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Allscripts Announces Second Quarter 2012 Results
Date:8/8/2012

AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable

$59.1$41.2Accrued expenses

99.8103.4Accrued compensation and benefits

27.531.8Deferred revenue

308.5288.9Current maturities of long-term debt and capital lease obligations

68.145.5Total current liabilities

563.0510.8Long-term debt

420.9322.7Deferred revenue

19.718.9Deferred taxes, net

128.9119.7Other liabilities

67.868.5Total liabilities

1,200.31,040.6Total stockholders' equity

1,280.81,476.7Total liabilities and stockholders' equity

$2,481.1$2,517.3 Table 2Allscripts Healthcare Solutions, Inc.Condensed Consolidated Statements of Operations(In millions, except per-share amounts)(Unaudited)Three Months Ended June 30,Six Months Ended June 30,2012201120122011Revenue:System sales

$46.6$64.9$87.3$119.4Professional services

67.458.1138.9113.7Maintenance

113.9103.2228.7203.6Transaction processing and other

142.1130.6279.8255.4Total revenue

370.0356.8734.7692.1Cost of revenue: (a)System sales

35.135.966.770.8Professional services

57.048.4118.794.1Maintenance

36.335.172.368.1Transaction processing and other

84.169.6163.8131.5Total cost of revenue

212.5189.0421.5364.5Gross profit

157.5167.8313.2327.6Selling, general and administrative expenses

92.3101.5189.6205.7Research and development

38.224.874.446.8Amortization of intangible assets

9.39.418.518.6Income from operations

17.732.130.756.5Interest expense

(4.4)(5.1)(8.2)(13.0)Interest income and other, net

0.20.40.50.8Income before income taxes

13.527.423.044.3Provision for income taxes

(5.5)(11.5)(9.2)(15.8)Net income

$8.0$15.9$13.8$28.5Earnings per share - basic and diluted

$0.04$0.08$0.07$0.15Weighted average common shares outstanding:Basic

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SOURCE Allscripts Healthcare Solutions, Inc.
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