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ACQUISITIONS (Tables)
9 Months Ended
Sep. 30, 2016
Business Combinations [Abstract]  
Schedule of Consideration Transferred in Acquisition
The following table sets forth the consideration transferred in connection with the acquisition of Home Solutions as of September 9, 2016 (in thousands):
Cash
$
67,516

Equity issued at closing
9,938

Capital lease obligation assumed
301

Fair value of contingent consideration
15,812

Total consideration
$
93,567

Schedule of Assets Acquired and Liabilities Assumed
The following table sets forth the preliminary estimate of fair value of the assets acquired and liabilities assumed upon acquisition of Home Solutions (in thousands):
Accounts receivable
$
13,056

Inventories
3,199

Prepaids and other assets
852

Total current assets
$
17,107

Property and equipment
3,807

Goodwill
64,342

Payor contracts
19,600

Certificates of need
3,920

Trade name
900

Other long-term assets
891

Total Assets
$
110,567

Accounts payable
11,872

Accrued liabilities
5,128

Total liabilities
$
17,000

Net assets acquired
$
93,567

Schedule of Pro Forma Combined Results
The following table sets forth the unaudited pro forma combined results of operations as if the acquisition of Home Solutions had occurred at the beginning of the periods presented.  Adjustments made to the financial information give effect to pro forma events that are (1) directly attributable to the acquisition, (2) factually supportable, and (3) with respect to the statement of operations, expected to have a continuing impact on the combined results.  The pro forma financial information does not reflect revenue opportunities and cost savings that the Company expects to realize as a result of the acquisition of Home Solutions.  The pro forma financial information includes acquisition related charges incurred prior to September 30, 2016, and does not reflect estimates of charges related to the integration activity or exit costs that may be incurred by BioScrip in connection with the acquisition in future periods.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
Pro forma impact of acquisition:
2016
 
2015
 
2016
 
2015
Revenues
$
249,139

 
$
274,462

 
$
778,944

 
$
818,931

Gross profit
$
69,270

 
$
72,718

 
$
213,668

 
$
216,934

Gross profit percentage
27.8
%
 
26.5
%
 
27.4
%
 
26.5
%
Loss from continuing operations, net of income taxes
$
(16,379
)
 
$
(30,778
)
 
$
(45,489
)
 
$
(307,278
)
Basic loss per share from continuing operations
$
(0.14
)
 
$
(0.45
)
 
$
(0.53
)
 
$
(4.47
)
Diluted loss per share from continuing operations
$
(0.14
)
 
$
(0.45
)
 
$
(0.53
)
 
$
(4.47
)