XML 26 R17.htm IDEA: XBRL DOCUMENT v3.22.2.2
Segment Information
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Segment Information Segment InformationThe 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.  
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 nine months ended September 30, 2022 and 2021 (amounts in thousands):
 Three months ended September 30, 2022
 Home health servicesHospice servicesHome and community-based servicesFacility-based servicesHCITotal
Net service revenue$373,335 $103,799 $47,978 $31,441 $20,360 $576,913 
Cost of service revenue (excluding depreciation and amortization)217,790 68,951 35,727 22,549 2,755 347,772 
General and administrative expenses126,052 32,384 11,893 12,098 6,624 189,051 
Impairment of intangibles and other— 1,590 469 — — 2,059 
Operating income (loss)29,493 874 (111)(3,206)10,981 38,031 
Interest expense(6,347)(1,356)(808)(362)(180)(9,053)
Income (loss) before income taxes and noncontrolling interest23,146 (482)(919)(3,568)10,801 28,978 
Income tax expense (benefit)5,723 (439)(165)(927)2,774 6,966 
Net income (loss)17,423 (43)(754)(2,641)8,027 22,012 
Less net income (loss) attributable to non controlling interests3,838 1,269 (125)(439)160 4,703 
Net income (loss) attributable to LHC Group, Inc.'s common stockholder$13,585 $(1,312)$(629)$(2,202)$7,867 $17,309 
Total assets$1,717,209 $798,668 $238,082 $80,223 $79,972 $2,914,154 

 Three months ended September 30, 2021
 Home health servicesHospice servicesHome and community-based servicesFacility-based servicesHCITotal
Net service revenue$386,699 $82,653 $45,800 $32,415 $17,884 $565,451 
Cost of service revenue (excluding depreciation and amortization)230,839 51,631 34,386 23,725 3,281 343,862 
General and administrative expenses126,695 22,548 11,764 11,050 4,387 176,444 
Operating income (loss)29,165 8,474 (350)(2,360)10,216 45,145 
Interest expense(811)(139)(109)(54)(22)(1,135)
Income (loss) before income taxes and noncontrolling interest28,354 8,335 (459)(2,414)10,194 44,010 
Income tax expense (benefit)6,407 1,874 (99)(554)2,522 10,150 
Net income (loss)21,947 6,461 (360)(1,860)7,672 33,860 
Less net income (loss) attributable to noncontrolling interests5,157 1,085 77 (187)(6)6,126 
Net income (loss) attributable to LHC Group, Inc.'s common stockholders$16,790 $5,376 $(437)$(1,673)$7,678 $27,734 
Total assets$1,632,670 $681,954 $239,452 $83,276 $75,334 $2,712,686 
 Nine months ended September 30, 2022
 Home health servicesHospice servicesHome and community-based servicesFacility-based servicesHCITotal
Net service revenue$1,154,009 $308,322 $137,036 $94,289 $30,945 $1,724,601 
Cost of service revenue (excluding depreciation and amortization)674,508 202,864 96,470 69,584 8,667 1,052,093 
General and administrative expenses387,482 97,152 35,755 35,737 13,674 569,800 
Impairment of intangibles and other930 2,677 523 — — 4,130 
Operating income (loss)91,089 5,629 4,288 (11,032)8,604 98,578 
Interest expense(13,805)(2,803)(1,785)(851)(387)(19,631)
Income (loss) before income taxes and noncontrolling interest77,284 2,826 2,503 (11,883)8,217 78,947 
Income tax expense (benefit)17,057 (3)680 (2,849)2,129 17,014 
Net income (loss)60,227 2,829 1,823 (9,034)6,088 61,933 
Less net income (loss) attributable to non controlling interests12,758 2,837 (74)(1,085)150 14,586 
Net income (loss) attributable to LHC Group, Inc.'s common stockholder$47,469 $(8)$1,897 $(7,949)$5,938 $47,347 
 Nine months ended September 30, 2021
 Home health servicesHospice servicesHome and community-based servicesFacility-based servicesHCITotal
Net service revenue$1,157,061 $209,191 $143,332 $96,814 $29,795 $1,636,193 
Cost of service revenue (excluding depreciation and amortization)663,137 129,848 103,941 65,360 9,720 972,006 
General and administrative expenses369,337 58,789 35,216 33,213 10,199 506,754 
Impairment of intangibles and other937 — — — — 937 
Operating income (loss)123,650 20,554 4,175 (1,759)9,876 156,496 
Interest expense(1,099)(195)(143)(73)(31)(1,541)
Income (loss) before income taxes and noncontrolling interest122,551 20,359 4,032 (1,832)9,845 154,955 
Income tax expense (benefit)26,003 4,221 889 (649)2,445 32,909 
Net income (loss)96,548 16,138 3,143 (1,183)7,400 122,046 
Less net income (loss) attributable to non controlling interests17,506 3,308 441 792 (37)22,010 
Net income (loss) attributable to LHC Group, Inc.'s common stockholder$79,042 $12,830 $2,702 $(1,975)$7,437 $100,036