MEDNAX, INC. MD Income Statement

Mednax, inc. (MD)

Income statement / TTM

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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Net revenue
3,508	3,513	3,496	3,456	3,453	3,454	3,477	3,497	3,475	3,458	3,378	3,337	3,266	3,183	3,094	2,988	2,893	2,779	2,688	2,593	2,511	2,438	2,355	2,283	2,217	2,154	2,057	1,976	1,896	1,816	1,750	1,684	1,628	1,588	1,551	1,495	1,450	1,401	1,364	1,333	0	0	0
Operating expenses:
Practice salaries and benefits
2,539	2,508	2,490	2,459	2,443	2,426	2,413	2,400	2,369	2,337	2,253	2,188	2,111	2,031	1,959	1,887	1,825	1,753	1,696	1,641	1,590	1,543	1,492	1,444	1,404	1,361	1,298	1,243	1,187	1,130	1,084	1,039	998	970	946	911	885	854	832	812	0	0	0
Practice supplies and other operating expenses
112	112	106	106	107	108	115	117	120	120	120	123	119	118	111	104	102	98	95	93	91	89	89	87	84	82	77	75	74	71	71	70	68	66	64	61	59	57	54	53	0	0	0
General and administrative expenses
408	404	413	406	404	403	407	412	415	417	405	397	386	372	360	347	327	305	288	268	257	247	235	229	223	218	212	206	199	193	186	180	175	170	167	161	157	154	152	151	0	0	0
Depreciation and amortization
77	78	80	83	83	83	88	91	97	102	101	100	95	89	82	74	70	64	59	54	49	45	42	41	41	39	37	35	32	30	29	28	26	25	23	23	22	21	20	17	0	0	0
Transformational and restructuring related expenses
122	95	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
4,709	4,649	4,591	3,087	3,042	3,022	3,025	3,023	3,001	2,978	2,881	2,809	2,712	2,611	2,514	2,414	2,325	2,222	2,140	2,058	1,988	1,925	1,859	1,803	1,752	1,701	1,626	1,561	1,495	1,427	1,372	1,319	1,269	1,232	1,202	1,159	1,125	1,088	1,058	1,034	0	0	0
Income from operations
-1,201	-1,136	-1,095	368	410	431	451	474	473	480	497	527	553	571	579	574	567	557	547	535	523	512	495	480	464	452	431	415	401	389	378	365	359	355	349	336	325	312	305	298	0	0	0
Investment and other (expense) income
3	5	5	5	5	5	7	5	4	3	1	1	1	2	2	2	2	1	1	1	1	2	3	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	0	0	0
Interest expense
116	119	117	109	99	88	83	79	76	74	71	69	66	63	55	44	34	23	17	13	10	8	6	6	5	5	5	4	3	3	2	3	3	3	3	3	3	3	2	3	0	0	0
Equity in earnings of unconsolidated affiliates
7	7	7	7	6	6	4	2	1	0	2	3	3	3	3	3	3	3	3	3	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non-operating expenses
-105	-105	-104	-96	-87	-76	-71	-71	-70	-69	-67	-64	-61	-57	-50	-38	-28	-18	-13	-9	-6	-4	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) income from continuing operations before income taxes
-1,306	-1,241	-1,199	272	322	355	380	402	403	410	430	462	492	513	529	535	538	539	534	525	516	508	493	477	462	448	427	412	399	388	377	364	357	353	347	334	323	311	304	297	0	0	0
Income tax provision
-98	-91	-78	71	82	96	46	65	77	90	167	169	180	189	190	202	203	204	203	198	194	191	185	179	173	167	159	155	151	147	143	138	136	135	133	117	113	108	107	118	0	0	0
(Loss) income from continuing operations
-1,207	-1,150	-1,121	200	240	258	0	0	0	-	-	-	-	324	338	333	334	335	331	327	322	317	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	-0	-0	-0	-0	-0	-0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of tax
-65	-347	-325	-326	-277	10	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-1,273	-1,497	-1,446	-125	-37	268	344	344	329	320	262	292	311	324	339	333	335	336	332	327	322	317	307	298	288	280	267	256	247	240	233	225	220	217	213	216	209	202	197	178	0	0	0
Loss (income) from continuing operations:
Basic
-0.20	0.40	-15.29	0.43	0.48	700.00	680.00	800.00	650.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted
-0.20	0.40	-15.29	0.42	0.48	700.00	680.00	800.00	640.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations:
Basic
-0.03	-0.29	0.05	-0.53	-3.31	-20.00	40.00	50.00	40.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted
-0.03	-0.29	0.05	-0.52	-3.29	-20.00	40.00	50.00	40.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss:
Basic
-0.23	0.11	-15.24	-0.10	-2.82	0.68	0.72	0.85	0.68	1.47	0.71	0.69	0.59	0.84	1.04	0.89	0.74	1.00	0.98	0.91	0.73	0.90	0.87	0.80	0.64	0.79	0.77	0.70	0.56	0.67	0.67	0.62	0.50	1.21	1.21	1.18	0.96	1.15	1.31	1.06	0.83	1.05	-
Diluted
-0.23	0.11	-15.24	-0.10	-2.81	0.68	0.72	0.85	0.68	1.46	0.71	0.69	0.59	0.84	1.04	0.89	0.73	0.99	0.97	0.90	0.72	0.89	0.86	0.79	0.63	0.78	0.76	0.68	0.55	0.66	0.66	0.61	0.49	1.19	1.19	1.15	0.94	1.12	1.29	1.04	0.81	1.03	-
Weighted average common shares:
Basic
82	82	82	83	86	87	90	92	92	92	92	92	92	92	92	92	92	92	92	92	94	98	99	98	99	99	99	99	98	98	97	97	96	48	47	47	47	46	46	46	46	45	45
Diluted
82	83	82	83	86	88	91	93	93	93	92	92	93	93	93	92	93	93	93	93	95	99	100	99	100	101	101	101	100	100	99	99	98	49	48	48	48	47	47	47	47	46	46