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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 101,401 $ 46,272
Accounts receivable 353,226 359,146
Inventory 136,018 127,754
Prepaid and other current assets 56,080 52,136
Total current assets 646,725 585,308
Equipment and other fixed assets, net 503,423 487,079
Operating lease right-of-use assets 123,023 129,506
Finance lease right-of-use assets 7,403 5,423
Goodwill 3,545,361 3,545,297
Identifiable intangible assets, net 152,774 162,773
Other assets 19,665 22,415
Deferred tax assets 285,064 281,786
Total Assets 5,283,438 5,219,587
Current liabilities:    
Accounts payable and accrued expenses 401,346 337,498
Current portion of long-term debt 40,000 35,000
Current portion of operating lease obligations 29,711 30,001
Current portion of finance lease obligations 2,248 2,211
Contract liabilities 32,409 31,641
Other liabilities 18,763 19,863
Total current liabilities 524,477 456,214
Long-term debt, less current portion 2,169,445 2,153,267
Operating lease obligations, less current portion 97,237 104,394
Finance lease obligations, less current portion 5,338 3,950
Other long-term liabilities 302,894 305,501
Warrant liability 16,589 38,503
Total Liabilities 3,115,980 3,061,829
Commitments and contingencies (note 14)
Stockholders' Equity:    
Common Stock, par value of $0.0001 per share, 300,000,000 shares authorized; 134,148,031 and 134,435,119 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 13 13
Preferred Stock, par value of $0.0001 per share, 5,000,000 shares authorized; 124,060 shares issued and outstanding as of March 31, 2023 and December 31, 2022 1 1
Treasury stock, at cost (1,382,788 and 750,835 shares at March 31, 2023 and December 31, 2022, respectively) (23,216) (13,992)
Additional paid-in capital 2,135,202 2,130,148
Retained earnings 42,002 26,295
Accumulated other comprehensive income 5,888 8,693
Total stockholders' equity attributable to AdaptHealth Corp. 2,159,890 2,151,158
Noncontrolling interest in subsidiary 7,568 6,600
Total Stockholders' Equity 2,167,458 2,157,758
Total Liabilities and Stockholders' Equity $ 5,283,438 $ 5,219,587