Segment Information

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company's reporting segments include (1) home health services, (2) hospice services, (3) home and community-based services, (4) facility-based services, and (5) HCI.  The accounting policies of the segments are the same as those described in the summary of significant accounting policies, as described in Note 2 of the Notes to Condensed Consolidated Financial Statements.

Reportable segments have been identified based upon how management has organized the business by services provided to customers and how the chief operating decision maker manages the business and allocates resources, consistent with the criteria in ASC 280, Segment Reporting.

The following tables summarize the Company’s segment information for the three and six months ended June 30, 2021 and 2020 (amounts in thousands):

	Three Months Ended June 30, 2021
	Home health services		Hospice services		Home and community-based services		Facility-based services		HCI		Total
Net service revenue	$	396,534	$	63,804	$	48,407	$	31,030	$	6,132	$	545,907
Cost of service revenue (excluding depreciation and amortization)	219,925		39,647		34,683		20,460		3,157		317,872
General and administrative expenses	123,245		18,114		11,923		10,906		2,873		167,061
Impairment of intangibles and other	760		—		—		—		—		760
Operating income (loss)	52,604		6,043		1,801		(336)		102		60,214
Interest expense	(106)		(20)		(10)		(5)		(2)		(143)
Income (loss) before income taxes and noncontrolling interest	52,498		6,023		1,791		(341)		100		60,071
Income tax expense (benefit)	11,706		1,280		470		(152)		14		13,318
Net income (loss)	40,792		4,743		1,321		(189)		86		46,753
Less net income (loss) attributable to non controlling interests	7,500		1,208		85		322		(5)		9,110
Net income (loss) attributable to LHC Group, Inc.'s common stockholder	$	33,292	$	3,535	$	1,236	$	(511)	$	91	$	37,643
Total assets	$	1,681,871	$	288,985	$	245,071	$	85,520	$	65,678	$	2,367,125

	Three Months Ended June 30, 2020
	Home health services		Hospice services		Home and community-based services		Facility-based services		HCI		Total
Net service revenue	$	339,872	$	61,055	$	47,675	$	33,639	$	5,079	$	487,320
Cost of service revenue (excluding depreciation and amortization)	205,146		37,271		38,747		21,785		3,763		306,712
General and administrative expenses	110,209		16,266		11,124		10,165		2,810		150,574
Impairment of intangibles and other	—		600		—		—		—		600
Government stimulus income	(35,019)		(4,731)		(2,865)		(1,656)		(164)		(44,435)
Operating income (loss)	59,536		11,649		669		3,345		(1,330)		73,869
Interest expense	(594)		(97)		(79)		(47)		(24)		(841)
Income (loss) before income taxes and noncontrolling interest	58,942		11,552		590		3,298		(1,354)		73,028
Income tax expense (benefit)	12,807		2,439		(12)		373		(380)		15,227
Net income (loss)	46,135		9,113		602		2,925		(974)		57,801
Less net income (loss) attributable to noncontrolling interests	9,922		2,164		33		997		(7)		13,109
Net income (loss) attributable to LHC Group, Inc.'s common stockholders	$	36,213	$	6,949	$	569	$	1,928	$	(967)	$	44,692
Total assets	$	1,656,022	$	268,771	$	259,742	$	101,258	$	71,306	$	2,357,099

	Six Months Ended June 30, 2021
	Home health services		Hospice services		Home and community-based services		Facility-based services		HCI		Total
Net service revenue	$	770,362	$	126,538	$	97,532	$	64,399	$	11,911	$	1,070,742
Cost of service revenue (excluding depreciation and amortization)	432,298		78,217		69,555		41,635		6,439		628,144
General and administrative expenses	242,642		36,241		23,452		22,163		5,812		330,310
Impairment of intangibles and other	937		—		—		—		—		937
Operating income (loss)	94,485		12,080		4,525		601		(340)		111,351
Interest expense	(288)		(56)		(34)		(19)		(9)		(406)
Income (loss) before income taxes and noncontrolling interest	94,197		12,024		4,491		582		(349)		110,945
Income tax expense (benefit)	19,596		2,347		988		(95)		(77)		22,759
Net income (loss)	74,601		9,677		3,503		677		(272)		88,186
Less net income (loss) attributable to non controlling interests	12,349		2,223		364		979		(31)		15,884
Net income (loss) attributable to LHC Group, Inc.'s common stockholder	$	62,252	$	7,454	$	3,139	$	(302)	$	(241)	$	72,302

	Six Months Ended June 30, 2020
	Home health services		Hospice services		Home and community-based services		Facility-based services		HCI		Total
Net service revenue	$	707,693	$	121,586	$	96,139	$	63,320	$	11,453	$	1,000,191
Cost of service revenue (excluding depreciation and amortization)	425,586		75,305		77,200		42,127		7,696		627,914
General and administrative expenses	226,232		32,892		22,583		20,545		6,188		308,440
Impairment of intangibles and other	—		600		—		—		—		600
Government stimulus income	(35,019)		(4,731)		(2,865)		(1,656)		(164)		(44,435)
Operating income (loss)	90,894		17,520		(779)		2,304		(2,267)		107,672
Interest expense	(2,494)		(400)		(345)		(266)		(104)		(3,609)
Income (loss) before income taxes and noncontrolling interest	88,400		17,120		(1,124)		2,038		(2,371)		104,063
Income tax expense (benefit)	16,096		3,047		(218)		174		(513)		18,586
Net income (loss)	72,304		14,073		(906)		1,864		(1,858)		85,477
Less net income (loss) attributable to noncontrolling interests	14,528		3,131		(122)		1,240		(16)		18,761
Net income (loss) attributable to LHC Group, Inc.'s common stockholders	$	57,776	$	10,942	$	(784)	$	624	$	(1,842)	$	66,716