v3.20.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 286,569 $ 31,672
Receivables:    
Patient accounts receivable 301,209 284,962
Other receivables 11,522 10,832
Total receivables, net 312,731 295,794
Prepaid income taxes 0 9,652
Prepaid expenses 22,058 21,304
Other current assets 25,664 21,852
Total current assets 647,022 380,274
Property, building and equipment, net of accumulated depreciation of $82,721 and $69,441, respectively 138,366 97,908
Goodwill 1,259,147 1,219,972
Intangible assets, net of accumulated amortization of $17,659 and $16,431, respectively 315,355 305,556
Assets held for sale 1,900 2,500
Operating lease right of use asset 100,046 95,452
Other assets 21,518 38,633
Total assets 2,483,354 2,140,295
Current liabilities:    
Accounts payable and other accrued liabilities 64,864 83,572
Salaries, wages and benefits payable 88,666 85,631
Self insurance reserves 35,103 31,188
Government stimulus advance 93,257 0
Contract liabilities - deferred revenue 317,962 0
Current operating lease payable 32,676 28,701
Amounts due to governmental entities 1,516 1,880
Income taxes payable 21,464 0
Current liabilities - deferred employer payroll tax 25,928 0
Total current liabilities 681,436 230,972
Deferred income taxes 47,237 60,498
Income taxes payable 6,203 3,867
Revolving credit facility 20,000 253,000
Other long term liabilities 25,928 0
Operating lease payable 70,275 69,556
Total liabilities 851,079 617,893
Noncontrolling interest-redeemable 18,921 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; 36,355,497 and 36,129,280 shares issued, and 31,139,840 and 30,992,390 shares outstanding, respectively 364 361
Treasury stock – 5,215,657 and 5,136,890 shares at cost, respectively (69,011) (60,060)
Additional paid-in capital 962,120 949,321
Retained earnings 635,297 523,701
Total LHC Group, Inc. stockholders’ equity 1,528,770 1,413,323
Noncontrolling interest – non-redeemable 84,584 93,928
Total stockholders’ equity 1,613,354 1,507,251
Total liabilities and stockholders’ equity $ 2,483,354 $ 2,140,295

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