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WebMD Announces Fourth Quarter Financial Results
Date:2/19/2009

ighted-average shares outstanding used in computing basic and diluted net income per common share: Basic 57,771 57,534 57,717 57,184 ====== ====== ====== ====== Diluted 58,384 59,748 58,925 59,743 ====== ====== ====== ====== (a) See Annex A - Explanation of Non-GAAP Financial Measures (b) Reconciliation of Adjusted EBITDA to income from continuing operations WEBMD HEALTH CORP. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, unaudited) December 31, ------------ 2008 2007 ---- ---- ASSETS Current assets: Cash and cash equivalents $191,659 $213,753 Short-term investments - 80,900 Accounts receivable, net 94,140 86,081 Current portion of prepaid advertising 1,753 2,329 Due from HLTH - 1,153 Other current assets 11,371 10,840 ------ ------ Total current assets 298,923 395,056 Investments 133,563 - Property and equipment, net 54,263 48,589 Prepaid advertising - 4,521 Goodwill 220,011 221,429 Intangible assets, net 26,599 36,314 Other assets 20,963 1
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