Genesis healthcare, inc. (GEN)
Income statement / Quarterly
Dec'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'11Mar'11Sep'10Jun'10
Net revenues

-

-

-

-

-

-

-

-

-

-

-

-

1,402,860

1,418,994

1,438,358

1,472,218

1,440,721

1,416,027

1,419,475

1,343,001

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net patient service revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

207,957

209,405

214,298

203,719

215,854

216,607

218,659

196,483

216,078

214,497

222,578

209,199

200,971

Leased facility revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

787

787

761

769

769

768

754

747

746

746

0

0

0

Net revenues

1,135,437

1,123,705

1,145,052

1,161,640

1,185,947

1,217,271

1,272,360

1,301,072

1,327,880

1,315,452

1,341,276

1,389,132

-

-

-

-

-

-

-

-

-

1,187,618

1,200,651

1,186,544

4,076,346

208,744

210,192

215,059

204,488

216,623

217,375

219,413

197,230

216,824

215,243

222,578

209,199

200,971

Salaries, wages and benefits

595,948

620,493

626,159

642,410

664,780

680,604

705,754

735,770

733,568

739,404

739,402

824,494

834,889

834,414

832,693

867,717

844,526

833,635

820,926

790,733

716,803

723,586

717,215

746,490

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating expenses

360,340

339,441

332,528

342,538

354,101

371,064

370,555

384,160

420,891

400,086

396,316

365,821

351,553

350,828

350,161

361,097

365,267

332,919

348,236

312,561

282,115

265,283

269,603

292,698

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of services (exclusive of rent cost of revenue and depreciation and amortization shown below)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

181,078

182,815

186,271

170,917

182,243

180,215

183,131

162,240

173,548

171,249

175,461

168,579

162,007

Rent cost of revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,806

4,685

4,669

4,207

4,639

4,539

4,556

4,313

4,413

4,547

4,570

4,796

4,832

General and administrative costs

37,447

35,930

35,562

35,532

34,779

35,482

39,046

39,875

40,061

41,420

41,151

45,086

46,064

46,545

45,026

48,427

44,984

45,889

43,483

41,533

-

36,341

35,980

-

132,773

6,490

6,837

6,455

5,701

6,021

6,427

6,100

6,147

5,423

7,237

6,893

6,016

6,112

Lease expense

98,398

100,018

94,586

94,061

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for losses on accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

26,039

25,602

29,681

26,493

31,666

23,346

22,113

23,396

-

17,285

17,080

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease expense under Topic 840

-

-

-

-

32,311

32,366

32,111

33,071

34,521

38,670

38,234

36,100

36,448

35,512

36,968

37,316

37,243

37,655

38,959

36,419

33,269

32,921

32,909

32,799

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation settlement costs, (net of recoveries)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,488

-

-

53,505

-

Depreciation and amortization expense

21,764

34,932

28,268

38,195

52,860

53,038

63,495

51,503

71,800

59,390

60,227

64,369

63,637

61,104

67,953

61,765

61,574

62,505

53,605

59,933

48,544

48,701

48,930

47,500

171,026

5,900

5,902

5,898

5,101

6,173

6,092

6,275

4,566

6,459

6,432

6,145

6,305

5,992

Interest expense

-

37,099

52,975

-

-

115,695

117,955

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-51,516

-

-

-

-115,037

-125,909

-124,431

-124,288

-124,754

-127,691

-131,812

-133,860

-135,181

-131,573

-128,538

-126,385

-121,313

-111,953

-112,121

-109,900

-108,750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on early extinguishment of debt

-

-2,460

24

-

9,394

0

501

-10,286

-

-

-2,301

-

-

-15,363

-468

-

0

3,104

0

-3,234

-454

1

-181

-499

-

-

-

-

-

-

-

-

-

0

0

-

0

-7,010

Investment income

1,218

2,071

2,143

1,864

1,976

2,178

1,631

1,047

1,231

1,596

1,392

1,109

945

934

658

481

477

353

431

416

552

1,468

436

943

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Governmental investigation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,000

0

-

-

0

-

-

-

-

-

-

-

-

Loss on disposal of asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

270,478

-

-

0

-

Expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

217,353

197,995

203,376

186,159

199,161

197,772

200,062

178,016

455,833

189,465

193,069

239,201

178,943

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,744

8,734

8,675

8,884

8,790

10,521

9,565

9,675

9,711

9,662

9,946

10,086

9,164

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63

112

112

110

125

132

145

160

170

208

175

260

196

Other income

1,364

131,811

23,413

16,917

-29,439

20,207

22,220

-68

7,130

-2,379

-4,190

-9,034

158,986

5,173

42,923

-12

-6,123

-38

-50

7,611

-

-30

667

-

-339

-49

-32

-30

-52

-57

106

-29

-51

-123

-30

-324

9

583

Transaction costs

3,337

12,941

8,823

1,261

5,385

11,361

3,112

12,095

6,463

1,056

3,781

3,025

-1,876

3,057

4,993

1,754

4,357

3,306

2,642

86,069

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer receivership and other related charges

-

-

-

-

-

-

-

-

-

297

35,566

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-lived asset impairments

-

16,037

900

-

16,990

32,390

27,257

28,360

-

163,364

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and identifiable intangible asset impairments

-

-

-

-

-

929

1,132

-

-

360,046

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transaction costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,736

1,298

2,249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

79

-2,244

83

-

85

499

-

-

-

-

-

-

-

Skilled Healthcare and other loss contingency expense

-

-

-

-

-

-

-

-

-

-

-

-

0

0

13,566

1,626

-

30,000

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in net income of unconsolidated affiliates

534

93

24

61

206

152

-38

-220

-48

69

88

134

1,133

893

497

763

986

640

360

153

-555

-207

390

-44

-2,160

508

472

489

526

461

490

471

372

472

557

554

746

678

Debt modification/retirement costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-432

-1,088

-

-

-168

-3,958

-

-

-

-

-

-

-

Total other (expenses), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,654

-9,270

-8,104

-8,300

-8,429

-13,751

-8,978

-9,194

-9,192

-8,927

-9,541

-9,071

-14,717

Income (loss) before income tax expense (benefit)

-14,925

58,329

-9,145

-25,031

-109,650

-93,121

-63,743

-108,326

-171,165

-613,426

-102,700

-82,308

43,589

-78,243

-32,933

-67,926

-113,675

-77,707

-37,633

-124,010

-157,888

-49,125

-30,952

-43,542

-

-

-

-

-

-

-

-

-

-

-

-

-39,073

7,311

Income (loss) from continuing operations before benefit from income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-17,263

2,927

3,579

-

9,033

5,852

10,373

-

-248,201

16,851

19,968

-

-

Income tax expense (benefit)

2,434

-569

-162

51

-664

-1,220

-886

347

-16,110

1,596

2,803

1,284

2,303

-25,888

3,086

3,064

199,317

-16,726

-4,419

-5,648

-34,654

-6,518

-96

-2,754

-5,239

-5,324

1,139

245

3,082

2,965

2,355

4,036

-

-15,387

6,467

8,124

-13,766

2,766

Allocation of income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,939

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-17,359

58,898

-8,983

-25,082

-108,986

-91,901

-62,857

-108,673

-155,055

-615,022

-105,503

-83,592

41,286

-52,355

-36,019

-70,990

-312,992

-60,981

-33,214

-118,362

-123,234

-42,607

-30,856

-40,788

-162,789

-11,939

1,788

3,334

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of taxes

-

-

-

-

-

-

-

-

38

-2

-47

-21

28

-24

61

-38

352

39

-1,722

112

-8,483

-1,191

-1,176

-3,194

-6,699

-136

-265

-264

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-155,017

-615,024

-105,550

-83,613

41,314

-52,379

-35,958

-71,028

-312,640

-60,942

-34,936

-118,250

-131,717

-43,798

-32,032

-43,982

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less net loss attributable to noncontrolling interests

-5,963

12,801

-4,164

-9,819

-40,033

-33,773

-23,245

-40,135

-65,776

-241,200

-40,394

-32,852

18,857

-31,921

-12,985

-27,989

-47,149

-31,990

-15,750

-5,684

1,086

961

224

185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to Genesis Healthcare, Inc.

-11,396

46,097

-4,819

-15,263

-68,953

-58,128

-39,612

-68,538

-89,241

-373,824

-65,156

-50,761

22,457

-20,458

-22,973

-43,039

-265,491

-28,952

-19,186

-112,566

-132,803

-44,759

-32,256

-44,167

-

-12,075

1,523

-

5,695

6,068

3,497

6,337

6,543

-232,814

10,384

11,844

-25,307

4,545

Net loss per common share:
Basic:
Weighted-average shares outstanding for loss from continuing operations per share

-

-

106,846

103,715

-

-

100,596

98,252

96,775

94,940

93,273

91,880

-

90,226

89,421

89,198

-

89,213

89,211

75,234

-

49,865

49,865

49,865

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted-average shares outstanding for basic net income (loss) per share

-

109,123

-

-

-

102,489

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,499

37,646

37,557

37,440

37,431

37,400

37,285

37,183

37,164

37,154

37,079

36,997

36,983

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,070

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations attributable to Genesis Healthcare, Inc

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.32

0.05

0.09

-

-

-

-

-

-

-

-

-

-

(Loss) earnings per basic share from discontinued operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.01

-0.01

-

-

-

-

-

-

-

-

-

-

Basic net income (loss) per common share attributable to Genesis Healthcare, Inc.

-

0.42

-

-

-

-0.57

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.32

0.04

0.08

0.16

0.16

0.09

0.17

0.17

-6.26

0.28

0.32

-0.68

0.12

Diluted:
Weighted-average shares outstanding for diluted net income (loss) per share

-

166,002

-

-

-

102,489

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,499

38,186

38,034

37,949

37,503

37,497

37,407

36,736

37,164

37,354

37,326

36,997

37,084

Loss from continuing operations attributable to Genesis Healthcare, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.32

0.05

0.09

-

-

-

-

-

-

-

-

-

-

(Loss) earnings per diluted share from discontinued operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.01

-0.01

-

-

-

-

-

-

-

-

-

-

Diluted net income (loss) per common share attributable to Genesis Healthcare, Inc.

-

0.40

-

-

-

-0.57

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.32

0.04

0.08

0.16

0.16

0.09

0.17

0.17

-6.26

0.28

0.32

-0.68

0.12

Loss from continuing operations attributable to Genesis Healthcare, Inc.

-

-

-

-

-

-

-

-

-0.96

-3.94

-0.70

-0.55

-

-0.23

-0.26

-0.48

-

-0.32

-0.20

-1.50

-

-0.88

-0.63

-0.82

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of taxes

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income from discontinued operations, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.02

0.00

-

-0.02

-0.02

-0.06

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to Genesis Healthcare, Inc.

-

-

-0.05

-0.15

-

-

-0.39

-0.70

-0.96

-3.94

-0.70

-0.55

-

-0.23

-0.26

-0.48

-

-0.32

-0.22

-1.50

-

-0.90

-0.65

-0.88

-

-

-

-

-

-

-

-

-

-

-

-

-

-