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AMN Healthcare Announces First Quarter 2009 Results
Date:5/7/2009

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  • Leverage ratio represents the ratio of the total debt outstanding at the end of the period to the Adjusted EBITDA for the past twelve months.

  •                              AMN Healthcare Services, Inc.
                             Condensed Consolidated Balance Sheets
                                       (in thousands)
                                        (unaudited)
    
    
                                                    March 31,     December 31,
                                                         2009          2008
                                                         ----          ----
        Assets
        Current assets:
          Cash and cash equivalents               $    16,675   $    11,316
          Accounts receivable, net                    148,376       182,562
          Prepaid expenses                             10,585         9,523
          Income taxes receivable                       4,448         3,440
          Deferred income taxes, net                   22,417        18,085
          Other current assets                          3,376         4,901
                                                        -----         -----
            Total current assets                      205,877       229,827
    
        Fixed assets, net                              24,938        24,018
        Deposits and other assets                      10,579        13,252
        Goodwill                                       79,868       252,875
        Intangible assets, net                        118,940       122,845
                                                      -------       -------
    
             Total assets                            $440,202      $642,817
                                                     ========      ========
    
        Liabilities and stockholders'
         equity
        Current liabilities:
          Bank overdraft                          $         -   $     3,995
          Accounts payable and accrued
           
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    SOURCE AMN Healthcare Services, Inc.
    Copyright©2009 PR Newswire.
    All rights reserved

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