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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue        
Total revenue $ 130,049,566 $ 122,666,531 $ 225,806,737 $ 246,589,777
Operating expenses        
Cost of services 101,363,101 99,705,571 184,795,575 184,320,257
General and administrative expenses 11,817,555 10,893,135 22,081,515 22,441,474
Depreciation and amortization 4,454,571 4,918,078 8,872,152 9,976,590
Provision for doubtful accounts (2,314,429) 0 (1,363,415) 0
Total expenses 115,320,798 115,516,784 214,385,827 216,738,321
Income from operations 14,728,768 7,149,747 11,420,910 29,851,456
Other income (expense)        
Income from equity method investments (42,282) 1,669,861 (891,939) 1,641,837
Interest expense (311,049) (110,683) (522,028) (195,684)
Interest income 473,664 492,723 796,672 762,541
Other income 24,229 187,752 211,345 275,745
Total other (expense) income, net 144,562 2,239,653 (405,950) 2,484,439
Income before provision for income taxes 14,873,330 9,389,400 11,014,960 32,335,895
Provision for income taxes 4,209,399 1,523,807 2,801,158 8,752,647
Net income 10,663,931 7,865,593 8,213,802 23,583,248
Net income attributable to noncontrolling interests 7,118,715 5,201,491 4,528,922 18,758,691
Net income attributable to Apollo Medical Holdings, Inc. $ 3,545,216 $ 2,664,102 $ 3,684,880 $ 4,824,557
Earnings per share – basic (in dollars per share) $ 0.10 $ 0.08 $ 0.11 $ 0.15
Earnings per share – diluted (in dollars per share) $ 0.09 $ 0.07 $ 0.10 $ 0.13
Weighted average shares of common stock outstanding – basic (in shares) 34,540,059 32,674,459 34,518,461 32,548,662
Weighted average shares of common stock outstanding – diluted (in shares) 37,962,555 37,850,679 37,896,837 37,935,773
Capitation, net        
Revenue        
Total revenue $ 103,223,692 $ 90,316,182 $ 174,740,470 $ 176,221,466
Risk pool settlements and incentives        
Revenue        
Total revenue 11,191,050 13,866,217 21,284,891 31,852,953
Management fee income        
Revenue        
Total revenue 10,352,619 12,371,608 19,349,219 24,446,180
Fee-for-service, net        
Revenue        
Total revenue 3,878,428 4,563,712 7,959,102 10,800,340
Other income        
Revenue        
Total revenue $ 1,403,777 $ 1,548,812 $ 2,473,055 $ 3,268,838