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Chindex International, Inc. Reports First Quarter 2013 Financial Results
Date:5/8/2013

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4,429Supplies and purchased medical services

4,965

4,124Bad debt expense

979

735Depreciation and amortization

2,302

1,492Lease and rental expense

2,361

1,74938,985

31,887Income from operations

2,580

625Other income and (expenses)Interest income

248

251Interest expense

(102)

(355)Equity in (loss) income of unconsolidated affiliate

(900)

98Miscellaneous (expense) - net

(2)

(10)Income before income taxes

1,824

728Provision for income taxes

(1,886)

(1,259)Net loss

$(62)

$(531)Net loss  per common share - basic

$.00

$(.03)Weighted average shares outstanding - basic

16,549,761

16,291,792Net loss per common share - diluted

$.00

$(.03)Weighted average shares outstanding - diluted

16,549,761

16,291,792 CHINDEX INTERNATIONAL, INC.CONSOLIDATED CONDENSED BALANCE SHEETS(in thousands, except share data)(Unaudited)March 31, 2013December 31, 2012ASSETSCurrent assets: Cash and cash equivalents

$31,353

$33,184 Restricted cash

1,512

754Accounts receivable, less allowance for doubtful accounts of $11,621 
and $10,612, respectively

21,943

19,564Receivables from affiliates

1,901

2,110 Inventories of supplies, net

2,434

2,328 Deferred income taxes

3,369

3,209 Other current assets

5,575

3,798Total current assets

68,087

64,511Restricted cash and sinking funds

19,212

20,351Investment in unconsolidated affiliate

33,917

34,847Property and equipment, net

98,425

97,952Noncurrent deferred income taxes

906

925Other assets

3,682


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SOURCE Chindex International, Inc.
Copyright©2012 PR Newswire.
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