Universal Health Services, Inc. Consolidated Statements of Income September 2000 (in thousands, except per share amounts) (unaudited)
| |
Three months ended September 30 |
Nine months ended September 30 |
| 2000 |
1999 |
2000 |
1999 |
| Net revenues |
$561,790 |
$489,828 |
$1,627,622 |
$1,522,990 |
| Operating charges: |
| Salaries, wages and benefits |
219,371 |
196,523 |
632,902 |
591,772 |
| Other operating expenses |
132,123 |
116,183 |
369,669 |
347,425 |
| Supplies expense |
74,780 |
70,677 |
221,295 |
213,177 |
| Provision for doubtful accounts |
49,221 |
44,926 |
136,084 |
125,997 |
| Depreciation and amortization |
28,475 |
26,695 |
84,278 |
80,870 |
| Lease and rental expense |
12,482 |
12,219 |
36,351 |
36,771 |
| Interest expense, net |
6,994 |
6,503 |
21,514 |
19,551 |
| |
523,446 |
473,726 |
1,502,093 |
1,415,563 |
| Income before minority interests and income taxes |
38,344 |
16,102 |
125,529 |
107,427 |
| Minority interests in earnings (losses) of consolidated entities |
3,172 |
(579) |
9,686 |
6,172 |
| Income before income taxes |
35,172 |
16,681 |
115,843 |
101,255 |
| Provision for income taxes |
12,837 |
5,887 |
41,570 |
37,409 |
| Net income |
$22,335 |
$10,794 |
$74,273 |
$63,846 |
| Earnings per common share - basic |
$0.75 |
$0.34 |
$2.46 |
$2.01 |
| Earnings per common share - diluted |
$0.72 |
$0.34 |
$2.39 |
$1.97 |
| Weighted average number of common shares - basic |
29,893 |
31,425 |
30,201 |
31,697 |
| Weighted average number of common share equivalents |
3,951 |
626 |
1,818 |
670 |
| Weighted average number of common shares and equiv. - diluted |
33,844 |
32,051 |
32,019 |
32,367 |
|