Intuitive Surgical, Inc.

(NASDAQ:ISRG)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Assets
Current Assets
Cash & Equivalents	821,431	223,023	230,808	122,825
Restricted Cash	—	—	—	—
Marketable Securities	—	116,614	156,160	304,642
Accounts Receivable	173,708	162,088	135,690	130,370
Loans Receivable	—	—	—	—
Other Receivable	—	—	—	—
Receivables	173,708	162,088	135,690	130,370
Raw Materials	—	16,038	14,411	12,809
Work in Progress	—	3,924	2,556	3,257
Purchased Components	—	—	—	—
Finished Goods	—	22,633	21,865	16,350
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	—	—	—
Inventories	52,498	42,594	38,832	32,416
Prepaid Expenses	—	9,369	14,670	13,486
Current Deferred Income Taxes	—	5,852	5,852	5,852
Other Current Assets	—	—	—	—
Total Current Assets	—	559,540	582,012	609,591
Land and Improvements	—	—	—	15,520
Building and Improvements	—	—	—	36,016
Machinery Furniture and Equipment	—	—	—	30,490
Construction in Progress	—	—	—	4,070
Other Fixed Assets	—	128,495	105,832	15,924
Total Fixed Assets	—	128,495	105,832	102,020
Gross Fixed Assets	98,081	128,495	105,832	102,020
Accumulated Depreciation and Depletion	—	33,927	33,927	33,927
Net Fixed Assets	98,081	94,568	71,905	68,093
Intangibles	—	39,402	21,985	23,474
Cost in Excess	110,740	110,740	110,740	110,740
Non Current Deferred Income Taxes	38,973	26,607	22,458	18,725
Other Non Current Assets	69,240	400,530	314,185	209,375
Total Non Current Assets	317,034	671,847	541,273	430,407
Total Assets	1,364,671	1,231,387	1,123,285	1,039,998
Liabilities
Current Liabilities
Accounts Payable	108,442	20,018	24,042	29,791
Notes Payable	—	—	—	—
Short Term Debt	—	—	—	—
Accrued Expenses	—	—	18,382	30,077
Accrued Liabilities	—	44,485	17,592	18,085
Deferred Revenues	72,801	64,914	59,248	53,817
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	—	—	—	—
Total Current Liabilities	—	129,417	119,264	131,770
Non Current Liabilities
Long Term Debt	—	—	—	—
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	—	—
Other Non Current Liabilities	—	27,983	22,210	19,554
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	181,243	157,400	141,474	151,324
Total Liabilities	—	27,983	22,210	19,554
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	1,183,428	1,073,987	981,811	888,674
Common Par	—	39	39	38
Additional Paid in Capital	—	790,215	744,236	694,597
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	—	289,472	238,290	193,509
Treasury Stock	—	—	—	—
Other Equity Adjustments	—	-5,739	-754	530
Total Capitalization	1,183,428	1,073,987	981,811	888,674
Cash Flow	—	203,936	180,319	157,564
Working Capital	-181,243	430,123	462,748	477,821
Free Cash Flow	—	52,150	32,435	181,680
Invested Capital	1,183,428	1,073,987	981,811	888,674
Total Equity	1,183,428	1,073,987	981,811	888,674
Total Liabilities and Stock Equity	1,364,671	1,231,387	1,123,285	1,039,998

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Assets
Current Assets
Cash & Equivalents	122,825	34,390	5,508	5,771
Restricted Cash	—	—	319	205
Marketable Securities	304,642	205,353	123,679	126,267
Accounts Receivable	130,370	94,680	52,849	35,443
Loans Receivable	—	—	—	—
Other Receivable	—	—	—	—
Receivables	130,370	94,680	52,849	35,443
Raw Materials	12,809	9,389	5,187	2,404
Work in Progress	3,257	2,051	4,416	1,183
Purchased Components	—	—	—	—
Finished Goods	16,350	12,855	5,567	2,379
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	—	—	—
Inventories	32,416	24,295	15,170	5,966
Prepaid Expenses	13,486	6,328	6,131	3,032
Current Deferred Income Taxes	5,852	9,405	4,999	—
Other Current Assets	—	—	—	—
Total Current Assets	609,591	374,451	208,655	176,684
Land and Improvements	15,520	15,520	15,520	5,400
Building and Improvements	36,016	33,372	28,366	17,438
Machinery Furniture and Equipment	30,490	23,680	19,061	12,107
Construction in Progress	4,070	1,458	—	—
Other Fixed Assets	15,924	10,995	7,864	6,015
Total Fixed Assets	102,020	85,025	70,811	40,960
Gross Fixed Assets	102,020	85,025	70,811	40,960
Accumulated Depreciation and Depletion	33,927	25,086	18,586	13,895
Net Fixed Assets	68,093	59,939	52,225	27,065
Intangibles	23,474	5,814	129,991	149,553
Cost in Excess	110,740	118,240	—	—
Non Current Deferred Income Taxes	18,725	22,272	35,759	—
Other Non Current Assets	209,375	91,074	74,957	927
Total Non Current Assets	430,407	297,339	292,932	177,545
Total Assets	1,039,998	671,790	501,587	354,229
Liabilities
Current Liabilities
Accounts Payable	29,791	11,092	7,950	4,485
Notes Payable	—	—	—	609
Short Term Debt	—	—	—	—
Accrued Expenses	30,077	33,016	—	—
Accrued Liabilities	18,085	—	24,724	17,919
Deferred Revenues	53,817	36,559	25,313	15,372
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	—	—	—	—
Total Current Liabilities	131,770	80,667	57,987	38,385
Non Current Liabilities
Long Term Debt	—	—	—	—
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	—	—
Other Non Current Liabilities	19,554	1,418	1,009	912
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	151,324	82,085	58,996	39,297
Total Liabilities	19,554	1,418	1,009	912
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	888,674	589,705	442,591	314,932
Common Par	38	37	36	34
Additional Paid in Capital	694,597	537,943	465,021	430,362
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	193,509	51,020	-20,989	-114,936
Treasury Stock	—	—	—	-136
Other Equity Adjustments	530	705	-1,477	-392
Total Capitalization	888,674	589,705	442,591	314,932
Cash Flow	157,564	107,313	100,861	30,589
Working Capital	477,821	293,784	150,668	138,299
Free Cash Flow	181,680	81,791	40,733	7,876
Invested Capital	888,674	589,705	442,591	314,932
Total Equity	888,674	589,705	442,591	314,932
Total Liabilities and Stock Equity	1,039,998	671,790	501,587	354,229