Lhc group, inc (LHCG)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net service revenue

2,080,241

1,809,963

1,062,602

900,033

816,366

733,632

658,283

637,569

633,872

631,567

529,246

Cost of service revenue (excluding depreciation and amortization)

1,324,887

1,156,357

675,810

557,650

480,878

434,775

383,464

365,752

352,346

326,521

267,781

Gross margin

755,354

653,606

386,792

342,383

335,488

298,857

274,819

271,817

281,526

305,046

261,465

Provision for bad debts

-

-

-

-

19,243

15,780

13,929

11,875

12,320

7,607

4,724

General and administrative expenses

596,006

537,916

310,539

270,622

247,919

233,898

213,633

204,987

210,588

201,837

171,695

Impairment of intangibles and other

7,734

4,689

1,571

1,199

1,273

3,646

520

650

-

-

-

Loss on disposal of assets

-

-

-

-

-710

-47

-

-

-

-

-

Settlement with government agencies

-

-

-

-

-

-

-

-

65,000

-

0

Operating income

151,614

111,001

74,682

70,562

66,343

45,486

46,737

54,305

-6,382

95,602

85,046

Interest expense

11,155

9,679

3,352

2,444

2,302

2,486

1,995

1,550

1,018

134

142

Non-operating income

-

-

-

-

457

265

263

184

1,781

812

-239

Gain (loss) on the sale of assets and entities

-

-

-

-

-

-

-

-

-

-7

-22

Income before income taxes and noncontrolling interest

140,459

101,322

71,330

68,118

64,498

43,265

45,005

52,939

-5,619

96,273

84,643

Income tax expense

26,607

22,399

10,944

22,176

22,848

14,513

15,859

17,511

-1,968

31,727

26,743

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

64,546

57,900

Loss from discontinued operations (net of income tax benefit of $55)

-

-

-

-

-

-

-

-

-

-

-86

Net income

113,852

78,923

60,386

45,942

41,650

28,752

29,146

35,428

-3,651

64,546

57,814

Less net income attributable to noncontrolling interests

18,126

15,349

10,274

9,359

9,315

6,915

6,804

7,988

9,593

15,787

13,973

Net income (loss) attributable to LHC Group, Inc.

-

-

-

-

-

-

-

-

-

48,759

43,841

Redeemable noncontrolling interests

-

-

-

-

-

-

-

-

-

-41

-45

Net income attributable to LHC Group, Inc.’s common stockholders

95,726

63,574

50,112

36,583

32,335

21,837

22,342

27,440

-13,244

48,800

43,886

Earnings per share:
Income (loss) from continuing operations attributable to LHC Group, Inc.

-

-

-

-

-

-

-

-

-

-

2.44

Loss from discontinued operations attributable to LHC Group, Inc.

-

-

-

-

-

-

-

-

-

-

0.00

Basic (usd per share)

3.09

2.31

2.83

2.08

1.86

1.27

1.31

1.54

-0.73

2.69

2.44

Earnings per share - diluted:
Redeemable noncontrolling interest

-

-

-

-

-

-

-

-

-

-

0.00

Net income (loss) attributable to LHC Group, Inc.'s common stockholders

-

-

-

-

-

-

-

-

-

-

2.44

Income (loss) from continuing operations attributable to LHC Group, Inc.

-

-

-

-

-

-

-

-

-

-

2.43

Loss from discontinued operations attributable to LHC Group, Inc.

-

-

-

-

-

-

-

-

-

-

0.00

Diluted (usd per share)

3.07

2.29

2.79

2.07

1.84

1.26

1.30

1.53

-0.73

2.68

2.43

Redeemable noncontrolling interest

-

-

-

-

-

-

-

-

-

-

0.00

Net income attributable to LHC Group, Inc.'s common stockholders

-

-

-

-

-

-

-

-

-

-

2.43

Weighted average shares outstanding:
Basic (in shares)

30,932

27,498

17,715

17,559

17,405

17,229

17,049

17,853

18,265

18,119

17,960

Diluted (in shares)

31,209

27,773

17,961

17,682

17,547

17,315

17,132

17,899

18,265

18,226

18,069