Equity-based compensation
expense 4,711 5,085
Windfall tax benefits
associated with equity-based
compensation (2,087) (788)
Gain on sale of business, net (107,872) -
Equity in net earnings of
affiliate (20) -
Deferred income taxes 11,868 15,725
Changes in assets and
liabilities, net of acquired
businesses:
Accounts receivable (28,666) (39,837)
Prepaid expenses and other
current assets (2,204) (3,847)
Current liabilities 6,387 18,268
Other, net 836 1,677
Net cash provided by operating
activities 51,096 42,377
INVESTING ACTIVITIES:
Purchase of fixed assets (19,082) (19,534)
Proceeds from sale of business 81,760 -
Acquisition of businesses, net
of cash acquired (60,634) (3,820)
Purchases of short-term
investments available-for-sale (28,000) (58,850)
Maturities of short-term
investments available-for-sale 46,250 59,775
Net cash provided by (used in)
investing activities 20,294 (22,429)
FINANCING ACTIVITIES:
Proceeds from issuance of
common stock 9,721 7,010
Windfall tax benefits
associated with equity-based
compensation 2,087 788
Borrowings under revolving
credit facility 24,000 -
Home Health Care Affiliates
debt repayments (7,420) -
Debt issuance costs (557) -
Other debt repayments (73,000) (26,000)
Repayment of capital lease<
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