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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
NET REVENUE        
Service fee revenue, net of contractual allowances and discounts $ 168,675 $ 167,310 $ 327,438 $ 331,051
Provision for bad debts (7,520) (6,955) (14,413) (13,777)
Net service fee revenue 161,155 160,355 313,025 317,274
Revenue under capitation arrangements 17,927 16,165 34,933 32,186
Total net revenue 179,082 176,520 347,958 349,460
OPERATING EXPENSES        
Cost of operations, excluding depreciation and amortization 147,808 148,698 292,838 298,260
Depreciation and amortization 15,199 14,528 30,770 29,288
Loss on sale and disposal of equipment 46 192 292 362
Severance costs 383 117 864 240
Total operating expenses 163,436 163,535 324,764 328,150
INCOME FROM OPERATIONS 15,646 12,985 23,194 21,310
OTHER INCOME AND EXPENSES        
Interest expense 10,336 11,343 22,108 23,490
Meaningful use incentive 0 0 (1,762) 0
Equity in earnings of joint ventures (1,646) (1,658) (2,713) (2,864)
Gain on sale of imaging centers 0 (2,108) 0 (2,108)
Loss on early extinguishment of Senior Notes 471 0 15,927 0
Other (income) expenses (4) 150 (2) 148
Total other expenses 9,157 7,727 33,558 18,666
INCOME (LOSS) BEFORE INCOME TAXES 6,489 5,258 (10,364) 2,644
(Provision for) benefit from income taxes (1,233) (2,497) 3,245 (1,249)
NET INCOME (LOSS) 5,256 2,761 (7,119) 1,395
Net income attributable to noncontrolling interests 112 75 161 51
NET INCOME (LOSS) ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 5,144 $ 2,686 $ (7,280) $ 1,344
BASIC NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 0.13 $ 0.07 $ (0.18) $ 0.03
DILUTED NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 0.12 $ 0.07 $ (0.18) $ 0.03
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic 40,817,333 39,217,122 40,413,863 39,038,904
Diluted 43,262,995 39,829,663 40,413,863 39,853,298