Diversicare Healthcare Services, Inc. DVCR Income Statement

Diversicare healthcare services, inc. (DVCR)

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	Sep'10	Jun'10
PATIENT REVENUES, net
119,987	103,470	118,630	135,370	117,550	74,720	119,035	141,082	141,285	-	146,377	142,550	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PATIENT REVENUES, net
-	-	-	-	-	-	-	-	-	-	-	-	141,500	-	97,313	95,805	97,945	97,977	98,105	96,288	95,225	93,749	90,331	82,313	77,799	70,822	64,631	61,488	63,280	17,620	61,824	75,820	75,783	-	79,198	-	-	-	-
EXPENSES:
Operating
94,859	82,216	95,591	108,641	94,422	61,692	95,768	111,440	112,278	-	118,104	113,166	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease and rent expense
13,512	-	13,251	-	13,115	-	12,060	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PATIENT REVENUES, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	79,172	77,130	72,996	71,492
Operating
-	-	-	-	-	-	-	-	-	-	-	-	110,667	-	79,441	78,385	78,618	78,737	78,501	76,652	77,145	75,088	73,006	64,687	62,824	57,687	54,186	50,316	50,875	18,015	48,768	59,710	60,465	12,809	60,744	59,742	60,857	58,534	56,388
Lease and rent expense
-	-	-	15,802	-	-	-	13,725	13,713	6,951	13,791	13,763	13,743	12,393	6,865	6,854	7,252	7,161	7,198	7,186	7,145	7,057	6,876	6,251	5,967	5,742	4,817	4,804	5,033	1,544	4,711	5,941	5,822	-	5,737	-	-	-	-
Professional liability
1,839	451	1,737	2,957	1,851	-1,063	1,604	3,182	2,775	-19	2,617	2,724	2,670	2,479	1,977	1,934	2,066	1,972	2,069	1,926	2,155	1,856	1,743	1,556	2,061	976	947	1,758	1,985	-1,466	1,348	2,200	2,222	-	4,389	-	-	-	-
Litigation contingency expense
-	-	0	3,100	-	-	6,400	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,727	5,714	5,661	5,636
Professional liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,081	1,691	1,684	997
General and administrative
6,758	6,300	6,902	7,594	7,213	5,930	6,873	9,295	8,139	6,065	8,083	8,221	8,973	9,236	7,420	6,881	6,734	6,023	6,378	6,341	6,051	6,056	5,582	5,381	5,114	5,171	5,006	5,779	4,984	966	5,651	6,076	6,822	1,660	7,186	6,124	6,054	4,954	5,063
Depreciation and amortization
2,288	1,524	2,279	3,002	2,317	1,601	2,662	2,847	2,881	1,157	2,988	2,620	2,487	2,237	1,992	2,060	2,003	1,895	1,887	1,863	1,879	1,826	1,812	1,705	1,735	1,645	1,634	1,496	1,588	648	1,578	1,769	1,763	909	1,577	1,565	1,556	1,453	1,432
Asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	344	-	-	-	-
Lease termination receipts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	944	-	-	-	0	-	-	-	-	-	-	-	-
Lease termination receipts
-	-	-	-	-	-	-	-	-	-	180	-	-	-	0	-2,008	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
119,256	101,313	119,760	141,096	118,918	77,893	125,367	140,489	139,786	62,133	145,403	140,494	138,540	132,833	97,695	98,122	96,673	95,788	96,033	93,968	94,375	91,883	89,019	79,580	77,701	71,723	67,534	64,153	64,465	19,707	62,056	75,696	77,094	12,721	79,977	74,239	75,872	72,286	69,516
OPERATING INCOME (LOSS)
731	2,157	-1,130	-5,726	-1,368	-3,173	-6,332	593	1,499	-9,749	974	2,056	2,960	2,167	-382	-2,317	1,272	2,189	2,072	2,320	850	1,866	1,312	2,733	98	-901	-2,903	-2,665	-1,185	-2,087	-232	124	-1,311	-2,344	-779	4,933	1,258	710	1,976
OTHER INCOME (EXPENSE):
Other income
115	51	25	45	160	81	0	28	51	472	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in net income of investment in unconsolidated affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	82	130	28	33	59	97	75	108	84	-30	-56	-3	-31	63	22	-237	-153	-95	-32	0	-	0	0	-	-	-
Gain on sale of investment in unconsolidated affiliate
-	-	-	0	-	-	-	308	-	0	0	0	733	1,366	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hurricane costs
-	-	-	-	-	-	-	-	-	-	232	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
1,460	1,490	1,554	1,556	1,394	821	1,382	1,661	1,669	661	1,668	1,541	1,483	1,373	1,201	1,158	1,070	1,105	998	1,049	950	940	916	949	892	745	855	745	687	133	696	703	700	640	683	582	451	413	415
Write off of Deferred Debt Issuance Cost
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	351	-	-	-	-	-	-	-	-	-	-	320	-	-	-	0	-	0	0	0	112	-	-
Debt retirement costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expense
-1,345	-1,439	-1,529	-1,511	-1,234	-1,007	-1,382	-1,325	-1,618	736	-1,900	-1,541	-750	75	-1,071	-1,130	-1,388	-1,046	-901	-974	-842	-856	-946	-1,005	-895	-776	-792	-1,043	-924	-286	-791	-735	-700	-640	-683	-582	-563	-413	-415
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
-614	718	-2,659	-7,237	-2,602	-4,180	-7,714	-732	-119	-9,013	-926	515	2,210	2,242	-1,453	-3,447	-116	1,143	1,171	1,346	8	1,010	366	1,728	-797	-1,677	-3,695	-3,708	-2,109	-2,373	-1,023	-611	-2,011	-2,984	-1,462	4,351	695	297	1,561
BENEFIT FOR INCOME TAXES
-104	112	-741	17,351	-1,028	-766	-252	-425	-38	1,883	-345	134	862	804	-495	-1,297	-42	-128	502	539	3	319	147	755	-364	-416	-1,374	-1,287	-1,119	-724	-525	-170	-728	-940	-559	1,412	249	68	574
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-510	606	-1,918	-24,588	-1,574	-3,414	-7,462	-307	-81	-10,896	-581	381	1,348	1,438	-958	-2,150	-74	1,271	669	807	5	691	219	973	-433	-1,261	-2,321	-2,421	-990	-1,649	-498	-441	-1,283	-2,044	-903	2,939	446	229	987
LOSS FROM DISCONTINUED OPERATIONS:
Operating loss, net of tax benefit of $65 and $73, respectively
-243	-	-3,689	-	-1,772	-	65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income (loss), net of income tax provision of ($517), ($731) and ($4,209), respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-299	-263	-417	-585	128	-612	690	-2,444	242	43	514	348	8	-93	909	30	-2	-8	-9	-10
Gain on sale of assets, net of tax
-	-	733	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,513	-	-	-	0	-	-	-	170	-	-	-	0	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-186	3,928	128	-612	690	-2,444	242	43	518	518	8	-93	-	30	-	-	-	-
NET INCOME (LOSS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	505	4,147	1,101	-1,045	-571	-4,765	-2,179	-947	-1,131	20	-433	-1,376	-1,135	-873	2,937	438	-	-
Less: net (income) loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-25	21	17	16	18	17	16	15	78	-	0	0	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	-2,956	-8	-	-	65	-4	-22	-	1	-28	-15	-	-17	0	-37	-	-238	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	-10
Net Income (Loss) Attributable to Parent
-753	-3,247	-4,874	-24,596	-3,346	415	-7,397	-311	-103	-5,933	-580	353	1,333	1,425	-975	-2,150	-111	943	431	508	-258	505	4,147	1,101	-1,020	-592	-4,782	-2,195	-965	-1,148	4	-448	-1,454	-1,135	-873	2,937	438	220	977
Earnings Per Share [Abstract]
PREFERRED STOCK DIVIDENDS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	48	86	86	86	86	86	86	86	86	86	86	86	86	86	86	86	86
NET INCOME (LOSS) FOR DIVERSICARE HEALTHCARE SERVICES, INC. COMMON SHAREHOLDERS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	505	4,099	1,015	-1,106	-678	-4,868	-2,281	-1,051	-1,234	-82	-534	-1,540	-1,221	-959	2,851	352	134	891
Earnings Per Share, Basic [Abstract]
Income (Loss) from Continuing Operations, Per Basic Share
-0.08	0.09	-0.30	-3.80	-0.24	-0.54	-1.17	-0.05	-0.01	-1.74	-0.09	0.06	0.22	0.24	-0.16	-0.35	-0.01	0.21	0.11	0.13	0.00	-	0.03	0.15	-	-	-0.41	-0.43	-	-	-	-0.09	-0.25	-0.36	-0.17	0.49	0.06	0.02	0.16
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
-0.04	-0.60	-0.45	0.00	-0.28	0.60	0.01	0.00	0.00	0.78	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	-0.05	-0.04	-0.05	-0.04	-	0.65	0.02	-	-	-0.42	0.04	-	-	-	0.00	-0.02	-	0.00	0.00	-	-	-
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.08	-	-	-	-0.19	-	-0.10	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.11	-	-	-	0.01	-	0.09	-	-	-	-	-	-	-	-
Earnings Per Share, Basic
-0.12	-0.51	-0.75	-3.80	-0.52	0.06	-1.16	-0.05	-0.01	-0.96	-0.09	0.06	0.22	0.24	-0.16	-0.35	-0.02	0.16	0.07	0.08	-0.04	0.09	0.68	0.17	-0.19	-0.11	-0.83	-0.39	-0.18	-0.21	-0.01	-0.09	-0.27	-0.20	-0.17	0.49	0.06	0.02	0.16
Per common share – diluted
Income (Loss) from Continuing Operations, Per Diluted Share
-0.08	0.09	-0.30	-3.80	-0.24	-0.54	-1.17	-0.05	-0.01	-1.73	-0.09	0.06	0.21	0.24	-0.16	-0.35	-0.01	0.20	0.11	0.13	0.00	-	0.03	0.14	-	-	-0.41	-0.43	-	-	-	-0.09	-0.25	-0.35	-0.17	0.48	0.06	0.02	0.15
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share
-0.04	-0.60	-0.45	0.00	-0.28	0.60	0.01	0.00	0.00	0.78	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	-0.05	-0.04	-0.05	-0.04	-	0.63	0.02	-	-	-0.42	0.04	-	-	-	0.00	-0.02	-	0.00	0.00	-	-	-
Earnings Per Share, Diluted
-0.12	-0.51	-0.75	-3.80	-0.52	0.06	-1.16	-0.05	-0.01	-0.95	-0.09	0.06	0.21	0.24	-0.16	-0.35	-0.02	0.15	0.07	0.08	-0.04	-	0.66	0.16	-	-	-0.83	-0.39	-	-	-	-0.09	-0.27	-0.20	-0.17	0.48	0.06	0.02	0.15
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK (in dollars per share)
-	-	0.00	0.00	-	0.00	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (shares)
6,506	6,470	6,470	6,472	6,424	6,404	6,400	6,370	6,314	6,295	6,294	6,294	6,233	6,213	6,212	6,211	6,160	6,136	6,121	6,098	6,045	-	6,020	6,015	-	-	5,892	5,874	-	-	-	5,825	5,795	11,559	5,779	5	5,752	5,742	5,726
Diluted (shares)
6,506	6,470	6,470	6,472	6,424	6,404	6,400	6,370	6,314	5,910	6,294	6,472	6,440	6,213	6,212	6,211	6,160	6,557	6,331	6,327	6,045	-	6,248	6,181	-	-	5,892	5,874	-	-	-	5,825	5,795	11,962	5,779	5	5,877	5,813	5,874
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,975	-	-	-	5,848	-	5,828	-	-	-	-	-	-	-	-