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InfuSystem Holdings, Inc. Reports $14.1 Million of Revenues for the Second Quarter of 2012; Announces Annualized Cost Savings in Excess of $1 million
Date:8/7/2012

xes

-(81)1(34)Reclassification of hedging losses, net of taxes

(111)-(111)-Comprehensive Loss

$
(939)
$
(27,967)
$
(1,853)
$
(28,090)
INFUSYSTEM HOLDINGS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF CASH FLOWS
(UNAUDITED)Six Months EndedJune 30(in thousands)20122011OPERATING ACTIVITIESNet loss

$
(1,743)

$   (28,056)Adjustments to reconcile net loss to net cash provided by operating activities:Loss on cash flow hedge

111

-Gain on derivative liabilities 

-

(83)Loss on extinguishment of long-term debt 

552

-Provision for doubtful accounts 

2,140

2,149Depreciation 

2,903

3,167Amortization of intangible assets 

1,358

1,309Asset impairment charges 

-

44,213Amortization of deferred debt issuance costs 

137

122Stock-based compensation 

310

502Deferred income taxes 

(646)

(16,242)Changes in assets - (Increase)/Decrease:Accounts receivable, net of provision

(2,446)

(2,197)Inventory

699

794Other current assets

(480)

67Other assets

(315)

(166)Changes in liabilities - Increase/(Decrease):Accounts payable and other liabilities 

1,084

(2,651)NET CASH PROVIDED BY OPERATING ACTIVITIES 3,664

2,928INVESTING ACTIVITIESCapital expenditures 

(1,733)

(2,383)Other asset acquisitions

(76)

(942)NET CASH USED IN INVESTING ACTIVITIES (1,809)

(3
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SOURCE InfuSystem Holdings, Inc.
Copyright©2012 PR Newswire.
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