NATIONAL HEALTHCARE CORP NHC Income Statement

National healthcare corp (NHC)

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
Revenues:
Net patient revenues
244,095	241,407	235,090	235,264	236,111	235,601	234,827	230,654	231,692	-	-	-	-	224,426	218,647	216,487	218,106	223,001	215,351	214,433	212,061	216,114	207,772	205,632	199,769	196,040	182,966	178,401	178,430	180,175	175,361	173,737	176,113	178,958	182,134	176,844	177,553	165,344	162,848
Other revenues
12,029	12,473	11,977	11,887	12,174	13,319	11,499	11,488	11,269	12,322	11,937	11,610	11,284	10,517	12,634	11,281	11,482	10,926	10,035	10,469	10,346	10,260	10,451	10,923	10,762	10,756	12,806	13,610	15,948	13,802	13,946	13,931	13,937	13,489	14,930	13,939	15,395	13,207	14,074
Net operating revenues
256,124	253,880	247,067	247,151	248,285	248,920	246,326	242,142	242,961	245,466	241,196	238,695	238,538	234,943	231,281	227,768	229,588	233,927	225,386	224,902	222,407	226,374	218,223	216,555	210,531	206,796	195,772	192,011	194,378	193,977	189,307	187,668	190,050	192,447	197,064	190,783	192,948	178,551	176,922
Cost and expenses:
Salaries, wages and benefits
147,469	151,390	152,175	147,878	141,388	147,972	149,188	145,466	140,095	145,404	145,900	142,684	138,055	142,516	140,403	135,068	130,020	139,969	135,136	131,914	125,716	135,972	128,938	125,614	119,725	123,400	113,739	109,358	107,063	108,906	106,844	104,713	106,471	108,247	106,870	104,793	108,762	98,531	97,680
Other operating
71,668	64,682	66,730	67,598	69,432	61,770	64,507	62,589	65,172	61,311	63,250	62,094	63,178	53,204	58,956	57,306	61,309	53,242	56,616	57,467	59,747	50,340	55,365	55,696	55,742	46,098	45,752	48,728	54,411	46,959	48,519	49,224	51,528	48,555	54,807	51,888	41,389	49,296	48,358
Facility rent
10,332	9,916	10,167	10,197	10,238	10,232	10,190	10,272	10,229	10,094	10,106	10,079	10,088	10,332	10,314	10,319	10,327	9,995	10,006	9,981	9,985	10,772	9,913	9,913	9,133	9,822	9,889	9,870	9,868	9,848	9,813	9,847	9,847	9,992	10,000	9,879	9,865	9,518	9,457
Depreciation and amortization
10,438	10,904	10,663	10,335	10,517	10,718	10,437	10,397	10,342	11,043	10,833	10,481	10,295	10,176	9,998	9,495	9,354	9,672	9,273	9,236	8,933	9,240	8,639	8,605	7,900	7,574	7,045	6,972	6,956	7,624	7,402	7,386	7,380	7,557	7,307	7,075	6,962	6,800	6,663
Interest
412	491	764	954	926	1,034	1,170	1,253	1,240	1,291	1,322	1,219	1,058	1,028	1,020	939	954	826	594	598	590	599	632	644	290	83	82	82	84	110	119	108	118	110	136	108	89	136	146
Total costs and expenses
240,319	237,383	240,499	236,962	232,501	231,726	235,492	229,977	227,078	229,143	231,411	226,557	222,674	217,256	220,691	213,127	211,964	213,704	211,625	209,196	204,971	206,170	203,487	200,472	193,543	186,977	176,507	175,010	178,382	173,447	172,697	171,278	175,344	174,461	179,120	173,743	167,067	164,281	162,304
Income from operations
15,805	16,497	6,568	10,189	15,784	17,194	10,834	12,165	15,883	16,323	9,785	12,138	15,864	17,687	10,590	14,641	17,624	20,223	13,761	15,706	17,436	20,204	14,736	16,083	16,988	19,819	19,265	17,001	15,996	20,530	16,610	16,390	14,706	17,986	17,944	17,040	25,881	14,270	14,618
Other income:
Non–operating income
8,146	5,811	6,663	8,272	6,001	6,614	8,467	5,654	-3,065	4,392	6,090	5,189	4,768	4,876	5,091	4,925	4,773	5,246	4,550	4,130	4,222	4,392	3,937	4,281	4,572	5,674	11,171	6,632	6,618	6,699	6,771	5,907	5,868	5,677	5,140	5,155	4,561	5,424	4,959
Unrealized gains/(losses) on marketable equity securities
-60,392	-3,866	9,312	-54	6,838	721	3,486	12,448	-15,517	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income/(loss) before income taxes
-36,441	18,442	22,543	18,407	28,623	24,529	22,787	30,267	-2,699	20,715	15,875	17,327	20,632	22,563	15,681	19,566	22,397	25,469	18,311	19,836	21,658	24,596	18,673	20,364	21,560	25,493	30,436	23,633	22,614	27,229	23,381	22,297	20,574	23,663	23,084	22,195	30,442	19,694	19,577
Income tax (provision)/benefit
-9,625	4,755	3,167	4,725	7,392	6,393	1,700	7,892	200	-581	4,691	6,758	7,999	8,700	4,571	7,700	8,698	10,493	5,744	7,478	8,416	9,796	5,844	7,853	8,331	8,904	10,559	9,291	8,809	11,334	6,185	8,742	7,920	8,219	5,873	8,584	11,718	4,611	7,727
Net income/(loss)
-26,816	13,687	19,376	13,682	21,231	18,136	21,087	22,375	-2,899	21,296	11,184	10,569	12,633	13,863	11,110	11,866	13,699	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Income)/loss attributable to noncontrolling interest
36	-83	-85	-29	-38	-16	-55	-86	-108	-174	-168	-86	-95	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income/(loss) attributable to National HealthCare Corporation
-26,852	13,770	19,461	13,711	21,269	18,152	21,142	22,461	-2,791	21,470	11,352	10,655	12,728	13,863	11,110	11,866	13,699	-	12,567	12,358	13,242	14,800	12,829	12,511	13,229	16,589	19,877	14,342	13,805	15,895	17,196	13,555	12,654	15,444	17,211	13,611	18,724	15,083	11,850
Dividends to preferred stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	332	2,152	2,167	2,168	2,168	2,167	2,167	2,168	2,168	2,167	2,168	2,168	2,168	2,167	2,168	2,168	2,168	2,167	2,168	2,168	2,169	2,168
Net income attributable to common stockholders of National HealthCare Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,644	10,415	10,191	11,074	12,632	10,662	10,344	11,061	14,421	17,710	12,174	11,637	13,727	15,029	11,387	10,486	13,276	15,044	11,443	16,556	12,914	9,682
Earnings/(loss) per share attributable to National HealthCare Corporation stockholders:
Basic (in dollars per share)
-1.76	0.91	1.27	0.90	1.39	1.18	1.39	1.48	-0.18	1.41	0.75	0.70	0.84	0.91	0.73	0.78	0.92	1.05	0.75	0.74	0.80	0.92	0.77	0.75	0.80	1.05	1.28	0.88	0.84	0.99	1.08	0.82	0.76	0.96	1.09	0.83	1.21	0.95	0.70
Diluted (in dollars per share)
-1.76	0.89	1.27	0.89	1.39	1.19	1.39	1.47	-0.18	1.40	0.75	0.70	0.84	0.90	0.73	0.78	0.91	1.00	0.72	0.71	0.77	0.89	0.75	0.72	0.78	1.00	1.19	0.86	0.82	0.97	1.04	0.81	0.75	0.93	1.05	0.83	1.15	0.95	0.70
Weighted average common shares outstanding:
Basic (in shares)
15,294	15,279	15,275	15,269	15,256	15,235	15,225	15,221	15,216	15,200	15,195	15,189	15,173	15,155	15,198	15,266	14,916	14,220	13,801	13,772	13,761	13,747	13,805	13,868	13,843	13,819	13,820	13,816	13,861	13,872	13,852	13,845	13,840	13,813	13,807	13,796	13,680	13,649	13,746
Diluted (in shares)
15,294	15,389	15,373	15,352	15,324	15,260	15,242	15,228	15,216	15,222	15,220	15,220	15,212	15,180	15,222	15,289	15,135	14,871	14,422	14,381	14,289	14,198	14,236	14,282	14,170	19,313	16,686	16,682	14,111	21,906	16,605	13,975	13,908	19,067	16,444	13,816	16,327	13,650	13,747
Dividends declared per common share (in dollars per share)
0.52	0.52	0.52	0.52	0.50	0.50	0.50	0.50	0.48	0.48	0.48	0.48	0.45	0.45	0.45	0.45	0.40	0.40	0.40	0.40	0.34	0.34	0.34	0.34	0.32	0.32	0.32	0.32	0.30	-	0.30	0.30	-	-	-	-	-	-	-