117,594115,815Accumulated other comprehensive income
13,00311,290Total stockholders' equity
136,913132,072Total liabilities and stockholders' equity
$183,094$174,173CHINDEX INTERNATIONAL, INC.CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS(in thousands)Six months ended June 30, 20112010OPERATING ACTIVITIESNet income
1,351Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization2,1941,939Provision for demonstration inventory-306Inventory write down396Provision for doubtful accounts9301,104Loss on disposal of property and equipment7736Equity in income of unconsolidated affiliate(582)-Deferred income taxes(1,454)382Stock based compensation1,6681,518Foreign exchange (gain) loss(257)2,013Amortization of debt issuance costs54Amortization of debt discount124124Non-cash charge for change in fair value of warrants-(224)Changes in operating assets and liabilities:Restricted cash300(198)Accounts receivable(2,101)4,957Receivable from affiliates8,898-Inventories(260)(5,162)Other current assets and other assets724(529)Accounts payable, accrued expenses, other current liabilities and deferred revenue339(192)Payable to affiliates2,899-Income taxes payable570(1,642)Net cash provided by operating activities15,7905,883INVESTING ACTIVITIESPurchases of short-term investments and CDs(21,271)(4,020)Proceeds from redemption of CDs22,83721,802Purchases of property and equipment(11,157)(5,733)Net cash (used in) provided by investing activities(9,591)12,049FINANCING ACTIVITIESProceeds from debt, vendor financing and convertible debentures-39Repayment of debt, sinking fund deposits and vendor financing-(1,472)Repurchase of restricted stock for income tax withholding-(4)Proceeds from exercise of stock options and warrants11490Net cash provided by (used in) financing activities114(1,347)Effect of foreig
|SOURCE Chindex International, Inc.|
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