Amedisys inc (AMED)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Net service revenue

491,700

500,700

494,600

493,000

467,300

434,438

417,300

411,600

399,262

397,989

373,704

374,946

364,661

348,142

361,595

360,746

348,817

338,367

326,450

314,152

301,572

300,528

300,281

305,006

298,739

303,497

301,285

315,960

328,602

342,592

364,343

363,068

370,833

320,438

370,288

368,424

359,314

361,074

404,680

422,349

412,967

376,389

388,257

377,892

341,838

321,561

312,671

Cost of service, excluding depreciation and amortization

285,700

295,548

288,700

290,752

275,300

262,291

249,700

242,600

238,309

239,261

227,269

220,541

216,329

213,915

212,124

206,505

201,837

192,483

186,772

175,699

170,961

171,374

170,159

172,520

177,008

179,336

175,233

177,760

185,667

192,642

206,970

202,586

208,506

171,616

202,093

189,426

187,304

174,337

206,302

209,293

204,059

178,522

183,619

178,437

165,039

151,122

148,754

General and administrative expenses:
Salaries and benefits

101,566

101,325

99,941

98,356

94,830

84,309

79,367

77,215

75,631

79,406

77,130

74,943

74,459

75,902

77,019

77,343

76,717

69,628

69,993

71,249

68,555

68,465

69,461

71,400

83,171

73,806

73,906

75,012

79,840

78,340

78,711

82,983

87,077

72,459

85,092

78,695

83,388

75,590

89,712

88,586

86,967

73,476

87,260

82,055

73,025

72,124

72,751

Non-cash compensation

5,909

6,549

6,298

5,538

6,615

5,247

4,842

3,767

4,044

4,512

3,558

4,356

3,874

3,845

4,750

3,736

4,070

4,187

3,060

2,193

2,384

2,400

1,697

1,069

431

1,586

1,653

1,224

2,056

1,153

1,284

2,298

2,482

27

3,150

3,205

1,910

2,317

2,636

3,168

2,513

2,108

820

2,779

2,141

1,923

1,268

Other

49,265

48,150

48,474

48,408

43,402

42,778

40,335

42,104

41,680

39,757

38,189

41,617

40,417

45,097

42,658

45,576

46,717

46,452

39,551

42,113

33,070

33,406

32,018

35,522

42,698

41,457

40,308

41,378

41,848

45,559

46,760

45,632

44,394

42,652

46,711

45,221

44,296

39,509

54,852

52,431

45,015

41,098

43,765

42,425

42,266

40,641

40,044

Depreciation and amortization

5,300

5,900

4,400

5,200

2,900

3,400

3,200

3,100

3,600

3,961

4,185

4,537

4,417

5,038

5,214

4,975

4,473

4,238

4,646

4,615

6,537

6,198

6,515

7,692

7,902

8,565

8,925

9,411

9,970

9,697

9,771

9,678

10,054

9,419

9,659

9,550

9,180

8,465

8,832

8,279

8,186

7,030

7,481

6,919

6,282

5,885

5,419

Provision for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,471

4,253

3,940

4,683

3,638

2,756

2,976

2,975

4,183

4,242

4,894

3,445

3,944

4,639

3,854

5,127

5,487

4,534

5,863

2,912

4,354

2,266

3,114

4,671

5,261

4,463

4,345

3,234

4,578

5,737

6,166

6,228

5,682

Securities Class Action Lawsuit settlement, net

-

-

-

-

-

-

-

-

-

-

0

28,712

-

-

0

0

-

-

-

-

-

-

-

-

-

-

150,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,075

0

75,193

899

0

0

2,208

5,664

1,542

2,286

0

-

-

-

-

-

574,114

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses

447,800

459,161

447,800

448,200

423,000

397,930

377,400

368,800

363,300

368,215

350,331

374,706

339,496

334,543

347,236

342,388

337,754

321,671

309,735

298,625

359,676

285,717

284,033

292,445

318,312

313,859

455,511

311,710

323,235

494,621

348,983

347,711

358,376

304,926

925,173

328,363

329,192

304,889

367,595

366,220

351,085

305,468

327,523

318,352

294,919

277,923

273,918

Operating income

43,900

41,600

46,800

44,800

44,300

36,395

39,900

42,800

36,005

29,722

23,373

240

25,165

13,520

14,359

18,358

11,063

16,696

16,715

15,527

-58,104

14,811

16,248

12,561

-19,573

-10,362

-154,226

4,250

5,367

-152,029

15,360

15,357

12,457

15,512

-554,885

40,061

30,122

56,185

37,085

56,129

61,882

70,921

60,734

59,540

46,919

43,638

38,753

Other income (expense):
Interest income

13

19

15

20

24

15

29

114

120

54

44

41

19

30

14

9

22

38

7

4

22

48

24

16

6

14

18

11

11

12

10

28

15

6

18

89

118

61

197

92

85

52

28

52

81

200

270

Interest expense

3,231

3,056

3,778

4,332

3,349

1,536

1,991

2,140

1,703

1,431

1,335

1,197

1,068

1,613

1,136

1,303

1,112

1,005

4,936

2,416

2,426

2,614

2,990

1,352

1,261

1,934

672

714

1,092

6,058

1,982

2,002

2,074

2,095

2,187

2,254

2,252

2,163

2,277

2,350

2,411

2,575

2,682

2,958

3,455

5,033

5,448

Equity in earnings from equity method investments

477

1,218

-812

3,716

1,216

1,231

1,625

2,976

1,860

232

900

2,355

-106

1,986

3,244

363

-5

1,122

1,924

4,826

1,951

756

563

885

787

466

354

337

363

604

390

396

305

380

325

466

323

706

788

734

788

622

655

642

424

-

-

Gain on sale of care centers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Miscellaneous, net

263

-367

1,975

193

236

458

1,822

359

601

487

1,043

1,127

1,112

621

1,713

658

735

5,785

1,330

498

2,134

1,518

110

243

190

-1,741

6,553

-537

59

3,640

-9

-126

429

49

-172

-376

-295

-709

-42

-1,576

33

-616

324

301

354

-186

148

Total other expense, net

-2,478

-2,186

-2,600

-403

-1,873

168

1,485

1,309

878

-658

652

2,326

-43

1,024

3,835

-273

-360

5,940

-1,675

2,912

1,681

-292

-2,293

-208

-278

-3,195

6,253

-903

-659

-1,802

-1,591

-1,704

-1,325

-1,660

-2,016

-2,075

-2,106

-2,105

-1,334

-3,100

-1,505

-2,517

-1,675

-1,963

-2,596

-5,019

-5,030

Income before income taxes

41,392

39,367

44,244

44,348

42,451

36,595

41,373

44,137

36,883

29,088

24,025

2,566

25,122

14,584

18,194

18,085

10,703

22,636

15,040

18,439

-56,423

14,519

13,955

12,353

-19,851

-13,557

-147,973

3,347

4,708

-153,831

13,769

13,653

11,132

13,852

-556,901

37,986

28,016

54,080

35,751

53,029

60,377

68,404

59,059

57,577

44,323

38,619

33,723

Income tax expense

9,346

11,395

9,919

10,308

10,878

8,875

9,825

10,596

9,563

32,776

9,364

-1,963

9,923

5,577

6,693

7,242

4,388

9,564

6,465

7,566

-21,591

5,188

5,358

4,743

-7,618

-5,038

-56,928

1,342

1,851

-33,638

3,332

5,666

4,620

5,892

-134,686

14,997

11,058

21,042

13,943

20,663

23,547

26,101

23,033

22,455

17,286

15,144

13,337

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,331

8,597

7,610

-12,233

-8,519

-91,045

2,005

2,857

-120,193

10,437

7,987

6,512

7,960

-422,215

22,989

16,958

-

-

-

-

-

-

-

-

-

-

Discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

61

-277

-1,459

-733

-157

-724

-1,814

-442

-21

-1,049

-3,640

-1,482

-1,278

-1,634

-

-

-

-

-

-

-

-

-

-

Net income

32,046

27,969

34,325

34,040

31,573

27,720

31,548

33,541

27,320

-3,706

14,661

4,529

15,199

8,972

11,501

10,843

6,315

13,072

8,575

10,873

-34,832

9,331

8,597

7,671

-12,510

-9,978

-91,778

1,848

2,133

-122,007

9,995

7,966

5,463

4,320

-423,697

21,711

15,324

22,269

21,808

32,366

36,830

38,038

36,026

35,122

27,037

23,475

20,386

Net income attributable to noncontrolling interests

244

314

193

298

269

259

171

192

161

142

103

68

69

55

66

147

102

161

135

236

177

196

158

52

-93

-349

-709

7

-546

-15,195

73

84

43

6

25

55

36

171

174

164

184

246

86

39

15

-18

2

Net income attributable to Amedisys, Inc.

31,802

27,622

34,132

33,742

31,304

27,415

31,377

33,349

27,159

-3,848

14,558

4,461

15,130

8,917

11,435

10,696

6,213

12,911

8,440

10,637

-35,009

9,135

8,439

7,619

-12,417

-9,629

-91,069

1,841

2,679

-106,812

9,922

7,882

5,420

4,314

-423,722

21,656

15,288

22,098

21,634

32,202

36,646

37,792

35,940

35,083

27,022

23,493

20,384

Basic earnings per common share:
Income (loss) from continuing operations attributable to Amedisys, Inc. common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.28

0.26

0.24

-0.38

-0.28

-2.87

0.06

0.11

-3.50

0.34

0.26

0.22

0.23

-14.68

0.80

0.60

-

-

-

-

-

-

-

-

-

-

Discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

-0.01

-0.06

-0.02

0.00

-0.02

-0.06

-0.01

0.00

-0.04

-0.13

-0.05

-0.04

-0.06

-

-

-

-

-

-

-

-

-

-

Net income attributable to Amedisys, Inc. common stockholders, basic (usd per share)

0.98

0.86

1.06

1.05

0.98

0.85

0.99

1.00

0.80

-0.11

0.43

0.13

0.45

0.27

0.34

0.32

0.19

0.41

0.25

0.32

-1.07

0.28

0.26

0.24

-0.39

-0.34

-2.89

0.06

0.09

-3.56

0.33

0.26

0.18

0.10

-14.73

0.76

0.54

0.78

0.77

1.15

1.32

-

1.31

-

1.01

0.88

0.77

Weighted average shares outstanding, basic (shares)

32,331

32,281

32,211

32,075

32,001

31,939

31,815

33,439

33,971

33,898

33,838

33,637

33,443

33,366

33,309

33,197

32,920

33,201

33,128

33,004

32,739

32,621

32,468

32,251

31,864

31,683

31,505

31,160

30,640

30,360

30,055

29,780

29,389

29,011

28,770

28,625

28,366

28,105

28,096

28,106

27,821

27,606

27,340

27,124

26,854

26,556

26,341

Diluted earnings per common share:
Income (loss) from continuing operations attributable to Amedisys, Inc. common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.29

0.26

0.23

-0.38

-0.28

-2.87

0.06

0.11

-3.50

0.34

0.26

0.22

0.25

-14.68

0.79

0.59

-

-

-

-

-

-

-

-

-

-

Discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

-0.01

-0.06

-0.02

0.00

-0.02

-0.06

-0.01

0.00

-0.04

-0.13

-0.05

-0.04

-0.06

-

-

-

-

-

-

-

-

-

-

Net income attributable to Amedisys, Inc. common stockholders, diluted (usd per share)

0.96

0.84

1.03

1.02

0.95

0.82

0.96

0.98

0.79

-0.11

0.42

0.13

0.44

0.25

0.34

0.32

0.19

0.41

0.25

0.32

-1.07

0.29

0.26

0.23

-0.39

-0.34

-2.89

0.06

0.09

-3.56

0.33

0.26

0.18

0.12

-14.73

0.75

0.53

0.77

0.76

1.13

1.29

-

1.29

-

0.99

0.87

0.76

Weighted average shares outstanding, diluted (shares)

33,234

33,132

33,002

32,933

32,893

32,974

32,691

34,179

34,592

34,451

34,363

34,329

34,073

33,925

33,823

33,708

33,508

32,243

33,631

33,459

32,739

33,900

32,934

32,594

31,864

30,890

31,505

31,489

31,104

29,355

30,423

30,026

29,780

28,125

28,770

29,010

28,867

28,481

28,499

28,597

28,359

28,290

27,912

27,541

27,293

27,018

26,811

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,135

8,439

7,558

-12,140

-8,170

-90,336

1,998

3,403

-104,998

10,364

7,903

6,469

7,954

-422,240

22,934

16,922

-

-

-

-

-

-

-

-

-

-

Discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

61

-277

-1,459

-733

-157

-724

-1,814

-442

-21

-1,049

-3,640

-1,482

-1,278

-1,634

-

-

-

-

-

-

-

-

-

-

Net income attributable to Amedisys, Inc.

31,802

27,622

34,132

33,742

31,304

27,415

31,377

33,349

27,159

-3,848

14,558

4,461

15,130

8,917

11,435

10,696

6,213

12,911

8,440

10,637

-35,009

9,135

8,439

7,619

-12,417

-9,629

-91,069

1,841

2,679

-106,812

9,922

7,882

5,420

4,314

-423,722

21,656

15,288

22,098

21,634

32,202

36,646

37,792

35,940

35,083

27,022

23,493

20,384