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

September 30, December 31,

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

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