U S PHYSICAL THERAPY INC

Ticker: USPH CUSIP: 90337L108 Class: Common Stock

Global Alpha Capital Management Ltd.'s Holding History (CIK: 0001584691)

Note: Option positions (PUT/CALL) are excluded.

Q3 2018

Shares 54,352 Value ($000) $6,446 Avg Close $112.96 Range $95.50 - $129.65

Q2 2018

Shares 59,852 Value ($000) $5,746 Avg Close $92.75 Range $80.80 - $101.75

Q1 2018

Shares 60,852 Value ($000) $4,947 Avg Close $77.50 Range $71.70 - $87.50

Q4 2017

Shares 53,952 Value ($000) $3,895 Avg Close $68.22 Range $61.65 - $73.65

Q3 2017

Shares 65,740 Value ($000) $4,040 Avg Close $60.91 Range $56.50 - $66.80

Q2 2017

Shares 35,064 Value ($000) $2,118 Avg Close $63.88 Range $59.24 - $68.10

Q1 2017

Shares 32,864 Value ($000) $2,146 Avg Close $70.88 Range $62.60 - $78.00

Q4 2016

Shares 71,764 Value ($000) $5,038 Avg Close $63.60 Range $51.96 - $72.65

Q3 2016

Shares 73,664 Value ($000) $4,619 Avg Close $61.67 Range $57.76 - $64.89

Q2 2016

Shares 92,364 Value ($000) $5,561 Avg Close $54.82 Range $46.39 - $61.31

Q1 2016

Shares 66,464 Value ($000) $3,305 Avg Close $49.71 Range $45.62 - $54.35

Q4 2015

Shares 69,464 Value ($000) $3,729 Avg Close $50.11 Range $43.18 - $55.75

Q3 2015

Shares 31,216 Value ($000) $1,401 Avg Close $49.86 Range $42.59 - $56.37

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	54,352	$6,446	$112.96	$95.50 - $129.65
Q2 2018	59,852	$5,746	$92.75	$80.80 - $101.75
Q1 2018	60,852	$4,947	$77.50	$71.70 - $87.50
Q4 2017	53,952	$3,895	$68.22	$61.65 - $73.65
Q3 2017	65,740	$4,040	$60.91	$56.50 - $66.80
Q2 2017	35,064	$2,118	$63.88	$59.24 - $68.10
Q1 2017	32,864	$2,146	$70.88	$62.60 - $78.00
Q4 2016	71,764	$5,038	$63.60	$51.96 - $72.65
Q3 2016	73,664	$4,619	$61.67	$57.76 - $64.89
Q2 2016	92,364	$5,561	$54.82	$46.39 - $61.31
Q1 2016	66,464	$3,305	$49.71	$45.62 - $54.35
Q4 2015	69,464	$3,729	$50.11	$43.18 - $55.75
Q3 2015	31,216	$1,401	$49.86	$42.59 - $56.37