v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 27,400 $ 9,809
Receivables:    
Patient accounts receivable 342,068 348,820
Other receivables 13,304 13,780
Amounts due from governmental entities 483 0
Total receivables 355,855 362,600
Prepaid income taxes 19,613 7,531
Prepaid expenses 20,556 28,401
Other current assets 36,166 24,801
Total current assets 459,590 433,142
Property, building and equipment, net of accumulated depreciation of $106,541 and $98,394, respectively 155,978 153,959
Goodwill 1,751,430 1,748,426
Intangible assets, net of accumulated amortization of $21,902 and $19,152, respectively 397,121 400,002
Operating lease right of use asset 109,925 113,399
Other assets 63,830 46,693
Total assets 2,937,874 2,895,621
Current liabilities:    
Accounts payable and other accrued liabilities 124,222 98,118
Salaries, wages, and benefits payable 94,432 100,532
Self-insurance reserves 41,302 33,784
Contract liabilities - deferred revenue 8,222 106,489
Current operating lease payable 36,929 37,630
Amounts due to governmental entities 3,034 5,447
Current liabilities - deferred employer payroll tax 26,790 26,790
Total current liabilities 334,931 408,790
Deferred income taxes 80,691 70,026
Income taxes payable 7,754 7,320
Revolving credit facility 759,000 661,197
Long-term operating lease liabilities 75,971 78,688
Total liabilities 1,258,347 1,226,021
Noncontrolling interest — redeemable 17,210 17,501
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; 36,703,550 and 36,549,524 shares issued, and 30,567,333 and 30,634,414 shares outstanding, respectively 367 365
Treasury stock — 6,136,217 and 5,915,110 shares at cost, respectively (194,390) (164,790)
Additional paid-in capital 990,247 979,642
Retained earnings 781,063 751,025
Total LHC Group, Inc. stockholders’ equity 1,577,287 1,566,242
Noncontrolling interest — non-redeemable 85,030 85,857
Total stockholders' equity 1,662,317 1,652,099
Total liabilities and stockholders' equity $ 2,937,874 $ 2,895,621

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