has completed its restructuring. In addition, the
Company is allowed to add other income, including interest income, to the
calculation of Adjusted Consolidated EBITDA under its Credit Agreement.
This includes interest income associated with the Company's federal income
tax recoveries. This amount has not been included in the above calculation
as it would not be indicative of the Company's Adjusted Consolidated EBITDA
for future periods.
HealthSouth Corporation and Subsidiaries
Supplemental Non-GAAP Disclosures
Reconciliation of Net Income to Adjusted Income (Loss) from Continuing
Operations and Adjusted Consolidated EBITDA (1)(4)
Nine Months Ended September 30,
2008 Per Share(2) 2007 Per Share(2)
(In Millions, Except per Share Data)
Net income $70.5 $0.86 $699.2 $8.90
Income from discontinued
operations (8.6) (0.11) (473.7) (6.03)
Income from continuing
operations 61.9 0.76 225.5 2.87
Government, class action,
and related settlements (27.9) (0.34) (34.0) (0.43)
Professional fees -
accounting, tax, and legal 12.9 0.16 44.3 0.56
Loss on interest rate swap 16.1 0.20 6.8 0.09
Accelerated depreciation of
corporate campus (3) 10.0 0.12 - -
Gain on sale of investment
in Source Medical - - (8.6) (0.11)
Provision for income
tax benefit (21.7) (0.27) (288.2) (3.67)
Estimated state tax expense (3.9) (0.05) (3.9) (0.05)
Adjusted income (loss) from
continuing operations (1)(4) 47
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SOURCE HealthSouth Corporation Copyright©2008 PR Newswire. All rights reserved | |
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Related medicine news :1.
HealthSouth Declares Dividend on 6.5% Series A Convertible Perpetual Preferred Stock2.
HealthSouth Corporation Appoints New Member to Board of Directors3.
HealthSouth Announces Date of Third Quarter Earnings Conference Call4.
HealthSouth and Physicians Pay $14.9 Million to Settle Health Care Fraud Claims5.
HealthSouth Announces Final Agreement on Previously Disclosed Settlement with Federal Government6.
HealthSouth Issues Statement on Medicare Bill and 75% Rule7.
HealthSouth Declares Dividend on 6.5% Series A Convertible Perpetual Preferred Stock8.
HealthSouth Reports Results for Fourth Quarter Ended December 31, 20079.
HealthSouth to Present at the Lehman Brothers Eleventh Annual Global Healthcare Conference and the 2008 Credit Suisse Global Leveraged Finance Conference10.
HealthSouth Finalizes Sale of Corporate Campus to Daniel Corporation11.
HealthSouth Announces Date of 2008 First Quarter Earnings Conference Call