Universal Health Services, Inc. Consolidated Statements of Income March 1997 (in thousands, except per share amounts) (unaudited)
| |
Three months ended March 31,
|
|
1997
|
1996
|
| Net revenues |
$340,170
|
$266,523
|
| Operating charges: |
| Operating expenses |
$129,674
|
$102,335
|
| Salaries and wages |
$119,747
|
$94,500
|
| Provision for doubtful accounts |
$23,663
|
$16,674
|
| Depreciation and amortization |
$19,028
|
$14,783
|
| Lease and rental expense |
$9,121
|
$9,405
|
| Interest expense |
$4,956
|
$4,648
|
|
|
| Income before income taxes |
$33,981
|
$24,178
|
| Provision for income taxes |
$12,451
|
$8,677
|
| Net income |
$21,530
|
$15,501
|
| Earnings per common and common equivalent share: |
$0.65
|
$0.54
|
| Average number of common shares
and equivalents: |
32,986
|
28,712
|
|