U S PHYSICAL THERAPY INC /NV USPH Income Statement

U s physical therapy inc /nv (USPH)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenues [Abstract]
Net revenues
481,969	453,911	414,051	356,546	331,302	305,074	264,058	249,651	231,523	211,233	201,409
Net patient revenues
-	-	-	-	324,293	299,009	258,283	244,100	225,804	204,101	195,322
Other revenues
-	-	-	-	7,009	6,065	5,775	5,551	5,719	7,132	6,087
Operating costs:
Salaries and related costs
274,233	259,228	237,067	198,495	180,514	163,417	141,840	131,604	124,820	110,872	105,737
Amount of expense related to rent, supplies, contract labor and other.
90,379	88,426	82,096	71,868	68,046	61,209	52,887	50,102	46,998	40,944	40,502
Provision for doubtful accounts
4,858	4,603	3,672	4,040	4,170	4,112	4,384	4,824	3,778	3,241	3,348
Closure costs - lease and other
25	-9	599	131	211	169	246	211	59	163	91
Total operating costs
369,495	352,248	323,434	274,534	252,941	228,907	199,357	186,741	175,655	155,220	149,678
Gross Profit
112,474	101,663	90,617	82,012	78,361	76,167	64,701	62,910	55,868	56,013	-
Corporate office costs
45,049	41,349	35,889	32,479	31,067	30,399	25,931	24,504	24,440	22,823	23,479
Operating income
67,425	60,314	54,728	49,533	47,294	45,768	38,770	38,406	31,428	33,190	28,252
Amount of gain (loss) on sale of partnership interest.
5,514	0	0	-	-	-	-	-	-	-	-
Gain on derecognition of Debt
0	1,846	0	0	-	-	-	-	-	-	-
Interest and other income, net
46	93	88	93	81	18	7	6	5,445	586	8
Interest expense:
Refers to expenses related to increase (decrease) in redemption value from mandatorily redeemable non-controlling interests. This expenses associated with non-operating financing activities of the entity.
0	0	12,894	6,169	2,670	2,978	-	-	-	-	-
Refers to expenses related to earnings from mandatorily redeemable non-controlling interests. This expenses associated with nonoperating financing activities of the entity.
0	0	6,055	4,057	3,538	3,388	-	-	-	-	-
Debt related expenses and other expenses associated with nonoperating financing activities of the entity.
2,079	2,042	2,111	1,252	1,031	1,088	-	-	-	-	-
Total interest expense
2,079	2,042	21,060	11,478	7,239	7,454	538	557	496	236	352
Income before taxes
70,906	60,211	33,756	38,148	40,136	38,332	38,239	37,855	36,377	33,540	27,908
Provision for income taxes
13,647	11,369	6,032	11,880	13,647	13,018	12,236	11,215	9,698	8,840	7,934
Discontinued operations, net of tax benefit of $-0-, $-0- and $3,180.
-	-	-	-	-	-	-5,007	-423	3,104	-	-
Net income including non-controlling interests
57,259	48,842	27,724	26,268	26,489	25,314	20,996	26,217	29,783	24,700	19,974
Less: net income attributable to non-controlling interests:
Amount of Net Income (Loss) attributable to noncontrolling interest permanent equity.
6,561	5,536	5,224	5,717	-	-	-	-	-	-	-
Amount of Net Income (Loss) attributable to redeemable noncontrolling interest temporary equity.
10,659	8,433	244	-	-	-	-	-	-	-	-
Operating results allocated to redeemable non-controlling interest partners
-	-	-	0	-	-	-	-	-	-	-
Net income including non-controlling interests
-	-	-	-	-	-	26,003	26,640	26,679	-	-
Net income attributable to non-controlling interests
17,220	13,969	5,468	5,717	5,874	6,183	8,273	8,284	8,809	9,055	8,207
Net income attributable to USPH shareholders
40,039	34,873	22,256	20,551	20,615	19,131	12,723	17,933	20,974	15,645	11,767
Basic and diluted earnings per share attributable to USPH shareholders (in dollars per share)
2.45	1.31	1.76	1.64	1.66	1.57	-	-	-	-	-
Shares used in computation - basic (in shares)
-	-	-	-	-	12,217	12,063	11,804	11,814	11,638	11,703
Shares used in computation - diluted (in shares)
-	-	-	-	-	12,221	12,082	11,904	11,977	11,870	11,807
From operations prior to revaluation of redeemable non-controlling interests, net of tax (in dollars per share)
-	-	-	-	-	-	1.45	1.54	-	-	-
Charges to additional paid-in-capital - revaluation of redeemable non-controlling interests, net of tax (in dollars per share)
-	-	-	-	-	-	0.00	0.00	-	-	-
From continuing operations, net of tax (in dollars per share)
-	-	-	-	-	-	1.45	1.54	1.60	-	-
From discontinued operations, net of tax (in dollars per share)
-	-	-	-	-	-	-0.40	-0.02	0.18	-	-
Basic (in dollars per share)
-	-	-	-	-	-	1.05	1.52	1.78	1.34	1.01
From operations prior to revaluation of redeemable non-controlling interests, net of tax (in dollars per share)
-	-	-	-	-	-	1.45	1.53	-	-	-
Charges to additional paid-in-capital - revaluation of redeemable non-controlling interests, net of tax (in dollars per share)
-	-	-	-	-	-	0.00	0.00	-	-	-
From continuing operations, net of tax (in dollars per share)
-	-	-	-	-	-	1.45	1.53	1.57	-	-
From discontinued operations, net of tax (in dollars per share)
-	-	-	-	-	-	-0.40	-0.02	0.18	-	-
Diluted (in dollars per share)
-	-	-	-	-	-	1.05	1.51	1.75	1.32	1.00
Shares used in computation - basic and diluted (in shares)
12,756	12,666	12,570	12,500	12,392	-	-	-	-	-	-
Dividends declared per common share (in dollars per share)
1.14	0.92	0.80	0.68	0.60	0.48	0.40	0.76	0.32	-	-
From continuing operations
-	-	-	-	-	-	17,492	18,212	18,812	-	-
From discontinued operations
-	-	-	-	-	-	-4,769	-279	2,162	-	-
Net income attributable to common shareholders
40,039	34,873	22,256	20,551	20,615	-	12,723	17,933	20,974	15,645	11,767
Net patient revenues (patient revenues less estimated contractual adjustments) are reported at the estimated net realizable amounts from third-party payors, patients and others for services rendered.
Net revenues
433,345	417,703	389,226	348,839	-	-	-	-	-	-	-
Other revenues includes management contract revenues, industrial injury prevention services revenues and services provided on-site, such as schools and industrial worksites, for physical or occupational therapy services, and athletic trainers and gym membership fees. Contract terms and rates are agreed to in advance between the Company and the third parties. Services are typically performed over the contract period and revenue is recorded in accordance with the contract terms. If the services are paid in ad
Net revenues
48,624	36,208	24,825	7,707	-	-	-	-	-	-	-