Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

v3.19.3.a.u2
Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Segment Information
The following tables summarize the Company’s segment information for the twelve months ended December 31, 2019, 2018 and 2017 (amounts in thousands):
 
 
 
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



 
 
 
Year Ended December 31, 2017
 
 
Home Health
 
Hospice
 
Home and Community-Based
 
Facility-Based
 
HCI
 
Total
Net service revenue
 
$
777,583

 
$
157,287

 
$
46,159

 
$
81,573

 
$

 
$
1,062,602

Cost of service revenue (excluding depreciation and amortization)
 
482,179

 
103,969

 
35,244

 
54,418

 

 
675,810

General and administrative expenses
 
229,264

 
45,516

 
9,946

 
25,813

 

 
310,539

Impairment of intangibles and other
 
1,612

 
22

 

 
(63
)
 

 
1,571

Operating income
 
64,528

 
7,780

 
969

 
1,405

 

 
74,682

Interest expense
 
(2,546
)
 
(511
)
 
(191
)
 
(104
)
 

 
(3,352
)
Income before income taxes and noncontrolling interests
 
61,982

 
7,269

 
778

 
1,301

 

 
71,330

Income tax expense
 
9,509

 
1,057

 
156

 
222

 

 
10,944

Net income
 
52,473

 
6,212

 
622

 
1,079

 

 
60,386

Less net income attributable to noncontrolling interests
 
9,102

 
1,248

 
(111
)
 
35

 

 
10,274

Net income attributable to LHC Group, Inc.’s common stockholders
 
$
43,371

 
$
4,964

 
$
733

 
$
1,044

 
$

 
$
50,112

Total assets
 
$
534,385

 
$
155,230

 
$
48,216

 
$
55,871

 
$

 
$
793,702