Diversicare healthcare services, inc. (DVCR)
Balance Sheet / TTM
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'11Dec'10
CURRENT ASSETS:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

4,163

2,710

3,940

2,986

2,465

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash

-

-

-

-

-

2,685

-

-

-

3,524

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

-

-

-

-

-

-

3,293

3,811

6,418

-

3,295

3,900

3,931

4,263

3,483

3,061

3,377

4,585

3,710

3,702

3,604

3,818

3,855

4,071

3,755

3,781

3,419

3,965

2,365

5,930

7,357

6,868

6,454

6,692

7,748

8,786

8,862

Accounts Receivable, after Allowance for Credit Loss, Current

59,455

60,521

62,036

67,984

63,864

66,257

65,927

63,591

62,212

64,929

63,867

64,633

66,916

62,152

39,978

40,075

40,264

43,819

44,276

47,496

43,480

41,272

42,067

42,678

41,331

32,658

27,838

33,838

32,197

24,631

26,896

26,658

28,260

25,787

25,573

27,584

23,801

Self-insurance receivables, current portion

1,831

1,011

1,672

2,350

1,775

4,475

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other receivables

2,409

2,534

-

-

-

1,191

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other receivables

-

-

1,849

1,336

1,169

-

1,551

1,456

1,128

375

1,115

1,519

1,149

1,193

1,352

2,085

1,269

1,407

1,353

1,278

443

862

899

1,187

872

1,118

772

1,070

712

1,397

1,123

1,078

782

1,739

-

-

424

Prepaid expenses and other current assets

3,894

5,056

4,278

3,861

4,489

4,659

3,829

3,672

3,671

3,248

3,164

2,959

3,115

3,623

3,853

2,922

2,529

2,223

2,441

2,633

2,702

2,339

2,339

1,925

2,132

2,442

2,838

3,184

3,215

3,729

6,027

2,967

3,007

3,440

4,986

5,273

4,102

Deposit in escrow

-

-

-

-

-

-

-

-

-

-

-

8,673

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax refundable

664

484

778

474

553

1,115

862

1,298

569

537

525

490

0

431

378

321

605

347

559

672

694

559

515

747

1,194

763

843

0

2,182

1,215

1,254

339

827

1,058

1,789

233

1,439

Current assets of discontinued operations

-

-

0

0

0

155

20

20

20

45

45

42

28

28

44

44

38

36

67

32

37

73

390

2,913

239

2,870

1,970

7

8

4,649

132

-

-

563

-

646

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,405

7,426

7,944

7,999

-

-

-

7,016

-

-

-

6,579

-

-

-

5,305

-

-

-

6,041

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,176

7,113

6,962

-

7,757

6,666

5,654

-

7,667

7,667

4,800

-

5,819

5,572

6,261

-

5,141

4,723

4,207

Total current assets

72,416

72,316

74,553

78,991

74,315

80,537

75,482

73,848

74,018

72,658

72,011

82,216

75,139

71,690

56,493

55,934

56,026

60,416

60,582

62,926

57,922

55,939

57,822

60,187

55,177

50,211

45,347

49,731

45,479

46,856

48,608

43,482

45,591

45,320

45,237

47,245

42,835

PROPERTY AND EQUIPMENT, at cost

133,701

132,775

131,326

141,156

139,954

127,644

137,430

135,485

133,754

147,549

145,416

133,802

131,038

128,822

125,356

123,856

122,487

114,383

109,484

108,221

107,279

98,869

97,605

95,310

104,573

93,572

102,395

109,012

92,033

82,675

89,785

93,364

92,534

88,021

89,342

85,632

78,690

Less accumulated depreciation and amortization

87,174

85,020

82,878

90,514

87,666

76,801

83,956

81,184

78,548

78,345

76,028

73,790

71,389

69,022

67,245

65,393

63,626

62,110

60,338

58,550

56,793

55,014

53,288

51,678

52,415

48,516

48,836

53,274

51,578

43,938

48,299

48,579

46,904

45,463

45,740

44,359

41,563

Discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

600

-

-

8,987

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,502

600

-

1,053

1,053

1,053

3,185

1,053

1,053

1,053

4,520

1,053

1,053

1,053

Property and equipment, net

46,527

47,755

48,448

50,642

52,288

50,843

53,474

54,301

55,206

69,204

69,388

60,012

59,649

59,800

58,111

58,463

58,861

52,273

49,146

49,671

50,486

43,855

44,917

52,134

52,758

54,043

54,612

56,791

41,508

41,922

42,539

45,838

46,683

47,078

44,655

42,326

38,180

OTHER ASSETS:
OTHER ASSETS:
Operating lease right-of-use assets

303,754

310,238

316,626

371,289

377,799

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquired leasehold interest, net

5,603

5,736

5,869

6,003

6,136

6,307

6,403

6,499

6,595

6,691

6,789

6,883

6,979

-

7,171

7,267

7,363

-

7,556

7,651

7,748

-

7,940

8,036

8,132

-

8,324

8,420

8,516

-

8,708

8,804

8,900

-

9,092

9,188

9,380

Deferred income taxes, net

-

-

0

0

17,022

15,851

15,891

15,052

15,020

15,154

21,092

20,757

20,785

21,185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,853

14,238

11,987

11,762

11,544

12,673

13,090

12,885

12,130

15,804

17,485

15,912

15,334

14,033

12,964

12,352

10,929

11,846

10,374

10,352

10,118

11,131

12,408

Deferred leasehold costs

-

-

0

0

0

206

279

114

125

137

149

167

180

193

196

208

219

382

1,532

1,635

1,686

1,692

1,839

1,860

1,926

1,914

2,179

2,289

1,624

1,438

1,446

-

-

1,318

-

-

-

Other noncurrent assets

2,896

4,323

3,644

3,342

3,309

3,244

7,503

5,106

3,656

3,725

2,990

3,045

-

3,108

-

-

-

-

4,108

27,095

27,537

-

28,492

33,314

34,742

33,490

34,539

33,830

27,165

26,185

24,517

25,616

23,976

24,346

24,816

25,994

24,941

Noncurrent assets of discontinued operations

-

-

0

-

-

2,256

13,299

13,269

13,228

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquired leasehold interest, net

-

-

-

-

-

-

-

-

-

-

-

-

-

7,075

-

-

-

7,459

-

-

-

7,844

-

-

-

8,228

-

-

-

8,612

-

-

-

8,996

-

-

-

Deferred financing and other costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,516

1,438

-

1,382

1,442

834

Investment in nonconsolidated affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

318

-

-

-

-

-

Total other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

31,561

-

-

22,415

24,395

-

4,490

4,442

29,295

6,180

6,217

6,713

5,698

8,146

8,632

3,878

3,317

3,211

3,132

3,264

3,680

4,224

4,233

2,319

Investment in unconsolidated affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

989

859

831

798

744

646

571

463

399

428

484

487

519

456

183

420

223

-

-

0

-

-

-

Noncurrent assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

-

-

1,251

-

-

-

-

-

-

-

-

-

-

-

Noncurrent assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

969

2

-

37

-

-

46

-

-

-

-

-

-

-

Other noncurrent assets

2,896

4,323

3,644

3,342

3,309

3,244

7,503

5,106

3,656

3,725

2,990

3,045

3,588

3,108

2,477

2,162

2,015

3,994

4,108

27,095

27,537

6,411

28,492

33,314

34,742

33,490

34,539

33,830

27,165

26,185

24,517

25,616

23,976

24,346

24,816

25,994

24,941

Total other assets

312,253

320,297

326,139

380,634

404,266

27,864

43,375

40,040

38,624

25,707

31,020

30,852

31,532

-

25,686

24,734

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,484

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

431,196

440,368

449,140

510,267

530,869

159,244

172,331

168,189

167,848

167,569

172,419

173,080

166,320

163,051

140,290

139,131

137,302

137,084

135,212

139,692

135,945

129,089

131,231

145,635

142,677

137,744

134,498

140,352

114,152

114,963

115,664

114,936

116,250

116,744

114,708

115,565

105,956

Liabilities, Current [Abstract]
Current portion of long-term debt and capitalized lease obligations, less deferred financing costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

7,715

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt and finance lease obligations

3,467

3,498

12,333

10,369

10,390

12,449

12,576

12,760

12,913

13,065

10,582

10,373

7,715

-

6,888

7,385

6,959

6,603

14,375

12,351

8,302

5,705

7,208

10,334

17,389

4,549

1,913

1,939

1,421

1,436

1,435

1,361

1,322

1,131

677

527

582

Current portion of operating lease liabilities

24,529

23,736

22,986

23,011

22,205

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts payable

13,651

14,641

14,401

16,112

15,137

15,659

14,146

14,969

13,775

14,080

13,051

10,859

13,913

12,972

10,014

11,392

10,101

10,136

8,335

8,845

8,928

8,121

7,863

9,356

8,420

7,177

6,777

5,842

5,370

3,603

4,810

4,280

3,927

3,871

4,556

5,103

3,120

Current liabilities of discontinued operations

-

-

0

0

0

86

461

461

462

461

461

440

430

427

428

417

382

345

365

427

317

482

136

8,823

544

1,359

587

41

2

2,209

95

-

-

218

-

-

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

715

-

-

-

-

-

-

-

-

-

Accrued expenses:
Payroll and employee benefits

17,111

16,780

16,969

17,444

17,643

19,471

20,131

20,059

18,890

20,013

20,178

18,857

18,538

20,108

13,698

14,929

14,009

14,404

15,788

15,691

15,293

14,642

14,200

13,203

12,191

12,255

10,336

12,681

11,714

11,048

11,249

11,697

13,172

13,475

12,688

11,696

11,047

Self-insurance reserves, current portion

14,254

13,829

12,235

12,590

10,881

13,158

13,051

9,044

9,134

8,792

10,099

10,196

10,157

9,401

9,745

9,608

9,975

10,224

11,835

12,026

12,077

11,833

12,159

12,777

12,455

11,711

12,091

11,309

9,435

9,175

8,478

-

-

8,470

-

-

-

Provider taxes

-

-

-

2,362

2,381

-

-

-

-

3,090

3,116

2,508

2,535

3,114

-

-

-

1,603

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of self-insurance reserves

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,132

8,720

-

8,093

8,278

7,379

Other current liabilities

11,158

11,545

11,468

7,866

6,697

9,522

8,361

7,284

8,859

4,766

5,960

5,299

3,863

4,432

6,378

5,627

4,553

4,049

6,232

5,479

4,932

6,359

6,024

4,829

4,537

5,116

4,719

4,861

3,760

3,722

4,381

4,208

3,517

2,720

4,624

3,860

4,479

Total current liabilities

84,170

84,029

90,392

89,754

85,334

70,345

68,726

64,577

64,033

64,267

63,447

58,532

57,212

58,169

47,151

49,358

45,979

47,364

56,930

54,819

49,849

47,142

47,590

59,322

55,536

42,167

36,423

37,388

31,702

31,193

30,448

29,678

30,658

29,885

30,638

29,464

26,607

Liabilities, Noncurrent [Abstract]
Long-term debt and finance lease obligations, less current portion and deferred financing costs, net

70,944

70,637

63,167

67,130

64,069

60,984

77,308

74,236

75,669

74,603

76,708

81,449

75,648

72,145

61,816

55,958

56,299

53,297

41,828

47,096

47,428

42,559

42,851

43,120

43,340

43,552

49,142

49,618

27,686

28,026

28,380

28,513

28,882

28,768

25,874

25,946

23,819

Operating lease liabilities, less current portion

289,187

295,636

301,905

356,062

362,094

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Self-insurance reserves, noncurrent portion

14,722

16,291

17,007

15,885

15,875

16,057

16,301

17,393

13,891

13,458

11,657

11,417

11,685

11,766

10,993

11,595

11,860

12,344

12,631

13,504

14,430

14,268

15,378

16,146

17,189

16,375

17,131

16,510

15,070

14,531

13,857

-

-

12,049

-

-

-

Litigation contingency, less current portion

8,000

9,000

9,000

9,000

6,400

6,400

6,400

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

5,952

-

-

-

-

-

-

-

-

-

-

-

Self-insurance reserves, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,372

12,409

-

10,476

11,418

11,659

Other noncurrent liabilities

1,779

1,691

1,497

1,498

1,522

6,656

5,134

5,826

7,880

8,779

8,337

8,789

9,133

9,551

10,815

11,818

10,401

10,812

11,822

12,283

12,942

13,366

13,875

14,484

14,797

15,214

16,464

16,637

17,197

17,544

17,895

17,992

17,989

18,155

18,240

17,531

16,748

Total noncurrent liabilities

384,632

393,255

392,576

449,575

449,960

90,097

105,143

97,455

97,440

96,840

96,702

101,655

96,466

93,462

83,624

79,371

78,560

76,453

66,281

72,883

74,800

70,193

72,104

73,750

75,326

81,093

82,737

82,765

59,953

60,101

60,132

59,877

59,280

58,972

54,590

54,895

52,226

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

0

-

0

0

0

Series C redeemable preferred stock, $.10 par value, 5,000 shares authorized, none issued and outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

4,918

4,918

4,918

4,918

4,918

4,918

4,918

4,918

4,918

-

4,918

-

-

-

SHAREHOLDERS’ DEFICIT:
SERIES C REDEEMABLE PREFERRED STOCK $.10 par value, 5,000 shares authorized, issued and outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,918

-

4,918

4,918

4,918

Series A preferred stock, authorized 200,000 shares, $.10 par value, none issued and outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, authorized 20,000 shares, $.01 par value, 7,098 and 6,908 shares issued, and 6,866 and 6,676 shares outstanding, respectively

70

69

69

69

69

68

68

68

68

67

67

67

67

66

66

66

65

65

65

65

65

64

64

63

64

63

63

63

63

62

62

61

61

61

61

60

60

Treasury stock at cost, 232 shares of common stock

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

Paid-in capital

24,367

24,026

23,883

23,738

23,594

23,413

23,267

23,249

22,890

22,720

22,496

22,270

22,044

21,935

21,667

21,472

21,269

21,142

20,615

20,646

20,174

19,970

19,891

19,883

19,764

19,570

19,486

19,074

18,926

18,757

18,650

18,492

18,452

18,219

18,299

18,297

17,896

Accumulated deficit

-59,832

-59,079

-55,832

-50,958

-26,362

-23,016

-23,432

-15,673

-15,000

-14,534

-8,243

-7,306

-7,301

-8,276

-9,348

-8,020

-5,517

-5,053

-5,647

-5,731

-5,890

-5,285

-5,450

-9,207

-9,881

-8,435

-7,423

-2,219

397

1,779

3,343

3,755

4,614

6,480

8,025

9,311

6,749

Accumulated Other Comprehensive Income (Loss), Net of Tax

289

568

552

589

774

837

1,059

1,013

917

709

450

362

332

195

-370

-616

-554

-387

-532

-490

-553

-495

-468

-594

-550

-569

-677

-641

-846

-920

-997

-989

-913

-945

-950

-509

0

Total shareholders’ deficit

-37,606

-36,916

-33,828

-29,062

-4,425

-1,198

-1,538

6,157

6,375

6,462

12,270

12,893

12,642

11,420

9,515

10,402

12,763

13,267

12,001

11,990

11,296

11,754

11,537

7,645

6,897

8,129

8,949

13,777

16,040

17,178

18,558

18,819

19,714

21,315

22,935

24,659

22,205

Noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,437

1,471

1,504

1,539

1,573

1,608

1,644

1,680

1,654

1,627

1,629

0

Total shareholders equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,537

7,645

6,897

9,566

10,420

15,281

17,579

18,751

20,166

20,463

21,394

22,969

24,562

26,288

22,205

Total liabilities and shareholder's equity

431,196

440,368

449,140

510,267

530,869

159,244

172,331

168,189

167,848

167,569

172,419

173,080

166,320

163,051

140,290

139,131

137,302

137,084

135,212

139,692

135,945

129,089

131,231

145,635

142,677

137,744

134,498

140,352

114,152

114,963

115,664

114,936

116,250

116,744

114,708

115,565

105,956