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SXC Health solutions announces record third quarter financial results
Date:11/5/2009

6,813 1,276 14,881 3,451 Net income $ 11,209 $ 3,539 $ 30,868 $ 10,163 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Earnings per share: Basic $ 0.45 $ 0.15 $ 1.25 $ 0.45 Diluted $ 0.43 $ 0.15 $ 1.22 $ 0.44 Weighted average number of shares used in computing earnings per share: Basic 25,111,763 23,891,438 24,651,293 22,616,694 Diluted 26,109,202 24,346,740 25,318,349 23,034,651 SXC HEALTH SOLUTIONS CORP. Consolidated Statements of Cash Flows (in thousands) Three months ended Nine months ended September 30, September 30, --------------------------- --------------------------- 2009 2008 2009 2008 ------------- ------------- ------------- ------------- (unaudited) (unaudited) Cash flows from operating activities: Net income $ 11,209 $ 3,539 $ 30,868 $ 10,163 Items not involving cash: Stock-based compensation 1,046 902 2,477 3,006 Depreciation of property and equipment 2,037 1,669 5,981 4,715 Amortization of intangible assets 2,239 3,449 7,478 6,277 Deferred lease inducements and rent (115) (99) (484) (206) Deferred
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SOURCE SXC Health Solutions Corp.
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