Diversicare Healthcare Services, Inc. DVCR Income Statement

Diversicare healthcare services, inc. (DVCR)

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	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
477,457	475,020	446,270	446,675	452,387	476,122	547,779	571,294	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PATIENT REVENUES, net
-	-	-	-	-	-	-	-	-	-	-	-	469,618	-	389,040	389,832	390,315	387,595	383,367	375,593	361,618	344,192	321,265	295,565	274,740	260,221	207,019	204,212	218,544	231,047	292,625	0	0	-	0	-	-	-	-
EXPENSES:
Operating
381,307	380,870	360,346	360,523	363,322	381,178	437,590	454,988	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease and rent expense
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PATIENT REVENUES, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Operating
-	-	-	-	-	-	-	-	-	-	-	-	374,981	-	315,181	314,241	312,508	311,035	307,386	301,891	289,926	275,605	258,204	239,384	225,013	213,064	173,392	167,974	177,368	186,958	181,752	193,728	193,760	194,152	239,877	235,521	0	0	0
Lease and rent expense
-	-	-	61,241	-	-	-	48,180	48,218	48,248	53,690	46,764	39,855	33,364	28,132	28,465	28,797	28,690	28,586	28,264	27,329	26,151	24,836	22,777	21,330	20,396	16,198	16,092	17,229	18,018	22,211	0	0	-	0	-	-	-	-
Professional liability
6,984	6,996	5,482	5,349	5,574	6,498	7,542	8,555	8,097	7,992	10,490	9,850	9,060	8,456	7,949	8,041	8,033	8,122	8,006	7,680	7,310	7,216	6,336	5,540	5,742	5,666	3,224	3,625	4,067	4,304	10,159	0	0	-	0	-	-	-	-
Litigation contingency expense
-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Professional liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
General and administrative
27,554	28,009	27,639	27,610	29,311	30,237	30,372	31,582	30,508	31,342	34,513	33,850	32,510	30,271	27,058	26,016	25,476	24,793	24,826	24,030	23,070	22,133	21,248	20,672	21,070	20,940	16,735	17,380	17,677	19,515	20,209	21,744	21,792	21,024	24,318	22,195	0	0	0
Depreciation and amortization
9,093	9,122	9,199	9,582	9,427	9,991	9,547	9,873	9,646	9,252	10,332	9,336	8,776	8,292	7,950	7,845	7,648	7,524	7,455	7,380	7,222	7,078	6,897	6,719	6,510	6,363	5,366	5,310	5,583	5,758	6,019	6,018	5,814	5,607	6,151	6,006	0	0	0
Asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Lease termination receipts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Lease termination receipts
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
481,425	481,087	457,667	463,274	462,667	483,535	467,775	487,811	487,816	486,570	557,270	509,562	467,190	425,323	388,278	386,616	382,462	380,164	376,259	369,245	354,857	338,183	318,023	296,538	281,111	267,875	215,859	210,381	221,924	234,553	227,567	245,488	244,031	242,809	302,374	291,913	0	0	0
OPERATING INCOME (LOSS)
-3,968	-6,067	-11,397	-16,599	-10,280	-7,413	-13,989	-6,683	-5,220	-3,759	8,157	6,801	2,428	740	762	3,216	7,853	7,431	7,108	6,348	6,761	6,009	3,242	-973	-6,371	-7,654	-8,840	-6,169	-3,380	-3,506	-3,763	-4,310	499	3,068	6,122	8,877	0	0	0
OTHER INCOME (EXPENSE):
Other income
236	281	311	286	269	160	551	551	523	472	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in net income of investment in unconsolidated affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	273	250	217	264	339	364	237	106	-5	-120	-27	51	-183	-305	-463	-517	-280	-127	-32	0	-	0	0	-	-	-
Gain on sale of investment in unconsolidated affiliate
-	-	-	0	-	-	-	0	-	733	2,099	2,099	2,099	1,366	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hurricane costs
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
6,060	5,994	5,325	5,153	5,258	5,533	5,373	5,659	5,539	5,353	6,065	5,598	5,215	4,802	4,534	4,331	4,222	4,102	3,937	3,855	3,755	3,697	3,502	3,441	3,237	3,032	2,420	2,261	2,219	2,232	2,739	2,726	2,605	2,356	2,129	1,861	0	0	0
Write off of Deferred Debt Issuance Cost
-	-	-	-	-	-	-	-	-	-	-	-	-	351	0	0	0	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	112	0	0	0	-	-
Debt retirement costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expense
-5,824	-5,713	-5,281	-5,134	-4,948	-5,332	-3,589	-4,107	-4,323	-3,455	-4,116	-3,287	-2,876	-3,514	-4,635	-4,465	-4,309	-3,763	-3,573	-3,618	-3,649	-3,702	-3,622	-3,468	-3,506	-3,535	-3,045	-3,044	-2,736	-2,512	-2,866	-2,758	-2,605	-2,468	-2,241	-1,973	0	0	0
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
-9,792	-11,780	-16,678	-21,733	-15,228	-12,745	-17,578	-10,790	-9,543	-7,214	4,041	3,514	-448	-2,774	-3,873	-1,249	3,544	3,668	3,535	2,730	3,112	2,307	-380	-4,441	-9,877	-11,189	-11,885	-9,213	-6,116	-6,018	-6,629	-7,068	-2,106	600	3,881	6,904	0	0	0
BENEFIT FOR INCOME TAXES
16,618	15,694	14,816	15,305	-2,471	-1,481	1,168	1,075	1,634	2,534	1,455	1,305	-126	-1,030	-1,962	-965	871	916	1,363	1,008	1,224	857	122	-1,399	-3,441	-4,196	-4,504	-3,655	-2,538	-2,147	-2,363	-2,397	-815	162	1,170	2,303	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-26,410	-27,474	-31,494	-37,038	-12,757	-11,264	-18,746	-11,865	-11,177	-9,748	2,586	2,209	-322	-1,744	-1,911	-284	2,673	2,752	2,172	1,722	1,888	1,450	-502	-3,042	-6,436	-6,993	-7,381	-5,558	-3,578	-3,871	-4,266	-4,671	-1,291	438	2,711	4,601	0	0	0
LOSS FROM DISCONTINUED OPERATIONS:
Operating loss, net of tax benefit of $65 and $73, respectively
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income (loss), net of income tax provision of ($517), ($731) and ($4,209), respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,564	-1,137	-1,486	-379	-2,238	-2,124	-1,469	-1,645	1,147	913	777	1,172	854	844	929	11	-29	0	0	0
Gain on sale of assets, net of tax
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,258	4,134	-2,238	-2,124	-1,469	-1,641	1,321	1,087	951	463	0	0	-	0	-	-	-	-
NET INCOME (LOSS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,708	3,632	-5,280	-8,560	-8,462	-9,022	-4,237	-2,491	-2,920	-2,924	-3,817	-447	1,367	0	0	0	-	-
Less: net (income) loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-25	-4	13	29	72	68	67	66	126	109	93	0	-	0	0	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	0	0	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net Income (Loss) Attributable to Parent
-33,470	-36,063	-32,401	-34,924	-10,639	-7,396	-13,744	-6,927	-6,263	-4,827	2,531	2,136	-367	-1,811	-2,293	-887	1,771	1,624	1,186	4,902	5,495	4,733	3,636	-5,293	-8,589	-8,534	-9,090	-4,304	-2,557	-3,046	-3,033	-3,910	-525	1,367	2,722	4,572	0	0	0
Earnings Per Share [Abstract]
PREFERRED STOCK DIVIDENDS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	220	306	344	344	344	344	344	344	344	344	344	344	344	344	344	0	0	0
NET INCOME (LOSS) FOR DIVERSICARE HEALTHCARE SERVICES, INC. COMMON SHAREHOLDERS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,513	3,330	-5,637	-8,933	-8,878	-9,434	-4,648	-2,901	-3,390	-3,377	-4,254	-869	1,023	2,378	4,228	0	0	0
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	-	-	-	-	-	-	-	-