I-Flow Corporation Adjusts First Quarter Income Tax Provision
Published: May 12, 2009
LAKE FOREST, Calif.--(BUSINESS WIRE)--I-FLOW CORPORATION (NASDAQ:IFLO) announced today certain adjustments to tax-related items for the three months ended March 31, 2009. The effects of the adjustments include an increase in net income for the period of $244,000 and a decrease in provision for income taxes of $244,000, compared to the amounts previously reported in the Company's earnings announcement on May 5, 2009. The condensed consolidated income statement and balance sheet in the Company's Form 10-Q filed on May 11, 2009 incorporate these adjustments.