Gentiva Merger (Tables) - Gentiva Health Services Inc

12 Months Ended

Dec. 31, 2015

The following is the preliminary Gentiva Merger purchase price allocation (in thousands):

Cash and cash equivalents	$	64,695
Accounts receivable		265,034
Other current assets		123,428
Property and equipment		46,732
Identifiable intangible assets:
Certificates of need (indefinite life)		256,921
Medicare certifications (indefinite life)		94,500
Trade names (indefinite life)		22,200
Trade name		15,600
Non-compete agreements		1,820
Leasehold interests		1,439
Total identifiable intangible assets		392,480
Deferred tax assets		31,967
Other assets		74,407
Current portion of long-term debt		(53,075	)
Accounts payable and other current liabilities		(317,493	)
Long-term debt, less current portion		(1,124,288	)
Deferred tax liabilities		(47,748	)
Other liabilities		(122,768	)
Noncontrolling interests		(3,992	)
Total identifiable net assets		(670,621	)
Goodwill		1,392,902
Net assets	$	722,281

Unaudited Pro Forma Net Effect of Gentiva Merger

The unaudited pro forma net effect of the Gentiva Merger assuming the acquisition occurred as of January 1, 2014 is as follows (in thousands, except per share amounts):


		Year ended December 31,
		2015		2014
Revenues	$	7,216,606		$	7,020,543
Loss from continuing operations attributable to Kindred		(11,960	)		(56,142	)
Loss attributable to Kindred		(10,917	)		(122,003	)
Loss per common share:
Basic:
Loss from continuing operations	$	(0.14	)	$	(0.66	)
Net loss	$	(0.13	)	$	(1.43	)
Diluted:
Loss from continuing operations	$	(0.14	)	$	(0.66	)
Net loss	$	(0.13	)	$	(1.43	)