COMMUNITY HEALTH SYSTEMS INC CYH Income Statement

Community health systems inc (CYH)

Income statement / Quarterly

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	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Operating revenues (net of contractual allowances and discounts)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,354	-	-	-	-	-	-
Operating revenues (net of contractual allowances and discounts)
-	-	-	-	-	-	-	-	-	-	-	4,823	5,168	-	5,084	5,290	5,754	5,724	5,580	5,614	5,646	5,640	5,538	5,508	4,875	3,680	3,710	3,711	3,752	3,520	3,696	3,746	3,783	3,596	3,395	3,433	2,954	3,257	3,159	3,080	3,125	3,086	3,016
Provision for bad debts
-	-	-	-	-	-	-	-	-	-	-	679	682	-	704	700	755	926	734	732	735	722	758	743	699	500	536	520	478	439	484	503	486	389	450	433	399	402	387	367	373	378	362
Net operating revenues
3,025	3,286	3,246	3,302	3,376	3,453	3,451	3,562	3,689	3,057	3,666	4,144	4,486	4,469	4,380	4,590	4,999	4,798	4,846	4,882	4,911	4,918	4,780	4,765	4,176	3,180	3,174	3,191	3,274	3,080	3,212	3,242	3,297	-	2,945	3,000	-	-	-	-	-	-	-
Operating costs and expenses:
Salaries and benefits
1,408	1,448	1,469	1,488	1,542	1,534	1,585	1,617	1,648	1,671	1,724	1,920	2,061	2,086	2,067	2,154	2,317	2,277	2,240	2,217	2,257	2,221	2,184	2,221	1,992	1,510	1,514	1,528	1,555	1,444	1,525	1,497	1,524	1,310	1,393	1,384	1,379	1,325	1,267	1,231	1,269	1,239	1,201
Supplies
498	528	526	539	558	582	565	592	616	-	610	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplies
-	-	-	-	-	-	-	-	-	-	-	697	749	-	723	759	799	774	762	750	762	764	730	736	632	506	482	493	494	480	484	489	498	445	459	449	457	443	434	430	429	428	419
Other operating expenses
737	787	812	893	811	848	858	879	911	879	911	1,017	1,057	993	1,026	1,056	1,173	1,152	1,144	1,125	1,099	1,070	1,118	1,115	1,019	704	705	713	696	666	694	736	708	565	623	654	614	592	576	559	567	567	567
Government and other legal settlements and related costs
-2	-58	-26	-4	-5	-3	-2	-1	-5	-2	-1	-7	41	-	-10	-	-	-5	-1	-6	8	-	77	-	-	-	98	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Electronic health records incentive reimbursement
-	-	-	-	-	2	1	0	1	3	2	17	6	16	5	31	18	25	54	55	26	47	88	84	40	54	65	24	19	49	30	16	26	22	40	0	0	-	-	-	-	-	-
Lease cost and rent
81	81	79	81	80	80	83	85	89	88	93	104	109	110	109	112	119	113	115	113	116	115	110	111	98	69	70	70	70	61	68	66	67	56	64	62	63	61	62	60	63	62	61
Depreciation and amortization
144	151	151	153	153	169	173	177	181	196	206	223	236	261	265	276	298	297	288	291	296	291	279	281	255	196	193	192	190	177	182	179	174	162	161	161	158	151	147	149	146	143	142
Amortization of software to be abandoned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	33	42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment and loss on sale of businesses, net
45	68	-1	33	38	354	112	174	28	1,760	33	80	250	224	39	1,639	17	-	-	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
2,915	3,120	3,062	3,191	3,187	3,568	3,377	3,525	3,477	5,209	3,576	4,031	4,415	4,394	4,234	5,965	4,705	4,652	4,495	4,441	4,512	4,479	4,410	4,413	3,998	2,947	2,997	2,972	2,986	2,781	2,924	2,952	2,947	2,517	2,661	2,711	2,673	1,446	2,875	2,799	2,850	2,819	2,755
Income from operations
110	166	184	111	189	-115	74	37	212	-2,152	90	113	71	75	146	-1,375	294	146	351	441	399	439	370	352	178	233	177	219	288	299	287	290	349	290	283	288	280	280	284	280	275	267	261
Interest expense, net
-262	-260	-259	-265	-257	-257	-256	-235	-228	-225	-238	-239	-229	-232	-233	-246	-251	-251	-242	-239	-241	-244	-249	-255	-224	-1,077	154	154	156	-1,083	158	151	152	156	159	163	163	163	162	160	160	161	161
Loss from early extinguishment of debt
-4	-23	0	0	-31	-2	-27	64	-4	-5	-4	-10	-21	-	-	-30	-	0	1	-9	-8	0	0	0	-73	0	0	0	-1	0	-52	0	-63	-	-	-	0	-	-	-	-	-0	-0
Gain on sale of investments in unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	94	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of unconsolidated affiliates
7	2	3	5	5	5	5	5	7	3	5	5	3	5	4	14	20	12	12	21	18	13	12	12	11	6	12	9	16	9	7	13	12	11	8	12	18	12	9	10	12	7	11
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-149	-115	-72	-149	-94	-369	-204	-129	-13	-2,379	-147	-131	-176	-152	-83	-1,543	63	-92	121	214	168	232	133	109	-132	90	35	74	147	140	84	151	145	78	132	137	135	128	131	131	127	112	111
(Benefit from) provision for income taxes
-183	230	-74	-3	7	-70	104	-38	-7	-	-59	-15	-	37	-29	-138	26	-52	38	74	56	66	39	33	-56	27	7	21	49	42	25	49	45	15	36	44	44	36	43	42	40	37	37
Loss from continuing operations
-	-	-	-	-	-	-	-	-	-2,004	-88	-116	-176	-189	-54	-1,405	37	-40	83	140	112	166	94	76	-76	63	28	53	98	97	58	102	99	62	95	92	91	92	88	88	86	75	74
Discontinued operations, net of taxes:
Loss from operations of entities sold or held for sale
-	-	-	-	-	-	-	-	-	-3	-1	-1	-1	-	-2	-1	-	-5	-5	-6	-11	-3	1	-1	-4	-7	-6	-6	-2	-11	0	0	-0	-10	-3	0	-1	-0	-3	-2	-1	-	-0
Impairment of hospitals sold or held for sale
-	-	-	-	-	-	-	-	-	-	1	5	-	7	0	0	1	3	0	1	1	27	0	5	18	-	-	-	-	-	-	-	-	0	0	39	8	-	-	-	-	-	-
Loss on sale, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-3	0	-1	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	0	-3	-	0	-	-	-	-
Loss from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-3	-2	-6	-1	-11	-2	-1	-1	-9	-8	-6	-13	-30	1	-6	-22	-11	-6	-6	-2	-11	0	0	-0	-9	-3	-39	-13	-0	-3	-2	-1	-	-0
Net income (loss)
34	-345	2	-146	-101	-299	-308	-91	-6	-2,007	-90	-122	-177	-200	-56	-1,406	36	-49	75	134	99	136	95	70	-98	52	22	47	96	85	58	102	99	53	92	53	78	92	84	86	84	75	73
Less: Net income attributable to noncontrolling interests
16	28	19	21	17	29	17	19	19	6	20	15	22	21	23	26	25	35	23	23	20	36	33	28	14	24	18	17	17	22	14	18	23	22	18	18	17	22	14	16	14	15	14
Net income (loss) attributable to Community Health Systems, Inc. stockholders
18	-373	-17	-167	-118	-328	-325	-110	-25	-2,013	-110	-137	-199	-221	-79	-1,432	11	-84	52	111	79	100	62	42	-112	28	4	30	79	62	44	83	75	30	74	35	61	69	70	70	70	59	59
Earnings (loss) per share attributable to Community Health Systems, Inc. common stockholders:
Basic
0.15	-3.27	-0.15	-1.47	-1.04	-2.92	-2.88	-0.97	-0.22	-18.01	-0.98	-1.22	-1.79	-2.02	-0.71	-12.91	0.10	-0.72	0.45	0.96	0.69	0.95	0.55	0.37	-1.05	0.29	0.04	0.32	0.87	0.69	0.50	0.94	0.85	0.35	0.83	0.39	0.67	0.77	0.77	0.75	0.76	0.66	0.66
Diluted
0.15	-3.27	-0.15	-1.47	-1.04	-2.92	-2.88	-0.97	-0.22	-18.01	-0.98	-1.22	-1.79	-2.02	-0.71	-12.91	0.10	-0.70	0.44	0.95	0.68	0.96	0.54	0.37	-1.05	0.29	0.04	0.32	0.86	0.69	0.49	0.93	0.85	0.34	0.83	0.39	0.67	0.76	0.76	0.74	0.75	0.65	0.65
Basic loss per share attributable to Community Health Systems, Inc. common stockholders:
Continuing operations
-	-	-	-	-	-	-	-	-	-17.98	-0.96	-1.17	-1.78	-1.93	-0.69	-12.90	0.11	-0.65	0.52	1.02	0.80	1.19	0.55	0.43	-0.84	0.41	0.11	0.39	0.89	0.81	0.50	0.94	0.86	0.46	0.87	0.82	0.82	0.78	0.80	0.77	0.78	0.66	0.66
Discontinued operations
-	-	-	-	-	-	-	-	-	-0.02	-0.02	-0.06	-0.01	-0.09	-0.02	-0.01	-0.01	-0.07	-0.07	-0.06	-0.11	-0.24	0.00	-0.06	-0.21	-0.12	-0.07	-0.06	-0.02	-0.12	0.00	0.00	-0.01	-0.11	-0.04	-0.43	-0.15	0.00	-0.03	-0.02	-0.02	-	-0.01
Diluted loss per share attributable to Community Health Systems, Inc. common stockholders:
Continuing operations
-	-	-	-	-	-	-	-	-	-17.98	-0.96	-1.17	-1.78	-1.93	-0.69	-12.90	0.11	-0.63	0.51	1.01	0.79	1.20	0.54	0.42	-0.84	0.40	0.11	0.38	0.88	0.82	0.49	0.93	0.85	0.47	0.86	0.81	0.81	0.75	0.80	0.76	0.77	0.65	0.66
Discontinued operations
-	-	-	-	-	-	-	-	-	-0.02	-0.02	-0.06	-0.01	-0.09	-0.02	-0.01	-0.01	-0.07	-0.07	-0.06	-0.11	-0.24	0.00	-0.06	-0.21	-0.12	-0.07	-0.06	-0.02	-0.12	0.00	0.00	-0.01	-0.11	-0.04	-0.43	-0.14	0.00	-0.03	-0.02	-0.02	-	-0.01
Weighted-average number of shares outstanding:
Basic
114	113	113	113	113	112	112	112	112	111	111	111	111	110	110	110	110	112	115	115	114	113	113	112	106	93	93	92	91	89	89	89	88	88	89	91	91	90	91	93	91	90	90
Diluted
114	113	113	113	113	112	112	112	112	111	111	111	111	110	110	110	110	113	116	116	115	115	114	113	106	94	94	94	91	90	90	89	88	88	89	91	92	91	92	94	92	92	91