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Segment Information (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Summary of Segment Information

 

 

For the Three Months Ended March 31, 2024

 

 

 

(Amounts in Thousands)

 

 

 

Personal Care

 

 

Hospice

 

 

Home Health

 

 

Total

 

Net service revenues

 

$

208,003

 

 

$

55,863

 

 

$

16,880

 

 

$

280,746

 

Cost of services revenues

 

 

152,536

 

 

 

28,967

 

 

 

11,066

 

 

 

192,569

 

Gross profit

 

 

55,467

 

 

 

26,896

 

 

 

5,814

 

 

 

88,177

 

General and administrative expenses

 

 

15,445

 

 

 

13,439

 

 

 

4,537

 

 

 

33,421

 

Segment operating income

 

$

40,022

 

 

$

13,457

 

 

$

1,277

 

 

 

54,756

 

 

 

 

For the Three Months Ended March 31, 2023

 

 

 

(Amounts in Thousands)

 

 

 

Personal Care

 

 

Hospice

 

 

Home Health

 

 

Total

 

Net service revenues

 

$

190,032

 

 

$

49,082

 

 

$

12,485

 

 

$

251,599

 

Cost of services revenues

 

 

138,383

 

 

 

27,267

 

 

 

7,534

 

 

 

173,184

 

Gross profit

 

 

51,649

 

 

 

21,815

 

 

 

4,951

 

 

 

78,415

 

General and administrative expenses

 

 

15,935

 

 

 

13,015

 

 

 

2,879

 

 

 

31,829

 

Segment operating income

 

$

35,714

 

 

$

8,800

 

 

$

2,072

 

 

$

46,586

 

 

 

 

For the Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

 

 

(Amounts in Thousands)

 

Segment reconciliation:

 

 

 

 

 

 

Total segment operating income

 

$

54,756

 

 

$

46,586

 

 

 

 

 

 

 

Items not allocated at segment level:

 

 

 

 

 

 

Other general and administrative expenses

 

 

27,642

 

 

 

24,531

 

Depreciation and amortization

 

 

3,469

 

 

 

3,447

 

Interest income

 

 

(423

)

 

 

(106

)

Interest expense

 

 

2,758

 

 

 

2,461

 

Income before income taxes

 

$

21,310

 

 

$

16,253