XML 72 R63.htm IDEA: XBRL DOCUMENT v3.22.2.2
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share        
Anti-dilutive securities excluded (in shares) 14,688,000 12,406,000 13,095,000 12,944,000
Anti-dilutive securities excluded diluted net income per share (in shares)     1,000,000  
Numerator:        
Net income attributable to AdaptHealth Corp $ 16,122 $ 58,092 $ 71,904 $ 133,233
Less: Earnings allocated to participating securities (1) 1,360 5,002 6,079 12,572
Net income for basic EPS 14,762 53,090 65,825 120,661
Change in fair value of warrant liability 1,364 (16,737) (17,145) (57,359)
Change in fair value of contingent consideration - common shares liability, net of tax   (8,145)   (27,718)
Net income for diluted EPS $ 14,762 $ 28,208 $ 48,680 $ 35,584
Denominator:        
Basic weighted-average common shares outstanding 134,227,000 131,684,000 134,186,000 124,228,000
Add: Warrants (2)   2,245,000 1,436,000 2,598,000
Add: Contingent Consideration Shares   2,000,000   2,000,000
Diluted weighted average common shares outstanding 137,583,000 140,322,000 138,599,000 133,638,000
Basic net income per share $ 0.11 $ 0.40 $ 0.49 $ 0.97
Diluted net income per share $ 0.11 $ 0.20 $ 0.35 $ 0.27
Preferred Stock        
Antidilutive Securities Excluded from Computation of Earnings Per Share        
Anti-dilutive securities excluded (in shares) 12,406,000 12,406,000 12,406,000 12,944,000
Warrants        
Antidilutive Securities Excluded from Computation of Earnings Per Share        
Anti-dilutive securities excluded (in shares) 1,706,000      
Stock Options        
Antidilutive Securities Excluded from Computation of Earnings Per Share        
Anti-dilutive securities excluded (in shares) 468,000   468,000  
Denominator:        
Add: Stock options 2,903,000 3,794,000 2,669,000 4,112,000
Unvested restricted stock        
Antidilutive Securities Excluded from Computation of Earnings Per Share        
Anti-dilutive securities excluded (in shares) 108,000   221,000  
Denominator:        
Add: Unvested restricted stock 453,000 599,000 308,000 700,000