Capital Senior Living reports revenue increase. (Filings).For the third quarter of 2001, Capital Senior Living Corp. reported earnings of 5 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , of which 3 cents were derived from operations and 2 cents per share represented a net gain from the disposition of two skilled nursing facilities skilled nursing facility n. Abbr. SNF An establishment that houses chronically ill, usually elderly patients, and provides long-term nursing care, rehabilitation, and other services. owned by an affiliated partnership with HealthCare Properties. Capital Senior Living reported thirdquarter revenues of $17 million, compared with $16 million for the same quarter of 2000-a 6 percent increase. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become for the third quarter of 2001 was $4.5 million, compared with $5.8 million in 2000. The lower EBITDA was due primarily to $1.2 million in development fees for 10 new communities and $0.5 million in nonrecurring Non`re`cur´ring a. 1. Nonrecurrent; as, the costs of a layoff are considered as a nonrecurring expense s>. costs associated with a facility sale. |
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