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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 9,809 $ 286,569
Receivables:    
Patient accounts receivable 348,820 301,209
Other receivables 13,780 11,522
Total receivables 362,600 312,731
Prepaid income taxes 7,531  
Prepaid expenses 28,401 22,058
Other current assets 24,801 25,664
Total current assets 433,142 647,022
Property, building and equipment, net of accumulated depreciation of $98,394 and $82,721, respectively 153,959 138,366
Goodwill 1,748,426 1,259,147
Intangible assets, net of accumulated amortization of $19,152 and $17,659, respectively 400,002 315,355
Assets held for sale 0 1,900
Operating lease right of use asset 113,399 100,046
Other assets 46,693 21,518
Total assets 2,895,621 2,483,354
Current liabilities:    
Accounts payable and other accrued liabilities 98,118 64,864
Salaries, wages and benefits payable 100,532 88,666
Self insurance reserves 33,784 35,103
Government stimulus advance 0 93,257
Contract liabilities - deferred revenue 106,489 317,962
Current operating lease payable 37,630 32,676
Amounts due to governmental entities 5,447 1,516
Income taxes payable 0 21,464
Current liabilities - deferred employer payroll tax 26,790 25,928
Total current liabilities 408,790 681,436
Deferred income taxes 70,026 47,237
Income taxes payable 7,320 6,203
Revolving credit facility 661,197  
Other long term liabilities 0 25,928
Operating lease payable 78,688 70,275
Total liabilities 1,226,021 851,079
Noncontrolling interest-redeemable 17,501 18,921
Commitments and contingencies
LHC Group, Inc. stockholders’ equity:    
Preferred stock – $0.01 par value: 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock – $0.01 par value: 60,000,000 shares authorized; 36,549,524 and 36,355,497 shares issued, and 30,634,414 and 31,139,840 shares outstanding, respectively 365 364
Treasury stock – 5,915,110 and 5,215,657 shares at cost, respectively (164,790) (69,011)
Additional paid-in capital 979,642 962,120
Retained earnings 751,025 635,297
Total LHC Group, Inc. stockholders’ equity 1,566,242 1,528,770
Noncontrolling interest – non-redeemable 85,857 84,584
Total stockholders’ equity 1,652,099 1,613,354
Total liabilities and stockholders’ equity $ 2,895,621 $ 2,483,354