Last10K.com

American Dental Partners Inc (ADPI) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2006

SEC Filings

American Dental Partners Inc

CIK: 1028087 Ticker: ADPI

Exhibit 99.1

American Dental Partners, Inc.

201 Edgewater Drive, Suite 285

Wakefield, MA 01880

Phone: 781/224-0880                             Fax: 781/224-4216

For Immediate Release

 

Contacts:

  

Gregory A. Serrao

  

Breht T. Feigh

  

Chairman, President and

  

Executive Vice President,

  

Chief Executive Officer

  

Chief Financial Officer and Treasurer

  

781-224-0880

  

781-224-0880

AMERICAN DENTAL PARTNERS

REPORTS FOURTH QUARTER AND YEAR-END 2006 FINANCIAL RESULTS AND

ANNOUNCES AMENDED CREDIT FACILITY

WAKEFIELD, MASSACHUSETTS, February 21, 2007-American Dental Partners, Inc. (NASDAQ:ADPI) announced financial results today for the quarter and the year ended December 31, 2006.

Comparing the fourth quarter of 2006 with the fourth quarter of 2005:

 

 

 

Net revenue was $54,931,000 as compared to $49,783,000, an increase of 10%.

 

 

 

Earnings from operations were $4,930,000 as compared to $4,722,000, an increase of 4%. Excluding stock-based compensation expense from 2006 results (discussed below), earnings from operations increased 12%.

 

 

 

Net earnings were $2,746,000 as compared to $2,640,000, an increase of 4%. Excluding stock-based compensation expense from 2006 results (discussed below), net earnings increased 13%.

 

 

 

Diluted net earnings per share were $0.21, as compared to $0.21. Excluding stock-based compensation expense from 2006 results (discussed below), diluted net earnings per share increased 10%.

 

 

 

Diluted cash net earnings per share were $0.28 as compared to $0.27, an increase of 4%. Excluding stock-based compensation expense from 2006 results (discussed below), diluted cash net earnings per share increased 7%.

Comparing the twelve months of 2006 with the same period in 2005:

 

 

 

Net revenue was $217,917,000 as compared to $196,928,000, an increase of 11%.

 

 

 

Earnings from operations were $20,182,000 as compared to $18,689,000, an increase of 8%. Excluding stock-based compensation expense from 2006 results (discussed below), earnings from operations increased 15%.

 

 

 

Net earnings were $11,134,000 as compared to $10,291,000, an increase of 8%. Excluding stock-based compensation expense from 2006 results (discussed below), net earnings increased 17%.


The following information was filed by American Dental Partners Inc (ADPI) on Thursday, February 22, 2007 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate American Dental Partners Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by American Dental Partners Inc.

Continue

Assess how American Dental Partners Inc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

American Dental Partners Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2007 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools
Ticker: ADPI
CIK: 1028087
Form Type: 10-K Annual Report
Accession Number: 0001193125-07-050868
Submitted to the SEC: Fri Mar 09 2007 4:01:53 PM EST
Accepted by the SEC: Fri Mar 09 2007
Period: Sunday, December 31, 2006
Industry: Health And Allied

External Resources:
Stock Quote
Social Media
SEC.gov

Bookmark the Permalink:
https://last10k.com/sec-filings/adpi/0001193125-07-050868.htm