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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenue      
Total revenue $ 687,180 $ 560,618 $ 519,908
Operating expenses      
Cost of services, excluding depreciation and amortization 539,211 467,805 361,132
General and administrative expenses 49,116 41,482 43,354
Depreciation and amortization 18,350 18,280 19,303
Provision for doubtful accounts 0 (1,363) 3,888
Impairment of goodwill and intangible assets 0 1,994 3,799
Total expenses 606,677 528,198 431,476
Income from operations 80,503 32,420 88,432
Other (expense) income      
Income (loss) from equity method investments 3,694 (6,901) (8,125)
Interest expense (9,499) (4,733) (561)
Interest income 2,813 2,024 1,259
Gain on sale of equity method investment 99,839 0 0
Other income 1,077 3,030 1,622
Total other income (expense), net 97,924 (6,580) (5,805)
Income before provision for income taxes 178,427 25,840 82,627
Provision for income taxes 56,107 8,167 22,360
Net income 122,320 17,673 60,267
Net income attributable to noncontrolling interests 84,454 3,557 49,432
Net income attributable to Apollo Medical Holdings, Inc. $ 37,866 $ 14,116 $ 10,835
Earnings per share – basic (in dollars per share) $ 1.04 $ 0.41 $ 0.33
Earnings per share – diluted (in dollars per share) $ 1.01 $ 0.39 $ 0.29
Weighted average shares of common stock outstanding – basic (in shares) 36,527,672 34,708,429 32,893,940
Weighted average shares of common stock outstanding - diluted (in shares) 37,448,430 36,403,279 37,914,886
Capitation, net      
Revenue      
Total revenue $ 557,326 $ 454,168 $ 344,307
Risk pool settlements and incentives      
Revenue      
Total revenue 77,367 51,098 100,928
Management fee income      
Revenue      
Total revenue 34,850 34,668 49,743
Fee-for-service, net      
Revenue      
Total revenue 12,683 15,475 19,704
Other income      
Revenue      
Total revenue $ 4,954 $ 5,209 $ 5,226