XML 43 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash $ 9,720 $ 256
Receivables:    
Patient accounts receivable, less allowance for uncollectible accounts of $11,863 and $10,692, respectively 83,951 91,183
Other receivables 589 1,636
Amounts due from governmental entities 1,596 315
Total receivables, net 86,136 93,134
Deferred income taxes 7,671 7,269
Prepaid income taxes 7,436 26,667
Prepaid expenses 6,818 6,576
Other current assets 2,949 4,363
Total current assets 120,730 138,265
Property, building and equipment, net of accumulated depreciation of $34,331 and $28,073 29,531 28,182
Goodwill 169,150 164,731
Intangible assets, net of accumulated amortization of $2,985 and $2,325 62,042 59,389
Other assets 5,441 5,809
Total assets 386,894 396,376
Current liabilities:    
Accounts payable and other accrued liabilities 14,897 23,119
Salaries, wages, and benefits payable 29,890 25,571
Self insurance reserve 5,444 5,612
Amounts due to governmental entities 4,979 3,234
Total current liabilities 55,210 57,536
Deferred income taxes 25,129 22,523
Income tax payable 3,415 3,415
Revolving credit facility 19,500 34,820
Total liabilities 103,254 118,294
Noncontrolling interest-redeemable 11,426 11,348
Stockholder's equity    
Common stock - $0.01 par value; 40,000,000 shares authorized; 21,578,772 and 21,374,264 shares issued and, 16,925,733 and 18,298,659 shares outstanding, respectively 216 183
Treasury stock - 4,653,039 and 3,075,605 shares at cost, respectively (33,846) (6,216)
Additional paid-in capital 100,619 95,964
Retained earnings 201,192 173,752
Total LHC Group, Inc. stockholders' equity 268,181 263,683
Noncontrolling interest-non-redeemable 4,033 3,051
Total equity 272,214 266,734
Total liabilities and stockholders' equity $ 386,894 $ 396,376