XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 670,134 $ 498,956 $ 1,323,579 $ 912,060
Expenses:        
Medical services expense 587,140 442,483 1,153,348 802,837
Other medical expenses 49,080 33,694 93,853 57,355
General and administrative (including noncash stock-based compensation expense of $6,553, $274,548, $10,523, and $276,020, respectively) 51,924 317,561 91,758 355,338
Depreciation and amortization 3,042 3,581 6,415 7,008
Total expenses 691,186 797,319 1,345,374 1,222,538
Income (loss) from operations (21,052) (298,363) (21,795) (310,478)
Other income (expense):        
Other income (expense), net 6,997 2,967 9,266 4,303
Gain (loss) on lease terminations (5,458) 0 (5,458) 0
Interest expense (945) (1,498) (1,816) (4,439)
Income (loss) before income taxes (20,458) (296,894) (19,803) (310,614)
Income tax benefit (expense) (580) (435) (509) (451)
Income (loss) from continuing operations (21,038) (297,329) (20,312) (311,065)
Discontinued operations:        
Income (loss) before income taxes 321 (1,547) 750 (2,898)
Income tax benefit (expense) (14) (65) (14) (129)
Total discontinued operations 307 (1,612) 736 (3,027)
Net income (loss) (20,731) (298,941) (19,576) (314,092)
Noncontrolling interests' share in (earnings) loss 82 96 157 169
Net income (loss) attributable to common shares $ (20,649) $ (298,845) $ (19,419) $ (313,923)
Net income (loss) per common share, basic and diluted        
Income (Loss) from Continuing Operations, Per Basic Share $ (0.05) $ (0.79) $ (0.05) $ (0.88)
Income (Loss) from Continuing Operations, Per Diluted Share (0.05) (0.79) (0.05) (0.88)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0 0 0 (0.01)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share $ 0 $ 0 $ 0 $ (0.01)
Weighted average shares outstanding - basic 407,339 377,445 404,666 351,695
Weighted average shares outstanding - diluted 407,339 377,445 404,666 351,695
Medical Services Revenue        
Revenues:        
Total revenues $ 669,184 $ 497,678 $ 1,321,607 $ 910,090
Other Operating Revenue        
Revenues:        
Total revenues $ 950 $ 1,278 $ 1,972 $ 1,970