LHC Group, Inc LHCG Income Statement

Lhc group, inc (LHCG)

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
Net service revenue
512,871	531,315	528,499	517,842	502,585	509,842	507,043	502,024	291,054	291,140	269,678	257,535	244,249	220,653	230,797	226,031	222,552	218,993	204,122	200,172	193,079	193,371	187,713	188,867	163,681	165,280	164,748	166,302	161,953	161,827	158,926	158,055	158,761	157,676	153,398	161,015	161,783	165,672	153,642
Cost of service revenue (excluding depreciation and amortization)
321,202	343,267	334,768	325,860	320,992	324,539	322,196	321,004	188,618	187,426	172,856	161,158	154,370	144,089	140,832	137,128	135,601	128,940	120,873	116,639	114,426	112,792	113,122	111,527	97,334	95,241	97,966	97,009	93,248	92,441	91,234	92,218	89,859	89,359	87,815	86,216	88,956	87,227	78,737
Gross margin
191,669	188,048	193,731	191,982	181,593	185,303	184,847	181,020	102,436	103,714	96,822	96,377	89,879	76,564	89,965	88,903	86,951	90,053	83,249	83,533	78,653	80,579	74,591	77,340	66,347	70,039	66,782	69,293	68,705	69,386	67,692	65,837	68,902	68,317	65,583	74,799	72,827	78,445	74,905
Provision for bad debts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,275	3,782	4,601	4,370	4,809	4,805	5,259	4,081	3,974	4,363	3,362	4,096	2,708	3,208	3,917	3,480	2,987	2,647	2,761	3,416	3,199	3,143	2,562	1,699	1,542
General and administrative expenses
157,866	155,372	146,829	148,584	145,221	147,099	149,572	149,214	92,031	89,484	75,492	73,552	72,011	69,122	66,999	68,261	66,240	67,899	60,472	60,250	59,298	61,399	58,197	59,723	54,579	54,806	53,047	54,157	51,623	50,674	52,464	50,967	50,882	50,738	52,656	52,154	55,040	51,056	49,686
(Gain) Loss on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-142	-1,043	-	-	-276	-120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement with government agencies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65,000	-	-	0	-
Impairment of intangibles and other
0	-	197	1,018	6,319	-	345	778	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	650	-	-	-	-	-	-	-	-
Operating income
33,803	32,476	46,705	42,380	30,053	34,638	34,930	31,028	10,405	12,659	21,330	22,825	17,868	19,086	19,549	15,817	16,110	16,197	17,692	18,358	14,096	11,406	12,420	13,254	8,406	10,617	11,027	11,928	13,165	15,232	11,591	12,223	15,259	14,163	-55,272	19,502	15,225	25,690	23,677
Interest expense
2,768	2,622	2,596	2,885	3,052	1,763	3,264	3,202	1,450	737	995	840	780	277	816	466	885	769	434	554	545	625	643	830	388	440	430	700	425	578	405	208	359	512	217	195	94	33	25
Non-operating income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	79	54	65	65	76	94	-51	65	209	1,396	4	172	90	593
Income before income taxes and noncontrolling interest
31,035	29,854	44,109	39,495	27,001	32,875	31,666	27,826	8,955	11,922	20,335	21,985	17,088	18,809	18,733	15,351	15,225	15,885	17,258	17,804	13,551	11,046	11,777	12,424	8,018	10,256	10,651	11,293	12,805	14,730	11,280	11,964	14,965	13,860	-54,093	19,311	15,303	25,747	24,245
Income tax expense
3,359	3,942	9,508	9,557	3,600	7,567	6,685	7,170	977	-9,466	7,445	7,792	5,173	6,676	6,562	3,596	5,342	5,751	6,148	6,220	4,729	3,314	3,924	4,352	2,923	3,623	3,782	3,918	4,536	4,805	3,388	4,092	5,226	4,452	-18,130	6,549	5,161	8,631	7,979
Net income
27,676	25,912	34,601	29,938	23,401	25,308	24,981	20,656	7,978	21,388	12,890	14,193	11,915	12,133	12,171	11,755	9,883	10,134	11,110	11,584	8,822	7,732	7,853	8,072	5,095	6,633	6,869	7,375	8,269	9,925	7,892	7,872	9,739	9,408	-35,963	12,762	10,142	17,116	16,266
Less net income attributable to noncontrolling interests
5,652	4,109	4,534	4,938	4,545	4,756	3,751	3,859	2,983	2,953	1,984	2,889	2,448	2,316	2,555	2,291	2,197	2,399	2,265	2,634	2,017	2,198	1,679	2,011	1,027	1,664	1,572	1,585	1,983	2,525	1,556	1,909	1,998	2,174	1,997	2,974	2,448	3,818	3,873
Net income (loss) attributable to LHC Group, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,298	12,393
Net income attributable to LHC Group, Inc.’s common stockholders
22,024	21,803	30,067	25,000	18,856	20,552	21,230	16,797	4,995	18,435	10,906	11,304	9,467	9,817	9,616	9,464	7,686	7,735	8,845	8,950	6,805	5,534	6,174	6,061	4,068	4,969	5,297	5,790	6,286	7,400	6,336	5,963	7,741	7,234	-37,960	9,788	7,694	13,298	12,393
Earnings per share:
Basic (usd per share)
0.71	0.70	0.97	0.81	0.61	0.79	0.69	0.55	0.28	1.04	0.61	0.64	0.54	0.55	0.55	0.54	0.44	-	0.51	0.51	-	-	0.36	0.35	-	-	0.31	-	-	-	0.36	0.32	-	-	-2.08	0.54	-	0.73	0.68
Earnings per share - diluted:
Redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00
Net income (loss) attributable to LHC Group, Inc.'s common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.73	0.68
Diluted (usd per share)
0.70	0.71	0.96	0.80	0.60	0.78	0.68	0.55	0.28	1.02	0.61	0.63	0.53	0.55	0.54	0.54	0.44	-	0.50	0.51	-	-	0.36	0.35	-	-	0.31	-	-	-	0.36	0.32	-	-	-2.08	0.53	-	0.73	0.68
Redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00
Net income attributable to LHC Group, Inc.'s common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.39	-	-	-	0.24	-	-	0.34	0.37	-	-	-	0.42	-	-	-	0.42	0.73	0.68
Weighted average shares outstanding:
Basic (in shares)
31,020	92,831	30	30	30,837	109,914	30	30	17	17,751	17,740	17,728	17,643	17,597	17,588	17,566	17,485	17,451	17,436	17,410	17,322	17,274	17,260	17,233	17,148	17,093	17,083	17,055	16,966	17,036	17,656	18,385	18,333	18,302	18,263	18,278	18,215	18,148	18,118
Diluted (in shares)
31,303	93,589	31	31	31,187	111,013	31	30	18	18,051	18,010	17,964	17,817	17,693	17,719	17,685	17,633	17,560	17,610	17,529	17,489	17,358	17,356	17,277	17,268	17,148	17,182	17,127	17,073	17,047	17,726	18,423	18,399	18,099	18,263	18,346	18,351	18,224	18,236