XML 41 R29.htm IDEA: XBRL DOCUMENT v3.22.4
Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Information
The following tables summarize the Company’s segment information for the twelve months ended December 31, 2022, 2021 and 2020 (amounts in thousands):
 
 Year Ended December 31, 2022
 Home HealthHospiceHome and Community-BasedFacility-BasedHCITotal
Net service revenue$1,531,491 $407,489 $180,587 $127,916 $35,288 $2,282,771 
Cost of service revenue (excluding depreciation and amortization)894,002 270,177 130,142 93,336 11,501 1,399,158 
General and administrative expenses521,184 129,237 48,230 48,073 17,515 764,239 
Impairment of intangibles and other6,295 2,727 1,832 — — 10,854 
Operating income (loss)110,010 5,348 383 (13,493)6,272 108,520 
Interest expense(21,979)(4,553)(2,832)(1,327)(620)(31,311)
Income (loss) before income taxes and noncontrolling interests88,031 795 (2,449)(14,820)5,652 77,209 
Income tax expense (benefit)21,144 (1,049)(694)(4,087)1,647 16,961 
Net income (loss)66,887 1,844 (1,755)(10,733)4,005 60,248 
Less net income (loss) attributable to noncontrolling interests17,330 4,199 (130)(1,172)150 20,377 
Net income (loss) attributable to LHC Group, Inc.’s common stockholders$49,557 $(2,355)$(1,625)$(9,561)$3,855 $39,871 
Total assets$1,721,288 $797,019 $235,036 $79,571 $64,043 $2,896,957 

 
 Year Ended December 31, 2021
 Home HealthHospiceHome and Community-BasedFacility-BasedHCITotal
Net service revenue$1,551,542 $311,218 $189,561 $132,098 $35,203 $2,219,622 
Cost of service revenue (excluding depreciation and amortization)901,685 194,895 137,852 89,270 12,907 1,336,609 
General and administrative expenses501,132 89,693 46,724 45,304 13,582 696,435 
Impairment of intangibles and other937 — — — — 937 
Operating income (loss)147,788 26,630 4,985 (2,476)8,714 185,641 
Interest expense(3,103)(529)(413)(208)(85)(4,338)
Income (loss) before income taxes and noncontrolling interests144,685 26,101 4,572 (2,684)8,629 181,303 
Income tax expense (benefit)30,089 5,344 1,069 (919)2,104 37,687 
Net income (loss)114,596 20,757 3,503 (1,765)6,525 143,616 
Less net income (loss) attributable to noncontrolling interests22,060 4,297 467 1,105 (41)27,888 
Net income (loss) attributable to LHC Group, Inc.’s common stockholders$92,536 $16,460 $3,036 $(2,870)$6,566 $115,728 
Total assets$1,719,403 $786,671 $239,314 $85,005 $65,228 $2,895,621 


 
 Year Ended December 31, 2020
 Home HealthHospiceHome and Community-BasedFacility-BasedHCITotal
Net service revenue$1,463,779 $243,806 $194,584 $128,578 $32,457 $2,063,204 
Cost of service revenue (excluding depreciation and amortization)848,663 150,675 150,378 85,827 14,860 1,250,403 
General and administrative expenses464,568 66,454 45,443 43,435 12,947 632,847 
Impairment of intangibles and other1,249 600 — — — 1,849 
Operating income (loss)149,299 26,077 (1,237)(684)4,650 178,105 
Interest expense(2,856)(469)(390)(297)(117)(4,129)
Income (loss) before income taxes and noncontrolling interests146,443 25,608 (1,627)(981)4,533 173,976 
Income tax expense (benefit)30,435 4,925 (357)(185)1,225 36,043 
Net income (loss)116,008 20,683 (1,270)(796)3,308 137,933 
Less net income (loss) attributable to noncontrolling interests20,525 4,822 (171)1,193 (32)26,337 
Net income (loss) attributable to LHC Group, Inc.’s common stockholders$95,483 $15,861 $(1,099)$(1,989)$3,340 $111,596 
Total assets$1,741,044 $301,475 $263,708 $103,401 $73,726 $2,483,354