30, 2009 and
December 31, 2008, the Company had accounts receivable from
Hospira of 47% and 66%, of consolidated accounts receivable,
respectively.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note
5:</font></b><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt"
size="2"> </font></b>
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt"
size="2">Fair Value
Measurement</font></b><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt"
size="2">:</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 24.5pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The Company’s investment securities, which are considered
“available for sale” and trading consist principally of corporate
preferred stocks, certificates of deposit and federal-tax-exempt
state and municipal government debt. The Company has $8.4
million of its investment securities as Level 1 assets, which are
certificates of deposit with quoted prices in active markets.
The Company has $60.9 million of its investment securities as
Level 2 assets, which are pre-refunded municipal securities and
have observable inputs. The Company has $0.9 million invested in
one “auction rate security” as a Level 3 asset due to the
unobservable inputs caused by the lack of liquidity in the recent
auctions. The valuation of this security was based on quotes
received from our brokers which were derived from their internal
models combined with internally developed discount factors.
In determining a discount factor for the auction rate security, the
model weights various factors, including assessments of credit
quality, duration, insurance wraps, discount rates, overall capital
market liquidity and comparable securities, if any. The
security is carried at fair value.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 24.5pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The following table provides the assets and liabilities
carried at fair value measured on a recurring basis as of
September 30, 2009:</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<table style="MARGIN-LEFT: 24.75pt; WIDTH: 88.74%; BORDER-COLLAPSE: collapse"
cellspacing="0" cellpadding="0" width="88%" border="0">
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 30.44%; PADDING-TOP: 0in"
valign="bottom" width="30%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 65.74%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="65%" colspan="11">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">Fair value measurements at September 30,
2009 using</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 30.44%; PADDING-TOP: 0in"
valign="bottom" width="30%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.62%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">Total carrying<br />
value at<br />
September 30, 2009</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.54%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="13%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">Quoted prices<br />
in active<br />
markets for<br />
identical<br />
assets (Level 1)</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.54%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="13%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">Significant<br />
other<br />
observable<br />
inputs (Level 2)</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.54%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="13%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">Significant<br />
unobservable<br />
inputs (Level 3)</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 30.44%; PADDING-TOP: 0in"
valign="bottom" width="30%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Available for sale securities</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.46%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.16%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="15%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">69,226</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.46%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12.08%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="12%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">8,360</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.46%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12.08%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="12%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">60,866</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.46%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12.08%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="12%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">—</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 30.44%; PADDING-TOP: 0in"
valign="bottom" width="30%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Trading securities</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.62%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">900</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.54%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="13%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">—</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.54%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="13%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">—</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.54%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="13%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">900</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 30.44%; PADDING-TOP: 0in"
valign="bottom" width="30%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.46%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.16%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="15%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">70,126</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.46%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12.08%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="12%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">8,360</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.46%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12.08%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="12%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">60,866</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.82%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.46%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12.08%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="12%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">900</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The following tables summarize the change in the fair
values for the Company’s Level 3 asset for the quarter ended
September 30, 2009:</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.75in">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Level 3 changes in fair value (pre-tax):</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<table style="MARGIN-LEFT: 0.75in; WIDTH: 83.34%; BORDER-COLLAPSE: collapse"
cellspacing="0" cellpadding="0" width="83%" border="0">
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 56.82%; PADDING-TOP: 0in"
valign="bottom" width="56%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="18%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">Three months ended<br />
September 30, 2009</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="18%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">Nine months ended<br />
September 30, 2009</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 56.82%; PADDING-TOP: 0in"
valign="bottom" width="56%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Beginning balance</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.44%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="16%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">2,425</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.44%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="16%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">15,925</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 56.82%; PADDING-TOP: 0in"
valign="bottom" width="56%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Transfer into Level 3</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 18%; PADDING-TOP: 0in"
valign="bottom" width="18%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">—</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 18%; PADDING-TOP: 0in"
valign="bottom" width="18%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">—</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 56.82%; PADDING-TOP: 0in"
valign="bottom" width="56%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Sales</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 18%; PADDING-TOP: 0in"
valign="bottom" width="18%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">(1,525</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">)</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 18%; PADDING-TOP: 0in"
valign="bottom" width="18%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">(15,025</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">)</font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 56.82%; PADDING-TOP: 0in"
valign="bottom" width="56%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Unrealized holding gain, included in other comprehensive
income</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="18%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">—</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="18%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">—</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 56.82%; PADDING-TOP: 0in"
valign="bottom" width="56%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Ending balance</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.44%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="16%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">900</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.44%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="16%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">900</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.75in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The Company has an agreement with UBS AG (“UBS”) that
permits the Company to require UBS to purchase the Company’s
auction rate security at par value plus accrued interest. As
of September 30, 2009, the Company has $0.9 million in one
auction rate security. There was less than $0.1 million
increase in the market values of the Company’s auction rate
security in the quarter ended September 30, 2009.</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note 6: Inventories:</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Inventories consisted of the following:</font></p>
<p style="MARGIN: 0in 0in 0pt 45pt; TEXT-INDENT: -45pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<table style="MARGIN-LEFT: 0.75in; WIDTH: 83.34%; BORDER-COLLAPSE: collapse"
cellspacing="0" cellpadding="0" width="83%" border="0">
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">September 30, 2009</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">December 31, 2008</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Raw material</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.24%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="15%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">16,558</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.24%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="15%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">12,531</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Work in process</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 16.8%; PADDING-TOP: 0in"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">2,497</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 16.8%; PADDING-TOP: 0in"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">2,577</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Finished goods</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">25,887</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">2,822</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Total</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.24%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="15%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">44,942</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.24%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="15%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">17,930</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The Company’s finished goods inventory at
September 30, 2009, includes $18.9 million from critical care
inventory purchased from Hospira on August 31, 2009 in the
asset purchase agreement discussed in Note 3.</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note 7: Property and Equipment:</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Property and equipment consisted of the
following:</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<table style="MARGIN-LEFT: 0.75in; WIDTH: 83.34%; BORDER-COLLAPSE: collapse"
cellspacing="0" cellpadding="0" width="83%" border="0">
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">September 30, 2009</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">December 31, 2008</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Machinery and equipment</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.24%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="15%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">56,195</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.24%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="15%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">50,337</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Land, building and building improvements</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 16.8%; PADDING-TOP: 0in"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">49,640</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 16.8%; PADDING-TOP: 0in"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">48,715</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Molds</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 16.8%; PADDING-TOP: 0in"
valign="bottom" width="16%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">19,139</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 16.8%; PADDING-TOP: 0in"
valign="bottom" width="16%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">16,791</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Computer equipment and software</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 16.8%; PADDING-TOP: 0in"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">12,137</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 16.8%; PADDING-TOP: 0in"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">9,890</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Furniture and fixtures</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 16.8%; PADDING-TOP: 0in"
valign="bottom" width="16%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">1,898</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 16.8%; PADDING-TOP: 0in"
valign="bottom" width="16%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">1,983</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Construction in progress</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">5,517</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">3,479</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Total property and equipment, cost</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="16%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">144,526</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="16%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">131,195</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Accumulated depreciation</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">(70,040</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0.375pt; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">)</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.8%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="16%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">(61,298</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0.375pt; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">)</font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 59.22%; PADDING-TOP: 0in"
valign="bottom" width="59%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Net property and equipment</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.24%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="15%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">74,486</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in"
valign="bottom" width="3%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.56%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 15.24%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="15%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">69,897</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.18%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note 8: Net Income Per Share:</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Net income per share is computed by dividing net income by
the weighted average number of common shares outstanding. Diluted
net income per share is computed by dividing net income by the
weighted average number of common shares outstanding plus dilutive
securities. Dilutive securities are outstanding common stock
options (excluding stock options with an exercise price in excess
of the average market value for the period), less the number of
shares that could have been purchased with the proceeds from the
exercise of the options, using the treasury stock method.
Options that are anti-dilutive because their exercise price
exceeded the average market price of the common stock for the
period approximated 236,000 and 1,423,000 for the three months
ended September 30, 2009 and 2008, respectively and 385,000
and 1,619,000 for the nine months ended September 30, 2009 and
2008, respectively.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The following table presents the calculation of net
earnings per common share (“EPS”) — basic and diluted</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<table style="WIDTH: 100%; BORDER-COLLAPSE: collapse"
cellspacing="0" cellpadding="0" width="100%" border="0">
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 49%; PADDING-TOP: 0in"
valign="bottom" width="49%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 22.5%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="22%" colspan="5">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">Three months ended<br />
September 30,</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 22.5%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="22%" colspan="5">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">Nine months ended<br />
September 30,</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 49%; PADDING-TOP: 0in"
valign="bottom" width="49%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">2009</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">2008</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">2009</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"
size="1">2008</font></b></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="1"> </font></b></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 49%; PADDING-TOP: 0in"
valign="bottom" width="49%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Net income</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.3%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.7%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="8%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">6,324</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.3%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.7%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="8%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">7,645</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.3%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.7%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="8%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">19,127</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.3%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.7%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="8%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">15,315</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 49%; PADDING-TOP: 0in"
valign="bottom" width="49%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 10%; PADDING-TOP: 0in"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 10%; PADDING-TOP: 0in"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 10%; PADDING-TOP: 0in"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 10%; PADDING-TOP: 0in"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 49%; PADDING-TOP: 0in"
valign="bottom" width="49%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Weighted average number of common shares
outstanding (for basic calculation)</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 10%; PADDING-TOP: 0in"
valign="bottom" width="10%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">14,796</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 10%; PADDING-TOP: 0in"
valign="bottom" width="10%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">14,327</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 10%; PADDING-TOP: 0in"
valign="bottom" width="10%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">14,771</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 10%; PADDING-TOP: 0in"
valign="bottom" width="10%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">14,016</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 49%; PADDING-TOP: 0in"
valign="bottom" width="49%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Dilutive securities</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">350</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">358</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">262</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="10%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">465</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 49%; PADDING-TOP: 0in"
valign="bottom" width="49%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Weighted average common and common equivalent
shares outstanding (for diluted calculation)</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="10%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">15,146</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="10%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">14,685</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="10%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">15,033</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="10%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">14,481</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 49%; PADDING-TOP: 0in"
valign="bottom" width="49%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">EPS — basic</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.3%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 2.25pt double; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.7%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="8%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">0.43</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.3%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 2.25pt double; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.7%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="8%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">0.53</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.3%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 2.25pt double; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.7%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="8%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">1.29</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.3%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 2.25pt double; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.7%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="8%">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">1.09</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 49%; PADDING-TOP: 0in"
valign="bottom" width="49%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">EPS — diluted</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 8.7%; PADDING-TOP: 0in"
valign="bottom" width="8%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">0.42</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 8.7%; PADDING-TOP: 0in"
valign="bottom" width="8%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">0.52</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 8.7%; PADDING-TOP: 0in"
valign="bottom" width="8%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">1.27</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 8.7%; PADDING-TOP: 0in"
valign="bottom" width="8%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">1.06</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note
9:</font></b><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt"
size="2"> </font></b>
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt"
size="2">Income Taxes:</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Income taxes were acc</font><font style="FONT-SIZE: 10pt"
size="2">rued at an estimated annual effective tax rate of 31.8% in
the first nine months of 2009 compared to 32.0% in the first nine
months of 2008. The effective tax rate differs from that computed
at the federal statutory rate of 35% principally because of the
effect of foreign and state income taxes, tax credits, tax exempt
income and deductions for domestic production
activities.</font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: left" align="left">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note 11: Commitments and
Contingencies:</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">In a previously reported action entitled <u>Medegen MMS,
Inc. v. ICU Medical, Inc.</u> filed on July 6, 2006 in the United
States District Court for the Central District of California,
Medegen alleged that ICU Medical infringed one of its patents by
offering for sale and selling the CLC2000 and TEGO. Medegen sought
monetary damages and injunctive relief. In March 2007,
Medegen withdrew its action as to the TEGO. On September 14,
2007, the Court issued an order granting our summary judgment
motion of non-infringement and entered judgment of
non-infringement, dismissing Medegen’s case with prejudice.
Medegen appealed the Court’s claim construction and summary
judgment orders. By decision issued in November 2008, the Federal
Circuit reversed the order granting summary judgment and remanded
the case to the District Court. This case was dismissed by
agreement of the parties in the third quarter of 2009.</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: left"
align="left">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The Company is from time to time involved in various
legal proceedings, most of which are routine litigation, in the
normal course of business. In the opinion of management,
the resolution of the legal proceedings in which the Company is
involved will not likely have a material adverse impact on the
Company’s financial position or results of
operations.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: left"
align="left">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">In the normal course of business, the Company has agreed
to indemnify officers and directors of the Company to the maximum
extent permitted under Delaware law and to indemnify customers as
to certain intellectual property matters related to sales of the
Company’s products. There is no maximum limit on the
indemnification that may be required under these agreements.
Although we can provide no assurances, the Company has never
incurred, nor do we expect to incur, any liability for
indemnification. Except for indemnification agreements, the
Company does not have any “off balance sheet
arrangements”.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Pursuant to the Asset Purchase Agreement, as described in
Note 3,entered into on July 8, 2009 with Hospira, the Company
has agreed to indemnify Hospira and its affiliates from certain
liabilities arising out of (i) inaccuracies of the Company’s
representations and breaches of the Company’s warranties;
(ii) defaults of our covenants or obligations;
(iii) certain assumed obligations and (iv) use of the
acquired assets after the date of closing. Most of Hospira’s
rights to indemnification will terminate eighteen months after the
closing of the transaction, August 31, 2009, except for
liabilities arising out of certain provisions of the asset purchase
agreement and liabilities for which notice was previously
provided. Notwithstanding the foregoing, the Company is not
obligated to indemnify Hospira for any liabilities for which
Hospira is obligated to indemnify the Company or the Company’s
affiliates under the MCDA. Although the Company can provide
no assurances, the Company does not expect to incur material
liability arising out of the indemnification provision of the asset
purchase agreement.</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note 12: Subsequent Event:</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Treasury Stock:</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">In July 2008, the Company’s board of directors
authorized a program to purchase up to $40.0 million of the
Company’s common stock. Through September 2009, $6.4
million was purchased from this program. In
October 2009, the Company’s board of directors authorized to
increase the maximum to purchase under this plan by $15.0 million,
bringing the total authorized to purchase to $55.0
million.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The Company has evaluated subsequent events through
October 22, 2009, which is the date the financial statements
were available to be issued.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
6908000
6651000
19705000
14555000
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note 1: Basis of Presentation:</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The accompanying unaudited interim condensed consolidated
financial statements have been prepared in accordance with
accounting principles generally accepted in the United States of
America and pursuant to the rules and regulations of the
Securities and Exchange Commission (“SEC”) and reflect all
adjustments, consisting of only normal recurring adjustments, which
are, in the opinion of management, necessary for a fair statement
of the consolidated results for the interim periods presented.
Results for the interim period are not necessarily indicative of
results for the full year. Certain information and footnote
disclosures normally included in annual consolidated financial
statements prepared in accordance with generally accepted
accounting principles have been condensed or omitted pursuant to
such rules and regulations. The condensed consolidated
financial statements should be read in conjunction with the
consolidated financial statements and notes thereto included in the
Company’s</font> <font style="FONT-SIZE: 10pt" size="2">Annual
Report on Form 10-K filed with the SEC for the year ended
December 31, 2008</font><font style="FONT-SIZE: 10pt"
size="2">.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">ICU Medical, Inc. (the “Company”), a Delaware
corporation, operates principally in one business segment engaged
in the development, manufacturing and marketing of disposable
medical devices. The Company’s devices are sold principally to
distributors and medical product manufacturers throughout the
United States and internationally. All subsidiaries are wholly or
majority owned and included in the consolidated financial
statements. All intercompany balances and transactions have been
eliminated.</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
0
0
14081000
-60000
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;">
<tr>
<td>
<p style="MARGIN: 0in 0in 0pt">
<b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Note 3: Asset Purchase</font></b></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">On August 31, 2009, the Company purchased the
commercial rights and physical assets of Hospira Inc’s (“Hospira”)
critical care product line for $30.5 million in cash. The
purchase price was based on estimated inventory and fixed asset
values at the time of purchase, and may be subsequently adjusted
with amounts due to or from Hospira for up to 24 months after
August 31, 2009 or for adjustments to asset
classifications. The asset purchase agreement includes a
repurchase right of up to $6.0 million of finished goods inventory
if the Company is not able to sell the purchased inventory by
August 31, 2011. As of September 30, 2009, the
purchase price was allocated to the acquired assets based on their
relative fair values, as follows:</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<table style="WIDTH: 86.66%; BORDER-COLLAPSE: collapse"
cellspacing="0" cellpadding="0" width="86%" border="0">
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 84.42%; PADDING-TOP: 0in"
valign="bottom" width="84%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Finished goods inventory</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.5%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 10.04%; PADDING-TOP: 0in"
valign="bottom" width="10%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">22,898</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.16%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 84.42%; PADDING-TOP: 0in"
valign="bottom" width="84%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Intangible assets – customer contracts</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 11.54%; PADDING-TOP: 0in"
valign="bottom" width="11%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">1,522</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.16%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 84.42%; PADDING-TOP: 0in"
valign="bottom" width="84%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Intangible assets – patents</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 11.54%; PADDING-TOP: 0in"
valign="bottom" width="11%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">1,128</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.16%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 84.42%; PADDING-TOP: 0in"
valign="bottom" width="84%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Property, plant and equipment</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.54%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="11%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">3,899</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.16%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 84.42%; PADDING-TOP: 0in"
valign="bottom" width="84%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Total assets purchased</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.54%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"
valign="bottom" width="11%" bgcolor="#CCEEFF" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">29,447</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.16%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 84.42%; PADDING-TOP: 0in"
valign="bottom" width="84%">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Net due from Hospira for adjusted inventory post asset
purchase close date of August 31, 2009 to September 30,
2009</font><font style="FONT-SIZE: 10pt" size="2">*</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in"
valign="bottom" width="2%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.54%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid"
valign="bottom" width="11%" colspan="2">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">1,086</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.16%; PADDING-TOP: 0in"
valign="bottom" width="1%">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr>
<tr>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 84.42%; PADDING-TOP: 0in"
valign="bottom" width="84%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">Total adjusted purchase price on asset purchase date,
August 31, 2009</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in"
valign="bottom" width="2%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.5%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">$</font></p></td>
<td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double"
valign="bottom" width="10%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align="right">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">30,533</font></p></td>
<td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.16%; PADDING-TOP: 0in"
valign="bottom" width="1%" bgcolor="#CCEEFF">
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p></td></tr></table>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<div style="MARGIN: 0in 0in 0pt">
<hr align="left" width="25%" noshade="noshade" size="1" /></div>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 4pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">*Reflected in “Prepaid expenses and other current assets”
on the Condensed Consolidated Balance Sheet at September 30,
2009</font></p>
<p style="MARGIN: 0in 0in 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">The Company entered into the asset purchase agreement with
Hospira on July 8, 2009. The Company analyzed the
transaction and determined the transaction was an asset purchase as
it did not include sufficient elements of a business
combination. All critical care sales to Hospira from
July 8, 2009 to August 31, 2009 were deferred and revenue
was not recognized for these shipments. The deferred revenue
of $1.9 million on the Company’s balance sheet as of
September 30, 2009, represents the gross profit associated
with the standard and custom critical care sales to Hospira from
the time of signing the asset purchase agreement to the closing of
the transaction. The Company will recognize the deferred
revenue when the inventory is sold to the end customer, on a
first-in, first-out, basis.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2"> </font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"
size="2">With the completion of the transaction, the Company is
responsible for sales, marketing, customer contracting and
distribution for the critical care line. In connection with
the transaction, certain of the Company’s obligations</font>
<font style="FONT-SIZE: 10pt" size="2">to fund certain critical
care research and to provide sales specialist support</font>
<font style="FONT-SIZE: 10pt" size="2">under the Manufacturing
Commercialization Development Agreement (“MCDA”) were
released. On August 31, 2009, the Company entered into a
transition services agreement with Hospira to facilitate the
transition, under which Hospira will provide distribution services
and light manufacturing for up to eighteen months from
August 31, 2009, however, the Company’s management currently
expects these functions will be transitioned prior to the end of
this eighteen-month period. The Company can provide no
assurances that the transition will occur without delays or
disruptions. Any delay or disruption in the transition may
reduce or eliminate the expected benefits from the
transaction.</font></p>
<p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in">
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size="2"> </font></p></td></tr></table>