Financial Information for the Company and Its Subsidiaries

3 Months Ended

Mar. 31, 2022

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Financial Information for the Company and Its Subsidiaries

20. Financial Information for the Company and Its Subsidiaries

The Company conducts substantially all of its business through its subsidiaries. The 5.500% Senior Notes and 5.000% Senior Notes are jointly and severally guaranteed on an unsecured senior basis by all of the Company’s subsidiaries that guarantee the Company’s obligations under the New Credit Facility. Summarized financial information is presented below is consistent with the condensed consolidated financial statements of the Company, except transactions between combining entities have been eliminated. Financial information for the combined non-guarantor entities has been excluded. Presented below is condensed financial information for the combined wholly-owned subsidiary guarantors at March 31, 2022 and December 31, 2021, and for the three months ended March 31, 2022.

Summarized balance sheet information (in thousands):

	March 31, 2022		December 31, 2021
Current assets	$	453,748	$	422,113
Property and equipment, net		1,534,615		1,525,569
Goodwill		2,087,700		2,086,978
Total noncurrent assets		3,908,572		3,893,087
Current liabilities		388,834		385,044
Long-term debt		1,447,937		1,460,046
Total noncurrent liabilities		1,753,630		1,752,271
Redeemable noncontrolling interests		—		—
Total equity		2,219,856		2,177,885

Summarized operating results information (in thousands):

	Three Months Ended March 31, 2022
Revenue	$	569,806
Income before income taxes		72,712
Net income		56,687
Net income attributable to Acadia Healthcare Company, Inc.		56,687