ENSIGN GROUP, INC ENSG Income Statement

Ensign group, inc (ENSG)

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
Revenue
589,613	389,058	600,507	575,651	471,308	251,717	514,364	496,386	492,134	236,714	471,594	448,279	441,739	433,048	428,065	410,517	383,234	373,155	351,086	311,056	306,529	276,869	260,841	250,043	239,653	237,008	229,261	220,086	218,201	210,505	206,691	203,919	202,040	192,662	196,346	186,326	182,943	164,653	157,948
Service revenue
-	-	-	-	-	-	-	-	-	-	-	415,270	409,393	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assisted and independent living revenue
-	-	-	-	-	-	-	-	-	-	-	33,009	32,346	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expense:
Cost of services
454,521	313,834	477,805	457,000	371,989	218,151	413,723	396,132	390,243	209,475	381,544	366,946	355,486	355,997	348,971	330,538	306,308	297,401	280,545	248,292	241,456	221,137	209,737	202,057	189,738	187,843	186,172	175,913	176,061	169,133	164,579	162,085	160,627	156,287	155,725	145,637	143,155	131,460	125,808
(Return of unclaimed class action settlement)/charges related to class action lawsuit (Note 19)
-	-	0	0	-	0	0	0	1,664	0	0	0	-11,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses related to divestitures (Note 7 and 17)
-	-	-	-	-	-	-	-	-	-410	0	-1,286	4,017	-16,655	-2,505	0	7,935	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rent—cost of services
32,330	19,820	37,728	37,060	30,181	14,503	34,851	34,472	33,850	13,713	33,782	32,585	31,900	33,507	33,342	30,741	26,991	26,244	24,500	19,066	18,966	18,480	18,176	8,283	3,549	3,557	3,404	3,338	3,314	3,247	3,359	3,355	3,320	3,345	3,331	3,433	3,616	3,631	3,616
Losses related to operational closure
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
U.S. Government inquiry accrual (Note 20)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	33,000	15,000	0	0	0	-	-	-	-	-	-
General and administrative expense
32,249	21,342	31,710	30,561	27,260	18,472	24,601	22,386	25,104	16,336	19,261	17,253	21,270	14,815	17,306	19,657	17,387	17,247	17,165	15,335	14,416	12,525	12,956	18,257	13,157	11,782	10,601	8,872	8,848	7,886	8,099	8,137	7,697	7,578	7,195	7,592	7,401	6,713	6,407
Depreciation and amortization
13,720	11,622	14,319	13,184	11,929	9,719	11,902	11,621	11,622	9,556	11,448	10,750	10,514	9,701	10,911	9,772	8,298	7,927	7,288	6,379	6,517	5,087	4,677	7,804	8,862	8,711	8,795	8,671	7,732	7,287	7,147	7,010	6,914	6,502	6,179	5,546	5,059	4,260	4,023
Total expenses
532,820	366,618	561,562	537,805	441,359	260,845	485,077	464,611	459,155	248,670	446,035	426,248	434,187	397,365	408,025	390,708	366,919	348,819	329,498	289,072	281,355	257,229	245,546	236,401	215,306	211,893	208,972	196,794	228,955	202,553	183,184	180,587	178,558	173,712	172,430	162,208	159,231	146,064	139,854
Income from operations
56,793	22,440	38,945	37,846	29,949	-9,128	29,287	31,775	32,979	-11,956	25,559	22,031	7,552	35,683	20,040	19,809	16,315	24,336	21,588	21,984	25,174	19,640	15,295	13,642	24,347	25,115	20,289	23,292	-10,754	7,952	23,507	23,332	23,482	18,950	23,916	24,118	23,712	18,589	18,094
Other income (expense):
Interest expense
3,665	4,149	3,900	3,941	3,672	3,711	3,989	3,869	3,613	3,599	3,519	3,053	3,445	2,185	2,135	1,446	1,370	792	802	567	667	486	407	8,720	3,363	3,346	3,181	3,145	3,115	3,098	3,092	3,114	2,925	2,989	5,323	2,739	2,727	2,283	2,308
Interest income
698	778	736	572	563	539	467	562	448	636	395	288	290	359	236	278	234	242	242	195	166	159	142	134	159	143	141	129	93	83	69	52	51	51	68	75	55	58	63
Other expense, net
-2,967	-3,371	-3,164	-3,369	-3,109	-3,172	-3,522	-3,307	-3,165	-2,963	-3,124	-2,765	-3,155	-1,826	-1,899	-1,168	-1,136	-550	-560	-372	-501	-327	-265	-8,586	-3,204	-3,203	-3,040	-3,016	-3,022	-3,015	-3,023	-3,062	-2,874	-2,938	-5,255	-2,664	-2,672	-2,225	-2,245
Income before provision for income taxes
53,826	19,069	35,781	34,477	26,840	-12,300	25,765	28,468	29,814	-14,919	22,435	19,266	4,397	33,857	18,141	18,641	15,179	23,786	21,028	21,612	24,673	19,313	15,030	5,056	21,143	21,912	17,249	20,276	-13,776	4,937	20,484	20,270	20,608	16,012	18,661	21,454	21,040	16,364	15,849
Provision for income taxes
12,625	5,174	7,953	5,552	5,275	-5,393	5,415	6,142	6,521	-2,281	8,160	6,886	1,441	12,851	6,957	7,278	5,889	9,349	7,869	8,379	9,585	8,517	6,659	3,523	8,102	8,563	6,607	7,846	-3,013	2,020	7,528	7,872	7,714	5,657	7,063	8,478	8,294	6,477	6,230
Net income from continuing operations
41,201	-	-	-	21,565	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,349	10,642	12,430	-10,763	2,917	12,956	12,398	12,894	-	-	-	-	-	-
Net income from discontinued operations, net of tax (Note 3)
0	-	-	-	6,042	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
41,201	27,326	27,828	28,925	27,607	26,559	20,350	22,326	23,293	11,222	14,275	12,380	2,956	21,006	11,184	11,363	9,290	14,437	13,159	13,233	15,088	10,796	8,371	1,533	13,041	13,349	10,612	12,404	-12,511	1,665	13,036	12,279	12,828	10,355	11,598	12,976	12,746	-	-
Net income attributable to noncontrolling interests in continuing operations
352	-	-	-	85	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interests in discontinued operations (Note 3)
0	-	-	-	150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interests
352	-68	669	316	235	199	-511	315	161	16	63	163	116	2,669	29	37	118	835	-313	45	-82	-715	-535	-474	-485	-7	148	37	-364	-272	-258	-177	-76	0	0	0	0	-	-
Net income attributable to The Ensign Group, Inc.
40,849	27,394	27,159	28,609	27,372	26,360	20,861	22,011	23,132	11,206	14,212	12,217	2,840	18,337	11,155	11,326	9,172	13,602	13,472	13,188	15,170	11,511	8,906	2,007	13,526	13,356	10,464	12,367	-12,147	1,937	13,294	12,456	12,904	10,355	11,598	12,976	12,746	9,887	9,619
Net income per share attributable to The Ensign Group, Inc.:
Income from continuing operations attributable to The Ensign Group, Inc.
40,849	-	-	-	21,480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,356	10,494	12,393	-10,399	3,189	13,214	12,575	12,970	-	-	-	-	-	-
Income from discontinued operations, net of income tax (Note 3)
0	-	-	-	5,892	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-30	-26	-1,748	-1,252	80	-119	-66	-	-	-	-	-	-
Loss from discontinued operations, net of income tax benefit (Note 23)
0	-	-	-	5,892	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-30	-26	-1,748	-1,252	80	-119	-66	-	-	-	-	-	-
Net income attributable to The Ensign Group, Inc.
40,849	27,394	27,159	28,609	27,372	26,360	20,861	22,011	23,132	11,206	14,212	12,217	2,840	18,337	11,155	11,326	9,172	13,602	13,472	13,188	15,170	11,511	8,906	2,007	13,526	13,356	10,464	12,367	-12,147	1,937	13,294	12,456	12,904	10,355	11,598	12,976	12,746	9,887	9,619
Net income per share attributable to The Ensign Group, Inc.:
Basic:
Continuing Operations
0.76	-	-	-	0.41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations attributable to The Ensign Group, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.61	0.02	0.48	0.57	-0.48	0.15	0.61	0.59	0.61	-	-	-	-	-	-
Discontinued Operations
0.00	-	-	-	0.11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	0.00	0.00	-0.08	-0.07	0.01	-0.01	0.00	-	-	-	-	-	-
Basic income per share attributable to The Ensign Group, Inc.
0.76	0.51	0.50	0.54	0.52	0.51	0.40	0.42	0.45	0.21	0.28	0.24	0.06	0.36	0.22	0.23	0.18	0.26	0.26	0.26	0.32	-0.30	0.40	0.09	0.61	0.06	0.48	0.57	-0.56	0.08	0.62	0.58	0.61	0.49	0.55	0.62	0.61	0.48	0.46
Diluted:
Continuing Operations
0.73	-	-	-	0.39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations attributable to The Ensign Group, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.60	0.04	0.47	0.55	-0.48	0.14	0.60	0.57	0.60	-	-	-	-	-	-
Discontinued Operations
0.00	-	-	-	0.10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	0.00	0.00	-0.08	-0.05	0.00	0.00	-0.01	-	-	-	-	-	-
Diluted income per share attributable to The Ensign Group, Inc
0.73	0.49	0.48	0.51	0.49	0.48	0.38	0.41	0.43	0.22	0.27	0.23	0.05	0.35	0.21	0.22	0.18	0.25	0.25	0.25	0.31	-0.29	0.38	0.09	0.60	0.08	0.47	0.55	-0.56	0.09	0.60	0.57	0.59	0.48	0.54	0.60	0.59	0.47	0.46
Weighted average common shares outstanding:
Basic (in shares)
53,475	53,378	53,941	53,408	53,081	52,460	52,139	51,880	51,585	51,345	50,911	50,705	50,767	50,726	50,541	50,274	50,679	51,356	51,144	50,949	47,815	111,886	22,415	22,259	22,168	-	21,941	21,859	-	-	-	-	-	-	-	-	20,854	20,756	20,741
Diluted (in shares)
55,796	55,784	56,364	56,078	55,698	55,187	54,632	54,251	53,518	53,307	52,828	52,548	52,633	52,222	52,045	51,931	52,334	53,252	53,070	52,866	49,652	116,032	23,186	22,960	22,582	-	22,409	22,321	-	-	-	-	-	-	-	-	21,516	21,147	21,126
Dividends per share
-	-	-	-	-	-	-	-	-	-	0.04	0.04	0.04	-	0.04	0.04	0.04	0.04	0.03	0.03	0.03	-0.06	0.07	0.07	0.07	-0.06	0.06	0.06	0.06	-	-	-	-	-	-	-	-	-	-