XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 118,809 $ 149,627
Accounts receivable 355,345 359,896
Inventory 102,675 123,095
Prepaid and other current assets 28,387 37,440
Total current assets 605,216 670,058
Equipment and other fixed assets, net 454,773 398,577
Operating lease right-of-use assets 135,748 147,760
Goodwill 3,515,612 3,512,567
Identifiable intangible assets, net 182,771 202,231
Other assets 15,674 15,098
Deferred tax assets 292,218 304,193
Total Assets 5,202,012 5,250,484
Current liabilities:    
Accounts payable and accrued expenses 314,973 358,384
Current portion of finance lease obligations 4,347 15,446
Current portion of operating lease obligations 29,597 31,418
Current portion of long-term debt 25,000 20,000
Contract liabilities 31,411 31,370
Other liabilities 30,128 43,194
Total current liabilities 435,456 499,812
Long-term debt, less current portion 2,170,909 2,183,552
Operating lease obligations, less current portion 110,093 120,180
Other long-term liabilities 309,101 322,487
Warrant liability 38,760 57,764
Total Liabilities 3,064,319 3,183,795
Commitments and contingencies (note 14)
Stockholders' Equity:    
Common Stock, par value of $0.0001 per share, 300,000,000 shares authorized; 134,424,608 and 133,843,732 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 13 13
Preferred Stock, par value of $0.0001 per share, 5,000,000 shares authorized; 124,060 and 124,060 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 1 1
Treasury stock, at cost (199,418 shares ) (3,375)  
Additional paid-in capital 2,118,578 2,107,267
Retained earnings (Accumulated deficit) 12,761 (43,021)
Accumulated other comprehensive income (loss) 5,237 (2,354)
Total stockholders' equity attributable to AdaptHealth Corp. 2,133,215 2,061,906
Noncontrolling interests in subsidiaries 4,478 4,783
Total Stockholders' Equity 2,137,693 2,066,689
Total Liabilities and Stockholders' Equity $ 5,202,012 $ 5,250,484