Genesis Healthcare, Inc. GEN Income Statement

Genesis healthcare, inc. (GEN)

Income statement / TTM

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
Net revenues
-	-	-	-	-	-	-	-	-	-	-	-	5,732,430	5,770,291	5,767,324	5,748,441	5,619,224	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net patient service revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	835,379	843,276	850,478	854,839	847,603	847,827	845,717	849,636	862,352	847,245	0	0	0
Leased facility revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,104	3,086	3,067	3,060	3,038	3,015	2,993	2,239	1,492	746	0	0	0
Net revenues
4,565,834	4,616,344	4,709,910	4,837,218	4,976,650	5,118,583	5,216,764	5,285,680	5,373,740	0	0	0	-	-	-	-	-	-	-	-	-	7,651,159	6,672,285	5,681,826	4,710,341	838,483	846,362	853,545	857,899	850,641	850,842	848,710	851,875	863,844	847,991	0	0	0
Salaries, wages and benefits
2,485,010	2,553,842	2,613,953	2,693,548	2,786,908	2,855,696	2,914,496	2,948,144	3,036,868	3,138,189	3,233,199	3,326,490	3,369,713	3,379,350	3,378,571	3,366,804	3,289,820	3,162,097	3,052,048	2,948,337	2,904,094	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses
1,374,847	1,368,608	1,400,231	1,438,258	1,479,880	1,546,670	1,575,692	1,601,453	1,583,114	1,513,776	1,464,518	1,418,363	1,413,639	1,427,353	1,409,444	1,407,519	1,358,983	1,275,831	1,208,195	1,129,562	1,109,699	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of services (exclusive of rent cost of revenue and depreciation and amortization shown below)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	721,081	722,246	719,646	716,506	707,829	699,134	690,168	682,498	688,837	677,296	0	0	0
Rent cost of revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,367	18,200	18,054	17,941	18,047	17,821	17,829	17,843	18,326	18,745	0	0	0
General and administrative costs
144,471	141,803	141,355	144,839	149,182	154,464	160,402	162,507	167,718	173,721	178,846	182,721	186,062	184,982	184,326	182,783	175,889	167,246	157,337	0	-	0	0	-	152,555	25,483	25,014	24,604	24,249	24,695	24,097	24,907	25,700	25,569	26,258	0	0	0
Lease expense
387,063	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for losses on accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	107,815	113,442	111,186	103,618	100,521	86,140	79,874	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease expense under Topic 840
-	-	-	-	129,859	132,069	138,373	144,496	147,525	149,452	146,294	145,028	146,244	147,039	149,182	151,173	150,276	146,302	141,568	135,518	131,898	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement costs, (net of recoveries)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-
Depreciation and amortization expense
123,159	154,255	172,361	207,588	220,896	239,836	246,188	242,920	255,786	247,623	249,337	257,063	254,459	252,396	253,797	239,449	237,617	224,587	210,783	206,108	193,675	316,157	273,356	230,328	188,726	22,801	23,074	23,264	23,641	23,106	23,392	23,732	23,602	25,341	24,874	0	0	0
Interest expense
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	-	-	-400,217	-	-	-	-489,665	-499,382	-501,164	-508,545	-518,117	-528,544	-532,426	-529,152	-521,677	-507,809	-488,189	-471,772	-455,287	-442,724	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on early extinguishment of debt
-	0	0	-	-391	0	0	0	-	-	0	-	-	0	0	-	-130	-584	-3,687	-3,868	-1,133	0	0	0	-	-	-	-	-	-	-	-	-	0	0	-	0	0
Investment income
7,296	8,054	8,161	7,649	6,832	6,087	5,505	5,266	5,328	5,042	4,380	3,646	3,018	2,550	1,969	1,742	1,677	1,752	2,867	2,872	3,399	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Governmental investigation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-
Loss on disposal of asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-
Expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	804,883	786,691	786,468	783,154	775,011	1,031,683	1,023,376	1,016,383	1,077,568	800,678	0	0	0
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,037	35,083	36,870	37,760	38,551	39,472	38,613	38,994	39,405	38,858	0	0	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	397	459	479	512	562	607	683	713	813	839	0	0	0
Other income
173,505	142,702	31,098	29,905	12,920	49,489	26,903	493	-8,473	143,383	150,935	198,048	207,070	41,961	36,750	-6,223	1,400	7,493	8,198	0	-	0	0	-	-450	-163	-171	-33	-32	-31	-97	-233	-528	-468	238	0	0	0
Transaction costs
26,362	28,410	26,830	21,119	31,953	33,031	22,726	23,395	14,325	5,986	7,987	9,199	7,928	14,161	14,410	12,059	96,374	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer receivership and other related charges
-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-lived asset impairments
-	0	0	-	104,997	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill and identifiable intangible asset impairments
-	-	-	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transaction costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,997	-1,577	0	-	0	0	-	-	-	-	-	-	-
Skilled Healthcare and other loss contingency expense
-	-	-	-	-	-	-	-	-	-	-	-	15,192	45,192	46,692	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in net income of unconsolidated affiliates
712	384	443	381	100	-154	-237	-111	243	1,424	2,248	2,657	3,286	3,139	2,886	2,749	2,139	598	-249	-219	-416	-2,021	-1,306	-1,224	-691	1,995	1,948	1,966	1,948	1,794	1,805	1,872	1,955	2,329	2,535	0	0	0
Debt modification/retirement costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-
Total other (expenses), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-34,328	-34,103	-38,584	-39,458	-40,352	-41,115	-36,291	-36,854	-36,731	-42,256	0	0	0
Income (loss) before income tax expense (benefit)
9,228	-85,497	-236,947	-291,545	-374,840	-436,355	-956,660	-995,617	-969,599	-754,845	-219,662	-149,895	-135,513	-292,777	-292,241	-296,941	-353,025	-397,238	-368,656	-361,975	-281,507	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Income (loss) from continuing operations before benefit from income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-
Income tax expense (benefit)
1,754	-1,344	-1,995	-2,719	-2,423	-17,869	-15,053	-11,364	-10,427	7,986	-19,498	-19,215	-17,435	179,579	188,741	181,236	172,524	-61,447	-51,239	-46,916	-44,022	-14,607	-13,413	-12,178	-9,179	-858	7,431	8,647	12,438	0	0	0	-	-14,562	3,591	0	0	0
Allocation of income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
7,474	-84,153	-234,952	-288,826	-372,417	-418,486	-941,607	-984,253	-959,172	-762,831	-200,164	-130,680	-118,078	-472,356	-480,982	-478,177	-525,549	-335,791	-317,417	-315,059	-237,485	-277,040	-246,372	-213,728	-169,606	0	0	0	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-32	-42	-64	44	27	351	414	-1,369	-1,219	-10,054	-11,284	-10,738	-14,044	-12,260	-11,205	-10,294	-7,364	0	0	0	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-959,204	-762,873	-200,228	-130,636	-118,051	-472,005	-480,568	-479,546	-526,768	-345,845	-328,701	-325,797	-251,529	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less net loss attributable to noncontrolling interests
-7,145	-41,215	-87,789	-106,870	-137,186	-162,929	-370,356	-387,505	-380,222	-295,589	-86,310	-58,901	-54,038	-120,044	-120,113	-122,878	-100,573	-52,338	-19,387	-3,413	2,456	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to Genesis Healthcare, Inc.
14,619	-42,938	-147,163	-181,956	-235,231	-255,519	-571,215	-596,759	-578,982	-467,284	-113,918	-71,735	-64,013	-351,961	-360,455	-356,668	-426,195	-293,507	-309,314	-322,384	-253,985	-133,257	-86,975	0	-	0	0	-	21,597	22,445	-216,437	-209,550	-204,043	-235,893	1,466	0	0	0
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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-	-	-	-