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Lincare Holdings Inc. Announces First Quarter 2008 Financial Results
Date:4/21/2008

rtization expense 55 67

Operating income 103,565 90,429

Interest expense, net 4,824 4,376

Income before income taxes 98,741 86,053

Income taxes 38,081 32,158

Net income $60,660 $53,895

Basic earnings per common share $0.83 $0.62

Diluted earnings per common share $0.79 $0.59

Weighted average number of common

shares outstanding 72,860,036 86,400,977

Weighted average number of common

shares and common share equivalents

outstanding 78,304,126 93,179,867

LINCARE HOLDINGS INC.

Selected Balance Sheet Data

(Unaudited)

(In thousands)

March 31, December 31,

2008 2007

Cash and Investments $202,271 $149,957

Accounts Receivable, Net 212,887 198,918

Current Assets 328,722 366,211

Total Assets 1,990,880 1,928,364

Current Liabilities 459,575 438,474

Total Debt 828,171 838,207

Stockholders' Equity 763,892 733,788


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SOURCE Lincare Holdings Inc.
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