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Income Statement
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Emergency Medical Services L.P. (EMS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-11Dec-31-10Sep-30-10Jun-30-10Mar-31-10Dec-31-09Sep-30-09Jun-30-09
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Net revenue  760.8734.0737.2708.8679.4654.3665.1637.3
            Net revenue growth  12.0%12.2%10.8%11.2%10.8%10.2%-2.1%11.6%
Compensation and benefits  537.1   480.3   
Operating expenses  97.0   86.5   
Insurance expense  26.5   22.1   
Selling, general and administrative expenses  17.8   16.9   
Depreciation and amortization expense  17.516.916.515.716.215.715.716.2
    Income from operations  64.963.962.861.857.454.555.555.7
            Operating margin  8.5%8.7%8.5%8.7%8.4%8.3%8.3%8.7%
Interest income from restricted assets  0.40.70.70.90.91.01.11.1
Interest expense  -4.8-4.7-4.9-5.1-8.3-10.2-10.3-10.3
Realized (loss) gain on investments  0.01.60.70.10.10.10.50.8
Interest and other (expense) income  -1.7   0.3   
    Income before income taxes and equity in earnings of unconsolidated subsidiary  58.761.659.738.850.345.747.347.8
Income tax expense  -22.7-21.8-23.0-15.0-19.4-12.5-18.5-18.9
            Tax rate  38.6%35.3%38.5%38.5%38.6%27.4%39.2%39.5%
    Income before equity in earnings of unconsolidated subsidiary  36.139.936.723.930.933.228.828.9
Equity in earnings of unconsolidated subsidiary  0.1   0.1   
    Net income  36.2   31.0   
   
Other comprehensive income, net of tax:          
Unrealized holding gains during the period  0.6   0.4   
   
Unrealized gains on derivative financial instruments          
    Comprehensive income          
Basic earnings per common share (in dollars per share)  $0.82$0.91$0.83$0.54$0.71$0.78$0.67$0.69
Diluted earnings per common share (in dollars per share)  $0.80$0.89$0.82$0.54$0.70$0.75$0.66$0.67
   
Weighted average common shares outstanding, basic (in shares)  44.244.044.144.043.642.642.842.4
Weighted average common shares outstanding, diluted (in shares)  45.044.744.744.744.543.643.843.3
   
Restructuring charges          
    Net income          
    Comprehensive income          
Loss on early debt extinguishment          
Interest and other (expense) income          

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