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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUE:        
Dental practice revenue $ 15,571,178 $ 15,012,532 $ 31,043,913 $ 30,175,979
Capitation revenue 1,305,345 1,423,760 2,639,008 2,864,617
Total Revenue 16,876,523 16,436,292 33,682,921 33,040,596
DIRECT EXPENSES:        
Clinical salaries and benefits 9,934,075 9,693,407 19,827,441 19,405,946
Dental supplies 761,999 731,596 1,453,692 1,438,245
Laboratory fees 892,775 798,331 1,696,778 1,558,708
Occupancy 1,459,529 1,453,961 2,917,923 2,911,538
Advertising and marketing 239,324 215,408 469,249 578,237
Depreciation and amortization 1,026,816 838,363 1,994,079 1,658,244
General and administrative 1,395,000 1,056,742 2,824,904 2,267,645
Total Direct Expenses 15,709,518 14,787,808 31,184,066 29,818,563
Contribution from dental offices 1,167,005 1,648,484 2,498,855 3,222,033
CORPORATE EXPENSES:        
General and administrative 1,179,881 [1] 1,297,830 [1] 2,349,025 [2] 2,402,819 [2]
Depreciation and amortization 56,655 49,497 111,294 95,750
OPERATING INCOME/(LOSS) (69,531) 301,157 38,536 723,464
Interest expense, net 27,584 6,798 54,778 33,513
INCOME/(LOSS) BEFORE INCOME TAXES (97,115) 294,359 (16,242) 689,951
Income tax expense/(benefit) (37,874) 114,799 (6,334) 269,081
NET INCOME/(LOSS) $ (59,241) $ 179,560 $ (9,908) $ 420,870
Net income/(loss) per share of Common Stock - Basic (in dollars per share) $ (0.03) $ 0.10 $ (0.01) $ 0.23
Net income/(loss) per share of Common Stock - Diluted (in dollars per share) $ (0.03) $ 0.10 $ (0.01) $ 0.23
Cash dividends per share of Common Stock (in dollars per share) $ 0.22 $ 0.22 $ 0.44 $ 0.44
Weighted average number of shares of Common Stock and dilutive securities:        
Basic (in shares) 1,860,089 1,851,598 1,857,288 1,849,118
Diluted (in shares) 1,860,089 1,863,855 1,857,288 1,861,020
[1] Corporate expense - general and administrative includes $106,573 of stock-based compensation expense pursuant to ASC Topic 718 for the quarter ended June 30, 2013 and $69,606 of stock-based compensation expense pursuant to ASC Topic 718 for the quarter ended June 30, 2014.
[2] Corporate expense - general and administrative includes $237,581 of stock-based compensation expense pursuant to ASC Topic 718 for the six months ended June 30, 2013 and $170,035 of stock-based compensation expense pursuant to ASC Topic 718 for the six months ended June 30, 2014.