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BioScrip Reports First Quarter 2013 Financial Results
Date:5/8/2013

iabilities378,248348,967Stockholders' equityPreferred stock, $.0001 par value; 5,000,000 shares authorized; no shares issued or

outstanding

——Common stock, $.0001 par value; 125,000,000 shares authorized; shares issued:

59,695,646 and 59,600,713, respectively; shares outstanding: 57,113,126 and

57,026,957, respectively

66Treasury stock, shares at cost: 2,582,520 and 2,582,520, respectively

(10,311)(10,311)Additional paid-in capital

390,983388,798Accumulated deficit

(93,212)(85,084)Total stockholders' equity287,466293,409Total liabilities and stockholders' equity$
5,714$
42,376Schedule 2BIOSCRIP, INCCONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts)Three Months EndedMarch 31,20132012Product revenue

$
50,024$
,803Service revenue

49,04748,830Total revenue

199,071155,633Cost of product revenue

105,53372,326Cost of service revenue

30,30129,785Total cost of revenue

135,834102,111Gross profit

63,23753,522% of revenues

31.8%34.4%Selling, general and administrative expenses

52,79144,575Bad debt expense

3,3973,465Acquisition and integration expenses

4,623172Restructuring and other expenses

1,278387Amortization of intangibles

2,082879Income from operations

(934)4,044Interest expense, net

6,4786,569Net income (loss) from continuing operations,  before income taxes

(7,412)(2,525)Tax provision (benefit)

58(502)Net income (loss) from continuing operations, net of income taxes

(7,470)(2,023)Net income (loss) from discontinued operations, net of income taxes

(658)(680)Net income (loss)

$
(8,128)$
(2,703)Basic weighted average shares

57,04755,307Diluted weighted average shares

57,04755,307Income (loss) per common share:Basic loss
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SOURCE BioScrip, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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