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The Ensign Group Reports Second Quarter 2009 Earnings of $0.39 per Share; Reaffirms 2009 EPS Guidance
Date:8/6/2009

2009 2008 ---- ---- ---- ---- Net income $8,184 $6,519 $16,107 $12,853 Interest expense, net 1,072 797 2,330 1,515 Provision for income taxes 5,282 4,277 10,560 8,489 Depreciation and amortization 3,209 2,173 6,174 4,163 ----- ----- ----- ----- EBITDA 17,747 13,766 35,171 27,020 Facility rent-cost of services 3,724 3,948 7,425 7,947 ----- ----- ----- ----- EBITDAR $21,471 $17,714 $42,596 $34,967 ======= ======= ======= =======
           Adjusted Condensed Consolidated Statements of Income
                  (In thousands, except per share data)

                       Three Months Ended          Six Months Ended
                         June 30, 2009              June 30, 2009
                 ---------------------------   ---------------------------
                             Non-                         Non-
                             GAAP                         GAAP
                    As      Adjust-     As         As    Adjust-       As
                 Reported    ments   Adjusted   Reported  ments     Adjusted
                 --------   -------  --------  ---------  ------    ---------


    Revenue       $132,178            $132,178  $262,463             $262,463
    Expense:
      Cost of
       services
       (exclusive
       of facility
       rent and
       depreciation
       and amortiz-
       ation shown
       separately
       below)      105,290             105,290   209,489 (101)(1)     209,388
      Facility
       rent-cost of
       services      3,724               3,724     7,425     
'/>"/>
SOURCE The Ensign Group, Inc.
Copyright©2009 PR Newswire.
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5. The Ensign Group Reports First Quarter 2009 Earnings of $0.38 per Share; Reaffirms 2009 Guidance
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