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IPC The Hospitalist Company Reports Record First Quarter 2009 Results
Date:5/4/2009

onsolidated Balance Sheets (in thousands, except for share data) March 31, 2009 December (unaudited) 31, 2008 Assets Current assets: Cash and cash equivalents $42,379 $37,394 Accounts receivable, net 46,035 44,474 Prepaid expenses and other current assets 5,117 8,081 ----- ----- Total current assets 93,531 89,949 Furniture and equipment, net 2,412 2,452 Goodwill 70,752 63,893 Other intangible assets, net 2,758 2,905 Deferred tax assets, net 3,492 3,492 ----- ----- Total assets $172,945 $162,691 ======== ======== Liabilities and Stockholders' Equity Current liabilities: Accounts payable and accrued liabilities $5,179 $4,664 Accrued compensation 14,317 11,232 Payables for practice acquisitions 4,616 2,476 Medical malpractice and self- insurance reserves, current portion 351 539 Deferred tax liabilities 481 481 Short-term debt and current portion of cap
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SOURCE IPC The Hospitalist Company, Inc.
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