Surgery partners, inc. (SGRY)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Dec'14
ASSETS
Current assets:
Cash and cash equivalents

194

92

111

117

142

184

79

96

112

174

199

57

55

69

55

51

135

57

56

74

Accounts receivable

311

326

303

301

294

307

286

276

275

288

271

215

218

220

205

202

185

177

164

144

Inventories

49

46

44

44

43

43

44

45

48

44

44

29

29

28

26

25

26

25

24

23

Prepaid expenses

-

-

-

-

-

16

-

-

-

16

-

-

-

-

-

-

-

-

-

-

Other current assets

-

-

-

-

-

36

-

-

-

38

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

59

59

59

65

54

-

53

54

54

-

53

42

35

32

30

26

32

34

26

24

Acquisition escrow deposit

-

-

-

-

-

-

-

-

-

-

4

7

10

10

9

8

13

13

14

0

Indemnification receivable due from seller

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

1

1

1

1

Total current assets

614

525

517

529

535

588

463

472

490

563

573

352

350

361

328

316

394

310

288

268

Property, Plant and Equipment, Net

-

-

-

-

-

426

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net of accumulated depreciation of $130.1 and $110.7, respectively

513

523

408

400

400

-

420

411

400

398

388

205

204

204

199

196

191

184

173

175

Goodwill and other intangible assets, net

3,443

3,449

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible Assets, Net (Excluding Goodwill)

-

-

52

53

54

54

55

61

62

58

56

43

45

48

48

51

51

53

53

54

Goodwill

-

-

3,405

3,402

3,393

3,382

3,372

3,376

3,382

3,346

3,270

1,569

1,556

1,555

1,531

1,510

1,417

1,407

1,330

1,298

Investments in and advances to affiliates

90

93

93

93

78

78

80

78

75

74

64

34

35

34

34

34

34

34

33

33

Right-of-use operating lease assets

293

297

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term deferred tax assets

114

98

-

-

-

109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted invested assets

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

Long-term deferred tax assets

-

-

96

99

100

-

126

131

130

132

209

80

81

83

90

88

91

94

-

0

Long-term acquisition escrow deposit

-

-

-

-

-

-

-

-

-

-

19

370

-

0

1

2

8

8

0

16

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

5

Other long-term assets

21

30

344

313

318

36

39

51

52

48

19

15

15

16

13

11

11

10

7

5

Total assets

5,090

5,018

4,917

4,890

4,880

4,676

4,558

4,583

4,594

4,622

4,601

2,671

2,289

2,304

2,248

2,213

2,202

2,104

1,891

1,858

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable

106

96

85

71

69

83

76

76

80

84

73

48

47

49

44

43

45

45

40

43

Accrued payroll and benefits

41

54

45

45

41

55

41

48

36

49

42

27

25

29

24

28

26

26

23

22

Acquisition escrow liability

-

-

-

-

-

-

-

-

-

-

4

7

10

10

9

8

13

13

14

0

Other current liabilities

203

191

199

193

191

155

122

118

113

109

106

72

83

68

71

72

70

68

70

53

Long-term Debt and Lease Obligation, Current

60

56

51

57

57

55

54

53

54

58

48

29

28

27

29

28

27

27

27

22

Total current liabilities

411

398

381

368

359

349

295

296

285

303

275

186

196

186

178

182

183

181

176

141

Long-term Debt and Lease Obligation

2,626

2,524

2,403

2,397

2,384

2,270

2,118

2,122

2,122

2,130

2,144

1,795

1,396

1,414

1,357

1,325

1,328

1,228

1,370

1,339

Right-of-use operating lease liabilities

279

283

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term tax receivable agreement liability

-

-

-

-

-

-

-

-

-

-

68

122

122

122

123

119

119

119

59

49

Long-term acquisition escrow liability

-

-

-

-

-

-

-

-

-

-

19

-

-

-

1

2

8

8

0

16

Other long-term liabilities

129

113

426

387

370

271

247

246

233

222

116

76

75

76

87

87

86

85

83

90

Non-controlling interests—redeemable

315

321

314

316

314

326

317

320

313

299

271

176

179

180

182

182

183

183

183

192

Redeemable preferred stock - Series A; shares authorized, issued and outstanding - 310,000; redemption value - $404.5 and $395.0, respectively

404

395

385

376

367

359

-

-

334

-

326

-

-

-

-

-

-

-

-

-

Stockholders' equity:
Preferred stock, $0.01 par value; shares authorized - 20,000,000; shares issued or outstanding - none

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.01 par value; shares authorized - 300,000,000; shares issued and outstanding - 50,518,377 and 49,298,940, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

655

662

670

677

673

673

671

675

689

695

704

324

321

320

319

318

317

316

59

58

Accumulated other comprehensive loss

-75

-50

-57

-50

-33

-22

-1

-

-

0

-

-

-

-

-

-

-

-

-

-

Retained deficit

-343

-315

-284

-268

-249

-247

-99

-78

-58

-41

-9

-318

-314

-311

-328

-325

-327

-320

-337

-322

Total Surgery Partners, Inc. stockholders' equity

236

296

328

358

391

404

571

598

630

654

695

6

8

9

-8

-6

-9

-4

-277

-264

Non-controlling interests—non-redeemable

686

686

677

686

692

694

657

656

674

681

683

309

311

314

325

320

302

301

294

293

Total stockholders' equity

923

983

1,006

1,045

1,084

1,098

1,228

1,254

1,304

1,336

1,379

315

319

324

317

313

292

297

17

29

Total liabilities and stockholders' equity

5,090

5,018

4,917

4,890

4,880

4,676

4,558

4,583

4,594

4,622

4,601

2,671

2,289

2,304

2,248

2,213

2,202

2,104

1,891

1,858

Redeemable Preferred Stock
Temporary Equity, Carrying Amount, Attributable to Parent

-

-

-

-

-

359

-

-

-

330

-

-

-

-

-

-

-

-

-

-