NOTE 16 - QUARTERLY RESULTS OF OPERATIONS (unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

NOTE 16 QUARTERLY RESULTS OF OPERATIONS (unaudited)

The following table sets forth a summary of our unaudited quarterly operating results for each of the last eight quarters in the years ended December 31, 2012 and 2011.  This quarterly data has been derived from our unaudited consolidated interim financial statements which, in our opinion, have been prepared on substantially the same basis as the audited financial statements contained elsewhere in this report and include all normal recurring adjustments necessary for a fair presentation of the financial information for the periods presented. These unaudited quarterly results should be read in conjunction with our financial statements and notes thereto included elsewhere in this report. The operating results in any quarter are not necessarily indicative of the results that may be expected for any future period (in thousands except for earnings per share).

	2012 Quarter Ended												2011 Quarter Ended
	Mar 31			June 30			Sept 30			Dec 31			Mar 31			June 30			Sept 30			Dec 31
Statement of Operations Data:
Net service fee revenue	$	162,016		$	165,351		$	160,453		$	159,333		$	139,052		$	147,699		$	143,021		$	155,349
Total operating expenses		150,765			151,886			146,613			152,661			129,653			132,562			132,041			140,204
Total other expenses		12,420			12,131			9,738			13,038			11,544			12,461			11,736			11,982
Equity in earnings of joint ventures		1,262			1,986			909			2,319			1,484			1,267			1,038			1,435
Provision for income taxes		(245	)		(421	)		(30	)		60,606			(147	)		(337	)		(234	)		(102	)
Net income (loss)		(152	)		2,899			4,981			56,559			(808	)		3,606			48			4,496
Net income (loss) attributable to noncontrolling interests		(41	)		(47	)		(72	)		(70	)		68			85			9			(51	)
Net income (loss) attributable to Radnet, Inc. common stockholders	$	(111	)	$	2,946		$	5,053		$	56,629		$	(876	)	$	3,521		$	39		$	4,547
Basic net income (loss) attributable to Radnet, Inc. common stockholders earnings (loss) per share:	$	(0.00	)	$	0.07		$	0.13		$	1.47		$	(0.02	)	$	0.09		$	0.00		$	0.12
Diluted net income (loss) attributable to Radnet, Inc. common stockholders earnings (loss) per share:	$	(0.00	)	$	0.07		$	0.12		$	1.42		$	(0.02	)	$	0.09		$	0.00		$	0.12
Weighted average shares outstanding
Basic		37,670			37,761			38,340			38,349			37,258			37,358			37,426			37,426
Diluted		37,670			39,431			39,861			39,796			37,258			39,820			38,470			38,059