XML 60 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]                      
Net service revenue $ 193,371us-gaap_HealthCareOrganizationPatientServiceRevenue $ 187,713us-gaap_HealthCareOrganizationPatientServiceRevenue $ 188,867us-gaap_HealthCareOrganizationPatientServiceRevenue $ 163,681us-gaap_HealthCareOrganizationPatientServiceRevenue $ 165,280us-gaap_HealthCareOrganizationPatientServiceRevenue $ 164,748us-gaap_HealthCareOrganizationPatientServiceRevenue $ 166,302us-gaap_HealthCareOrganizationPatientServiceRevenue $ 161,953us-gaap_HealthCareOrganizationPatientServiceRevenue $ 733,632us-gaap_HealthCareOrganizationPatientServiceRevenue $ 658,283us-gaap_HealthCareOrganizationPatientServiceRevenue $ 637,569us-gaap_HealthCareOrganizationPatientServiceRevenue
Cost of service revenue                 434,775us-gaap_CostOfServices 383,464us-gaap_CostOfServices 365,752us-gaap_CostOfServices
Gross margin 80,579us-gaap_GrossProfit 74,591us-gaap_GrossProfit 77,340us-gaap_GrossProfit 66,347us-gaap_GrossProfit 70,039us-gaap_GrossProfit 66,782us-gaap_GrossProfit 69,293us-gaap_GrossProfit 68,705us-gaap_GrossProfit 298,857us-gaap_GrossProfit 274,819us-gaap_GrossProfit 271,817us-gaap_GrossProfit
Provision for bad debts                 15,780us-gaap_ProvisionForDoubtfulAccounts 13,929us-gaap_ProvisionForDoubtfulAccounts 11,875us-gaap_ProvisionForDoubtfulAccounts
General and administrative expenses                 233,945us-gaap_GeneralAndAdministrativeExpense 213,633us-gaap_GeneralAndAdministrativeExpense 204,987us-gaap_GeneralAndAdministrativeExpense
Impairment of intangibles and other                 3,646us-gaap_AssetImpairmentCharges 520us-gaap_AssetImpairmentCharges 650us-gaap_AssetImpairmentCharges
Operating income                 45,486us-gaap_OperatingIncomeLoss 46,737us-gaap_OperatingIncomeLoss 54,305us-gaap_OperatingIncomeLoss
Interest expense                 (2,486)us-gaap_InterestExpense (1,995)us-gaap_InterestExpense (1,550)us-gaap_InterestExpense
Non-operating income                 (265)us-gaap_NonoperatingGainsLosses (263)us-gaap_NonoperatingGainsLosses (184)us-gaap_NonoperatingGainsLosses
Income from continuing operations before income taxes and noncontrolling interests                 43,265us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 45,005us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 52,939us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense                 14,513us-gaap_IncomeTaxExpenseBenefit 15,859us-gaap_IncomeTaxExpenseBenefit 17,511us-gaap_IncomeTaxExpenseBenefit
Income from continuing operations                 28,752us-gaap_ProfitLoss 29,146us-gaap_ProfitLoss 35,428us-gaap_ProfitLoss
Less net income attributable to noncontrolling interests                 6,915us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 6,804us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 7,988us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net Income Attributable to LHC Group Inc.'s Common Stockholders $ 5,534us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 6,174us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 6,061us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 4,068us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 4,969us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 5,297us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 5,790us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 6,286us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 21,837us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 22,342us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 27,440us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings Per Share - Basic:                      
Net income attributable to LHC Group, Inc.' common stockholders $ 0.32us-gaap_EarningsPerShareBasic $ 0.36us-gaap_EarningsPerShareBasic $ 0.35us-gaap_EarningsPerShareBasic $ 0.24us-gaap_EarningsPerShareBasic $ 0.29us-gaap_EarningsPerShareBasic $ 0.31us-gaap_EarningsPerShareBasic $ 0.34us-gaap_EarningsPerShareBasic $ 0.37us-gaap_EarningsPerShareBasic $ 1.27us-gaap_EarningsPerShareBasic $ 1.31us-gaap_EarningsPerShareBasic $ 1.54us-gaap_EarningsPerShareBasic
Earnings Per Share, Diluted [Abstract]                      
Net income attributable to LHC Group, Inc.' common stockholders $ 0.32us-gaap_EarningsPerShareDiluted $ 0.36us-gaap_EarningsPerShareDiluted $ 0.35us-gaap_EarningsPerShareDiluted $ 0.24us-gaap_EarningsPerShareDiluted $ 0.29us-gaap_EarningsPerShareDiluted $ 0.31us-gaap_EarningsPerShareDiluted $ 0.34us-gaap_EarningsPerShareDiluted $ 0.37us-gaap_EarningsPerShareDiluted $ 1.26us-gaap_EarningsPerShareDiluted $ 1.30us-gaap_EarningsPerShareDiluted $ 1.53us-gaap_EarningsPerShareDiluted
Weighted Average Shares Outstanding:                      
Basic 17,274,677us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,260,078us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,233,264us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,148,043us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,096,360us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,083,201us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,055,619us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 16,966,525us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,229,026us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,049,794us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,853,321us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 17,419,423us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,356,916us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,277,224us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,268,716us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,228,499us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,182,013us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,127,017us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,073,543us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,315,333us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,132,751us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 17,899,195us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding