NATIONAL HEALTHCARE CORP NHC Income Statement

National healthcare corp (NHC)

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	Sep'10	Jun'10
Revenues:
Net patient revenues
955,856	947,872	942,066	941,803	937,193	932,774	0	0	0	-	-	-	-	877,666	876,241	872,945	870,891	864,846	857,959	850,380	841,579	829,287	809,213	784,407	757,176	735,837	719,972	712,367	707,703	705,386	704,169	710,942	714,049	715,489	701,875	682,589	0	0	0
Other revenues
48,366	48,511	49,357	48,879	48,480	47,575	46,578	47,016	47,138	47,153	45,348	46,045	45,716	45,914	46,323	43,724	42,912	41,776	41,110	41,526	41,980	42,396	42,892	45,247	47,934	53,120	56,166	57,306	57,627	55,616	55,303	56,287	56,295	57,753	57,471	56,615	0	0	0
Net operating revenues
1,004,222	996,383	991,423	990,682	985,673	980,349	976,895	971,765	968,318	963,895	953,372	943,457	932,530	923,580	922,564	916,669	913,803	906,622	899,069	891,906	883,559	871,683	852,105	829,654	805,110	788,957	776,138	769,673	765,330	761,002	759,472	767,229	770,344	773,242	759,346	739,204	0	0	0
Cost and expenses:
Salaries, wages and benefits
598,912	592,831	589,413	586,426	584,014	582,721	580,153	576,865	574,083	572,043	569,155	563,658	556,042	548,007	545,460	540,193	537,039	532,735	528,738	522,540	516,240	510,249	497,677	482,478	466,222	453,560	439,066	432,171	427,526	426,934	426,275	426,301	426,381	428,672	418,956	409,766	0	0	0
Other operating
270,678	268,442	265,530	263,307	258,298	254,038	253,579	252,322	251,827	249,833	241,726	237,432	232,644	230,775	230,813	228,473	228,634	227,072	224,170	222,919	221,148	217,143	212,901	203,288	196,320	194,989	195,850	198,617	199,113	196,230	197,826	204,114	206,778	196,639	197,380	190,931	0	0	0
Facility rent
40,612	40,518	40,834	40,857	40,932	40,923	40,785	40,701	40,508	40,367	40,605	40,813	41,053	41,292	40,955	40,647	40,309	39,967	40,744	40,651	40,583	39,731	38,781	38,757	38,714	39,449	39,475	39,399	39,376	39,355	39,499	39,686	39,718	39,736	39,262	38,719	0	0	0
Depreciation and amortization
42,340	42,419	42,233	42,007	42,069	41,894	42,219	42,615	42,699	42,652	41,785	40,950	39,964	39,023	38,519	37,794	37,535	37,114	36,682	36,048	35,417	34,384	32,718	31,124	29,491	28,547	28,597	28,954	29,368	29,792	29,725	29,630	29,319	28,901	28,144	27,500	0	0	0
Interest
2,621	3,135	3,678	4,084	4,383	4,697	4,954	5,106	5,072	4,890	4,627	4,325	4,045	3,941	3,739	3,313	2,972	2,608	2,381	2,419	2,465	2,165	1,649	1,099	537	331	358	395	421	455	455	472	472	443	469	479	0	0	0
Total costs and expenses
955,163	947,345	941,688	936,681	929,696	924,273	921,690	917,609	914,189	909,785	897,898	887,178	873,748	863,038	859,486	850,420	846,489	839,496	831,962	823,824	815,100	803,672	784,479	757,499	732,037	716,876	703,346	699,536	695,804	692,766	693,780	700,203	702,668	694,391	684,211	667,395	0	0	0
Income from operations
49,059	49,038	49,735	54,001	55,977	56,076	55,205	54,156	54,129	54,110	55,474	56,279	58,782	60,542	63,078	66,249	67,314	67,126	67,107	68,082	68,459	68,011	67,626	72,155	73,073	72,081	72,792	70,137	69,526	68,236	65,692	67,026	67,676	78,851	75,135	71,809	0	0	0
Other income:
Non–operating income
28,892	26,747	27,550	29,354	26,736	17,670	15,448	13,071	12,606	20,439	20,923	19,924	19,660	19,665	20,035	19,494	18,699	18,148	17,294	16,681	16,832	17,182	18,464	25,698	28,049	30,095	31,120	26,720	25,995	25,245	24,223	22,592	21,840	20,533	20,280	20,099	0	0	0
Unrealized gains/(losses) on marketable equity securities
-55,000	12,230	16,817	10,991	23,493	1,138	417	-3,069	-15,517	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income/(loss) before income taxes
22,951	88,015	94,102	94,346	106,206	74,884	71,070	64,158	51,218	74,549	76,397	76,203	78,442	80,207	83,113	85,743	86,013	85,274	84,401	84,763	85,291	85,193	86,090	97,853	101,122	102,176	103,912	96,857	95,521	93,481	89,915	89,618	89,516	99,384	95,415	91,908	0	0	0
Income tax (provision)/benefit
3,022	20,039	21,677	20,210	23,377	16,185	9,211	12,202	11,068	18,867	28,148	28,028	28,970	29,669	31,462	32,635	32,413	32,131	31,434	31,534	31,909	31,824	30,932	35,647	37,085	37,563	39,993	35,619	35,070	34,181	31,066	30,754	30,596	34,394	30,786	32,640	0	0	0
Net income/(loss)
19,929	67,976	72,425	74,136	82,829	58,699	61,859	51,956	40,150	55,682	48,249	48,175	49,472	50,538	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Income)/loss attributable to noncontrolling interest
-161	-235	-168	-138	-195	-265	-423	-536	-536	-523	-349	-181	-95	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income/(loss) attributable to National HealthCare Corporation
20,090	68,211	72,593	74,274	83,024	58,964	62,282	52,492	40,686	56,205	48,598	48,356	49,567	50,538	51,651	53,108	53,600	-	52,967	53,229	53,382	53,369	55,158	62,206	64,037	64,613	63,919	61,238	60,451	59,300	58,849	58,864	58,920	64,990	64,629	59,268	0	0	0
Dividends to preferred stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,819	8,655	8,670	8,670	8,670	8,670	8,670	8,671	8,671	8,671	8,671	8,671	8,671	8,671	8,671	8,671	8,671	8,672	8,673	0	0	0
Net income attributable to common stockholders of National HealthCare Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,324	44,312	44,559	44,712	44,699	46,488	53,536	55,366	55,942	55,248	52,567	51,780	50,629	50,178	50,193	50,249	56,319	55,957	50,595	0	0	0
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	-	-	-	-	-	-	-