2015 Financials



Providence Service Corporation is a national leader in health risk assessment, workforce development, and community transportation services for adults, families, and the elderly through a variety of government-sponsored and healthcare services programs. Providence differentiates itself from its competitors through its mission to bring experts into the client's home or community-based settings as an efficient and economical alternative to institutional care. This approach enables us to reduce costs for such services while providing high-quality care to Providence clients.

For the year ended December 31: 2014 2013
Revenue $92,793 $98,367
Net Income $12,022 $16,483
Income from continuing operations $15,451 $16,881
Operating (non-GAAP) earnings* $16,702 $18,356
Earnings per share of common stock (continuing operations)
   Assuming dilution $15.59 $15.30
   Basic $15.68 $15.42
   Diluted operating (non-GAAP)* $16.53 $16.64
Net cash provided by operating activities $16,868 $17,485
Capital expenditures, net $3,779 $3,768
Share repurchases 13,679 13,859
Cash dividends pain on common stock $4,265 $4,058
   Per share of common stock $4.25 $3.70
At December 31: 2014 2013
Cash, cash equivalents, and marketable securities $8,476 $11,066
Total assets $117,532 $126,223
Working capital $9,822 $11,196
Total debt $40,804 $39,718
Total equity $12,014 $22,929
Common shares outstanding (in millions) $991 $1,054
Market capitalization $158,920 $197,772
Stock price per common share $160.44 $187.57

   Rethinking

2015 Accomplishments