v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 29,516 $ 286,569
Receivables:    
Patient accounts receivable 333,088 301,209
Other receivables 21,543 11,522
Total receivables 354,631 312,731
Prepaid taxes 12,509 0
Prepaid income taxes 11,575 0
Prepaid expenses 22,048 22,058
Other current assets 21,320 25,664
Total current assets 451,599 647,022
Property, building and equipment, net of accumulated depreciation of $94,344 and $82,721, respectively 150,909 138,366
Goodwill 1,603,360 1,259,147
Intangible assets, net of accumulated amortization of $18,701 and $17,659, respectively 350,528 315,355
Assets held for sale 0 1,900
Operating lease right of use asset 111,550 100,046
Other assets 44,740 21,518
Total assets 2,712,686 2,483,354
Current liabilities:    
Accounts payable and other accrued liabilities 83,159 64,864
Salaries, wages, and benefits payable 82,994 88,666
Self-insurance reserves 35,094 35,103
Income tax payable 0 21,464
Government stimulus advance 0 93,257
Contract liabilities - deferred revenue 176,333 317,962
Current operating lease liabilities 35,964 32,676
Amounts due to governmental entities 785 1,516
Current liabilities - deferred employer payroll tax 26,774 25,928
Total current liabilities 441,103 681,436
Deferred income taxes 70,593 47,237
Income taxes payable 6,848 6,203
Revolving credit facility 355,000 20,000
Other long term liabilities 26,774 25,928
Long-term operating lease liabilities 78,445 70,275
Total liabilities 978,763 851,079
Noncontrolling interest — redeemable 17,730 18,921
Commitments and contingencies
LHC Group, Inc. stockholders’ equity:    
Preferred stock – $0.01 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock — $0.01 par value; 60,000,000 shares authorized; 36,540,219 and 36,355,497 shares issued, and 31,263,385 and 31,139,840 shares outstanding, respectively 365 364
Treasury stock — 5,276,834 and 5,215,657 shares at cost, respectively (80,605) (69,011)
Additional paid-in capital 974,680 962,120
Retained earnings 735,333 635,297
Total LHC Group, Inc. stockholders’ equity 1,629,773 1,528,770
Noncontrolling interest — non-redeemable 86,420 84,584
Total stockholders' equity 1,716,193 1,613,354
Total liabilities and stockholders' equity $ 2,712,686 $ 2,483,354

Source

PDF HTML
10-Q Filing
ZIP XLS HTML
XBRL