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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
NET SERVICE FEE REVENUE        
Service fee revenue, net of contractual allowances and discounts $ 171,746 $ 153,370 $ 340,246 $ 297,453
Provision for bad debts (6,395) (5,671) (12,879) (10,702)
Net service fee revenue 165,351 147,699 327,367 286,751
OPERATING EXPENSES        
Cost of operations 136,554 119,113 271,954 234,941
Depreciation and amortization 14,893 14,296 29,785 28,217
Loss (gain) on sale and disposal of equipment 276 (1,356) 300 (1,597)
Severance costs 163 509 612 654
Total operating expenses 151,886 132,562 302,651 262,215
INCOME FROM OPERATIONS 13,465 15,137 24,716 24,536
OTHER EXPENSES        
Interest expense 13,475 13,150 27,042 26,065
Other income (1,344) (689) (2,491) (2,060)
Total other expenses 12,131 12,461 24,551 24,005
INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF JOINT VENTURES 1,334 2,676 165 531
Provision for income taxes (421) (337) (666) (484)
Equity in earnings of joint ventures 1,986 1,267 3,248 2,751
NET INCOME 2,899 3,606 2,747 2,798
Net (loss) income attributable to noncontrolling interests (47) 85 (88) 153
NET INCOME ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 2,946 $ 3,521 $ 2,835 $ 2,645
BASIC NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 0.08 $ 0.09 $ 0.08 $ 0.07
DILUTED NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 0.07 $ 0.09 $ 0.07 $ 0.07
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic 37,761,316 37,357,840 37,715,723 37,308,038
Diluted 39,430,716 39,820,163 39,215,632 39,376,958