United America Indemnity, Ltd. Reports Third Quarter 2007 Results and Share Repurcha...(ax - 10103 - ...),Health
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United America Indemnity, Ltd. Reports Third Quarter 2007 Results and Share Repurchase Program
Date:10/24/2007
ax - 10,103 - 10,103
Total after-tax
adjustments (400) 9,178 740 9,164
Net income $23,980 $32,089 $72,521 $70,121
Weighted average shares
outstanding - basic 37,229 36,680 37,185 36,637
Weighted average shares
outstanding - diluted 37,521 37,098 37,513 37,090
Operating income per
share - basic $0.65 $0.62 $1.93 $1.66
Operating income per
share - diluted $0.65 $0.62 $1.91 $1.64
Note Regarding Operating Income
In managing its business and evaluating its performance, United America Indemnity's management focuses on operating income (net income excluding after-tax net realized investment gains (losses)) as a more appropriate measure of the operations of the business. Operating income is not a substitute for net income determined in accordance with GAAP, and investors should not place undue reliance on this measure.
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| SOURCE United America Indemnity, Ltd. Copyright©2007 PR Newswire. All rights reserved |
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