Anaren Inc. (ANEN) filed Quarterly Report for the period ended 2009-12-31.

Anaren Inc. has a market cap of $200.9 million; its shares were traded at around $13.45 with and P/S ratio of 1.2. Anaren Inc. had an annual average earning growth of 18.6% over the past 5 years.ANEN is in the portfolios of Chuck Royce of ROYCE & ASSOCIATES.

Highlight of Business Operations:

December 31, 2009
-
Gross Gross
Amortized unrealized unrealized Fair
(amounts in thousands) Cost gains losses value
- - - -

Securities available-for-sale:
Auction rate securities $ 1,440 $ - $ (390) $ 1,050





June 30, 2009
-
Gross Gross
Amortized unrealized unrealized Fair
(amounts in thousands) Cost gains losses value
- - - -

Securities available-for-sale:
Auction rate securities $ 1,440 $ - $ (390) $ 1,050





December 31, 2009 June 30, 2009
- -
Fair Fair
Amortized market Amortized market
(amounts in thousands) cost value cost value
- - - -

Within one year $ 2,034 $ 2,087 $11,810 $12,075
One year to five years 1,030 1,065 2,079 2,124
- - - -
Total $ 3,064 $ 3,152 $13,889 $14,199
= = = =





December 31, 2009 June 30, 2009
- -
Fair Fair
market market
(amounts in thousands) Cost value Cost value
- - - -

One year to five years $ 1,440 $ 1,050 $ 1,440 $ 1,050





Significant other Significant
Total Carrying Quoted prices in observable unobservable
Value at active markets inputs inputs
December 31, 2009 (Level 1) (Level 2) (Level 3)
- - - -

Available for sale
securities $ 1,050 $ - $ - $ 1,050





December 31, 2009 June 30, 2009
(amounts in thousands) Gross Net Gross Net
Carrying Carrying Carrying Carrying
Amount Amount Amount Amount
- - - -

Amortizable intangible assets:
Customer relationships $ 7,530 $ 6,476 $ 7,530 $ 6,852
Developed technology 780 559 780 637
Non-competition agreements 1,130 733 1,130 875
- - - -



Read the The complete Report

What Worked in the Stock Market for Long-Term Investors?

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Part I: What worked in the market from 1998-2008? Part I: Predictability Rank
Part II: Role of Valuations
Part III: Intrinsic Value, Discounted Cash Flow and Margin of Safety

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