Total current liabilities 26,726 26,233
Long-term debt and capital lease
obligations, net of current portion 191,761 193,942
Deferred tax liabilities 92 6,180
Other long-term liabilities 4,857 2,755
Total liabilities 223,436 229,110
Common stock, $0.01 par value, 100 shares
authorized, 10 shares issued and
outstanding - -
Other comprehensive income (loss) 564 (474)
Contributed capital 111,158 110,787
Accumulated deficit (35,036) (23,675)
Total stockholders' equity 76,686 86,638
Total liabilities and stockholders' equity $300,122 $315,748
SPHERIS INC.
Condensed Consolidated Statements of Cash Flows
(Amounts in Thousands)
Year Ended December 31,
2007 2006
Cash flows from operating activities:
Net loss $(11,361) $(12,150)
Adjustments to reconcile net loss to net cash
provided by operating activities:
Depreciation and amortization 24,273 26,553
Write-off and amortization of acquired
technology 648 736
Deferred taxes (6,435) (5,489)
Amortization of debt discounts and
issuance costs 833 756
Loss on debt refinancing 1,8
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