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WebMD Announces Second Quarter Financial Results
Date:7/30/2009

736 427 Liabilities of discontinued operations 792 2,599 --- ----- Total current liabilities 117,062 113,880 Other long-term liabilities 7,803 8,334 Stockholders' equity 647,589 633,718 ------- ------- $772,454 $755,932 ======== ======== WEBMD HEALTH CORP. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands, unaudited) Six Months Ended June 30, ----------------- 2009 2008 ------- ------- Cash flows from operating activities: Net income (loss) $4,899 $(16,983) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Loss (income) from discontinued operations, net of tax 5,290 (291) Depreciation and amortization 13,741 13,759 Non-cash advertising 1,753 1,558 Non-cash stock-based compensation 11,275 7,145 Deferred and other income taxes 6,545 6,568 Impairment of auction rate securities - 27,406 Changes in operating assets and liabilities:
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