CORPORATE EXPENSES:
General and
administrative 1,004,245(2) 924,326(2) 4,174,889(3) 4,119,052(3)
Depreciation and
amortization 32,319 25,383 131,356 110,270
Operating income 836,731 745,342 4,146,594 4,454,229
Interest expense,
net 107,873 78,989 226,835 365,140
Income from
continuing
operations
before income
taxes 728,858 666,353 3,919,759 4,089,089
Income tax expense 364,179 258,806 1,596,785 1,651,792
Net income $364,679 $407,547 $2,322,974 $2,437,297
Net income per
share of
Common Stock -
Basic $0.16 $0.20 $1.02 $1.16
Net income per
share of
Common Stock -
Diluted $0.15 $0.19 $0.94 $1.08
Cash dividends
per share of
Common Stock $0.13 $0.15 $0.52 $0.60
Weighted average
number of shares
of Common Stock
and dilutive
securities:
Basic 2,221,594 2,046,283 2,279,859 2,092,448
Diluted 2,402,407 2,194,530 2,469,540 2,258,108
(1) Total dental group practice revenue less amounts retained by group
practices. Total dental group practice revenue was $13,828,553 for the
quarter ended December 31, 2007 compared to $13,712,111 for the
quarter ended December 31, 2006 and was $59,390,457 for the year ended
December 31, 2007 compared to $57,141,226 for the year ended December
31, 2006.
(2) Corporate expenses -- general and administrative includes $81,030 of
equity compensation for a stock award and $112,588 of stock-based
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