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LCA-Vision Reports Second Quarter Financial Results
Date:7/28/2009

nd other 8,165 (1,796) Net cash provided by operations $12,522 $5,757 Cash flow from investing activities Purchases of property and equipment (178) (12,590) Purchases of investment securities (153,617) (171,849) Proceeds from sale of investment securities 153,900 170,910 Other, net 263 787 Net cash provided by (used in) investing activities $ 368 $(12,742) Cash flow from financing activities Principal payments of debt and capital lease obligations and loan (5,237) (2,367) Proceeds from debt - 19,184 Shares repurchased for treasury stock (36) (205) Exercise of stock options 2 147 Dividends paid to stockholders - (4,447) Net cash (used in) provided by financing activities (5,271) 12,312 Increase in cash and cash equivalents 7,619 5,327 Cash and cash equivalents at beginning of period 23,648 17,614 Cash and cash equivalents at end of period $31,267 $22,941

LCA-VISION INC.

EFFECT OF THE CHANGE IN OUR ACCOUNTING FOR DEFERRED REVENUES

ON FINANCIAL RESULTS

(dollars in thousands)

To supplement its condensed consolidated financial statements presented in accordance with accounting principles generally accepted in the United States, LCA-Vision discusses adjusted revenues and operating income. Management utilizes this information as a mea
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SOURCE LCA-Vision Inc.
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