Revenue $396,239 $373,659 6.0%
Operating Expense 252,516 235,730 7.1%
Facility Operating Income $143,723 $137,929 4.2%
Facility Operating Margin 36.3% 36.9% -0.6%
# Locations 451 451
Avg. Occupancy 89.8% 91.3% -1.5%
Avg. Mo. Revenue/unit $3,763 $3,489 7.8%
Twelve months ended March 31,
2008(1) 2007 % Change
Revenue $1,551,678 $1,454,992 6.6%
Operating Expense 992,351 926,589 7.1%
Facility Operating Income $559,327 $528,403 5.9%
Facility Operating Margin 36.0% 36.3% -0.3%
# Locations 451 451
Avg. Occupancy 90.7% 91.4% -0.7%
Avg. Mo. Revenue/unit $3,646 $3,393 7.4%
(1) Includes $7.0 million of charges to facility operating expenses in the
quarter ended December 31, 2007, which relates to the Company's desire
to conform its policies across all of its platforms including $5.9
million of estimated uncollectible accounts and $1.1 million of
accounting conformity adjustments pertaining to inventory and certain
accrual policies.
Excluding the $7.0 million of charges relating to integration-related accounting items in the fourth quarter of 2007, the same store data is as follows:
Three months ended March 31,
2008 2007 % Change
Revenue $396,239 $373,659
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