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Lincare Holdings Inc. Announces Fourth Quarter and Year Ended 2007 Financial Results
Date:2/11/2008

$0.73 $0.62

Diluted earnings per common share $0.70 $0.59

Weighted average number of common

shares outstanding 78,500,270 92,268,701

Weighted average number of common

shares and common share equivalents

outstanding 84,293,285 98,780,582

For the twelve months ended

December 31, December 31,

2007 2006

Net revenues $1,595,990 $1,409,795

Costs and expenses:

Costs of goods and services 389,884 316,103

Operating expenses 365,016 331,897

Selling, general and administrative

expenses 317,722 291,623

Bad debt expense 23,940 21,147

Depreciation expense 116,020 100,499

Amortization expense 260 1,467

Operating income 383,148 347,059

Interest expense, net 22,480 7,216

Income before income taxes 360,668 339,843

Income taxes 134,591 126,862

Net income $226,077 $212,981

Basic earnings per common share $2.71 $2.26

Diluted earnings per common share $2.58 $2.16

Weighted average number of common

shares outstanding 83,386,979 94,209,297

Weighted average number of common


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SOURCE Lincare Holdings Inc.
Copyright©2008 PR Newswire.
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