Encompass Health Corporation EHC Income Statement

Encompass health corporation (EHC)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Net operating revenues
4,605	4,277	3,913	3,642	3,162	2,405	2,273	2,161	2,026	1,877	1,784	1,829
Less: Provision for doubtful accounts
-	-	-	-	47	31	26	27	21	16	30	27
Net operating revenues less provision for doubtful accounts
-	-	-	-	3,115	2,374	2,247	2,134	2,005	1,861	1,754	-
Operating expenses:
Salaries and benefits
2,573	2,354	2,154	1,985	1,670	1,161	1,089	1,050	982	921	887	928
Other operating expenses
623	585	531	490	432	351	323	303	288	270	246	265
Gain on UBS Settlement
-	-	-	-	-	-	-	-	-	-	-	121
Occupancy costs
82	78	73	71	53	41	47	48	48	44	44	48
Supplies
167	158	149	140	128	111	105	102	102	99	96	108
General and Administrative Expense
247	220	171	133	133	124	119	117	110	106	104	105
Depreciation and amortization
218	199	183	172	139	107	94	82	78	73	67	82
Litigation Settlement, Expense
0	52	0	0	7	-1	-23	-3	-12	1	36	-67
Professional feesaccounting, tax, and legal
-	-	-	-	3	9	9	16	21	17	8	44
Loss on disposal of assets
-	-	-	-	-	-	-	-	-	-	-3	-2
Total operating expenses
3,912	3,647	3,264	2,993	2,569	1,906	1,764	1,718	1,619	1,534	1,496	1,423
Loss on early extinguishment of debt
-7	0	-10	-7	-22	-13	-2	-4	-38	-12	-12	-5
Interest expense and amortization of debt discounts and fees
159	147	154	172	142	109	100	94	119	125	125	159
Other expense (income)
30	2	4	2	5	31	4	8	2	4	3	-
Loss on interest rate swaps
-	-	-	-	-	-	-	-	-	-13	-19	-55
Equity in net income of nonconsolidated affiliates
6	8	8	9	8	10	11	12	12	10	4	10
Income from continuing operations before income tax expense
562	493	496	482	395	386	395	340	242	189	107	195
Provision for income tax expense
115	118	145	163	141	110	12	108	37	-740	-2	-70
Income from continuing operations
446	374	350	318	253	276	382	231	205	930	110	265
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-0	1	-0	0	-0	5	-1	4	48	9	18	16
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
445	375	350	318	252	281	381	235	254	939	128	281
Net Income (Loss) Attributable to Noncontrolling Interest
87	83	79	70	69	59	57	50	45	40	34	29
Net income attributable to Encompass Health
358	292	271	247	183	222	323	185	208	899	94	252
Less: Convertible perpetual preferred stock dividends
-	-	-	-	1	6	21	23	26	26	26	26
Less: Repurchase of convertible perpetual preferred stock
-	-	-	-	-	-	71	0	0	0	-	-
Net income attributable to Encompass Health common shareholders
-	-	-	-	181	215	231	160	182	873	68	226
Weighted average common shares outstanding:
Basic (shares)
98	97	93	89	89	86	88	94	93	92	88	83
Diluted (shares)
99	99	99	99	101	100	102	108	109	108	103	96
Earnings per common share:
Basic earnings per share attributable to Encompass Health common shareholders:
Continuing operations (in dollars per share)
3.66	2.97	2.88	2.77	2.03	2.40	2.59	1.62	-	9.31	0.58	2.53
Discontinued operations (in dollars per share)
-0.01	0.01	0.00	0.00	-0.01	0.06	-0.01	0.05	-	0.10	0.19	0.20
Net Income (in dollars per share)
3.65	2.98	2.88	2.77	2.02	2.46	2.58	1.67	-	9.41	0.77	2.73
Diluted earnings per share attributable to Encompass Health common shareholders:
Continuing operations (in dollars per share)
3.62	2.92	2.84	2.59	1.92	2.24	2.59	1.62	-	8.20	0.58	2.45
Discontinued operations (in dollars per share)
-0.01	0.01	0.00	0.00	-0.01	0.05	-0.01	0.05	-	0.08	0.19	0.17
Net income (in dollars per share)
3.61	2.93	2.84	2.59	1.91	2.29	2.58	1.67	-	8.28	0.77	2.62
Continuing Operations
-	-	-	-	-	-	-	-	1.39	-	-	-
Discontinued Operations
-	-	-	-	-	-	-	-	0.52	-	-	-
Net income
-	-	-	-	-	-	-	-	1.91	-	-	-
Cash dividends per common share (in dollars per share)
-	-	-	-	0.88	0.78	0.36	0.00	0.00	-	-	-
Amounts attributable to Encompass Health common shareholders:
Income from continuing operations
359	291	271	247	184	216	324	180	158	889	77	235
Loss from discontinued operations, net of tax
-0	1	-0	0	-0	5	-1	4	49	9	17	16
Net income attributable to Encompass Health
358	292	271	247	183	222	323	185	208	899	94	252