v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 172,752 $ 31,672
Receivables:    
Patient accounts receivable 324,587 284,962
Other receivables 10,674 10,832
Total receivables 335,261 295,794
Prepaid income taxes 6,330 9,652
Prepaid expenses 23,740 21,304
Other current assets 26,698 21,852
Total current assets 564,781 380,274
Property, building and equipment, net of accumulated depreciation of $74,486 and $69,441, respectively 123,408 97,908
Goodwill 1,234,145 1,219,972
Intangible assets, net of accumulated amortization of $17,070 and $16,431, respectively 310,548 305,556
Assets held for sale 1,900 2,500
Operating lease right of use asset 100,834 95,452
Other assets 21,483 38,633
Total assets 2,357,099 2,140,295
Current liabilities:    
Accounts payable and other accrued liabilities 70,138 83,572
Salaries, wages, and benefits payable 86,405 85,631
Self-insurance reserves 34,438 31,188
Government stimulus advance 44,273 0
Contract liabilities - deferred revenue 310,712 0
Current operating lease liabilities 34,838 28,701
Amounts due to governmental entities 2,186 1,880
Total current liabilities 582,990 230,972
Deferred income taxes 70,959 60,498
Income taxes payable 6,373 3,867
Revolving credit facility 30,000 253,000
Other long term liabilities 17,818 0
Operating lease payable 68,858 69,556
Total liabilities 776,998 617,893
Noncontrolling interest — redeemable 21,998 15,151
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; 36,327,819 and 36,129,280 shares issued, and 31,121,968 and 30,992,390 shares outstanding, respectively 363 361
Treasury stock — 5,205,851 and 5,136,890 shares at cost, respectively (68,654) (60,060)
Additional paid-in capital 955,119 949,321
Retained earnings 590,417 523,701
Total LHC Group, Inc. stockholders’ equity 1,477,245 1,413,323
Noncontrolling interest — non-redeemable 80,858 93,928
Total stockholders' equity 1,558,103 1,507,251
Total liabilities and stockholders' equity $ 2,357,099 $ 2,140,295

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