Net (decrease) increase in cash and
cash equivalents (7,705) 1,138 3,884
Cash and cash equivalents at
beginning of year 8,410 7,272 3,388
Cash and cash equivalents at end of
year $705 $8,410 $7,272
NATIONAL MEDICAL HEALTH CARD SYSTEMS, INC. AND SUBSIDIARIES
EBITDA RECONCILIATION
$ IN THOUSANDS
Quarters Ended June 30,
2007 2006
Net cash (used in) provided by
operating activities $(2,482) $369
(Benefit) provision for income taxes (1,141) 1,238
Interest income, net (502) (342)
Net change in assets and liabilities 4,019 3,883
Non-cash items to reconcile net
cash from operations to net income (2,131) (295)
EBITDA $(2,237) $4,853
Stock-based compensation expense 767 1,327
EBITDA before stock-based compensation
expense $(1,470) $6,180
NATIONAL MEDICAL HEALTH CARD SYSTEMS, INC. AND SUBSIDIARIES
EBITDA RECONCILIATION
$ IN THOUSANDS
Years Ended June 30,
2007 2006
Net cash provided by operating
activities $3,172 $7,658
Provision for income taxes 1,198 7,015
Interest income, net (1,396) (1,149)
Net change in
'/>"/>
| SOURCE National Medical Health Card Systems, Inc. Copyright©2007 PR Newswire. All rights reserved |