XML 47 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF NET INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Net patient revenues $ 68,397 $ 61,432
Other revenues 1,370 1,324
Net revenues 69,767 62,756
Clinic operating costs:    
Salaries and related costs 37,942 34,059
Rent, clinic supplies, contract labor and other 14,216 12,734
Provision for doubtful accounts 950 1,097
Closure costs 13 18
Total clinic operating costs 53,121 47,908
Gross margin 16,646 14,848
Corporate office costs 7,132 6,413
Operating income from continuing operations 9,514 8,435
Interest and other income, net 1 2
Interest expense (253) (135)
Income before taxes from continuing operations 9,262 8,302
Provision for income taxes 2,939 2,493
Net income from continuing operations including non-controlling interests 6,323 5,809
Discontinued operations, net of tax   (200)
Net income including non-controlling interests 6,323 5,609
Less: net income attributable to non-controlling interests (2,095) (1,888)
Net income attributable to common shareholders 4,228 3,721
Basic earnings per share attributable to common shareholders:    
From continuing operations $ 0.35 $ 0.32
From discontinued operations   $ (0.01)
Income (loss) from operations before, per basic share $ 0.35 $ 0.31
Revaluation of redeemable non-controlling interests, net of tax (Note 4) $ (0.08)  
Basic $ 0.27 $ 0.31
Diluted earnings per share attributable to common shareholders:    
From continuing operations $ 0.35 $ 0.32
From discontinued operations   $ (0.01)
Income (loss) from operations before, Per diluted share $ 0.35 $ 0.31
Revaluation of redeemable non-controlling interests, net of tax (Note 4) $ (0.08)  
Diluted $ 0.27 $ 0.31
Shares used in computation:    
Basic 12,129 11,955
Diluted 12,144 11,979
Dividends declared per common share $ 0.12 $ 0.10
Earnings attributable to common shareholders:    
From continuing operations 4,228 3,851
From discontinued operations   (130)
Net income attributable to common shareholders $ 4,228 $ 3,721