Select Medical Holdings Corporation Announces Results for Third Quarter Ended Septembe...(ying calculations Adjusted EBITDA as pre...),Health

Date:11/5/2009

ying calculations, Adjusted EBITDA as presented may not be comparable to other similarly titled measures of other companies. Three Months Ended Nine Months Ended September 30, September 30, 2008 2009 2008 2009 ---- ---- ---- ---- Net income (loss) $(823) $583 $13,630 $45,371 Non-controlling interest 1,032 806 2,103 2,218 Income tax expense (benefit) (111) (804) 13,862 33,076 Interest expense, net 36,060 33,449 109,328 101,699 Gain on early retirement of debt - (1,129) - (16,445) Long term incentive compensation - 18,261 - 18,261 Stock compensation expense Included in general and administrative 469 4,111 1,616 4,594 Included in cost of services 36 90 81 201 Depreciation and amortization 17,848 17,676 53,175 53,346 ------ ------ ------ ------ Adjusted EBITDA $54,511 $73,043 $193,795 $242,321 ======= ======= ======== ======== Specialty hospitals $49,137 $64,381 $167,617 $212,122 Outpatient rehabilitation 16,405 20,898 60,248 67,476 Other (1) (11,031) (12,236) (34,070) (37,277) ------- ------- ------- ------- Adjusted EBITDA $54,511 $73,043 $193,795 $242,321 =======
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SOURCE Select Medical Holdings Corporation Copyright©2009 PR Newswire. All rights reserved

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