Exhibit 99.2
VISTACARE PROVIDES SUPPLEMENTAL INFORMATION TO FINANCIAL RESULTS
SCOTTSDALE, Ariz., December 14, 2006 — VistaCare, Inc. (Nasdaq: VSTA), a leading provider of hospice services in the United States, today provided supplemental information to the financial results issued earlier today. The supplemental information provided is unaudited fourth quarter 2006 information.
| | | | | |
| Company Contact: | | Investor Contacts: | | Media Contact: |
| Henry Hirvela | | Doug Sherk/Jenifer Kirtland | | Steve DiMattia |
| Chief Financial Officer | | EVC Group | | EVC Group |
| (480) 648-4545 | | (415) 896-6820 | | (646) 277-8706
|
ir@vistacare.com | | dsherk@evcgroup.com | | sdimattia@evcgroup.com |
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VISTACARE, INC
STATEMENT OF OPERATIONS
(unaudited)
| | | | | | | | | | | | | | | | | |
| | | QTD | | | QTD | | | YTD | | | YTD | |
| | | SEP-06 | | | SEP-05 | | | SEP-06 | | | SEP-05 | |
| Net patient revenue | | $ | 60,518 | | | $ | 53,885 | | | $ | 235,993 | | | $ | 225,432 | |
| Operating expenses: | | | | | | | | | | | | | | | | |
| Patient Care | | $ | 41,426 | | | $ | 40,665 | | | $ | 152,879 | | | $ | 147,211 | |
| Sales, General and Administrative Expenses | | | 22,523 | | | | 19,855 | | | | 84,198 | | | | 77,237 | |
| Depreciation and amortization | | | 1,138 | | | | 1,130 | | | | 4,948 | | | | 4,604 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Total operating expenses | | | 65,087 | | | | 61,650 | | | | 242,025 | | | | 229,052 | |
| Operating income (loss) | | | (4,569 | ) | | | (7,765 | ) | | | (6,032 | ) | | | (3,620 | ) |
| | | | | | | | | | | | | | | | | |
| Non-operating income (expense): | | | | | | | | | | | | | | | | |
| Interest income | | | 442 | | | | 363 | | | | 1,460 | | | | 1,212 | |
| Interest expense | | | (1 | ) | | | — | | | | (1 | ) | | | — | |
| Other expense | | | (136 | ) | | | (181 | ) | | | (454 | ) | | | (661 | ) |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Total non-operating income (expense) | | | 305 | | | | 182 | | | | 1,005 | | | | 551 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Net income (loss) before income taxes | | | (4,264 | ) | | | (7,583 | ) | | | (5,027 | ) | | | (3,069 | ) |
| Income tax expense (benefit) | | | 6,645 | | | | (2,507 | ) | | | 6,624 | | | | (812 | ) |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| Net income (loss) | | $ | (10,909 | ) | | $ | (5,076 | ) | | $ | (11,651 | ) | | $ | (2,257 | ) |
| | | | | | | | | | | | | |
| |
| Net income (loss) per common share: | | | | | | | | | | | | | | | | |
| Basic net income (loss) per common share | | $ | (0.66 | ) | | $ | (0.31 | ) | | $ | (0.71 | ) | | $ | (0.14 | ) |
| Diluted net income (loss) per common share | | $ | (0.66 | ) | | $ | (0.31 | ) | | $ | (0.71 | ) | | $ | (0.14 | ) |
