SEC Filings

8-K/A
AMSURG CORP filed this Form 8-K/A on 11/12/1997
Entire Document
 
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                                  AMSURG CORP.
              UNAUDITED PRO FORMA COMBINED STATEMENTS OF OPERATIONS
                      NINE MONTHS ENDED SEPTEMBER 30, 1997
                      (IN THOUSANDS, EXCEPT PER SHARE DATA)


<TABLE>
<CAPTION>
                                              AMSURG          THE ENDOSCOPY           PRO FORMA          PRO FORMA
                                            HISTORICAL       CENTER, INC.(1)         ADJUSTMENTS          COMBINED
                                            -----------      ---------------         ------------        -----------
<S>                                         <C>              <C>                     <C>                 <C>
Revenues...............................     $    41,163        $     2,090           $       (50)(2)      $  43,203

Expenses:
    Salaries and benefits..............          12,552                470                   (64)(3)         12,958
    Other operating expenses...........          14,564                501                    10 (4)         15,075
    Depreciation and amortization......           3,511                  -                   159 (5)          3,670
    Interest...........................           1,141                  -                   193 (6)          1,334
    Net loss on sale of assets.........           1,494                  -                     -              1,494
    Distribution cost..................             458                  -                     -                458
                                            -----------        -----------           -----------        -----------

       Total expenses..................          33,720                971                   298             34,989
                                            -----------        -----------           -----------        -----------

       Income before minority interest
           and income taxes............           7,443              1,119                  (348)             8,214
Minority interest......................           6,447                  -                   491 (7)          6,938
                                            -----------        -----------           -----------        -----------

       Income before income taxes......             996              1,119                  (839)             1,276
Income tax expense.....................           1,279                  -                   112 (8)          1,391
                                            -----------        -----------           -----------        -----------

       Net income (loss)...............            (283)             1,119                  (951)              (115)
Accretion of preferred stock discount..             210                  -                     -                210
                                            -----------        -----------           -----------        -----------

       Net income (loss) attributable to
           common stockholders.........     $      (493)       $     1,119           $      (951)       $      (325)
                                            ===========        ===========           ===========        ===========

       Net income (loss) per share
           attributable to common
           stockholders................     $     (0.02)                                                $     (0.01)
                                            ===========                                                 ===========
Weighted average common shares
       and equivalents.................          28,310                                      251 (9)         28,561
                                            ===========                              ===========        ===========
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