XML 26 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 98,758 $ 164,188
Insurance subsidiary investments 106,638 99,951
Accounts receivable less allowance for loss of $62,896 – 2015 and $52,855 – 2014 1,194,868 944,219
Inventories 27,791 25,702
Income taxes $ 11,790 8,575
Interest deposit on senior unsecured notes held in escrow 23,438
Other $ 61,054 41,598
Current assets 1,500,899 1,307,671
Property and equipment, at cost:    
Land 86,529 84,975
Buildings 1,046,341 1,013,146
Equipment 979,132 853,382
Construction in progress 50,396 26,650
Property, Plant and Equipment, Gross, Total 2,162,398 1,978,153
Accumulated depreciation (1,190,402) (1,076,049)
Property and equipment, net 971,996 902,104
Goodwill 2,669,810 997,597
Intangible assets less accumulated amortization of $94,221 – 2015 and $68,043 – 2014 755,655 400,700
Assets held for sale 613 3,475
Insurance subsidiary investments 204,498 166,045
Deferred tax assets $ 104,130 93,565
Proceeds from senior unsecured notes held in escrow 1,350,000
Acquisition deposit $ 18,489 195,000
Other 292,846 236,807
Total assets [1] 6,518,936 5,652,964
Current liabilities:    
Accounts payable 187,061 175,725
Salaries, wages and other compensation 404,925 358,857
Due to third party payors 36,251 43,957
Professional liability risks 64,099 64,137
Other accrued liabilities 394,246 189,980
Long-term debt due within one year 24,630 24,607
Current liabilities 1,111,212 857,263
Long-term debt 3,137,025 2,852,531
Professional liability risks 263,273 243,614
Deferred credits and other liabilities $ 301,379 $ 213,584
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Preferred stock, $0.25 par value; authorized 1,000 shares; none issued and outstanding
Common stock, $0.25 par value; authorized 175,000 shares; issued 83,792 shares – 2015 and 69,977 shares – 2014 $ 20,948 $ 17,494
Capital in excess of par value 1,737,747 1,586,692
Accumulated other comprehensive loss (2,632) (2,551)
Accumulated deficit (256,209) (159,768)
Stockholders' equity 1,499,854 1,441,867
Noncontrolling interests 206,193 44,105
Total equity 1,706,047 1,485,972
Total liabilities and equity [1] $ 6,518,936 $ 5,652,964
[1] The Company’s consolidated assets as of December 31, 2015 include total assets of variable interest entities of $389 million, which can only be used to settle the obligations of the variable interest entities. The Company’s consolidated liabilities as of December 31, 2015 include total liabilities of variable interest entities of $40 million. See note 1 of the notes to consolidated financial statements.