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Almost Family Reports Fourth Quarter and Full Year 2008 Results
Date:3/4/2009

$212,600,271 $132,130,056 Cost of service revenue 98,959,401 63,874,381 ---------- ---------- Gross margin 113,640,870 68,255,675 ----------- ---------- General and administrative expenses: Salaries and benefits 58,182,889 35,945,657 Other 27,251,997 18,380,418 ---------- ---------- Total general and administrative expenses 85,434,886 54,326,075 ---------- ---------- Operating income 28,205,984 13,929,600 Interest expense, net (1,147,417) (836,911) ---------- -------- Income from continuing operations before income taxes 27,058,567 13,092,689 Income tax expense (10,654,393) (5,272,149) ----------- ---------- Net income from continuing operations 16,404,174 7,820,540 Discontinued operations, net of tax benefit of $69,577 and $138,148 (111,291) (216,981) -------- -------- Net income $16,292,883 $7,603,559 =========== ========== Per share amounts-basic: Average shares outstanding 7,368,968 5,435,615 Income from continued operations $2.23
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SOURCE Almost Family, Inc.
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