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HMS Holdings Corp. Announces Q4 and Full Year 2007 Results

- - 0.01

Net income per diluted share $0.15 $0.07 $0.57 $0.22

Weighted average common shares,

diluted 26,646 25,470 26,249 23,859


Consolidated Balance Sheets

(In Thousands, Except Share and Per Share Amounts)


December 31, December 31,

2007 2006


Current Assets:

Cash and cash equivalents $21,275 $12,527

Accounts receivable, net allowance

of $662 and $512 at December 31, 2007

and 2006, respectively 39,704 30,930

Prepaid expenses and other current

assets, including deferred tax

assets of $657 and $3,353 at December

31, 2007 and 2006 respectively 3,970 5,352

Total current assets 64,949 48,809

Property and equipment, net 16,496 12,160

Goodwill, net 80,242 65,242

Deferred income taxes, net 3,111 3,860

Intangible assets, net 22,495 26,204

Other assets 807 968

Total assets $188,100 $157,243

Liabilities and Shareholders' Equity

Current Liabilities:

Accounts payable, accrued expenses

and other liabilities $21,535 $14,285

Amounts due to Public Consulting Group, Inc. 4 1,385

Current portion of long term-debt

SOURCE HMS Holdings Corp.
Copyright©2008 PR Newswire.
All rights reserved

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