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BIRNER DENTAL MANAGEMENT - Fundamentalanalyse - Jahresbericht / Bilanz / Geschäftsbericht

BIRNER DENTAL MANAGEMENT SERVICES INC (ISIN: US0912832005, WKN: 634349) Kursdatum: 20.07.2017 Kurs: 12,750 USD
Beschreibung Daten
Symbol BDMS
Marktkapitalisierung 23.719.080,00 USD
Land Vereinigte Staaten von Amerika
Indizes NASDAQ Comp.
Sektor Pharma
Rohdaten nach US GAAP in Millionen USD
Aktiensplits 2005-08-09 - 2:1 | 2001-02-27 - 1:4 |
Internet
Letztes Bilanz Update 31.03.2017

Fundamentaldaten

Fundamental Verhältnisse errechnet am: 20.07.2017
KFCV KCV DIV Rendite GKR EKQ KGV KUV KBV
36,49 16,02 0,00% -7,37 2,30 -17,23 0,38 55,12

Firmenbeschreibung

(12)QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)The following summarizes certain quarterly results of operations:  Revenue  Contribution From Dental Offices  Net Income (Loss)  Net Income (Loss) Per Share of Common Stock - Diluted 2013 quarter ended:            March 31, 2013 $16,604,302  $1,573,553  $241,314  $0.13 June 30, 2013  16,436,292   1,648,484   179,560   0.10 September 30, 2013  16,061,071   1,001,951   955   - December 31, 2013  15,004,209   674,484   (332,656)  (0.18)                   $64,105,874  $4,898,472  $89,173  $0.05                  2014 quarter ended:                March 31, 2014 $16,806,398  $1,331,850  $49,331  $0.03 June 30, 2014  16,876,523   1,167,005   (59,241)  (0.03)September 30, 2014  16,100,844   755,273   (402,688)  (0.22)December 31, 2014  15,341,835   417,832   (511,036)  (0.27)                   $65,125,600  $3,671,960  $(923,634) $(0.50)                 2015 quarter ended:                March 31, 2015 $16,587,524  $1,083,650  $(45,876) $(0.02)June 30, 2015  16,354,629   966,695   (57,493)  (0.03)September 30, 2015  15,852,756   494,811   (226,636)  (0.12)December 31, 2015  15,048,928   353,339   (374,665)  (0.21)                   $63,843,837  $2,898,495  $(704,670) $(0.38)

Firmenstrategie

RevenueRecognitionPolicyTextBlock

Revenue


Revenue is generally recognized when services are provided and are reported at estimated net realizable amounts due from insurance companies, preferred provider and health maintenance organizations (i.e., third-party payors) and patients for services rendered, net of contractual and other adjustments.  Dental services are billed and collected by the Company in the name of the Offices.


Revenue under certain third-party payor agreements is subject to audit and retroactive adjustments. To management's knowledge, there are no material claims, disputes or other unsettled matters that exist concerning third-party reimbursements.


During 2013, 2014 and 2015, 8.8%, 8.0% and 7.4%, respectively, of the Company's revenue was derived from capitated managed dental care contracts. Under these contracts, the Offices receive a fixed monthly payment for each covered plan member for a specific schedule of services regardless of the quantity or cost of services provided by the Offices. Additionally, the Offices may receive co-pays from the patient for certain services provided.  Revenue from the Company’s capitated managed dental care contracts is recognized as earned on a monthly basis.


Substantially all of the Company’s patients are insured under third-party payor agreements. The Company’s billing system generates contractual adjustments for each patient encounter based on fee schedules for the patient’s insurance plan.  The services provided are attached to the patient’s fee schedule based on the insurance the patient has at the time the service is provided.  Therefore, the revenue that is recorded by the billing system is based on insurance contractual amounts. Additionally, each patient at the time of service signs a form agreeing that the patient is ultimately responsible for the contracted fee if the insurance company does not pay the fee for any reason.

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EarningsPerSharePolicyTextBlock

Earnings Per Share


The Company calculates earnings (loss) per share (“EPS”) in accordance with ASC Topic 260, “Earnings Per Share”.  The standard requires presentation of two categories of EPS – basic EPS and diluted EPS.  Basic EPS excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the year. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue Common Stock were exercised or converted into Common Stock or resulted in the issuance of Common Stock that then shared in the earnings of the Company.


   
2013
   
2014
   
2015
 
   
Net Income
   
Weighted
Average
Shares
   
Per
Share
Amount
   
Net Loss
   
Weighted
Average
Shares
   
Per
Share
Amount
   
Net Loss
   
Weighted
Average
Shares
   
Per
Share
Amount
 
                                                       
Basic EPS
 
$
89,173
     
1,850,257
   
$
0.05
   
$
(923,634)
 
   
1,858,650
   
(0.50)
 
$
(704,670)
 
   
1,860,246
   
(0.38)
 
                                                                         
Effect of Dilutive Stock Options
   
-
     
10,831
             
-
     
-
             
-
     
-
         
                                                                         
Diluted EPS
 
$
89,173
     
1,861,088
   
$
0.05
   
$
(923,634)
 
   
1,858,650
   
(0.50)
 
 
$
(704,670)
 
   
1,860,246
   
(0.38)
 


The difference between basic EPS and diluted EPS for the year ended December 31, 2013 relates to the effect of 10,831 shares of dilutive shares of Common Stock from stock options, which are included in total shares for the diluted calculation determined under the treasury stock method as prescribed by ASC Topic 718, “Compensation – Stock Compensation”.  For the years ended December 31, 2013, 2014 and 2015, options to purchase 422,166, 484,516 and 456,235 shares, respectively, of the Company’s Common Stock were not included in the computation of diluted EPS because their effect was anti-dilutive.