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IPC The Hospitalist Company Reports Second Quarter 2009 Results
Date:8/6/2009

Basic N/A N/A N/A 14,435,184 === === === ========== Diluted N/A N/A N/A 14,661,434 === === === ========== IPC The Hospitalist Company, Inc. Consolidated Statements of Cash Flows (dollars in thousands) (unaudited) Six Months Ended June 30, ---------------- 2009 2008 ---- ---- Operating activities Net income $8,642 $5,776 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 1,163 944 Stock-based compensation expense 954 334 Changes in assets and liabilities: Accounts receivable (1,558) (702) Prepaid expenses and other current assets 2,375 5,645 Accounts payable (143) (1,277) Accrued compensation 5,583 4,739 Medical malpractice and self- insurance reserves 317 1,378 --- ----- Net cash provided by operating activities 17,333 16,837 ------ ------ Investi
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