Exhibit 10.2

INNOVEX, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

(In thousands)     Three Months Ended October 3, 2009 September 27, 2008   Net
sales $6,352 $20,796 Costs and expenses: Cost of sales 8,710 23,537 Selling,
general and administrative 1,493 2,316 Engineering 209 554 Asset impairment and
restructuring charges - 388 Net interest expense 2,082 852 Net FX (gain) loss
1,218

(339

)

Net other (income) expense 39  

(64

)

Income (loss) before income taxes

(7,399

)

(6,448

)

  Provision for income taxes 2   17   Net income (loss)

($7,401

)

($6,465

)

  Net income (loss) per share: Basic

($0.38

)

($0.33

)

Diluted

($0.38

)

($0.33

)

  Weighted average shares outstanding: Basic shares 19,443   19,411   Diluted
shares 19,443   19,411  

  Twelve Months Ended October 3, 2009     September 27, 2008     Net sales
$39,559 $71,039 Costs and expenses: Cost of sales 50,615 80,113 Selling, general
and administrative 6,779 9,136 Royalty expense to equity investee - 128
Engineering 1,462 2,472 Asset impairment and restructuring charges 1,312 3,827
Net (gain) loss on sale of assets -

(125

)

Net interest expense 4,979 3,054 Net FX (gain) loss 1,540 556 Net other (income)
expense 116  

(138

)

Income (loss) before income taxes

(27,244

)

(27,984

)

  Provision for income taxes 2   17   Net income (loss)

($27,246

)

($28,001

)

  Net income (loss) per share: Basic

($1.40

)

($1.44

)

Diluted

($1.40

)

($1.44

)

  Weighted average shares outstanding: Basic shares 19,440   19,409   Diluted
shares 19,440   19,409  

--------------------------------------------------------------------------------

INNOVEX, INC.

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(In thousands)

  October 3,   September 27, Assets 2009   2008   Cash and short-term
investments $918 $6,532 Accounts receivable, net 767 14,345 Inventory 2,286
9,999 Other current assets   1,465     1,876   Total current assets 5,436 32,752
Property, plant and equipment, net 29,246 34,438 Assets held for sale 0 1,927
Intangible & other assets, net   30     40   Total assets $34,712   $69,157    
  Liabilities and Stockholders' Equity (Deficit) Current maturities of long-term
debt $7,143 $3,538 Line of credit 34,942 32,665 Accounts payable 13,064 23,306
Other current liabilities   6,019     4,479   Total current liabilities 61,168
63,988 Long-term debt 14,459 18,970 Stockholders' equity (deficit)  

(40,915

)

 

(13,801

)

Total liabilities and stockholders' equity (deficit) $34,712   $69,157  

--------------------------------------------------------------------------------

INNOVEX, INC. CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) (In thousands)  
Twelve months ended October 3, 2009     September 27, 2008   Cash Flows From
Operating Activities: Net income (loss)

($27,246

)

($28,001

)

Adjustments to reconcile net income (loss) to net cash provided by operating
activities: Depreciation and amortization 7,559 7,729 Asset impairment charge
700 - Stock option expense 133 269 Other non-cash items 2

(71

)

Changes in operating assets and liabilities: Accounts receivable 13,578

(603

)

Inventories 7,713 1,056 Other current assets 411 584 Other long term assets 10
727 Accounts payable

(10,243

)

8,441 Other current liabilities 1,541   944   Net cash used in operating
activities

(5,842

)

(8,925

)

  Cash Flows From Investing Activities: Capital expenditures

(1,143

)

(3,267

)

Proceeds from sale of assets -   126   Net cash used in investing activities

(1,143

)

(3,141

)

  Cash Flows From Financing Activities: Payments on long-term debt

(1,168

)

(6,035

)

Issuance of long-term debt - 1,508 Effect of currency translation on long-term
debt 262 437 Net line of credit activity 2,277 12,231 Proceeds from exercise of
stock options -   3   Net cash provided by (used in) financing activities 1,371
  8,144   Increase (decrease) in cash and equivalents

(5,614

)

(3,922

)

Cash and equivalents at beginning of period 6,532   10,454   Cash and
equivalents at end of period $918   $6,532