v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net service revenue $ 487,320 $ 517,842 $ 1,000,191 $ 1,020,427
Cost of service revenue (excluding depreciation and amortization) 306,712 325,860 627,914 646,852
Gross margin 180,608 191,982 372,277 373,575
General and administrative expenses 150,574 148,584 308,440 293,805
Impairment of intangibles and other 600 1,018 600 7,337
Government stimulus income (44,435) 0 (44,435) 0
Operating income 73,869 42,380 107,672 72,433
Interest expense (841) (2,885) (3,609) (5,937)
Income before income taxes and noncontrolling interest 73,028 39,495 104,063 66,496
Income tax expense 15,227 9,557 18,586 13,157
Net income 57,801 29,938 85,477 53,339
Less net income attributable to noncontrolling interests 13,109 4,938 18,761 9,483
Net income attributable to LHC Group, Inc.’s common stockholders $ 44,692 $ 25,000 $ 66,716 $ 43,856
Earnings per share:        
Basic (usd per share) $ 1.44 $ 0.81 $ 2.15 $ 1.42
Diluted (usd per share) $ 1.43 $ 0.80 $ 2.13 $ 1.41
Weighted average shares outstanding:        
Basic (in shares) 31,104 30,960 31,060 30,899
Diluted (in shares) 31,324 31,201 31,301 31,188
Revenue, Product and Service [Extensible List]     us-gaap:ServiceMember  
Cost, Product and Service [Extensible List]     us-gaap:ServiceMember  

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