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LCA-Vision Announces Fourth Quarter and Full Year 2008 Financial Results
Date:2/10/2009

5,076 Total current assets 88,403 95,590 Property and equipment 121,734 106,788 Accumulated depreciation and amortization (70,235) (52,872) Property and equipment, net 51,499 53,916 Long-term investments 3,126 2,250 Accounts receivables, net of allowance for 2,645 4,556 doubtful accounts of $1,662 and $2,130 Deferred compensation plan assets 2,196 5,540 Investment in unconsolidated businesses 377 590 Deferred tax assets 7,027 13,561 Other assets 2,209 3,644 Total assets $157,482 $179,647 Liabilities and Stockholders' Investment Current liabilities Accounts payable $8,169 $10,396 Accrued liabilities and other 8,608 13,861 Deferred revenue 9,107 18,719 Debt obligations maturing in one year 6,985 3,941 Total current liabilities 32,869 46,917 Long-term rent obligations 1,820 - Long-term debt obligations (less current portion) 14,120 2,012 Deferred compensation liability 2,196 5,516 Insurance reserve 9,489 8,493 Deferred revenue 14,003 23,110 Stockholders' Investment Common stock ($.001 par value; 25,199,734 and 25,114,244 shares and 18,552,985 and 18,482,658 shares issued and outstanding, respectively)
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SOURCE LCA-Vision Inc.
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