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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 68,630 $ 109,747
Accounts receivable 393,593 408,019
Inventory 148,852 139,842
Prepaid and other current assets 46,926 45,432
Assets held for sale 0 52,748
Total current assets 658,001 755,788
Equipment and other fixed assets, net 487,993 474,556
Operating lease right-of-use assets 96,708 105,999
Finance lease right-of-use assets 40,817 37,801
Goodwill 2,651,085 2,675,166
Identifiable intangible assets, net 95,174 105,548
Deferred tax assets 302,235 314,505
Other assets 18,812 17,584
Total Assets 4,350,825 4,486,947
Current liabilities:    
Accounts payable and accrued expenses 477,202 437,985
Current portion of long-term debt 16,250 16,250
Current portion of operating lease obligations 28,221 29,945
Current portion of finance lease obligations 15,223 14,315
Contract liabilities 56,290 34,944
Other liabilities 28,906 26,505
Liabilities held for sale 0 7,043
Total current liabilities 622,092 566,987
Long-term debt, less current portion 1,792,741 1,964,921
Operating lease obligations, less current portion 72,207 80,275
Finance lease obligations, less current portion 25,486 24,630
Other long-term liabilities 244,173 272,016
Total Liabilities 2,756,699 2,908,829
Commitments and contingencies (note 16)
Stockholders' Equity:    
Common Stock, par value of $0.0001 per share, 300,000,000 shares authorized; 135,215,856 and 134,602,317 shares issued and outstanding as of June 30, 2025 and December 31, 2024, 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, 2025 and December 31, 2024 1 1
Treasury stock, at cost (2,935,035 shares at June 30, 2025 and December 31, 2024) (25,548) (25,548)
Additional paid-in capital 2,166,516 2,156,604
Accumulated deficit (554,711) (562,178)
Accumulated other comprehensive income 1,173 2,253
Total stockholders' equity attributable to AdaptHealth Corp. 1,587,444 1,571,145
Noncontrolling interest in subsidiary 6,682 6,973
Total Stockholders' Equity 1,594,126 1,578,118
Total Liabilities and Stockholders' Equity $ 4,350,825 $ 4,486,947