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MedCath Corporation Reports First Quarter Earnings
Date:2/3/2010

O NON-GAAP FINANCIAL MEASURES (Unaudited) The following table reconciles the loss from continuing operations, net of taxes attributable to MedCath Corporation's common stockholders as derived directly from MedCath Corporation's consolidated financial statements to Adjusted EBITDA for the three months ended December 31, 2009 and 2008. Three Months Ended December 31, ------------------------------ 2009 2008 ---- ---- (in thousands) Loss from continuing operations, net of taxes $(2,511) $(1,915) Add: Income tax benefit (1,539) (1,108) Net income attributable to noncontrolling interest 984 2,363 Equity in net earnings of unconsolidated affiliates (1,516) (2,065) Interest and other income (74) (101) Loss on early extinguishment of debt - 6,961 Interest expense 1,813 2,857 Loss on disposal of property, equipment and other assets 137 73 Amortization 8 30 Depreciation 9,035 7,801 Pre-opening expenses 866 207 Share-based compensation expens
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