SEC Filings

10-Q
AMSURG CORP filed this Form 10-Q on 08/14/1997
Entire Document
 
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                                  AMSURG CORP.
                      CONSOLIDATED STATEMENTS OF OPERATIONS


<TABLE>
<CAPTION>

                                            THREE MONTHS ENDED JUNE 30,    SIX MONTHS ENDED JUNE 30,
                                               1997           1996            1997            1996
                                            -----------    -----------    ------------     -----------
<S>                                         <C>            <C>            <C>              <C>
Revenues                                    $13,962,978    $ 8,124,490    $ 26,572,902     $15,293,717

Expenses:
    Salaries and benefits                     4,135,497      2,688,619       8,107,161       4,935,694
    Other operating expenses                  5,002,520      2,699,459       9,453,313       4,953,636
    Depreciation and amortization             1,135,678        660,547       2,222,941       1,332,173
    Interest                                    389,034        210,340         715,989         421,737
    Impairment loss                                --             --         2,321,168            --
                                            -----------    -----------    ------------     -----------

       Total expenses                        10,662,729      6,258,965      22,820,572      11,643,240
                                            -----------    -----------    ------------     -----------

       Income before minority interest
           and income taxes                   3,300,249      1,865,525       3,752,330       3,650,477
Minority interest                             2,286,029      1,260,046       4,233,940       2,455,823
                                            -----------    -----------    ------------     -----------

       Income (loss) before income taxes      1,014,220        605,479        (481,610)      1,194,654
Income tax expense                              407,000        241,000         736,000         477,000
                                            -----------    -----------    ------------     -----------

       Net income (loss)                        607,220        364,479      (1,217,610)        717,654
Accretion of preferred stock discount            69,990           --           137,555            --
                                            -----------    -----------    ------------     -----------

       Net income (loss) attributable to
           common stockholders              $   537,230    $   364,479    $ (1,355,165)    $   717,654
                                            ===========    ===========    ============     ===========

       Net income (loss) per share
           attributable to common
           stockholders                     $      0.02    $      0.01    $      (0.05)    $      0.03
                                            ===========    ===========    ============     ===========

Weighted average common shares
       and equivalents                       29,281,069     26,652,481      28,211,234      26,493,626
                                            ===========    ===========    ============     ===========

</TABLE>






See accompanying notes to the consolidated financial statements




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