Navigation Links
Carriage Services Announces Third Quarter 2008 Results
Date:11/4/2008

PURCHASE PROGRAM

During June 2008 the Board of Directors approved the repurchase of up to an aggregate of $5 million of the Company's common stock. The repurchases were executed in the open market and through privately negotiated transactions. Through September 30, 2008, the Company repurchased 854,700 shares of common stock at an aggregate cost of $3,381,631 and an average cost per share of $3.93. During October 2008 Carriage completed its $5.0 million repurchase program by acquiring an additional 492,769 shares for a total of 1,347,469 shares of common stock and an average cost per share of $3.68.

OVERHEAD

Total overhead increased $0.3 million to $5.8 million as the Company experienced an increase in legal costs and termination costs in the quarter of $0.2 million each.

CASH FLOW

Carriage experienced negative free cash flow (defined as cash flow from continuing operations less maintenance capital expenditures) of $1.0 million during the third quarter of 2008 compared to negative free cash flow of $3.3 million during the same period in 2007. In addition to being seasonally the lowest quarter for deaths, the semiannual interest payments on the Senior debt of $5.1 million are payable in the third quarter. The elements of Cash Flow for the first nine months of 2008 consisted of the following (in millions):

Cash flow from continuing operations $12.1

Cash used for maintenance capital expenditures (4.6)

Free Cash Flow for first nine months of 2008 7.5

Cash and liquid investments at beginning of year 3.4

Cash flow from discontinued operations 0.2

Proceeds from sales of businesses 1.0

Cash used for growth capital expenditures - funeral homes (2.4)

Cash used for growth capital expenditures - cemeteries (2.6)

Financing activities, primarily share repurchases
'/>"/>

SOURCE Carriage Services, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related medicine news :

1. Carriage Services Updates Company & Investment Profile
2. Carriage Services Announces First Quarter Earnings Release and Conference Call Schedule
3. Women Veterinarians Face Higher Miscarriage Risk
4. Leicester medical team announces predictor for pregnant women who may have miscarriages
5. Carriage Services Reports 2007 Full Year Results
6. Carriage Services Announces Fourth Quarter and Year-End Earnings Release and Conference Call Schedule
7. Once Again, Caffeine Linked to Miscarriage
8. New Kaiser Permanente study fortifies caffeines link to miscarriage
9. Kaiser Permanente study shows link between caffeine and miscarriage
10. Prior Miscarriage Raises Risk for Low-Birthweight Infant
11. Miscarriage of Justice: A Statement by Judie Brown of the American Life League
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/18/2014)... Los Angeles, CA (September 18, 2014) Cardiovascular disease ... high cholesterol plays a major role in accelerating ... as a treatment to decrease cholesterol-carrying lipoproteins such ... especially harmful. A new study, out today in ... finds that rosuvastatin may be more effective ...
(Date:9/18/2014)... OR (PRWEB) September 18, 2014 Eye doctors ... hours can cause the all-important basal tear film in the ... recently reported in Salon.com* suggests that staring at a computer ... has been teaching her audience about computers, the tear film ... as an affirmation. , (*Gray, Sarah, “Staring at Screen ...
(Date:9/18/2014)... Sutter Health’s California Pacific Medical Center (CPMC) ... by naming the Ray Dolby Brain Health Center in ... a founding gift of $21 million in 2011 to ... patients and families suffering from Alzheimer’s, dementia or other ... at the center since its opening in 2012. ...
(Date:9/18/2014)... 18, 2014 Choosing the insulation for the ... a big deal to most homeowners, but Clean Crawls’ ... In their expert opinion, they explain why spray foam insulation ... care of their crawl space. , They highlight not ... but also its air tight seal and moisture protective abilities. ...
(Date:9/18/2014)... Baltimore, MD (PRWEB) September 18, 2014 A ... body shaping system has been approved by the United States ... yet available for widespread purchase in the US, landmark dermatology ... first and only practices on the east coast to use ... the only practice in the Baltimore area to offer patients ...
Breaking Medicine News(10 mins):Health News:New Study Confirms that Staring at a Computer Screen Alters Tear Film Content and Causes Dry Eye 2Health News:New Study Confirms that Staring at a Computer Screen Alters Tear Film Content and Causes Dry Eye 3Health News:Sutter Health’s CPMC announces Ray Dolby Brain Health Center 2Health News:Sutter Health’s CPMC announces Ray Dolby Brain Health Center 3Health News:Why Spray Foam Insulation is the Best Choice for Crawl Spaces Explained in Recent Article by Clean Crawls 2Health News:New FDA-Approved UltraShape Body Contouring Procedure Comes to Maryland Laser Skin and Vein 2
... Attributes proprietary database and technology for its 296 ... HTH Worldwide, a global health and,safety services company, ... for Greater Philadelphia, a ranking of the 50 ... in the,area by Deloitte LLP, one of the ...
... ANN ARBOR, Mich., Oct. 31 Terumo Heart ... System (LVAS) was,implanted in October at the University ... efforts toward an early application for approval,for manufacture ... the world,s first third generation left ventricular,assist system ...
... Oct. 31 Relaxation specialists,Lifehut.com, have released their ... "Finding Joy During Challenging Financial,Times.", Aimed at ... to allow people to enter an alpha state ... much going on in our economy, job layoffs ...
... its 5,000 Percent Revenue Growth from FY03-FY07 to Increased ... ... Accuray,Incorporated (Nasdaq: ARAY ), has been named to ... companies. This year,s Silicon Valley Technology Fast 50,program is co-presented ...
... Natural health news site,NaturalNews.com has teamed with ... omega-3 supplement to health-conscious consumers. Made,from green-lipped mussel ... of,New Zealand, Moxxor is a nutrient-rich marine omega-3 ... to enhance and support the,body,s healthy response to ...
... million (+30%y/y), EPS $0.23 (+44% y/y) - ... ... YORK, Oct. 31 HMS Holdings Corp. (Nasdaq:,HMSY) today announced its financial ... For the quarter ended September 30, 2008 revenue increased 30% to $49.0,million, ...
Cached Medicine News:Health News:HTH Worldwide Ranked Number 21 in Deloitte's Fast 50 Program for Greater Philadelphia 2Health News:HTH Worldwide Ranked Number 21 in Deloitte's Fast 50 Program for Greater Philadelphia 3Health News:Lifehut.com Aims to Relax the Financially Stressed 2Health News:Accuray Incorporated Ranked Fifth in Deloitte's Technology Fast 50 Program for Silicon Valley Scientific/Medical Equipment, and Biotechnology Companies 2Health News:Accuray Incorporated Ranked Fifth in Deloitte's Technology Fast 50 Program for Silicon Valley Scientific/Medical Equipment, and Biotechnology Companies 3Health News:Accuray Incorporated Ranked Fifth in Deloitte's Technology Fast 50 Program for Silicon Valley Scientific/Medical Equipment, and Biotechnology Companies 4Health News:NaturalNews Partners with Moxxor to Bring Marine Omega-3 Supplement to Health-Conscious Consumers 2Health News:HMS Holdings Corp. Announces Q3 2008 Results, 2008 Revised Guidance and Initial 2009 Guidance 2Health News:HMS Holdings Corp. Announces Q3 2008 Results, 2008 Revised Guidance and Initial 2009 Guidance 3Health News:HMS Holdings Corp. Announces Q3 2008 Results, 2008 Revised Guidance and Initial 2009 Guidance 4Health News:HMS Holdings Corp. Announces Q3 2008 Results, 2008 Revised Guidance and Initial 2009 Guidance 5Health News:HMS Holdings Corp. Announces Q3 2008 Results, 2008 Revised Guidance and Initial 2009 Guidance 6Health News:HMS Holdings Corp. Announces Q3 2008 Results, 2008 Revised Guidance and Initial 2009 Guidance 7Health News:HMS Holdings Corp. Announces Q3 2008 Results, 2008 Revised Guidance and Initial 2009 Guidance 8Health News:HMS Holdings Corp. Announces Q3 2008 Results, 2008 Revised Guidance and Initial 2009 Guidance 9Health News:HMS Holdings Corp. Announces Q3 2008 Results, 2008 Revised Guidance and Initial 2009 Guidance 10
(Date:9/18/2014)... 2014 Just days before the government of ... contain the spread of Ebola, World Vision will begin a ... thanks to private donations. McKesson, the largest healthcare ... through its affiliate McKesson Medical-Surgical donated four million pairs of ... Sierra Leone,s needs for the next ...
(Date:9/18/2014)... AMSTERDAM , September 18, 2014 ... in economic growth, and the situation is most likely to ... Atradius is observing an impact across all sectors in the ... a rise in inflation, limited access to external financing and ... could experience an increase in payment delays and ...
(Date:9/18/2014)... VIEW, Calif. and CHESTERBROOK, Pa. ... (Nasdaq: VVUS ) and Auxilium Pharmaceuticals, Inc. ... U.S. Food and Drug Administration (FDA) has approved a supplemental ... is now the only FDA-approved erectile dysfunction (ED) medication indicated ... sexual activity. STENDRA is a prescription medication in ...
Breaking Medicine Technology:World Vision, McKesson, Other Donors Prepare for Massive Shipment of Medical Supplies to Support Sierra Leone Health Workers 2World Vision, McKesson, Other Donors Prepare for Massive Shipment of Medical Supplies to Support Sierra Leone Health Workers 3World Vision, McKesson, Other Donors Prepare for Massive Shipment of Medical Supplies to Support Sierra Leone Health Workers 4Exporters to Russia Facing Increasing Payment Risk 2VIVUS And Auxilium Announce FDA Approval Of STENDRA sNDA; STENDRA Now First And Only Oral Erectile Dysfunction Treatment Approved To Be Taken Approximately 15 Minutes Before Sexual Activity 2VIVUS And Auxilium Announce FDA Approval Of STENDRA sNDA; STENDRA Now First And Only Oral Erectile Dysfunction Treatment Approved To Be Taken Approximately 15 Minutes Before Sexual Activity 3VIVUS And Auxilium Announce FDA Approval Of STENDRA sNDA; STENDRA Now First And Only Oral Erectile Dysfunction Treatment Approved To Be Taken Approximately 15 Minutes Before Sexual Activity 4VIVUS And Auxilium Announce FDA Approval Of STENDRA sNDA; STENDRA Now First And Only Oral Erectile Dysfunction Treatment Approved To Be Taken Approximately 15 Minutes Before Sexual Activity 5VIVUS And Auxilium Announce FDA Approval Of STENDRA sNDA; STENDRA Now First And Only Oral Erectile Dysfunction Treatment Approved To Be Taken Approximately 15 Minutes Before Sexual Activity 6VIVUS And Auxilium Announce FDA Approval Of STENDRA sNDA; STENDRA Now First And Only Oral Erectile Dysfunction Treatment Approved To Be Taken Approximately 15 Minutes Before Sexual Activity 7VIVUS And Auxilium Announce FDA Approval Of STENDRA sNDA; STENDRA Now First And Only Oral Erectile Dysfunction Treatment Approved To Be Taken Approximately 15 Minutes Before Sexual Activity 8VIVUS And Auxilium Announce FDA Approval Of STENDRA sNDA; STENDRA Now First And Only Oral Erectile Dysfunction Treatment Approved To Be Taken Approximately 15 Minutes Before Sexual Activity 9
... CHICAGO, Dec. 2 New research has found that the ... an emergency room can significantly increase the number of stroke ... study, conducted at North Shore Medical Center (NSMC)-Salem Hospital in ... of the Radiological Society of North America (RSNA). , ...
... an oral,presentation of preliminary results from a multi-center, US-based clinical,trial of TG101348 in myeloproliferative disease ... Details of the presentation are as follows:, Title: ... TG101348, an Orally Bioavailable, ... ...
Cached Medicine Technology:Portable CT Increases Chance of Stroke Survival and Recovery 2Portable CT Increases Chance of Stroke Survival and Recovery 3
Each handle is designed to fit a specific trephine size. For use in performing free-hand uniform donor buttons....
Each handle is designed to fit a specific trephine size....
Each handle is designed to fit a specific trephine size....
Each handle is designed to fit a specific trephine size....
Medicine Products: