HealthSouth Reports Strong Results for Third Quarter 2009 and Increases 200...(pplies 27.7 ...),Health

Date:11/3/2009

pplies 27.7 26.2 83.9 81.1 Depreciation and amortization 18.1 17.9 53.4 65.3 Impairment of long-lived assets 4.0 - 4.0 0.6 Occupancy costs 11.8 12.6 35.9 36.8 Provision for doubtful accounts 7.9 6.6 25.5 20.5 Loss on disposal of assets 0.7 0.2 3.0 0.6 Government, class action, and related settlements expense 8.5 17.1 41.3 (27.9) Professional fees-accounting, tax, and legal 3.5 4.0 5.0 12.9 --- --- --- ---- Total operating expenses 410.4 415.0 1,239.2 1,170.5 Loss (gain) on early extinguishment of debt - 2.1 (3.1) 5.8 Interest expense and amortization of debt discounts and fees 29.5 40.3 95.0 131.1 Other income (0.6) (0.4) (1.4) (2.1) Loss on interest rate swaps 7.9 8.0 16.7 16.1 Equity in net income of nonconsolidated affiliates (3.0) (2.7) (2.8) (7.8) ---- ---- ---- ---- Income (loss) from continuing operations before income tax benefit 28.5 (6.8) 87.9 62.7 Provision for income tax benefit (1.7) (22.5) (0.8) (21.7) ---- ----- ---- ----- Income from continuing operations 30.2 15.7 88.7 84.4 (Loss) income from discontinued operations, net of tax (5.4) (2.9) (6.8) 7.2 ---- ---- ---- --- Net in
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SOURCE HealthSouth Corporation Copyright©2009 PR Newswire. All rights reserved

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