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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
NET REVENUE $ 155,631 $ 138,951 $ 301,848 $ 263,129
OPERATING EXPENSES        
Cost of operations 119,113 106,205 234,941 204,844
Depreciation and amortization 14,296 13,876 28,217 27,151
Provision for bad debts 8,748 8,468 16,653 16,145
Loss (gain) on sale and disposal of equipment (1,856) 51 (1,597) 155
Severance costs 509 435 654 567
Total operating expenses 140,810 129,035 278,868 248,862
INCOME FROM OPERATIONS 14,821 9,916 22,980 14,267
OTHER EXPENSES        
Interest expense 13,150 12,729 26,065 22,696
Loss on extinguishment of debt   9,871   9,871
Other expenses (income) (189) 1,150 (2,060) 1,150
Total other expenses 12,961 23,750 24,005 33,717
INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF JOINT VENTURES 1,860 (13,834) (1,025) (19,450)
Benefit from (provision for) income taxes (337) 128 (484) (206)
Equity in earnings of joint ventures 2,083 1,971 4,307 3,832
NET INCOME (LOSS) 3,606 (11,735) 2,798 (15,824)
Net income attributable to noncontrolling interests 85 21 153 43
NET INCOME (LOSS) ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 3,521 $ (11,756) $ 2,645 $ (15,867)
BASIC NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in Dollars per share) $ 0.09 $ (0.32) $ 0.07 $ (0.43)
DILUTED NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in Dollars per share) $ 0.09 $ (0.32) $ 0.07 $ (0.43)
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in Shares) 37,357,840 36,916,905 37,308,038 36,641,953
Diluted (in Shares) 39,820,163 36,916,905 39,376,958 36,641,953