XML 18 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 43,247,000 $ 59,118,000
Restricted cash and cash equivalents 9,967,000 6,397,000
Marketable securities 140,223,000 139,085,000
Restricted marketable securities 18,676,000 21,012,000
Accounts receivable 97,274,000 86,767,000
Inventories 7,470,000 7,153,000
Prepaid expenses and other assets 3,863,000 2,864,000
Notes receivable, current portion 1,289,000 1,450,000
Federal income tax receivable 5,465,000
Total current assets 322,009,000 329,311,000
Property and Equipment:    
Property and equipment, at cost 979,088,000 958,748,000
Accumulated depreciation and amortization (444,438,000) (409,429,000)
Net property and equipment 534,650,000 549,319,000
Other Assets:    
Restricted cash and cash equivalents 1,706,000 1,906,000
Restricted marketable securities 153,917,000 145,383,000
Deposits and other assets 5,602,000 4,867,000
Goodwill 20,995,000 17,600,000
Notes receivable, less current portion 9,707,000 11,801,000
Investments in limited liability companies 32,362,000 36,339,000
Total other assets 224,289,000 217,896,000
Total assets 1,080,948,000 1,096,526,000
Current Liabilities:    
Trade accounts payable 19,759,000 15,978,000
Capital lease obligations, current portion 3,924,000 3,696,000
Accrued payroll 67,618,000 67,102,000
Amounts due to third party payors 16,108,000 17,389,000
Accrued risk reserves, current portion 28,643,000 27,409,000
Other current liabilities 14,249,000 16,194,000
Dividends payable 7,623,000 7,297,000
Total current liabilities 157,924,000 155,065,000
Long–term debt 55,000,000 100,000,000
Capital lease obligations, less current portion 19,128,000 23,052,000
Accrued risk reserves, less current portion 67,381,000 65,866,000
Refundable entrance fees 8,078,000 8,827,000
Obligation to provide future services 2,172,000 2,887,000
Deferred income taxes 18,550,000 18,376,000
Other noncurrent liabilities 15,204,000 15,795,000
Deferred revenue 3,054,000 3,226,000
Total liabilities 346,491,000 393,094,000
Equity:    
Common stock, $.01 par value; 45,000,000 shares authorized; 15,255,002 and 15,212,133 shares, respectively, issued and outstanding 153,000 152,000
Capital in excess of par value 219,435,000 215,659,000
Retained earnings 516,435,000 419,423,000
Accumulated other comprehensive income (loss) (2,745,000) 67,504,000
Total National HealthCare Corporation stockholders’ equity 733,278,000 702,738,000
Noncontrolling interest 1,179,000 694,000
Total equity 734,457,000 703,432,000
Total liabilities and equity $ 1,080,948,000 $ 1,096,526,000