Universal Health Services, Inc. Reports 2007 Fourth Quarter and Full Year Earnings and 200...(of consolidated entities ...),Health

entities 10,710 8,621 43,361 46,238

Income before income taxes 65,391 54,660 275,069 412,472

Provision for income taxes 25,488 20,458 104,550 152,878

Income from continuing

operations 39,903 34,202 170,519 259,594

Income (loss) from

discontinued operations,

net of income tax

benefit (a) 51 (32) (132) (136)

Net income $39,954 $34,170 $170,387 $259,458

Basic earnings per share: (b)

From continuing operations $0.75 $0.63 $3.19 $4.76

From discontinued operations 0.00 0.00 0.00 0.00

Total basic earnings

per share $0.75 $0.63 $3.19 $4.76

Diluted earnings (loss)

per share: (b)

From continuing operations $0.75 $0.63 $3.18 $4.57

From discontinued operations 0.00 0.00 0.00 (0.01)

Total diluted earnings

per share $0.75 $0.63 $3.18 $4.56

Universal Health Services, Inc.

Footnotes to Consolidated Statements of Income

(in thousands, except per share amounts)

Three months Twelve months

ended December 31, ended December 31,

2007 2006 2007 2006

(a) Calculation of income from

discontinued operations,

net of income tax:

Income (loss) from operations $83 ($52) ($213) ($217)

Income tax (expense) benefit (32) 20 81 81

Income (loss) from discontinued

operations, net of taxes
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