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Gentiva Reports First Quarter 2009 Results
Date:4/30/2009

st expense, net (2,391) (5,426) ------ ------ Income before income taxes 26,194 13,217 Income tax expense (6) (8,450) (5,494) ------ ------ Income before equity in net earnings of affiliate 17,744 7,723 Equity in net earnings of affiliate 278 - ------- ------ Net income - As Reported $18,022 $7,723 ======= ====== Notes: (1) The Company's senior management evaluates performance and allocates resources based on operating contributions of the operating segments, which exclude corporate expenses, depreciation, amortization, and interest expense (net), but include revenues and all other costs directly attributable to the specific segment. (2) EBITDA, a non-GAAP financial measure, is defined as income before interest expense (net of interest income), income taxes, depreciation and amortization. Management uses EBITDA to evaluate overall performance and compare current operating results with other companies in the healthcare industry. EBITDA should not be considered in isolation or as a substitute for net income, operating income or cash flow statement data determined in accordance with accounting principles generally accepted in the United States. Because EBITDA is not a measure of financial performance under accounting principles generally accepted in the United States and is susceptible to varying calculations, it may not be comparable to similarly titled measures in other companies. (3) Operating co
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SOURCE Gentiva Health Services, Inc.
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