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Consolidated Statements of Income (USD $)
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating expenses:    
Selling, general and administrative $ 325,066  
Income (loss) before income taxes (325,066)  
Income tax expense (benefit) (126,776)  
Net income (loss) (198,290)  
Weighted average shares outstanding - basic and diluted 100  
(Loss) earnings per share - basic and diluted (in dollars per share) $ (1,982.90)  
Premier Healthcare Solutions, Inc.
   
Net revenue:    
Net administrative fees 143,576,000 117,489,000
Other services and support 53,252,000 48,147,000
Services 196,828,000 165,636,000
Products 43,748,000 32,930,000
Net revenue 240,576,000 198,566,000
Cost of revenue:    
Services 27,488,000 24,080,000
Products 40,038,000 30,152,000
Cost of revenue 67,526,000 54,232,000
Gross profit 173,050,000 144,334,000
Operating expenses:    
Selling, general and administrative 62,318,000 55,732,000
Research and development 852,000 3,638,000
Amortization of purchased intangible assets 601,000 385,000
Operating expenses 63,771,000 59,755,000
Operating income 109,279,000 84,579,000
Equity in net income of unconsolidated affiliates 4,114,000 [1] 2,781,000 [1]
Interest and investment income, net 220,000 224,000
Gain on disposal of assets 4,000 0
Other income, net 4,338,000 3,005,000
Income (loss) before income taxes 113,617,000 87,584,000
Income tax expense (benefit) 891,000 2,517,000
Net income (loss) 112,726,000 85,067,000
Add: Net loss attributable to noncontrolling interest in SVS, LLC 210,000 305,000
Less: Net income attributable to noncontrolling interest in Premier LP (113,214,000) (83,116,000)
Net income attributable to noncontrolling interest (113,004,000) (82,811,000)
Net (loss) income attributable to parent $ (278,000) $ 2,256,000
Weighted average shares outstanding - basic and diluted 5,627,000 6,090,000
(Loss) earnings per share - basic and diluted (in dollars per share) $ (0.05) $ 0.37
[1] Represents equity in net income from unconsolidated affiliates generated by the Company's 50% ownership interest in Innovatix, LLC ("Innovatix"), a privately held limited liability company that provides group purchasing services to alternate site providers in specific classes of trade, all of which is included in the supply chain services segment.