TOTAL LIABILITIES 62,265,097 32,518,477
STOCKHOLDERS' EQUITY:
Preferred stock, par value $0.05; authorized
2,000,000 shares; none issued or outstanding - -
Common stock, par value $0.10; authorized
10,000,000 shares; 8,139,002 and 7,808,819
issued and outstanding 813,900 780,882
Treasury stock, at cost, 2,276,898 shares - (8,877,641)
Additional paid-in capital 64,775,360 30,198,671
Retained earnings 23,836,769 12,740,001
TOTAL STOCKHOLDERS' EQUITY 89,426,029 34,841,913
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $151,691,126 $67,360,390
ALMOST FAMILY, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)
Nine months ended September 30,
2008 2007
Cash flows from operating activities:
Net income $11,096,767 $5,533,478
Loss from discontinued operations (101,147) (210,995)
Income from continuing operations 11,197,914 5,744,473
Adjustments to reconcile income from
continuing operations to net cash
provided by operating activities:
Depreciation and amortization 1,151,895 625,700
Provision for uncollectible accounts 2,377,991 795,593
Stock-based compensation 527,462 332,868
Deferred income taxes (1,152,716) 833,316
14,102,546 8,331,950
Change in certain net current assets, net
of the effects of
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