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EX-99.1 - EX-99.1 - U S PHYSICAL THERAPY INC /NVh72114exv99w1.htm
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 9, 2010 (April 9, 2010)
U.S. PHYSICAL THERAPY, INC.
(Exact name of registrant as specified in its charter)
         
Nevada   1-11151   76-0364866
         
(State or other jurisdiction of
incorporation or organization)
  (Commission File
Number)
  (I.R.S. Employer
Identification No.)
     
1300 West Sam Houston Parkway South,
Suite 300, Houston, Texas
  77042
     
(Address of Principal Executive Offices)   (Zip Code)
Registrant’s telephone number, including area code: (713) 297-7000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


TABLE OF CONTENTS

Item 7.01 Regulation FD Disclosure
Item 9.01 Financial Statements and Exhibits
SIGNATURE
INDEX TO EXHIBITS
EX-99.1


Table of Contents

Item 7.01 Regulation FD Disclosure
The Company’s Letter to Shareholders (“Shareholder Letter”), which was mailed to the Company’s shareholders on April 9, 2010 with its Proxy Statement and Annual Report on Form 10-K for the year ended December 31, 2009, is attached as Exhibit 99.1.
The Shareholder Letter contains a certain non-GAAP financial measure as defined under Regulation G of the rules and regulations of the SEC. The non-GAAP financial measure contained in the Shareholder Letter includes a reference to adjusted EBITDA. Adjusted EBITDA equals net income before interest, taxes, depreciation and amortization and equity compensation expense. See the footnote, noted by *, included at the end of the Shareholder Letter for a reconciliation of net income to adjusted EBITDA. Management believes providing this non-GAAP financial information to investors is useful information for comparing the Company’s period-to-period results.
Pursuant to the rules of the Securities and Exchange Commission, the information contained in this report shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any filings by the Company under such Act or the Securities Act of 1933, as amended.
Item 9.01 Financial Statements and Exhibits
(a) None.
(b) None.
(c) Exhibits
     
Exhibits   Description of Exhibits
99.1
  2009 Letter to Shareholders

 


Table of Contents

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  U.S. PHYSICAL THERAPY, INC.
 
 
Dated: April 9, 2010   By:   /s/ LAWRANCE W. MCAFEE    
    Lawrance W. McAfee   
    Chief Financial Officer
(duly authorized officer and principal financial
and accounting officer)  
 
 

 


Table of Contents

INDEX TO EXHIBITS
     
EXHIBIT   DESCRIPTION OF EXHIBIT
99.1
  2009 Letter to Shareholders