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MedCath Corporation Reports Second Quarter Earnings and Provides Update to Internal Assessment
Date:5/21/2009

2) - Interest and other income, net 73 485 173 1,646 Equity in net earnings of unconsolidated affiliates 2,714 2,181 4,779 4,206 Total other income (expense), net 1,708 (1,198) (5,944) (1,944) Income from continuing operations before minority interest and income taxes 13,429 13,227 13,680 22,003 Minority interest share of earnings of consolidated subsidiaries (4,639) (4,642) (7,415) (8,779) Income from continuing operations before income taxes 8,790 8,585 6,265 13,224 Income tax expense 3,372 3,099 2,463 5,448 Income from continuing operations 5,418 5,486 3,802 7,776 Income from discontinued operations, net of taxes 164 199 4,026 973 Net income $5,582 $5,685 $7,828 $8,749 Earnings per share, basic Continuing operations $0.28 $0.28 $0.19 $0.38 Discontinued operations 0.01 0.01 0.21 0.05 Earnings per share, basic $0.28 $0.29 $0.40 $0.43 Earnings per share, diluted Continuing operations $0.28 $0.28 $0.19 $0.37 Discontinued operations 0.01 0.01 0.21 0.05 Earnings per share, diluted $0.28 $0.29 $0.40 $0.42 Weighted average number of shares, basic 19,664 19,841 19,631 20,438 Dilutive effect of stock options and restricted stock 26 121 - 202 Weighted average number of shares, diluted 19,6
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