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Chindex International, Inc. Reports First Quarter 2011 Financial Results
Date:5/9/2011

>

5,579-

20,132Total operating expenses

24,478

40,123(Loss) income from operations

(293)

1,133 Other (expenses) and incomeInterest income

142

137Interest expense

(103)

(199)Equity in loss of unconsolidated affiliate

(147)

-Miscellaneous (expense) income - net

(42)

235(Loss) income before income taxes

(443)

1,306Provision for income taxes

(787)

(791)Net (loss) income

$(1,230)

$515Net (loss) income per common share - basic

$(.08)

$.04Weighted average shares outstanding - basic

16,075,847

14,721,901Net (loss) income per common share - diluted

$(.08)

$.04Weighted average shares outstanding - diluted

16,075,847

16,188,973CHINDEX INTERNATIONAL, INC.CONSOLIDATED CONDENSED BALANCE SHEETS(in thousands except share data)March 31, 2011(unaudited)December 31, 2010ASSETSCurrent assets:Cash and cash equivalents

$42,600

$32,007Restricted cash

300

300Investments

37,074

37,631Accounts receivable, less allowance for doubtful accounts of $7,253 and $6,748, respectively

11,019

11,601Receivables from affiliates

1,270

9.330 Inventories, net

1,432

1,413 Deferred income taxes

3,574

3,242 Other current assets

2,785

3,856Total current assets

100,054

99,380Restricted cash and sinking funds

990

980Investments

1,329

2,439Investment in unconsolidated affiliate

32,107

31,756Property and equipment, net

38,437

37,099Noncurrent deferred income taxes

160

108Other assets

2,449

2,411Total assets

$175,526

$174,173LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable

$2,710

$4,038Payable to affiliates

1,181

-Accrued expenses

9,3
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SOURCE Chindex International, Inc.
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