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GOODWILL AND DEFINITE-LIVED INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2018
GOODWILL AND DEFINITE-LIVED INTANGIBLE ASSETS  
Schedule of changes in goodwill by segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Specialty

 

PBM

 

Total

Balance at January 1, 2016

    

$

256,318

    

$

 —

    

$

256,318

Acquisitions:

 

 

 

 

 

 

 

 

 

TNH

 

 

59,275

 

 

 —

 

 

59,275

Miscellaneous

 

 

1,023

 

 

 —

 

 

1,023

Balance at December 31, 2016

 

 

316,616

 

 

 —

 

 

316,616

Acquisitions:

 

 

 

 

 

 

 

 

 

Affinity

 

 

8,772

 

 

 —

 

 

8,772

Comfort

 

 

11,669

 

 

 —

 

 

11,669

WRB

 

 

20,181

 

 

 —

 

 

20,181

TNH

 

 

1,351

 

 

 —

 

 

1,351

Accurate

 

 

8,741

 

 

 —

 

 

8,741

Focus

 

 

15,237

 

 

 —

 

 

15,237

NPS

 

 

 —

 

 

20,735

 

 

20,735

LDI

 

 

 —

 

 

426,005

 

 

426,005

Miscellaneous

 

 

3,317

 

 

 —

 

 

3,317

Balance at December 31, 2017

 

 

385,884

 

 

446,740

 

 

832,624

Other measurement period adjustments

 

 

552

 

 

1,382

 

 

1,934

Impairments

 

 

(45,776)

 

 

(179,190)

 

 

(224,966)

Balance at December 31, 2018

 

$

340,660

 

$

268,932

 

$

609,592

 

Schedule of definite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

Average

 

Gross

 

Accumulated

 

Net

 

 

Amortization

 

Carrying

 

Amortization/

 

Carrying

 

    

Period

    

Amount

    

Impairments

    

Amount

Customer relationships

 

9.8

 

$

100,200

 

$

(1,238)

 

$

98,962

Patient relationships

 

5.9

 

 

170,100

 

 

(67,964)

 

 

102,136

Trade names and trademarks

 

1.8

 

 

30,650

 

 

(20,270)

 

 

10,380

Non-compete employment agreements

 

1.6

 

 

61,389

 

 

(44,100)

 

 

17,289

Physician relationships

 

4.8

 

 

21,700

 

 

(9,657)

 

 

12,043

 

 

 

 

$

384,039

 

$

(143,229)

 

$

240,810

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

Average

 

Gross

 

 

 

Net

 

 

Amortization

 

Carrying

 

Accumulated

 

Carrying

 

    

Period

    

Amount

    

Amortization

    

Amount

Customer relationships

 

9.9

 

$

196,073

 

$

(1,141)

 

$

194,932

Patient relationships

 

6.8

 

 

170,100

 

 

(49,643)

 

 

120,457

Trade names and trademarks

 

3.7

 

 

44,020

 

 

(13,624)

 

 

30,396

Non-compete employment agreements

 

3.1

 

 

61,389

 

 

(30,560)

 

 

30,829

Physician relationships

 

5.7

 

 

21,700

 

 

(6,303)

 

 

15,397

 

 

 

 

$

493,282

 

$

(101,271)

 

$

392,011

 

Schedule of estimated future amortization expense of definite-lived intangible assets

 

 

 

 

 

2019

    

$

53,944

2020

 

 

41,612

2021

 

 

33,781

2022

 

 

27,738

2023

 

 

25,911

Thereafter

 

 

57,824

 

 

$

240,810