XML 69 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenue $ 91,849 $ 77,907
Expense    
Cost of services 70,189 58,729
Rent—cost of services 9,706 8,297
General and administrative expense 6,661 8,244
Depreciation and amortization 1,021 810
Total expenses 87,577 76,080
Income from operations 4,272 1,827
Other income (expense):    
Interest expense, net (403) 0
Income before provision for income taxes 3,869 1,827
Provision for income taxes 889 343
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total 2,980 1,484
Less: net income attributable to noncontrolling interest 0 150
Net income and other comprehensive income attributable to The Pennant Group, Inc. $ 2,980 $ 1,334
Earnings per share:    
Basic (in dollars per share) $ 0.11 $ 0.05
Diluted (in dollars per share) $ 0.10 $ 0.05
Weighted average common shares outstanding:    
Basic (in shares) 27,891 27,834
Diluted (in shares) 29,873 27,834