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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 02, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 17,463 $ 30,490
Patient accounts receivable 246,026 218,917
Receivables under insured programs 6,605 6,373
Prepaid expenses 19,634 14,233
Other current assets 3,389 9,202
Total current assets 293,117 279,215
Property and equipment, net 27,490 31,374
Operating lease right of use assets 49,899 51,992
Goodwill 1,367,143 1,835,580
Intangible assets, net 100,355 102,851
Receivables under insured programs 23,378 25,530
Other long-term assets 47,600 7,829
Total assets 1,908,982 2,334,371
Current liabilities:    
Accounts payable and other accrued liabilities 53,370 52,624
Accrued payroll and employee benefits 45,224 54,565
Current portion of insurance reserves - insured programs 6,605 6,373
Current portion of insurance reserves 16,984 13,466
Securitization obligations 150,000 120,000
Current portion of long-term obligations 8,600 8,600
Current portion of operating lease liabilities 10,858 13,534
Current portion of deferred payroll taxes 25,523 25,523
Other current liabilities 44,001 50,146
Total current liabilities 361,165 344,831
Revolving credit facility 15,000  
Long-term obligations, less current portion 1,224,383 1,226,517
Long-term insurance reserves - insured programs 23,378 25,530
Long-term insurance reserves 36,408 35,122
Operating lease liabilities, less current portion 42,393 44,682
Deferred income taxes 2,957 3,046
Other long-term liabilities 1,026 16,692
Total liabilities 1,706,710 1,696,420
Commitments and contingencies (Note 11)
Deferred restricted stock units 2,135 2,135
Stockholders’ equity:    
Preferred stock, $0.01 par value as of July 2, 2022 and no par value as of January 2, 2021, 5,000,000 shares authorized; none issued or outstanding
Common stock, $0.01 par value, 1,000,000,000 shares authorized; 185,918,240 and 184,732,268 issued and outstanding, respectively 1,859 1,847
Additional paid-in capital 1,221,507 1,208,645
Accumulated deficit (1,023,229) (574,676)
Total stockholders’ equity 200,137 635,816
Total liabilities, deferred restricted stock units, and stockholders’ equity $ 1,908,982 $ 2,334,371