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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
NET REVENUE    
Service fee revenue, net of contractual allowances and discounts $ 200,842 $ 165,030
Provision for bad debts (10,304) (7,475)
Net service fee revenue 190,538 157,555
Revenue under capitation arrangements 25,850 23,712
Total net revenue 216,388 181,267
OPERATING EXPENSES    
Cost of operations, excluding depreciation and amortization 196,826 168,921
Depreciation and amortization 16,412 14,294
Loss on sale and disposal of equipment 0 (38)
Severance costs 167 36
Total operating expenses 213,405 183,213
INCOME (LOSS) FROM OPERATIONS 2,983 (1,946)
OTHER INCOME AND EXPENSES    
Interest expense 10,681 9,996
Meaningful use incentive (2,808) (3,270)
Equity in earnings of joint ventures (2,279) (1,102)
Other expenses (income) 2 (3)
Total other expenses 5,596 5,621
LOSS BEFORE INCOME TAXES (2,613) (7,567)
Benefit from income taxes 1,180 3,091
NET LOSS (1,433) (4,476)
Net income attributable to noncontrolling interests 290 78
NET LOSS ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ (1,723) $ (4,554)
BASIC AND DILUTED LOSS PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ (0.04) $ (0.11)
WEIGHTED AVERAGE SHARES OUTSTANDING: Basic and Diluted 46,581,491 42,747,329