LCA-Vision Reports Second Quarter Financi...(Basic $(0.37) ...),Health

Date:7/28/2009

Basic $(0.37) $ (0.03) $(0.52) $0.34 Diluted $(0.37) $ (0.03) $(0.52) $0.34 Dividends declared per share $ - $ 0.06 $- $0.24 Weighted average shares outstanding Basic 18,590 18,525 18,576 18,510 Diluted 18,590 18,525 18,576 18,570 LCA-Vision Inc. Condensed Consolidated Balance Sheets (Dollars in thousands) (Unaudited) Assets June 30, 2009 December 31, 2008 Current assets Cash and cash equivalents $ 31,267 $ 23,648 Short-term investments 32,744 32,687 Patient receivables, net of allowance for doubtful accounts of $1,397 and $1,465 7,295 9,678 Other accounts receivable 2,102 2,515 Prepaid professional fees 705 911 Prepaid income taxes 5,863 8,957 Deferred tax assets 3,177 4,708 Deferred compensation plan assets 2,427 - Prepaid expenses and other 5,475 5,299 Total current assets 91,055 88,403 Property and equipment 92,990 121,734 Accumulated depreciation and amortization (55,851) (70,235) Property and equipment, net 37,139 51,499 Long-term investments 3,108 3,126 Accounts receivables, net of allowance for doubtful accounts of $1,107 and $1,662 1,677
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SOURCE LCA-Vision Inc. Copyright©2009 PR Newswire. All rights reserved

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