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Lincare Holdings Inc. Announces First Quarter 2009 Financial Results
Date:4/20/2009

-------- -------- Costs and expenses: Costs of goods and services 102,580 97,587 Operating expenses 97,097 96,278 Selling, general and administrative expenses 85,554 82,195 Bad debt expense 5,575 6,231 Depreciation and amortization expense 29,054 29,564 Operating income 51,814 103,565 Interest expense, net 8,223 8,650 ----- ----- Income before income taxes 43,591 94,915 Income taxes 17,607 36,673 ------ ------ Net income $25,984 $58,242 ======= ======= Basic earnings per common share $0.36 $0.80 ===== ===== Diluted earnings per common share $0.36 $0.76 ===== ===== Weighted average number of common shares outstanding 72,074,385 72,860,036 ========== ========== Weighted average number of common shares and common share equivalents outstanding 72,315,955 78,304,126 ========== ========== LINCARE HOLDINGS INC. Selected Balance Sheet Data (Unaudited) (In thousands) March 31, December 31,
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