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Dialysis Corporation of America Reports Second Quarter 2008 Results
Date:8/6/2008

129,409

20,836,239 18,485,188 41,321,327 35,375,715

Operating costs and expenses:

Cost of sales revenues:

Cost of medical

services 12,661,921 10,894,244 25,019,706 21,296,708

Cost of product sales 173,746 182,244 334,481 325,705

Total cost of sales

revenues 12,835,667 11,076,488 25,354,187 21,622,413

Selling, general and

administrative expenses:

Corporate 2,449,491 1,893,397 4,838,035 3,541,920

Facility 2,996,083 2,862,590 6,078,242 5,592,913

Total 5,445,574 4,755,987 10,916,277 9,134,833

Stock compensation expense 81,884 87,505 156,485 201,475

Depreciation and

amortization 678,831 655,226 1,341,403 1,290,962

Provision for doubtful

accounts 649,113 353,083 1,079,143 709,180

19,691,069 16,928,289 38,847,495 32,958,863

Operating income 1,145,170 1,556,899 2,473,832 2,416,852

Other income (expense), net 12,857 (27,981) (29,210) (37,208)

Income before income taxes

and minority interest 1,158,027 1,528,918 2,444,622 2,379,644

Income tax provision 305,170 520,649 684,908 866,421

Income before minority

interest 852,857 1,008,269 1,759,714 1,513,223

Minority interest in income

of consolidated

subsidiaries (190,198) (255,142) (648,143) (376,876)

Net income $662,659 $753,127 $1,111,571 $1,136,347

Earnings per share:

Basic $.07 $.08 $.12 $.12

Diluted $.07
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SOURCE Dialysis Corporation of America
Copyright©2008 PR Newswire.
All rights reserved

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