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

income taxes (2,402) (2,080) (937) (1,884) Tax benefit on option exercises (1,341) (719) (3,447) (799) Gain on foreign exchange (24) (7) (50) (14) Changes in operating assets and liabilities, net of effects from acquisition: Accounts receivable (9,070) (4,970) (9,444) 7,858 Rebates receivable 1,935 1,864 9,009 3,017 Restricted cash 1,702 (335) 65 (4,660) Unbilled revenue - 2 73 103 Prepaid expenses 862 (407) (302) 915 Inventory (915) 93 (318) (171) Income tax recoverable 2,967 1,264 5,205 1,618 Accounts payable (2,466) (768) (2,382) 496 Accrued liabilities 2,441 1,211 (3,575) (4,452) Pharmacy benefit claim payments payable 9,868 2,585 402 1,049 Pharmacy benefit management rebates payable (2,026) (2,632) 7,504 (5,080) Deferred revenue (63) (139) 409 (393) Customer deposits (94) (1,172) 678 (1,070) Other 122 20 383 111 ------------- ------------- ------------- ------------- Net cash provided by operating activities 17,912 3,270 49,593 20,599 Cash flows from investing activities: Purchases of property and equipment (865) (2,556) (6,611)
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SOURCE SXC Health Solutions Corp.
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