Consolidated Statements Of Common Stockholders' Equity

(Amounts in thousands), Universal Health Services, Inc. and Subsidiaries

For the Years Ended December 31, 1999, 1998, and 1997	Class A Common	Class B Common	Class C Common	Class D Common	Capital in Excess of Par Value	Retained Earnings	Total
Balance
January 1, 1997	$21	$298	$2	—	$194,308	$258,351	$452,980
Common Stock
Issued	—	3	—	—	6,141	—	6,144
Amortization of deferred compensation	—	—	—	—	286	—	286
Cancellation of stock grant	—	—	—	—	(79)	—	(79)
Net income	—	—	—	—	—	67,276	67,276

Balance
January 1, 1998	21	301	2	—	200,656	325,627	526,607
Common Stock
Issued	—	4	—	—	10,791	—	10,795
Repurchased	—	(6)	—	—	(24,900)	—	(24,906)
Amortization of deferred compensation	—	—	—	—	216	—	216
After-tax gain on partial sale of subsidiary	—	—	—	—	34,737	—	34,737
Net income	—	—	—	—	—	79,558	79,558

Balance
January 1, 1999	21	299	2	—	221,500	405,185	627,007
Common Stock
Issued	(1)	5	—	—	7,956	—	7,960
Repurchased	—	(20)	—	—	(71,205)	—	(71,225)
Amortization of deferred compensation	—	—	—	—	94	—	94
Net income	—	—	—	—	—	77,775	77,775

Balance
December 31, 1999	$20	$284	$2	—	$158,345	$482,960	$641,611
The accompanying notes are an integral part of these consolidated financial statements.