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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows From Operating Activities:    
Net income $ 26,251,000 $ 11,285,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,586,000 10,048,000
Equity in earnings of unconsolidated investments (67,000) (1,535,000)
Unrealized gains on marketable equity securities (14,399,000) (1,386,000)
(Gains)/losses on sale of marketable securities (344,000) 492,000
Gain on sale of unconsolidated company (1,024,000) 0
Deferred income taxes (2,484,000) (331,000)
Stock–based compensation 793,000 639,000
Changes in operating assets and liabilities:    
Accounts receivable (17,119,000) (3,148,000)
Inventories 623,000 142,000
Prepaid expenses and other assets 3,153,000 1,957,000
Operating lease obligations 55,000 (316,000)
Trade accounts payable 1,503,000 (4,018,000)
Accrued payroll (19,954,000) (15,800,000)
Amounts due to third party payors 1,619,000 48,000
Accrued risk reserves 4,978,000 3,157,000
Contract liabilities 7,667,000 0
Other current liabilities 1,311,000 5,407,000
Other noncurrent liabilities 1,530,000 6,554,000
Net cash provided by operating activities 9,646,000 13,857,000
Cash Flows From Investing Activities:    
Purchases of property and equipment (5,955,000) (6,640,000)
Proceeds from sale of unconsolidated company 2,100,000 0
Investments in unconsolidated companies (1,488,000) 0
Collections of notes receivable 16,000 2,000
Purchases of marketable securities (8,703,000) (10,281,000)
Proceeds from sale of marketable securities 11,615,000 15,492,000
Net cash used in investing activities (2,415,000) (1,427,000)
Cash Flows From Financing Activities:    
Principal payments under finance lease obligations (860,000) (1,218,000)
Dividends paid to common stockholders (9,051,000) (8,748,000)
Issuance of common stock 8,412,000 0
Repurchase of common shares (9,900,000) (2,482,000)
Entrance fee refunds (668,000) (171,000)
Net cash used in financing activities (12,067,000) (12,619,000)
Net Decrease in Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents (4,836,000) (189,000)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning of Period 125,968,000 74,865,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, End of Period 121,132,000 74,676,000
Balance Sheet Classifications:    
Cash and cash equivalents 93,982,000 46,144,000
Restricted Cash and Cash Equivalents 27,150,000 28,532,000
Total Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents $ 121,132,000 $ 74,676,000