Surgery Partners, Inc. SGRY Income Statement

Surgery partners, inc. (SGRY)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Aug'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Sep'14
Revenue from Contract with Customer, Including Assessed Tax
1,855,600	1,831,400	1,805,400	1,785,800	1,777,000	1,771,500	1,872,900	1,614,564	1,466,317	1,341,200	1,054,601	1,163,219	1,164,547	1,145,438	1,102,759	1,059,676	1,002,822	959,891	772,872	0	0	0
Operating expenses:
Salaries and benefits
561,200	550,000	540,700	532,800	534,200	534,700	570,600	500,391	456,313	416,500	0	356,407	360,176	-	339,681	320,029	288,420	261,685	207,148	0	0	0
Supplies
522,200	507,900	499,200	493,100	490,900	490,300	516,700	444,656	397,540	354,300	0	283,906	276,737	-	262,017	256,487	248,659	242,083	193,679	0	0	0
Professional and medical fees
166,500	154,800	148,200	144,600	144,900	145,500	152,400	131,698	117,575	103,000	0	84,929	82,656	-	79,253	75,630	71,497	66,583	50,464	0	0	0
Lease expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease expense
-	-	84,800	85,100	-	86,700	92,800	80,300	72,174	64,400	0	53,939	53,339	-	50,293	48,300	46,322	44,848	36,918	0	0	0
Other operating expenses
111,500	109,300	106,400	104,900	104,300	104,200	110,800	95,755	85,550	75,600	0	64,860	63,533	-	58,879	57,104	55,358	54,127	43,320	0	0	0
Cost of revenues
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenues
-	-	1,379,300	1,360,500	-	1,361,400	1,443,300	1,252,800	1,129,152	1,013,800	0	844,041	836,441	-	790,123	757,550	710,256	669,326	531,529	0	0	0
Total operating expenses
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expenses
89,700	88,600	88,800	88,300	91,100	93,600	98,900	92,104	84,659	76,000	0	67,222	63,590	-	63,253	59,504	56,327	55,992	41,682	0	0	0
Depreciation, Depletion and Amortization
79,500	76,500	74,300	72,900	70,500	67,400	71,200	61,775	56,492	51,900	0	42,806	41,091	-	37,990	36,888	35,651	34,545	28,372	0	0	0
Provision for doubtful accounts (see Note 1)
-	-	-	-	-	-	-	-	-	28,800	0	28,258	26,014	-	23,460	20,786	22,265	23,578	17,432	0	0	0
Income from equity investments
10,200	10,200	9,200	8,700	9,000	8,900	9,600	8,548	7,100	6,400	0	5,176	5,206	-	3,918	4,071	3,828	3,777	2,866	0	0	0
Gain (Loss) On Disposition Of Assets And Deconsolidation
1,500	4,400	-9,000	-21,000	-32,400	-31,800	-15,800	-3,299	-504	-1,700	0	-2,831	-3,757	-	-1,122	-1,711	2,526	2,097	1,530	0	0	0
Transaction and integration costs
22,500	19,000	19,500	23,200	28,700	31,700	31,300	26,559	17,763	13,100	0	7,482	5,903	-	9,384	8,769	16,086	17,920	15,222	0	0	0
Impairment charges
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt extinguishment
-	-	0	0	-	-	0	0	-	-18,200	0	-3,595	-3,595	-	-27,978	-24,383	-24,383	-16,102	0	0	0	0
Litigation settlement
0	-	-	-	0	-	-	-	-	0	-	0	-	-	-	0	-	-	-	-	-	-
Gain on acquisition escrow release
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Electronic health records incentive expense (income)
-	-	-	-	-	-	-	-	-	-	-	615	456	-	1,599	1,906	1,854	1,761	-107	0	0	0
Other income
-2,900	-1,400	-600	-1,700	-3,500	-3,700	-3,600	-2,898	-698	-500	0	-44	-4	-	-72	-402	-455	-525	-356	0	0	0
Total operating expenses
0	-	1,693,118	1,687,518	0	-	1,650,934	0	0	-	-	972,505	960,624	-	953,555	909,046	862,139	815,137	629,592	0	0	0
Operating income
209,800	235,900	112,200	98,200	86,200	77,800	222,000	163,540	157,779	158,300	0	190,714	203,923	-	149,204	150,630	140,683	144,754	143,280	0	0	0
Tax receivable agreement expense
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on amendment to tax receivable agreement
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Tax receivable agreement (expense) benefit
-	-	-	-	-	-	-	-	-	0	-	-	-	-	0	-	-	-	0	-	-	-
Interest expense, net
-184,000	-178,900	-173,700	-165,200	-154,700	-147,000	-156,100	-137,118	-126,818	-117,700	0	-102,965	-103,600	-	-97,336	-97,434	-97,377	-100,980	-89,770	0	0	0
(Loss) income before income taxes
25,800	54,600	-63,900	-69,400	-70,900	-69,200	92,300	68,122	72,661	82,300	0	84,016	96,590	-	-71,776	-66,715	-76,605	-76,137	53,510	0	0	0
Income tax (benefit) expense
-7,400	9,500	20,600	24,000	26,300	26,400	82,600	56,071	53,283	53,600	0	5,534	7,442	-	-154,854	-149,243	-149,319	-148,982	16,329	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
33,200	45,100	-84,500	-93,400	-97,200	-95,600	9,700	12,051	19,378	28,700	0	78,482	89,148	-	83,078	82,528	72,714	72,845	37,181	0	0	0
Less: Net income attributable to non-controlling interests
115,400	119,900	118,800	115,200	111,100	110,100	109,000	94,826	87,124	81,700	0	71,184	75,259	-	73,747	73,981	71,713	71,416	59,399	0	0	0
Net loss attributable to Surgery Partners, Inc.
-82,200	-74,800	-203,300	-208,600	-208,300	-205,700	-99,300	-82,775	-67,746	-53,000	0	7,298	13,889	-	9,331	8,547	1,001	1,429	-22,218	0	0	0
Less: Amounts attributable to participating securities
36,700	35,700	34,900	34,000	33,100	32,400	50,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common stockholders
-118,900	-110,500	-238,200	-242,600	-241,400	-238,100	-149,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share attributable to common stockholders - basic and diluted (in USD per share)
-	-	-	-	-	-	-	-	-	-1.39	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average common shares outstanding - basic and diluted (shares)
-	-	-	-	-	-	-	-	-	48,319	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share attributable to common stockholders
Basic (in USD per share)
-0.76	-	-0.51	-0.59	-0.60	-	-0.61	-0.57	-0.53	-	-	-0.09	-0.06	-	-0.05	0.04	-0.15	0.52	-0.10	-0.17	-0.21	-0.22
Diluted (in USD per share)
-0.76	-	-0.51	-0.59	-0.60	-	-0.61	-0.57	-0.53	-	-	-0.09	-0.06	-	-0.05	0.04	-0.15	0.52	-0.10	-0.17	-0.21	-0.22
Weighted average common shares outstanding
Basic (shares)
48,472	-	48,310	48,291	48,047	-	48,038	48,016	48,007	-	-	48,145	48,019	-	48,019	48,019	48,017	48,102	32,054	32,054	32,054	31,698
Diluted (shares)
48,472	-	48,310	48,291	48,047	-	48,038	48,016	48,007	-	-	48,145	48,019	-	48,019	48,129	48,017	53,695	32,054	32,054	32,054	31,698
Contingent acquisition expense
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-