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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 46,272 $ 149,627
Accounts receivable 359,146 359,896
Inventory 127,754 123,095
Prepaid and other current assets 52,136 37,440
Total current assets 585,308 670,058
Equipment and other fixed assets, net 487,079 398,577
Operating lease right-of-use assets 129,506 147,760
Finance Lease, Right-Of-Use Asset, After Accumulated Amortization, Excluding Portion Within Equipment And Other Fixed Assets, Net 5,423 0
Goodwill 3,545,297 3,512,567
Identifiable intangible assets, net 162,773 202,231
Other assets 22,415 15,098
Deferred tax assets 281,786 304,193
Total Assets 5,219,587 5,250,484
Current liabilities:    
Accounts payable and accrued expenses 337,498 358,384
Current portion of long-term debt 35,000 20,000
Current portion of operating lease obligations 30,001 31,418
Current portion of finance lease obligations 2,211 15,446
Contract liabilities 31,641 31,370
Other liabilities 19,863 43,194
Total current liabilities 456,214 499,812
Long-term debt, less current portion 2,153,267 2,183,552
Operating lease obligations, less current portion 104,394 120,180
Finance lease obligations, less current portion 3,950 0
Other long-term liabilities 305,501 322,487
Warrant liability 38,503 57,764
Total Liabilities 3,061,829 3,183,795
Commitments and contingencies (Note 16)
Stockholders' Equity:    
Common Stock, par value of $0.0001 per share, 300,000,000 shares authorized and 134,435,119 and 133,843,732 shares issued and outstanding as of December 31, 2022 and 2021, respectfully, 13 13
Preferred Stock, par value of $0.0001 per share, 5,000,000 shares authorized; 124,060 shares issued and outstanding as of December 31, 2022 and 2021 1 1
Treasury stock, at cost (750,835 shares as of December 31, 2022) (13,992) 0
Additional paid-in capital 2,130,148 2,107,267
Retained earnings (Accumulated deficit) 26,295 (43,021)
Accumulated other comprehensive income (loss) 8,693 (2,354)
Total stockholders' equity attributable to AdaptHealth Corp. 2,151,158 2,061,906
Noncontrolling interests in subsidiaries 6,600 4,783
Total Stockholders' Equity 2,157,758 2,066,689
Total Liabilities and Stockholders' Equity $ 5,219,587 $ 5,250,484