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

85

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

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