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SXC Health solutions announces Strong fourth quarter and year end financial results
Date:3/4/2010

651 734 589 719 ------------- ------------- ------------- ------------- Income before income taxes 22,336 6,690 68,085 20,304 Income tax expense (benefit): Current 6,467 (469) 22,285 4,866 Deferred 676 2,209 (261) 325 ------------- ------------- ------------- ------------- 7,143 1,740 22,024 5,191 ------------- ------------- ------------- ------------- Net income $ 15,193 $ 4,950 $ 46,061 $ 15,113 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Earnings per share: Basic $ 0.51 $ 0.21 $ 1.77 $ 0.66 Diluted $ 0.49 $ 0.20 $ 1.72 $ 0.65 Weighted average number of shares used in computing earnings per share: Basic 30,018,830 24,055,909 26,004,204 22,978,466 Diluted 31,165,324 24,603,214 26,797,373 23,413,011 SXC HEALTH SOLUTIONS CORP. Consolidated Statements of Cash Flows (in thousands) Three months ended Years ended December 31, December 31, 2009 2008 2009 2008 ------------- ------------- ------------- ------------- Cash flows from operating activities: Net income $ 15,193 $ 4,950 $ 46,061 $ 15,113 Items not involving cash: Stock-based compensation 1,
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SOURCE SXC Health Solutions Corp.
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