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Almost Family Reports Third Quarter 2008 Results
Date:11/5/2008

>Gross margin 31,576,339 16,315,370

General and administrative expenses:

Salaries and benefits 16,400,590 8,864,823

Other 7,367,422 4,079,996

Total general and administrative expenses 23,768,012 12,944,819

Operating income 7,808,327 3,370,551

Interest expense, net (355,077) (153,480)

Income from continuing operations before

income taxes 7,453,251 3,217,071

Income tax expense (2,729,479) (1,261,360)

Net income from continuing operations 4,723,772 1,955,711

Discontinued operations, net of tax of

$12,759 and $10,810 (19,015) (69,647)

Net income $4,704,756 $1,886,064

Per share amounts-basic:

Average shares outstanding 8,137,326 5,434,954

Income from continued operations $0.58 $0.36

Loss from discontinued operations - (0.01)

Net income $0.58 $0.35

Per share amounts-diluted:

Average shares outstanding 8,357,332 5,614,342

Income from continued operations $0.57 $0.35

Loss from discontinued operations (0.01) (0.01)

Net income $0.56 $0.34

ALMOST FAMILY, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

(UNAUDITED)

Nine months ended September 30,

2008
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SOURCE Almost Family, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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