R1 rcm inc. (RCM)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
Assets
Current assets:
Cash and cash equivalents

106,000

92,000

55,600

80,100

116,900

62,800

52,400

38,800

167,600

164,900

142,800

132,400

142,700

181,200

201,947

221,673

280,997

103,497

137,716

121,897

132,003

145,167

193,749

154,120

207,673

228,891

220,171

203,727

182,978

176,956

196,375

200,878

214,474

196,725

177,094

150,297

118,750

155,573

Current portion of restricted cash equivalents

-

-

0

0

400

1,800

1,800

2,000

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

1,023

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,023

-

0

0

0

5,000

5,000

5,000

5,000

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of $4.6 million and $2.8 million allowance

57,600

52,300

39,600

42,700

40,800

42,200

40,200

40,900

8,000

8,200

7,700

7,200

9,000

4,000

8,904

6,575

8,912

10,194

5,137

3,382

4,531

4,438

8,539

13,478

14,317

24,557

23,118

26,346

29,107

25,859

26,489

23,515

20,761

17,118

18,994

11,884

15,839

53,894

Accounts receivable, net of $0.1 million and $0.0 million allowance - related party

36,300

30,800

45,800

28,400

23,100

55,200

29,200

40,300

30,900

15,400

18,000

16,300

25,500

1,800

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid income taxes

-

-

-

-

-

-

-

500

200

-

900

400

200

3,800

856

534

559

1,102

5,425

5,665

5,912

6,138

7,267

10,008

9,847

9,738

5,112

5,490

5,312

4,986

6,525

11,334

8,306

7,575

15,394

24,683

16,633

11,436

Prepaid expenses and other current assets

43,900

41,600

49,100

43,500

36,200

34,800

35,500

26,600

12,400

13,800

16,100

19,100

28,000

13,800

16,024

13,392

13,718

10,924

7,798

11,951

6,984

7,389

9,535

10,137

9,082

6,943

22,029

23,091

21,793

21,522

9,211

12,944

6,517

5,894

4,726

6,097

5,082

1,659

Current deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99,987

61,030

64,416

62,322

62,530

96,462

112,298

105,015

119,693

116,522

273,176

247,659

236,712

223,246

214,160

189,676

37,820

35,509

16,518

-

Prepaid assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,900

Due from related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,283

Total current assets

243,800

216,700

190,100

194,700

217,400

196,800

159,100

149,100

219,100

202,300

185,500

175,400

205,400

204,600

227,731

242,174

305,209

126,740

256,063

203,925

213,846

230,454

286,620

289,205

358,217

375,144

390,123

375,176

512,366

476,982

475,312

471,917

464,218

416,988

254,028

228,470

172,822

225,745

Property, equipment and software, net

116,700

116,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, Plant and Equipment, Net

-

-

114,800

113,400

103,800

95,200

94,100

90,700

49,000

48,300

50,200

50,600

35,000

32,800

30,082

30,447

27,023

27,217

26,579

24,347

16,292

14,594

14,974

14,859

15,856

16,275

17,102

18,521

19,805

21,354

22,629

19,550

18,745

17,169

15,638

16,160

14,766

21,698

Operating lease right-of-use assets

73,800

77,900

75,000

78,400

69,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

161,300

164,700

168,200

171,700

175,200

180,500

182,900

199,400

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

253,200

253,200

253,200

253,200

253,200

254,800

256,300

244,700

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,468

Non-current deferred tax assets

55,600

64,200

66,800

74,900

63,200

57,500

53,400

47,600

58,300

70,500

105,800

104,300

100,800

169,900

184,270

213,908

188,023

300,825

208,278

235,817

216,670

201,163

186,752

158,622

133,771

112,993

110,901

90,721

43,906

53,436

45,754

37,432

31,035

36,457

172,678

154,826

152,394

11,405

Non-current portion of restricted cash equivalents

1,000

500

500

500

500

500

500

1,500

2,900

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

1,500

-

-

-

0

0

0

0

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

-

-

0

Other assets

37,500

35,000

32,700

26,500

24,600

22,200

21,300

20,100

15,500

13,400

11,400

10,000

8,100

6,300

6,692

4,902

4,004

4,007

6

46

160

162

235

309

382

579

596

599

589

605

608

653

662

666

671

683

719

2,303

Total assets

942,900

929,100

901,300

913,300

907,800

807,500

767,600

753,100

344,800

336,000

354,400

341,800

350,800

415,100

450,275

492,931

525,759

460,289

490,926

464,135

446,968

446,373

488,581

462,995

508,226

509,991

523,722

490,017

581,666

557,377

549,303

534,552

519,660

476,280

448,015

400,139

340,701

262,619

Liabilities
Current liabilities:
Accounts payable

24,800

20,200

24,700

18,400

13,500

9,900

7,800

14,600

5,000

7,200

6,900

6,800

2,300

7,900

3,888

3,735

2,068

5,306

6,340

10,193

6,167

12,488

4,936

6,249

5,504

4,254

3,038

486

2,160

900

4,232

2,340

1,481

1,257

873

1,867

1,017

30,073

Current portion of customer liabilities

13,300

14,000

10,900

13,200

11,200

14,700

12,500

8,500

900

1,100

900

1,000

2,100

69,700

71,582

144,619

169,832

202,516

348,828

228,042

227,177

219,998

262,768

298,572

360,133

356,694

402,944

371,433

745,455

676,619

633,875

601,941

574,936

487,998

131,561

112,133

55,039

38,649

Current portion of customer liabilities - related party

31,000

34,100

34,600

46,000

55,400

51,100

23,800

23,300

31,400

27,100

20,100

10,900

13,700

14,200

124,072

141,089

149,127

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation and benefits

48,100

95,100

69,700

64,200

86,200

77,000

60,200

53,000

37,500

37,800

29,200

24,500

28,100

24,800

17,397

16,273

16,735

9,062

15,290

12,153

15,874

14,983

13,771

10,918

18,688

11,810

18,280

12,575

14,549

8,004

2,196

2,067

2,839

15,586

9,097

12,141

4,197

13,331

Current portion of operating lease liabilities

13,300

12,800

11,100

11,300

11,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

16,300

16,300

16,300

16,300

2,700

2,700

3,400

2,700

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Liabilities And Accrued Expenses, Current

-

-

-

-

-

-

-

-

-

16,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest payable

-

-

-

-

-

-

6,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,016

Other accrued expenses

60,600

40,000

35,800

46,700

52,600

40,800

35,300

35,400

23,500

-

16,100

16,200

16,300

18,500

17,123

20,434

17,674

15,743

12,261

11,190

9,434

15,680

16,873

13,863

22,070

20,046

28,772

29,077

23,072

22,206

10,974

12,200

9,991

7,796

6,945

4,014

5,472

6,062

Accrued income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,857

Total current liabilities

207,400

232,500

203,100

216,100

233,000

196,200

149,900

137,500

98,300

89,900

73,200

59,400

62,500

135,100

234,062

326,150

355,436

232,627

382,719

261,578

258,652

263,149

298,348

329,602

406,395

392,804

453,034

413,571

785,236

707,729

651,277

618,548

589,247

512,637

148,476

130,155

65,725

115,988

Non-current portion of customer liabilities - related party

19,300

18,600

17,800

16,800

18,700

17,700

18,000

17,400

14,500

11,500

9,100

8,300

6,100

110,000

62,835

26,554

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current portion of operating lease liabilities

78,400

82,700

81,800

85,400

74,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

363,300

337,700

351,600

365,500

250,900

251,000

255,300

255,600

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt - related party

-

-

0

0

105,000

105,000

100,800

101,100

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current portion of customer liabilities

-

-

-

-

-

-

-

-

0

-

300

500

1,000

1,000

750

24,667

22,835

432,477

323,293

381,925

350,465

317,065

311,158

267,917

225,693

195,392

156,772

130,148

44,155

77,443

66,587

47,627

37,268

58,412

410,391

368,004

373,544

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other non-current liabilities

8,500

10,400

8,400

6,600

8,200

22,900

30,100

19,200

13,000

11,900

12,200

12,600

14,000

9,700

10,152

9,810

9,689

8,498

8,421

10,845

8,323

8,405

6,213

6,467

6,531

7,407

8,254

8,240

8,334

8,405

8,021

8,080

6,882

6,662

6,213

6,211

6,371

3,912

Total non-current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,912

Total liabilities

676,900

681,900

662,700

690,400

690,600

592,800

554,100

530,800

125,800

113,300

94,800

80,800

83,600

255,800

307,799

387,181

387,960

673,602

714,433

654,348

617,440

588,619

615,719

603,986

638,619

595,603

618,060

551,959

837,725

793,577

725,885

674,255

633,397

577,711

565,080

504,370

445,640

119,900

8.00% Series A convertible preferred stock, par value $0.01, 370,000 shares authorized, 271,859 shares issued and outstanding as of March 31, 2020 (aggregate liquidation value of $277.3); 370,000 shares authorized, 266,529 shares issued and outstanding as of December 31, 2019 (aggregate liquidation value of $271.9)

234,500

229,100

223,800

218,500

213,400

208,400

203,500

198,600

193,900

189,300

184,700

180,300

175,900

171,600

167,389

163,269

159,207

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders’ equity:
Preferred stock, $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding at September 30, 2012 and December 31, 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Common stock, $0.01 par value, 500,000,000 shares authorized, 128,362,786 shares issued and 114,575,975 shares outstanding at March 31, 2020; 127,807,546 shares issued and 114,021,280 shares outstanding at December 31, 2019

1,300

1,300

1,300

1,300

1,200

1,200

1,200

1,200

1,200

1,200

1,200

1,200

1,200

1,200

1,164

1,164

1,164

1,133

1,087

1,029

1,029

1,029

1,026

1,014

1,013

1,005

1,005

1,005

1,000

1,000

998

994

993

987

982

974

958

948

Additional paid-in capital

375,200

372,700

370,800

367,900

360,900

361,000

360,600

359,800

355,500

337,900

339,800

341,700

343,900

349,200

348,980

353,856

347,252

322,492

317,543

316,631

309,820

307,075

304,135

299,531

293,212

283,439

281,147

275,569

268,647

262,075

255,751

248,191

242,468

226,911

210,308

200,185

175,530

159,780

Non-executive employee loans for stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41

Accumulated deficit

-260,400

-277,800

-285,600

-294,800

-289,600

-289,800

-284,100

-270,700

-267,800

-244,500

-204,300

-200,700

-194,000

-304,700

-317,828

-355,161

-314,370

-481,773

-487,220

-454,250

-427,962

-397,517

-379,866

-389,419

-372,620

-317,897

-324,283

-286,712

-474,445

-447,980

-419,069

-387,664

-356,293

-328,240

-327,632

-305,409

-281,453

-17,834

Accumulated other comprehensive loss

-11,000

-4,500

-4,400

-2,700

-2,800

-3,500

-5,200

-4,100

-2,300

-1,600

-2,200

-2,000

-2,000

-2,800

-2,540

-2,732

-2,428

-2,488

-2,465

-2,036

-1,815

-1,763

-1,453

-1,200

-1,221

-1,459

-1,581

-1,265

-722

-756

-563

-845

-526

-710

-344

19

26

-

Cumulative translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-134

Treasury stock, at cost, 13,786,811 shares as of March 31, 2020; 13,786,266 shares as of December 31, 2019

73,600

73,600

67,300

67,300

65,900

62,600

62,500

62,500

61,500

59,600

59,600

59,500

57,800

55,200

54,689

54,646

53,026

52,677

52,452

51,587

51,544

51,070

50,980

50,917

50,777

50,700

50,626

50,539

50,539

50,539

13,699

379

379

379

379

-

-

0

Total stockholders’ equity

31,500

18,100

14,800

4,400

3,800

6,300

10,000

23,700

25,100

33,400

74,900

80,700

91,300

-12,300

-24,913

-57,519

-21,408

-213,313

-223,507

-190,213

-170,472

-142,246

-127,138

-140,991

-130,393

-85,612

-94,338

-61,942

-256,059

-236,200

-176,582

-139,703

-113,737

-101,431

-117,065

-104,231

-104,939

142,719

Total liabilities and stockholders’ equity

942,900

929,100

901,300

913,300

907,800

807,500

767,600

753,100

344,800

336,000

354,400

341,800

350,800

415,100

450,275

492,931

525,759

460,289

490,926

464,135

446,968

446,373

488,581

462,995

508,226

509,991

523,722

490,017

581,666

557,377

549,303

534,552

519,660

476,280

448,015

400,139

340,701

262,619