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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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11. The Ensign Group, Inc. Reports Third Quarter 2007 Earnings
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