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Income before income taxes 20,592 15,433 33,809 27,467
Income tax expense 8,568 6,481 14,062 11,676
Net income $12,024 $8,952 $19,747 $15,791
Earnings per Share
Net income:
Basic $0.42 $0.32 $0.70 $0.57
Diluted $0.41 $0.31 $0.68 $0.56
Average shares outstanding:
Basic 28,497 27,703 28,389 27,616
Diluted 29,240 28,540 29,147 28,447
Condensed Balance Sheets
ASSETS Jun 29, 2008 Dec 30, 2007
Cash, cash equivalents and
restricted cash (A) $22,079 $36,181
Short-term investments (B) - 31,250
Accounts receivable, net (C) 233,478 207,801
Deferred tax assets 11,306 18,859
Prepaid expenses and other current
assets 14,455 14,415
Total current assets 281,318 308,506
Long-term investments (B) 12,641 -
Fixed assets, net 66,181 59,562
Intangible assets, net 240,158 211,602
Goodwill 316,069 276,100
Other assets 26,008 26,463
Total assets $942,375 $882,233
LIABILITIES AND SHAREHOLDERS' EQUITY
Current portion of long-term debt $ - $2,304
Accounts payable
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| SOURCE Gentiva Health Services, Inc. Copyright©2008 PR Newswire. All rights reserved |