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Providence Service Corporation Announces 187% Revenue Increase in First Quarter of 2008
Date:5/7/2008

151,206 141,958

Property and equipment, net 11,265 11,562

Notes receivable, less current portion 749 880

Goodwill 280,805 280,710

Intangible assets, net 95,836 98,254

Restricted cash, less current portion 5,031 6,461

Other assets 12,563 12,158

Total assets $557,455 $551,983

Liabilities and stockholders' equity

Current liabilities:

Current portion of long-term obligations $10,031 $8,950

Accounts payable 12,826 14,035

Accrued expenses 40,536 36,448

Accrued transportation costs 25,344 24,576

Deferred revenue 3,223 4,062

Reinsurance liability reserve 6,343 8,344

Total current liabilities 98,303 96,415

Long-term obligations, less current portion 233,225 236,469

Other long-term liabilities 4,221 190

Deferred tax liabilities 29,766 30,600

Total liabilities 365,515 363,674

Non-controlling interest 7,649 7,649

Commitments and contingencies

Stockholders' equity:

Common stock: Authorized 40,000,000 shares;

$0.001 par value; 12,776,933 and 12,756,392

issued and outstanding (including treasury

shares) 13 13

Additional paid-in capital 159,860 159,177

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SOURCE The Providence Service Corporation
Copyright©2008 PR Newswire.
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3. Providence Service Corporation Completes Private Placement of $70 Million of Convertible Senior Subordinated Notes
4. Providence Service Corporation Signs Definitive Agreement to Acquire LogistiCare, the Nations Leading Case Management Provider Coordinating Non-Emergency Transportation Services for the Medicaid Population
5. LogistiCare, a Subsidiary of Providence Service Corp., Opens Phoenix Call Center to Support Expanding Commercial Client Base
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8. Providence Service Corporation to Report Fourth Quarter 2007 Results on Wednesday, March 12th After the Market Closes
9. Providence Service Corporation and UnitedHealth Group Affiliate, OptumHealth Behavioral Solutions, Enter Into Strategic Relationship Agreement
10. Providence Service Corporation Announces Fourth Quarter 2007 Revenue and Earnings Above Forecast; Issues First Quarter 2008 Guidance
11. Providence Service Corporation Announces Intent to File a Common Stock Shelf Registration Statement
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