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Birner Dental Management Services, Inc. Announces Net Income up 31% for the Quarter
Date:5/14/2009

roll and related expenses 1,714,550 2,300,634 Income taxes payable 371,569 756,650 Current maturities of long-term debt 920,000 920,000 Total current liabilities 6,020,228 7,038,845 LONG-TERM LIABILITIES: Deferred tax liability, net 618,913 619,778 Long-term debt, net of current maturities 5,988,202 4,580,000 Other long-term obligations 259,678 242,745 Total liabilities 12,887,021 12,481,368 SHAREHOLDERS' EQUITY: Preferred Stock, no par value, 10,000,000 shares authorized; none outstanding - - Common Stock, no par value, 20,000,000 shares authorized; 1,863,587 and 1,857,481 shares issued and outstanding, respectively - - Treasury Stock purchased in excess of Common Stock basis (266,786) (171,671) Retained earnings 6,817,449 7,178,704 Accumulated other comprehensive loss (43,091) (38,786) Total shareholders' equity 6,507,572 6,968,247 Total liabilities and shareholders' equity $19,394,593 $19,449,615 ** Derived from the Company's audited consolidated balance sheet at December 31, 2008.

Reconciliation of Total Dental Group Practice Revenue and Adjusted EBITDA

Total dental group practice revenue is the revenue generated at the Company's offices from professional services provided to its patients. Amounts retained by dental offices represents compensat
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SOURCE Birner Dental Management Services, Inc.
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