Date:3/14/2012

388,749Total liabilities and stockholders' equity $ 379,053$ 386,933The Providence Service CorporationConsolidated Statements of Cash Flows(in thousands)(UNAUDITED)Year endedDecember 31, 20112010Operating activitiesNet income $  16,940$ 23,627Adjustments to reconcile net income to net cash  provided by operating activities:  Depreciation 5,9214,953  Amortization7,7357,699  Amortization of deferred financing costs 1,6952,446  Loss on extinguishment of debt2,463-  Gain on bargain purchase(2,711)-  Provision for doubtful accounts3,1314,899  Deferred income taxes(530)1,369  Stock based compensation3,6751,694  Excess tax benefit upon exercise of stock options(17)(66)  Other64588  Changes in operating assets and liabilities:Accounts receivable(9,019)29Management fee receivable2,3021,320Other receivables2,33497Restricted cash(80)5Prepaid expenses and other(680)(3,388)Reinsurance liability reserve(431)1,512Accounts payable and accrued expenses(5,342)(906)Accrued transportation costs5,788961Deferred revenue(3,179)(3,011)Other long-term liabilities398697Net cash provided by operating activities31,03844,025Investing activitiesPurchase of property and equipment, net(11,306)(10,266)Acquisition of businesses, net of cash acquired(4,889)-Restricted cash for contract performance1,692(2,304)Purchase of short-term investments, net(113)(120)Net cash used in investing activities(14,616)(12,690)Financing activitiesRepurchase of common stock, for treasury(51)-Proceeds from common stock issued pursuant to  stock option exercise56471Excess tax benefit upon exercise of stock options1766Proceeds from long-term debt115,000-Repayment of long-term debt(146,811)(21,909)Debt financing costs(2,651)(61)Capital lease payments(15)(13)Net cash used in financing activities(34,455)(21,446)Effect of exchange rate changes on cash(44)215Net change in cash(18,077)10,104Cash at beginning of period61,26151,157Cash at end of period$  
'/>"/>

SOURCE The Providence Service Corporation Copyright©2010 PR Newswire. All rights reserved

0 GOOD

Page: 1 2 3 4 5 6 7 8
Related medicine technology :

1. Free Dog Heart Health Screenings Available August 20 in Providence
2. Providence Service Corporation Reports Q2 2011 Results In Line With Expectations
3. Elsevier CPM Resource Center to Integrate Evidence-Based Clinical Content Software at Providence Health & Services
4. Medicalis Acquires RadWorkFlow from Inland Imaging and Providence Health Care
5. Providence Service Corporation Releases Fourth Quarter and Year End 2009 Results
6. Providence Service Corporation to Present at the Sidoti & Company, LLC Micro Cap Conference on Monday, January 11th and at the CJS Securities New Ideas for the New Year Conference on Thursday, January 14th
7. Treatment Shows Excellent Results for Providence Tarzana Patients Following Cardiac Arrest
8. Rifalazil Trial (PROVIDENCE-1) Fails to Provide Significant Clinical Benefit in Patients With Peripheral Arterial Disease
9. Providence Hospital Study Finds Communication System Leads to Faster Heart Attack Treatment
10. Nirvanix and Acuo Deliver HIPAA Compliant Cloud Storage Service for Healthcare Providers
11. Qmed, the Leading Global MedTech Industry Resource, Partners with onTargetjobs to Provide Medical Device Professionals and Employers with Career Services Tool