NATIONAL HEALTHCARE CORP NHC Balance Sheet

National healthcare corp (NHC)

Balance Sheet / 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	Dec'10
Current Assets:
Cash and cash equivalents
69,492	50,334	59,261	29,746	38,194	43,247	55,599	59,322	54,962	59,118	69,790	60,848	47,096	26,335	19,212	37,543	49,183	38,208	70,781	71,500	78,211	69,767	76,917	75,758	84,137	81,705	88,410	74,634	73,839	66,701	83,707	69,209	59,714	61,008	53,158	37,331	28,478
Restricted cash and cash equivalents, current portion
12,947	8,944	7,114	34,436	14,785	9,967	10,209	7,629	9,864	6,397	9,783	3,582	14,572	3,125	14,996	14,364	12,142	8,793	8,494	6,983	17,366	7,020	10,075	11,556	17,163	10,298	12,149	14,525	17,376	11,563	35,917	52,937	53,186	50,587	49,118	50,199	51,992
Marketable equity securities
92,061	152,453	156,319	147,007	147,061	140,223	139,502	136,016	123,568	139,085	143,763	148,137	136,341	138,013	147,017	141,756	125,871	116,168	110,567	117,906	134,795	132,535	108,529	117,618	113,461	105,009	108,199	114,113	123,577	107,250	98,000	97,602	93,074	85,051	80,089	85,127	85,116
Restricted marketable debt securities, current portion
16,685	20,576	21,222	0	13,486	18,676	17,606	20,064	18,067	21,012	15,627	21,963	10,979	22,773	12,571	13,220	15,260	18,276	18,260	19,605	9,510	19,805	14,235	12,517	140,078	14,027	141,861	135,232	134,782	135,207	109,027	87,438	85,207	83,625	84,686	78,059	70,877
Accounts receivable
100,411	92,975	92,040	97,448	100,619	97,274	87,263	82,230	85,006	86,767	80,258	79,640	83,339	82,531	76,654	77,228	81,732	84,095	81,854	77,957	81,570	78,843	73,417	80,842	86,949	79,856	79,827	76,511	75,687	76,959	63,080	63,607	70,360	71,696	66,875	66,078	77,049
Inventories
7,904	7,441	7,774	7,317	6,953	7,470	7,590	7,306	7,266	7,153	7,113	7,198	7,320	7,508	7,446	7,137	7,298	7,568	7,566	7,273	7,113	7,127	7,362	7,179	7,260	7,146	7,078	6,349	6,558	6,660	6,479	6,794	6,938	7,419	7,242	7,639	7,853
Prepaid expenses and other assets
5,397	4,075	3,674	4,192	4,598	3,863	3,163	3,428	3,478	2,864	2,582	3,617	3,928	2,648	2,875	3,138	3,124	2,171	2,488	2,959	3,118	2,260	1,913	2,653	2,977	1,208	2,016	2,397	2,917	1,132	1,727	2,285	2,779	1,082	2,201	2,465	1,251
Notes receivable, current portion
1,785	1,695	1,456	1,431	1,417	1,289	1,338	1,499	1,422	1,450	1,267	1,299	875	3,259	2,253	1,977	1,656	460	4,970	3,956	464	441	435	62	285	417	376	5,664	5,950	5,840	-	-	-	1,260	-	-	-
Federal income tax receivable
0	2,560	2,330	-	-	0	2,203	0	1,527	5,465	5,913	2,447	0	4,665	4,206	915	0	3,203	613	-	-	4,727	5,953	2,829	-	-	-	-	-	5,933	-	-	-	6,470	-	-	-
Total current assets
306,682	341,053	351,190	321,577	327,113	322,009	324,473	317,494	305,160	329,311	336,096	328,731	304,450	290,857	287,230	297,278	296,266	278,942	305,593	308,139	332,147	322,525	298,836	311,014	452,310	299,666	439,916	429,425	440,686	417,245	397,937	379,872	371,258	368,198	343,369	326,898	322,616
Property and Equipment:
Property and equipment, at cost
1,032,795	1,017,204	1,010,629	1,009,842	987,763	979,088	977,373	974,049	965,774	958,748	954,739	949,753	941,172	933,140	921,496	911,303	888,686	875,287	856,078	844,660	834,336	821,792	806,470	796,510	782,980	734,682	725,732	695,485	681,818	675,455	669,084	664,754	661,702	659,523	654,498	653,501	640,150
Accumulated depreciation and amortization
492,175	481,774	471,025	465,256	454,959	444,438	436,437	430,014	419,697	409,429	402,396	394,224	383,777	373,516	363,831	357,979	348,562	339,241	329,823	325,039	315,945	307,048	299,057	294,222	285,779	277,884	270,818	268,410	261,501	254,548	247,241	244,155	236,987	229,872	222,478	218,400	203,758
Net property and equipment
540,620	535,430	539,604	544,586	532,804	534,650	540,936	544,035	546,077	549,319	552,343	555,529	557,395	559,624	557,665	553,324	540,124	536,046	526,255	519,621	518,391	514,744	507,413	502,288	497,201	456,798	454,914	427,075	420,317	420,907	421,843	420,599	424,715	429,651	432,020	435,101	436,392
Other Assets:
Restricted cash and cash equivalents, less current portion
1,741	1,732	1,707	1,724	1,720	1,706	1,925	1,920	1,914	1,906	2,167	2,166	2,141	2,129	2,162	2,336	2,313	2,313	3,631	3,631	3,631	3,631	3,631	3,631	-	3,631	-	-	-	-	-	-	-	-	-	-	-
Restricted marketable debt securities, less current portion
131,126	126,830	128,335	155,571	159,321	153,917	150,428	144,885	144,689	145,383	148,983	141,991	141,860	160,931	166,315	159,840	152,913	151,590	150,564	145,868	143,499	138,468	139,138	134,701	-	127,976	-	-	-	-	-	-	-	-	-	-	-
Deposits and other assets
5,897	5,124	5,636	5,903	5,895	5,602	5,807	5,849	4,884	4,867	6,228	5,639	5,909	5,244	8,170	8,213	8,316	8,451	8,392	8,379	8,345	8,791	7,056	6,740	1,858	6,808	280	174	108	143	156	277	455	397	412	402	302
Operating lease right-of-use assets
196,960	202,909	208,785	214,367	220,134	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
21,341	20,995	20,995	20,995	20,995	20,995	20,995	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	17,600	20,320	20,320	20,320	20,320
Notes receivable, less current portion
13,168	13,384	13,992	14,217	9,538	9,707	10,031	10,952	11,398	11,801	11,989	12,245	13,270	13,820	12,639	12,970	13,270	12,704	13,163	13,042	12,453	12,548	12,664	13,146	15,828	14,961	13,054	15,547	15,445	15,949	22,113	22,429	22,279	21,189	22,098	22,532	23,671
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,168	22,269	20,180	18,700	21,438	21,000	16,451	18,164	14,083	14,984	13,844	12,817	10,353	11,481	10,374	10,167	10,933	12,310	12,000
Investments in unconsolidated companies
38,772	39,191	36,987	35,675	34,777	32,362	30,073	28,014	27,499	36,339	35,431	36,345	36,351	37,242	36,574	36,005	37,246	37,683	34,925	35,076	35,607	37,116	35,226	34,469	36,056	38,754	36,125	37,655	41,823	40,039	36,091	33,935	27,601	20,502	17,175	16,000	14,204
Total other assets
409,005	410,165	416,437	448,452	452,380	224,289	219,259	209,220	207,984	217,896	222,398	215,986	217,131	236,966	243,460	236,964	231,658	230,341	250,443	245,865	241,315	236,854	236,753	231,287	87,793	227,894	81,142	85,960	88,820	86,548	86,313	85,722	78,309	72,575	70,938	71,564	70,497
Total assets
1,256,307	1,286,648	1,307,231	1,314,615	1,312,297	1,080,948	1,084,668	1,070,749	1,059,221	1,096,526	1,110,837	1,100,246	1,078,976	1,087,447	1,088,355	1,087,566	1,068,048	1,045,329	1,082,291	1,073,625	1,091,853	1,074,123	1,043,002	1,044,589	1,037,304	984,358	975,972	942,460	949,823	924,700	906,093	886,193	874,282	870,424	846,327	833,563	829,505
Current Liabilities:
Trade accounts payable
18,275	18,903	18,693	15,737	19,318	19,759	19,611	16,166	16,715	15,978	14,736	14,738	18,579	18,593	17,359	21,803	17,891	20,128	16,107	17,121	20,716	15,877	13,607	16,937	17,973	13,050	12,522	11,251	10,948	10,555	5,436	6,168	10,108	9,834	9,449	11,847	10,947
Finance lease obligations, current portion
4,228	4,166	4,104	4,043	6,780	3,924	3,865	3,808	3,751	3,696	3,641	3,587	3,533	3,481	3,429	3,378	3,328	3,279	3,230	3,182	3,135	3,088	3,042	2,997	2,953	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities, current portion
24,557	24,243	23,988	23,625	23,353	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued payroll
48,892	69,826	59,497	56,691	45,888	67,618	58,487	55,688	44,483	67,102	55,586	53,311	41,976	65,912	50,579	50,005	50,714	65,338	59,284	49,010	45,673	59,859	54,423	43,371	40,679	63,462	56,645	39,199	35,385	37,243	50,275	39,021	37,418	54,063	49,395	37,797	52,055
Amounts due to third party payors
15,607	15,108	15,911	16,799	16,293	16,108	17,596	17,218	17,155	17,389	20,649	17,950	17,687	17,019	19,007	18,410	17,598	16,654	26,411	25,457	24,433	22,931	24,112	22,908	22,508	21,619	21,009	20,754	16,826	19,267	18,758	16,395	16,991	16,807	18,337	17,706	17,667
Accrued risk reserves, current portion
29,632	29,520	28,335	28,496	28,271	28,643	27,815	27,693	27,931	27,409	25,410	25,545	25,551	25,898	27,567	27,584	27,402	27,069	26,754	26,588	26,876	26,825	24,310	24,073	-	24,325	-	-	-	-	-	-	-	-	-	-	-
Other current liabilities
18,811	15,029	22,594	18,330	22,407	14,249	16,561	14,808	14,312	16,194	20,293	14,623	17,905	13,207	18,044	12,773	15,769	12,192	15,517	13,552	16,496	12,472	14,269	13,357	20,160	13,784	17,689	13,291	23,182	20,411	14,748	15,844	16,990	20,335	14,313	17,608	17,895
Dividends payable
7,980	7,968	7,966	7,966	7,652	7,623	7,613	7,612	7,305	7,297	7,294	7,294	6,831	6,818	6,817	6,876	6,106	5,996	7,874	7,867	7,043	7,000	6,998	7,040	6,784	6,730	6,726	6,723	6,461	6,480	6,413	6,404	6,411	6,362	6,351	6,344	5,997
Current maturities of long-term debt
50,000	10,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,587	20,406	15,240	9,096	25,510	28,193	36,058	35,506	25,582	29,337	24,859	24,790	22,617	25,168	30,420	24,474	19,937	19,380	17,238	14,526	12,200	14,356	14,186
Total current liabilities
217,982	194,763	181,088	171,687	169,962	157,924	151,548	142,993	131,652	155,065	147,609	137,048	132,062	150,928	142,802	140,829	138,808	150,656	180,687	170,970	180,430	183,558	166,343	160,020	248,220	167,760	255,922	231,249	237,589	228,761	218,769	206,905	204,851	220,659	206,367	197,900	224,296
Long–term debt
-	-	30,000	55,000	55,000	55,000	75,000	85,000	100,000	100,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000	10,000
Finance lease obligations, less current portion
13,882	14,963	16,028	17,077	18,110	19,128	20,132	21,120	22,094	23,052	23,997	24,927	25,845	26,748	27,638	28,515	29,378	30,228	31,067	31,893	32,706	33,508	34,297	35,075	35,841	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities, less current portion
172,403	178,666	184,797	190,742	196,781	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued risk reserves, less current portion
71,130	66,491	69,944	68,795	70,271	67,381	67,972	67,115	68,315	65,866	70,103	68,996	69,272	65,264	70,042	70,930	74,272	71,439	79,179	81,927	84,024	79,393	88,526	87,719	-	86,232	-	-	-	-	-	-	-	-	-	-	-
Refundable entrance fees
7,455	7,455	7,394	7,975	8,078	8,078	8,668	8,668	8,668	8,827	8,827	9,167	9,405	9,924	9,669	9,831	10,071	9,865	10,208	10,016	10,159	10,219	10,320	10,678	11,187	10,720	10,600	10,640	10,837	10,680	-	-	-	-	-	-	-
Obligation to provide future services
2,035	2,035	2,172	2,172	2,172	2,172	2,887	2,887	2,887	2,887	3,236	3,236	3,236	3,236	3,440	3,440	3,440	3,440	3,927	3,927	3,927	3,927	3,689	3,689	3,689	3,689	1,791	1,791	1,791	1,791	-	-	-	-	-	-	-
Deferred income taxes
8,469	24,012	26,193	21,145	20,830	18,550	18,648	15,240	12,580	18,376	26,027	25,178	20,007	22,072	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued risk reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	112,304	-	118,714	114,863	114,367	110,331	103,202	103,693	99,695	98,732	96,322	92,242	105,549
Other noncurrent liabilities
14,590	16,058	13,765	15,395	15,306	15,204	14,703	16,335	16,132	15,795	15,542	17,350	16,830	16,302	16,210	17,367	16,788	16,294	16,737	17,397	16,815	16,011	15,631	15,751	15,171	14,525	14,026	15,044	14,462	13,890	13,576	16,587	16,104	16,244	16,954	18,903	18,861
Deferred revenue
5,006	3,136	3,819	4,380	5,072	3,054	3,892	4,621	5,256	3,226	4,007	4,886	5,594	3,362	4,152	4,705	5,473	3,315	4,129	4,892	5,392	3,359	4,079	4,850	5,695	3,320	3,977	4,913	6,334	3,430	11,246	12,729	14,295	11,785	13,707	15,649	13,990
Deferred Lease Credits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	303	606	1,212
Total liabilities
512,952	507,579	535,200	554,368	561,582	346,491	363,450	363,979	367,584	393,094	419,348	410,788	402,251	417,836	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity:
Commitments, Contingencies and Guarantees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Series A convertible preferred stock; $.01 par value; 25,000,000 shares authorized; -0- and 10,836,659 shares, respectively, issued and outstanding; stated at liquidation value of $15.75 per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	169,305	169,479	170,494	170,494	170,494	170,494	170,507	170,510	170,510	170,512	170,512	170,514	170,514	170,514	170,515	170,515	170,515	170,515	170,548
Common stock, $.01 par value; 45,000,000 shares authorized; 15,346,601 and 15,332,206 shares, respectively, issued and outstanding
153	153	153	153	153	153	152	152	152	152	152	152	152	152	152	153	153	150	143	142	141	140	140	141	142	140	140	140	140	141	139	139	139	138	138	138	136
Capital in excess of par value
223,600	222,787	221,394	221,054	219,566	219,435	217,657	217,296	216,287	215,659	214,347	213,785	212,366	211,457	210,710	218,896	217,896	209,469	166,524	163,195	160,696	154,965	153,819	160,431	160,128	153,061	151,854	151,399	150,493	154,692	146,797	145,894	145,306	139,183	137,457	137,117	128,061
Retained earnings
518,261	553,093	547,292	535,797	530,052	516,435	505,906	492,377	477,528	419,423	405,250	401,192	397,831	391,934	384,890	380,597	375,607	368,013	359,365	354,672	350,181	343,941	336,102	330,233	324,727	318,216	308,295	295,086	287,413	279,993	289,631	278,762	271,511	265,198	256,992	246,098	226,114
Accumulated other comprehensive income
548	2,560	2,731	2,148	-197	-2,745	-3,692	-3,555	-2,916	67,504	71,119	73,540	65,501	66,068	75,063	71,897	60,922	53,364	51,020	55,115	66,888	64,608	49,562	55,508	51,997	46,185	48,857	51,686	60,252	50,808	45,421	44,663	41,561	36,702	33,894	36,637	36,287
Total National HealthCare Corporation stockholders’ equity
742,562	778,593	771,570	759,152	749,574	733,278	720,023	706,270	691,051	702,738	690,868	688,669	675,850	669,611	670,815	671,543	654,578	630,996	746,357	742,603	748,400	734,148	710,117	716,807	707,501	688,112	679,656	668,823	668,810	656,148	652,502	639,972	629,032	611,736	598,996	590,505	561,146
Noncontrolling interest
793	476	461	1,095	1,141	1,179	1,195	500	586	694	621	789	875	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total equity
743,355	779,069	772,031	760,247	750,715	734,457	721,218	706,770	691,637	703,432	691,489	689,458	676,725	669,611	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and equity
1,256,307	1,286,648	1,307,231	1,314,615	1,312,297	1,080,948	1,084,668	1,070,749	1,059,221	1,096,526	1,110,837	1,100,246	1,078,976	1,087,447	1,088,355	1,087,566	1,068,048	1,045,329	1,082,291	1,073,625	1,091,853	1,074,123	1,043,002	1,044,589	1,037,304	984,358	975,972	942,460	949,823	924,700	906,093	886,193	874,282	870,424	846,327	833,563	829,505