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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 122,549 $ 99,029
Accounts receivable, net of allowance for doubtful accounts of $63,787 and $75,544 at 2016 and 2017, respectively 691,732 573,752
Prepaid income taxes 31,387 12,423
Other current assets 75,158 77,699
Total Current Assets 920,826 762,903
Property and equipment, net 912,591 892,217
Goodwill 2,782,812 2,751,000
Identifiable intangible assets, net 326,519 340,562
Other assets 184,418 173,944
Total Assets 5,127,166 4,920,626
Current Liabilities:    
Overdrafts 29,463 39,362
Current portion of long-term debt and notes payable 22,187 13,656
Accounts payable 128,194 126,558
Accrued payroll 160,562 146,397
Accrued vacation 92,875 83,261
Accrued interest 19,885 22,325
Accrued other 143,166 140,076
Income taxes payable 9,071 0
Total Current Liabilities 605,403 571,635
Long-term debt, net of current portion 2,677,715 2,685,333
Non-current deferred tax liability 124,917 199,078
Other non-current liabilities 145,709 136,520
Total Liabilities 3,553,744 3,592,566
Commitments and contingencies (Note 15)
Redeemable non-controlling interests 640,818 422,159
Stockholders’ Equity:    
Common stock 134 132
Capital in excess of par 463,499 443,908
Retained earnings (accumulated deficit) 359,735 371,685
Total Select Medical Holdings Corporation and Select Medical Corporation Stockholders’ Equity 823,368 815,725
Non-controlling interests 109,236 90,176
Total Equity 932,604 905,901
Total Liabilities and Equity 5,127,166 4,920,626
Select    
Current Assets:    
Cash and cash equivalents 122,549 99,029
Accounts receivable, net of allowance for doubtful accounts of $63,787 and $75,544 at 2016 and 2017, respectively 691,732 573,752
Prepaid income taxes 31,387 12,423
Other current assets 75,158 77,699
Total Current Assets 920,826 762,903
Property and equipment, net 912,591 892,217
Goodwill 2,782,812 2,751,000
Identifiable intangible assets, net 326,519 340,562
Other assets 184,418 173,944
Total Assets 5,127,166 4,920,626
Current Liabilities:    
Overdrafts 29,463 39,362
Current portion of long-term debt and notes payable 22,187 13,656
Accounts payable 128,194 126,558
Accrued payroll 160,562 146,397
Accrued vacation 92,875 83,261
Accrued interest 19,885 22,325
Accrued other 143,166 140,076
Income taxes payable 9,071  
Total Current Liabilities 605,403 571,635
Long-term debt, net of current portion 2,677,715 2,685,333
Non-current deferred tax liability 124,917 199,078
Other non-current liabilities 145,709 136,520
Total Liabilities 3,553,744 3,592,566
Commitments and contingencies (Note 15)
Redeemable non-controlling interests 640,818 422,159
Stockholders’ Equity:    
Common stock 0 0
Capital in excess of par 947,370 925,111
Retained earnings (accumulated deficit) (124,002) (109,386)
Total Select Medical Holdings Corporation and Select Medical Corporation Stockholders’ Equity 823,368 815,725
Non-controlling interests 109,236 90,176
Total Equity 932,604 905,901
Total Liabilities and Equity $ 5,127,166 $ 4,920,626