Universal Health Services, Inc. Consolidated Statements of Income March 2000 (in thousands, except per share amounts) (unaudited)
| |
Three months ended March 31, |
| |
2000 |
1999 |
| Net revenues |
$541,004 |
$520,095 |
| Operating charges: |
|
|
| Salaries, wages and benefits |
210,863 |
195,670 |
| Other operating expenses |
116,937 |
115,906 |
| Provision for doubtful accounts |
73,912 |
70,165 |
| Depreciation and amortization |
27,644 |
26,978 |
| Lease and rental expense |
11,949 |
12,279 |
| Interest expense, net |
7,328 |
6,482 |
| |
493,613 |
468,406 |
| Income before minority interests and income taxes |
47,391 |
51,689 |
| Minority interests in earnings of consolidated entities |
3,143 |
3,994 |
| Income before income taxes |
44,248 |
47,695 |
| Provision for income taxes |
15,619 |
17,673 |
| Net income |
$28,629 |
$30,022 |
| Earnings per share - basic |
$0.94 |
$0.94 |
| Earnings per share - diluted |
$0.92 |
$0.92 |
| Weighted average number of common shares - basic |
30,591 |
32,007 |
| Weighted average number of common share equivalents |
464 |
681 |
| Weighted average number of common shares and equivalents - diluted |
31,055 |
32,688 |
|