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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 69,832 $ 77,132
Accounts receivable 437,077 388,910
Inventory 123,896 113,642
Prepaid and other current assets 55,623 69,338
Total current assets 686,428 649,022
Equipment and other fixed assets, net 496,136 495,101
Operating lease right-of-use assets 106,816 110,465
Finance lease right-of-use assets 37,660 31,962
Goodwill 2,711,880 2,724,958
Identifiable intangible assets, net 119,021 130,160
Other assets 19,418 21,128
Deferred tax assets 333,553 345,854
Total Assets 4,510,912 4,508,650
Current liabilities:    
Accounts payable and accrued expenses 446,560 391,994
Current portion of long-term debt 40,000 53,368
Current portion of operating lease obligations 30,785 29,270
Current portion of finance lease obligations 11,587 9,122
Contract liabilities 36,245 38,570
Warrant liability 4,464 4,021
Other liabilities 26,383 10,654
Total current liabilities 596,024 536,999
Long-term debt, less current portion 2,040,451 2,094,614
Operating lease obligations, less current portion 80,249 85,529
Finance lease obligations, less current portion 25,933 22,746
Other long-term liabilities 275,602 302,093
Total Liabilities 3,018,259 3,041,981
Commitments and contingencies (note 14)
Stockholders' Equity:    
Common Stock, par value of $0.0001 per share, 300,000,000 shares authorized; 133,376,523 and 132,634,850 shares issued and outstanding as of June 30, 2024 and December 31, 2023, 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 June 30, 2024 and December 31, 2023 1 1
Treasury stock, at cost (3,935,035 shares at June 30, 2024 and December 31, 2023) (43,267) (43,267)
Additional paid-in capital 2,159,521 2,149,951
Accumulated deficit (635,299) (652,600)
Accumulated other comprehensive income 4,848 4,356
Total stockholders' equity attributable to AdaptHealth Corp. 1,485,817 1,458,454
Noncontrolling interest in subsidiary 6,836 8,215
Total Stockholders' Equity 1,492,653 1,466,669
Total Liabilities and Stockholders' Equity $ 4,510,912 $ 4,508,650