XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 110,738 $ 149,627
Accounts receivable 358,341 359,896
Inventory 125,362 123,095
Prepaid and other current assets 37,490 37,440
Total current assets 631,931 670,058
Equipment and other fixed assets, net 473,056 398,577
Operating lease right-of-use assets 128,635 147,760
Goodwill 3,524,999 3,512,567
Identifiable intangible assets, net 172,772 202,231
Other assets 20,453 15,098
Deferred tax assets 286,135 304,193
Total Assets 5,237,981 5,250,484
Current liabilities:    
Accounts payable and accrued expenses 346,920 358,384
Current portion of finance lease obligations 2,695 15,446
Current portion of operating lease obligations 28,769 31,418
Current portion of long-term debt 30,000 20,000
Contract liabilities 31,605 31,370
Other liabilities 26,938 43,194
Total current liabilities 466,927 499,812
Long-term debt, less current portion 2,162,088 2,183,552
Operating lease obligations, less current portion 103,859 120,180
Other long-term liabilities 306,641 322,487
Warrant liability 38,516 57,764
Total Liabilities 3,078,031 3,183,795
Commitments and contingencies (note 14)
Stockholders' Equity:    
Common Stock, par value of $0.0001 per share, 300,000,000 shares authorized; 134,723,174 and 133,843,732 shares issued and outstanding as of September 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 September 30, 2022 and December 31, 2021, respectively 1 1
Treasury stock, at cost (750,835 shares) (13,992)  
Additional paid-in capital 2,126,468 2,107,267
Retained earnings (Accumulated deficit) 28,883 (43,021)
Accumulated other comprehensive income (loss) 12,994 (2,354)
Total stockholders' equity attributable to AdaptHealth Corp. 2,154,367 2,061,906
Noncontrolling interests in subsidiaries 5,583 4,783
Total Stockholders' Equity 2,159,950 2,066,689
Total Liabilities and Stockholders' Equity $ 5,237,981 $ 5,250,484