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Share Name | Share Symbol | Market | Type |
---|---|---|---|
US Physical Therapy Inc | NYSE:USPH | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 94.48 | 2 | 13:10:03 |
Nevada
|
1-11151
|
76-0364866
|
||
(State or other jurisdiction
of incorporation or organization)
|
(Commission
File Number)
|
(I.R.S. Employer
Identification No.)
|
1300 West Sam Houston Parkway South,
Suite 300, Houston, Texas
|
77042
|
|
(Address of Principal Executive Offices)
|
(Zip Code)
|
¨
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
¨
|
Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
|
¨
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
¨
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
ITEM 2.02
|
RESULTS OF OPERATIONS AND FINANCIAL RESULTS
|
December 31,
|
||||||||
Continuing Operations
|
2014
|
2013
|
||||||
Net revenues
|
$ | 305,074 | $ | 264,058 | ||||
Net income attributable to U. S. Physical Therapy, Inc.
|
20,853 | 17,492 | ||||||
Adjustments:
|
||||||||
Depreciation and amortization
|
6,740 | 5,562 | ||||||
Interest, net (income) / expense
|
1,070 | 531 | ||||||
Noncontrolling interests
|
9,571 | 8,511 | ||||||
Equity grant expense
|
3,363 | 2,743 | ||||||
Provision for income taxes
|
14,274 | 12,236 | ||||||
Adjusted EBITDA (1) from operations including noncontrolling interests
|
55,871 | 47,075 | ||||||
Noncontrolling interests
|
(9,571 | ) | (8,511 | ) | ||||
Adjusted EBITDA (1)
|
$ | 46,300 | $ | 38,564 | ||||
(1) Adjusted EBITDA is defined as earnings before interest, taxes, depreciation, amortization and equity compensation expense.
|
ITEM 9.01
|
FINANCIAL STATEMENTS AND EXHIBITS
|
Exhibits
|
|
Description of Exhibits
|
None
|
|
U.S. PHYSICAL THERAPY, INC.
|
||||||
Dated: March 5, 2015
|
By:
|
/s/ LAWRANCE W. MCAFEE
|
||||
Lawrance W. McAfee
|
||||||
Chief Financial Officer
|
||||||
(duly authorized officer and principal financial
and accounting officer)
|
1 Year US Physical Therapy Chart |
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