Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net service revenue $ 571,495 $ 524,835
Revenue, Product and Service [Extensible List] Service [Member]  
Cost of service revenue (excluding depreciation and amortization) $ 350,388 310,272
Cost, Product and Service [Extensible List] Service [Member]  
Gross margin $ 221,107 214,563
General and administrative expenses 184,359 163,249
Impairment of intangibles and other 1,229 177
Operating income 35,519 51,137
Interest expense (4,171) (263)
Income before income taxes and noncontrolling interest 31,348 50,874
Income tax expense 6,369 9,441
Net income 24,979 41,433
Less net income attributable to noncontrolling interests 5,525 6,774
Net income attributable to LHC Group, Inc.’s common stockholders $ 19,454 $ 34,659
Earnings per share:    
Basic (usd per share) $ 0.64 $ 1.11
Diluted (usd per share) $ 0.64 $ 1.10
Weighted average shares outstanding:    
Basic (in shares) 30,478 31,165
Diluted (in shares) 30,603 31,432