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The Ensign Group, Inc. Reports Second Quarter 2008 Earnings of $.32 per Diluted Share and Raises 2008 Guidance
Date:8/6/2008

00

Net income $6,519 $5,695 $12,853 $9,832

Net income per share:

Basic $0.32 $0.41 $0.63 $0.72

Diluted $0.32 $0.34 $0.62 $0.58

Weighted average common shares

outstanding:

Basic 20,508 13,463 20,502 13,441

Diluted 20,636 16,878 20,637 16,891

Condensed Consolidated Balance Sheets

(in thousands)

June 30, December 31,

2008 2007

Assets

Cash and cash equivalents $50,934 $51,732

Other current assets 58,666 68,631

Total current assets 109,600 120,363

Property and equipment, net 139,846 124,861

Other assets 26,593 22,165

Total assets $276,039 $267,389

Liabilities and stockholders' equity

Current liabilities:

Current liabilities, excluding current maturities

of long-term debt $51,764 $54,401

Current maturities of long-term debt 1,023 2,993

Total current liabilities 52,787 57,394

Long-term debt-less current maturities 60,032 60,577

Other long-term liabilities 21,167 19,741

Total Stockholders' equity 142,053 129,677

Total liabilities and stockholders' equity $276,039 $267,389

Reconciliation of Net I
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SOURCE The Ensign Group, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related medicine news :

1. The Ensign Group Schedules 2008 Second Quarter Earnings Call for Thursday, August 7, 2008
2. The Ensign Group to Present at the FBR Capital Markets 12th Annual Spring Investor Conference on May 29th
3. The Ensign Group, Inc. Acquires Utah Skilled Nursing Facility
4. The Ensign Group, Inc. Reports First Quarter 2008 Earnings
5. The Ensign Group Schedules 2008 First Quarter Earnings Call for Thursday, May 8, 2008
6. The Ensign Group, Inc. Reports Fourth Quarter 2007 Earnings
7. The Ensign Groups Year-End Conference Call Scheduled for Friday, March 7, 2008
8. The Ensign Group Establishes $50 Million Credit Facility with GE Healthcare Financial Services
9. The Ensign Group Successfully Graduates Troubled Nursing Home from CMS Special Focus Facility Program
10. The Ensign Group, Inc. Announces the Appointment of Covey C. Christensen as President of Its Flagstone Subsidiary
11. The Ensign Group, Inc. Reports Third Quarter 2007 Earnings
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