v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 112,108 $ 286,569
Receivables:    
Patient accounts receivable 329,166 301,209
Other receivables 9,214 11,522
Amounts due from governmental entities 149 0
Total receivables 338,529 312,731
Prepaid income taxes 13,739 0
Prepaid expenses 26,542 22,058
Other current assets 18,749 25,664
Total current assets 509,667 647,022
Property, building and equipment, net of accumulated depreciation of $90,652 and $82,721, respectively 145,314 138,366
Goodwill 1,259,726 1,259,147
Intangible assets, net of accumulated amortization of $18,261 and $17,659, respectively 313,638 315,355
Assets held for sale 1,900 1,900
Operating lease right of use asset 105,201 100,046
Other assets 31,679 21,518
Total assets 2,367,125 2,483,354
Current liabilities:    
Accounts payable and other accrued liabilities 56,888 64,864
Salaries, wages, and benefits payable 88,030 88,666
Self-insurance reserves 31,140 35,103
Income tax payable 0 21,464
Government stimulus advance 0 93,257
Contract liabilities - deferred revenue 252,936 317,962
Current operating lease liabilities 33,081 32,676
Amounts due to governmental entities 1,608 1,516
Current liabilities - deferred employer payroll tax 25,928 25,928
Total current liabilities 489,611 681,436
Deferred income taxes 66,726 47,237
Income taxes payable 6,625 6,203
Revolving credit facility 0 20,000
Other long term liabilities 25,928 25,928
Long-term operating lease liabilities 74,993 70,275
Total liabilities 663,883 851,079
Noncontrolling interest — redeemable 18,589 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; 36,525,831 and 36,355,497 shares issued, and 31,252,929 and 31,139,840 shares outstanding, respectively 365 364
Treasury stock — 5,272,902 and 5,215,657 shares at cost, respectively (79,765) (69,011)
Additional paid-in capital 969,897 962,120
Retained earnings 707,599 635,297
Total LHC Group, Inc. stockholders’ equity 1,598,096 1,528,770
Noncontrolling interest — non-redeemable 86,557 84,584
Total stockholders' equity 1,684,653 1,613,354
Total liabilities and stockholders' equity $ 2,367,125 $ 2,483,354

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