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Allscripts announces first quarter 2013 results

capital lease obligations

85.779.3Total current liabilities

627.3553.1Long-term debt

458.6362.7Deferred revenue

24.119.8Deferred taxes, net

112.4125.9Other liabilities

66.138.7Total liabilities

1,288.51,100.2Total stockholders' equity

1,334.31,284.3Total liabilities and stockholders' equity

$2,622.8$2,384.5 Table 2Allscripts Healthcare Solutions, Inc.Condensed Consolidated Statements of Operations(In millions, except per-share amounts)(Unaudited)Three Months Ended March 31,20132012Revenue:System sales (a)

$27.0$37.2Professional services

61.171.5Maintenance (a)

117.7118.3Transaction processing and other

141.3137.7Total revenue

347.1364.7Cost of revenue:System sales

13.316.6Professional services


36.636.0Transaction processing and other

85.779.7Amortization of software development costs and acquisition-related assets (b)

19.615.0Total cost of revenue

212.7209.0Gross profit

134.4155.7Selling, general and administrative expenses

104.297.3Research and development

51.036.1Amortization of intangible assets

7.59.3(Loss) income from operations

(28.3)13.0Interest expense

(4.6)(3.9)Interest income and other, net (c)

8.10.4(Loss) income before income taxes

(24.8)9.5Benefit (provision) for income taxes

13.2(3.7)Net (loss) income

($11.6)$5.8Earnings (loss) per share - basic and diluted

($0.07)$0.03Weighted average common shares outstanding:Basic


173.7192.9(a) Certain prior period amounts in system sales have been reclassified to maintenance to conform to the current period presentation. The amount reclassed for each period presented is as follows:

$0.0$3.5(b) Amortization of software development costs and acquisition-related assets in

SOURCE Allscripts Healthcare Solutions, Inc.
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