2008 2007
ASSETS (UNAUDITED)
CURRENT ASSETS:
Cash and cash equivalents $735,371 $473,222
Accounts receivable - net 32,488,500 16,965,316
Prepaid expenses and other current assets 2,911,001 1,203,454
Deferred tax assets 3,917,156 1,829,895
TOTAL CURRENT ASSETS 40,052,028 20,471,887
PROPERTY AND EQUIPMENT - NET 3,639,214 1,458,844
GOODWILL 95,669,941 42,667,244
OTHER INTANGIBLE ASSETS 10,020,329 2,488,056
DEFERRED TAX ASSETS 1,799,211 -
OTHER ASSETS 510,403 274,359
TOTAL ASSETS $151,691,126 $67,360,390
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $4,191,074 $3,943,555
Accrued other liabilities 21,439,092 10,369,346
Current portion - capital leases and
notes payable 5,342,563 653,891
TOTAL CURRENT LIABILITIES 30,972,729 14,966,792
LONG-TERM LIABILITIES:
Revolving credit facility 26,484,594 12,386,783
Capital Lease Obligations 286,406 -
Notes payable 3,000,000 4,000,000
Long-term deferred tax liabilities - 776,672
Other liabilities 1,521,368 388,230
TOTAL LONG-TERM LIABILITIES 31,292,368 17,551,6
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