Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

v3.20.4
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of Segment Information
The following tables summarize the Company’s segment information for the twelve months ended December 31, 2020, 2019 and 2018 (amounts in thousands):
 
  Year Ended December 31, 2020
  Home Health Hospice Home and Community-Based Facility-Based HCI Total
Net service revenue $ 1,463,779  $ 243,806  $ 194,584  $ 128,578  $ 32,457  $ 2,063,204 
Cost of service revenue (excluding depreciation and amortization) 848,663  150,675  150,378  85,827  14,860  1,250,403 
General and administrative expenses 464,568  66,454  45,443  43,435  12,947  632,847 
Impairment of intangibles and other 1,249  600  —  —  —  1,849 
Operating income (loss) 149,299  26,077  (1,237) (684) 4,650  178,105 
Interest expense (2,856) (469) (390) (297) (117) (4,129)
Income (loss) before income taxes and noncontrolling interests 146,443  25,608  (1,627) (981) 4,533  173,976 
Income tax expense (benefit) 30,435  4,925  (357) (185) 1,225  36,043 
Net income (loss) 116,008  20,683  (1,270) (796) 3,308  137,933 
Less net income (loss) attributable to noncontrolling interests 20,525  4,822  (171) 1,193  (32) 26,337 
Net income (loss) attributable to LHC Group, Inc.’s common stockholders $ 95,483  $ 15,861  $ (1,099) $ (1,989) $ 3,340  $ 111,596 
Total assets $ 1,741,044  $ 301,475  $ 263,708  $ 103,401  $ 73,726  $ 2,483,354 

 
  Year Ended December 31, 2019
  Home Health Hospice Home and Community-Based Facility-Based HCI Total
Net service revenue $ 1,503,393  $ 226,922  $ 208,455  $ 111,809  $ 29,662  $ 2,080,241 
Cost of service revenue (excluding depreciation and amortization) 939,035  140,177  157,817  73,274  14,584  1,324,887 
General and administrative expenses 437,276  61,190  44,025  38,358  15,157  596,006 
Impairment of intangibles and other 7,443  291  —  —  —  7,734 
Operating income (loss) 119,639  25,264  6,613  177  (79) 151,614 
Interest expense (7,762) (1,269) (1,112) (678) (334) (11,155)
Income (loss) before income taxes and noncontrolling interests 111,877  23,995  5,501  (501) (413) 140,459 
Income tax expense (benefit) 21,147  4,353  1,394  (204) (83) 26,607 
Net income (loss) 90,730  19,642  4,107  (297) (330) 113,852 
Less net income (loss) attributable to noncontrolling interests 14,651  3,979  (906) 435  (33) 18,126 
Net income (loss) attributable to LHC Group, Inc.’s common stockholders $ 76,079  $ 15,663  $ 5,013  $ (732) $ (297) $ 95,726 
Total assets $ 1,486,012  $ 244,105  $ 249,524  $ 91,337  $ 69,317  $ 2,140,295 


 
  Year Ended December 31, 2018
  Home Health Hospice Home and Community-Based Facility-Based HCI Total
Net service revenue $ 1,291,457  $ 199,118  $ 172,501  $ 113,784  $ 33,103  $ 1,809,963 
Cost of service revenue (excluding depreciation and amortization) 802,006  130,991  130,660  76,899  15,801  1,156,357 
General and administrative expenses 378,124  60,933  40,467  39,638  18,754  537,916 
Impairment of intangibles and other 1,816  186  (6) 554  2,139  4,689 
Operating income (loss) 109,511  7,008  1,380  (3,307) (3,591) 111,001 
Interest expense (7,060) (1,529) (76) (545) (469) (9,679)
Income (loss) before income taxes and noncontrolling interests 102,451  5,479  1,304  (3,852) (4,060) 101,322 
Income tax expense (benefit) 22,711  1,227  420  (1,136) (823) 22,399 
Net income (loss) 79,740  4,252  884  (2,716) (3,237) 78,923 
Less net income (loss) attributable to noncontrolling interests 13,361  1,764  (275) 589  (90) 15,349 
Net income (loss) attributable to LHC Group, Inc.’s common stockholders $ 66,379  $ 2,488  $ 1,159  $ (3,305) $ (3,147) $ 63,574 
Total assets $ 1,336,988  $ 209,680  $ 236,072  $ 70,261  $ 75,714  $ 1,928,715