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The Ensign Group, Inc. Reports Third Quarter 2008 Earnings; Reaffirms 2008 Guidance
Date:10/30/2008

20,525 13,506 20,512 13,463

Diluted 20,777 16,878 20,667 16,887

Condensed Consolidated Balance Sheets

(in thousands)

September 30, December 31,

2008 2007

Assets

Cash and cash equivalents $56,407 $51,732

Other current assets 58,187 68,631

Total current assets 114,594 120,363

Property and equipment, net 141,893 124,861

Other assets 26,124 22,165

Total assets $282,611 $267,389

Liabilities and stockholders' equity

Current liabilities:

Current liabilities, excluding current

maturities of long-term debt $52,030 $54,401

Current maturities of long-term debt 1,089 2,993

Total current liabilities 53,119 57,394

Long-term debt-less current maturities 59,735 60,577

Other long-term liabilities 21,101 19,741

Total Stockholders' equity 148,656 129,677

Total liabilities and stockholders' equity $282,611 $267,389

Reconciliation of Net Income to EBITDA and EBITDAR

(in thousands)

Three Months Ended Nine Months Ended

September 30, September 30,

2008 2007 2008 2007

Net income $6,797 $4
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SOURCE The Ensign Group, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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