XML 63 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]      
Net service revenue $ 658,283 $ 637,569 $ 633,872
Cost of service revenue 383,464 365,752 352,346
Gross margin 274,819 271,817 281,526
Provision for bad debts 13,929 11,875 12,320
General and administrative expenses 214,133 205,637 210,588
Settlement with government agencies     65,000
Operating income (loss) 46,757 54,305 (6,382)
Interest expense (1,995) (1,550) (1,018)
Non-operating income, including gain or loss on sales of assets 243 184 1,781
Income (loss) from continuing operations before income taxes and noncontrolling interests 45,005 52,939 (5,619)
Income tax expense (benefit) 15,859 17,511 (1,968)
Income (loss) from continuing operations 29,146 35,428 (3,651)
Less net income attributable to noncontrolling interests 6,804 7,988 9,593
Net income (loss) attributable to LHC Group, Inc.'s common stockholders $ 22,342 $ 27,440 $ (13,244)
Earnings per share - basic:      
Net income (loss) attributable to LHC Group, Inc.'s common stockholders $ 1.31 $ 1.54 $ (0.73)
Earnings per share - diluted:      
Net income (loss) attributable to LHC Group, Inc.'s common stockholders $ 1.30 $ 1.53 $ (0.73)
Weighted average shares outstanding:      
Basic 17,049,794 17,853,321 18,265,118
Diluted 17,132,751 17,899,195 18,265,118