American Renal Associates Holdings, Inc. ARA Income Statement

American renal associates holdings, inc. (ARA)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15
Patient service operating revenues
823,942	822,522	824,249	818,539	811,239	805,776	0	0	0	-	-	-	-	-	-	-	-	657,505	0	0	0
Patient service operating revenues
-	-	-	-	-	-	-	-	-	737,318	741,341	745,774	765,636	772,221	0	0	0	-	-	-	-
Provision for uncollectible accounts
-	-	-	-	-	-	-	-	-	8,316	4,736	4,948	6,113	5,441	7,018	5,298	4,786	4,524	0	0	0
Net patient service operating revenues
-	-	-	-	-	-	-	-	-	729,002	736,605	740,826	759,523	766,780	746,057	721,864	687,209	652,981	0	0	0
Operating expenses:
Patient care costs
-	-	-	-	-	-	-	519,777	496,877	-	479,712	476,088	467,299	452,453	0	0	0	-	-	-	-
Patient care costs
616,220	610,179	601,724	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	0	0	0
General and administrative
90,387	91,081	93,290	99,126	101,633	101,101	98,650	96,067	95,851	102,093	120,448	131,766	137,587	127,921	107,623	93,642	81,690	77,250	0	0	0
Depreciation, amortization and impairment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional Fees
-	-	-	-	-	-	-	0	0	-	-	0	-	2,239	0	0	0	-	-	-	-
Transaction-related costs
-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Depreciation, amortization and impairment
-	-	40,927	40,730	-	39,802	39,200	38,615	38,183	37,634	37,140	36,389	35,259	33,862	33,620	32,603	31,782	31,846	0	0	0
Certain legal and other matters (Note 15)
22,820	25,824	24,334	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
771,653	770,849	762,842	751,226	765,865	750,454	725,895	698,980	647,900	638,794	652,468	659,972	653,075	623,254	581,460	548,520	519,856	502,131	0	0	0
Operating income
52,289	51,673	61,407	67,313	45,374	55,322	59,406	68,520	91,107	90,208	84,137	80,854	106,448	143,526	164,597	173,344	167,353	150,850	0	0	0
Interest expense, net
-	-	-	-	-	-	-	-30,105	-29,157	-	-29,425	-29,542	-31,305	-35,959	0	0	0	-	-	-	-
Interest expense, net
45,849	43,587	40,775	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-
Change in fair value of income tax receivable agreement
238	221	-2,132	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of income tax receivable agreement
-	-	-	-	-	-	-	6,073	1,696	-	18,026	6,606	0	-	0	0	-	-	-	-	-
Loss before income taxes
6,678	8,307	26,863	33,319	16,825	25,363	27,322	44,488	63,120	67,607	56,203	61,783	76,238	104,145	125,272	117,010	121,152	105,450	0	0	0
Income tax (benefit) expense
-22,284	-17,838	-1,333	9,638	6,667	2,896	5,205	9,092	9,582	9,471	-3,499	-8,245	-5,200	2,479	8,276	12,535	14,665	12,373	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
28,962	26,145	28,196	23,681	10,158	22,467	22,117	35,396	53,538	58,136	59,702	70,028	81,438	101,666	116,996	104,475	106,487	93,077	0	0	0
Less: Net income attributable to noncontrolling interests
39,507	39,935	42,648	43,644	45,602	51,234	55,210	60,259	59,815	62,733	68,475	73,525	86,935	98,520	97,934	94,080	83,997	74,232	0	0	0
Net Income (Loss) Attributable to Parent
-10,545	-13,790	-14,452	-19,963	-35,444	-28,767	-33,093	-24,863	-6,277	-4,597	-8,773	-3,497	-5,497	3,146	19,062	10,395	22,490	18,845	0	0	0
Less: Change in the difference between the redemption value and estimated fair value for accounting purposes of the related noncontrolling interests
7,516	7,999	2,112	1,531	3,804	2,566	102	-1,037	599	11,503	9,138	13,036	20,474	10,067	0	0	0	-	-	-	-
Net loss attributable to common shareholders
-18,061	-21,789	-16,564	-21,494	-39,248	-31,333	-33,195	-23,826	-6,876	-16,100	-17,911	-16,533	-25,971	-6,921	0	0	0	-	-	-	-
Loss per share (Note 12):
Basic (in USD per share)
-0.23	-0.22	0.11	-0.22	-0.35	-0.06	-0.04	-0.78	-0.10	-0.11	0.26	-0.26	-0.41	-0.24	0.31	-0.61	0.29	0.30	0.19	0.23	0.13
Diluted (in USD per share)
-0.23	-0.22	0.11	-0.22	-0.35	-0.06	-0.04	-0.78	-0.10	-0.09	0.24	-0.26	-0.41	-0.23	0.30	-0.61	0.29	0.30	0.18	0.22	0.13
Weighted-average number of common shares outstanding
Basic (in shares)
32,459	32,352	32,281	32,275	32,187	32,124	32,005	31,932	31,800	31,337	31,095	30,986	30,907	30,988	30,865	28,406	22,213	22,210	22,171	22,124	22,107
Diluted (in shares)
32,459	31,016	33,618	32,275	32,187	32,124	32,005	31,932	31,800	28,599	33,833	30,986	30,907	29,845	31,436	28,406	22,785	22,791	22,773	22,657	22,609
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.30	-	-	-	-	-