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Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Financial Information by Segment The following tables present financial information by segment:

Year Ended December 31, 2024

Products & Healthcare Services

Patient Direct

Consolidated

Net revenue

$

8,020,771

$

2,680,112

$

10,700,883

Cost of goods sold

 

7,081,997

 

1,399,732

 

Distribution, selling and administrative expenses

879,671

1,030,120

Other operating expense (income), net

6,091

(9,895)

Segment income

$

53,012

$

260,155

313,167

Acquisition-related charges and intangible amortization

(86,543)

Exit and realignment charges, net

 

 

 

(110,162)

Goodwill impairment charge

(307,112)

Litigation and related charges (1)

(17,119)

Operating loss

$

(207,769)

Capital expenditures

$

50,050

$

178,112

$

228,162

Year Ended December 31, 2023

Products & Healthcare Services

Patient Direct

Consolidated

Net revenue

$

7,781,395

$

2,552,572

$

10,333,967

Cost of goods sold

 

6,873,254

 

1,335,553

 

Distribution, selling and administrative expenses

843,967

969,592

Other operating expense, net

6,365

564

Segment income

$

57,809

$

246,863

304,672

Acquisition-related charges and intangible amortization

(101,037)

Exit and realignment charges, net

 

 

 

(99,127)

Operating income

$

104,508

Capital expenditures

$

29,361

$

178,531

$

207,892

Year Ended December 31, 2022

Products & Healthcare Services

Patient Direct

Consolidated

Net revenue

$

7,898,397

$

2,057,078

$

9,955,475

Cost of goods sold

 

6,925,929

 

1,110,920

 

Distribution, selling and administrative expenses

802,669

752,152

Other operating (income) expense, net

(5,510)

258

Segment income

$

175,309

$

193,748

369,057

Acquisition-related charges and intangible amortization

(126,972)

Exit and realignment charges, net

 

 

 

(6,897)

Inventory valuation adjustment (2)

(92,275)

Operating income

$

142,913

Capital expenditures

$

49,824

$

116,758

$

166,582

Years Ended December 31,

2024

2023

2022

Share-based compensation:

Products & Healthcare Services

$

19,417

$

15,078

$

19,681

Patient Direct

5,714

5,864

820

Other (3)

1,705

2,276

492

Consolidated share-based compensation:

$

26,836

$

23,218

$

20,993

Depreciation and amortization:

Products & Healthcare Services

$

45,835

$

47,756

$

51,784

Patient Direct

141,032

152,583

98,036

Intangible amortization

64,943

83,522

78,847

Other (4)

12,965

3,516

-

Consolidated depreciation and amortization:

$

264,775

$

287,377

$

228,667

(1)Litigation and related charges includes settlement costs and related fees of legal matters within our Apria division, which do not occur in the ordinary course of our business, are non-recurring/infrequent and are inherently unpredictable in timing and amount. These charges are reported within Other operating (income) expense, net in our Statements of Operations for the year ended December 31, 2024.
(2)Relates to an inventory valuation adjustment in our Products & Healthcare Services segment, primarily associated with PPE inventory built up and a subsequent decline in demand as a result of the COVID-19 pandemic.
(3)Other share-based compensation expense is captured within exit and realignment charges, net or acquisition-related charges and intangible amortization for the years ended December 31, 2024, 2023 and 2022.
(4)Other depreciation and amortization expense is captured within exit and realignment charges, net for the years ended December 31, 2024 and 2023.
Schedule of Consolidated Total Assets

December 31, 2024

December 31, 2023

Total assets:

 

  

 

  

Products & Healthcare Services

$

2,429,513

$

2,359,825

Patient Direct

2,177,261

2,490,460

Segment assets

4,606,774

4,850,285

Cash and cash equivalents

 

49,382

 

243,037

Consolidated total assets

$

4,656,156

$

5,093,322

Schedule of Financial Information by Geographic Area

Years Ended December 31, 

2024

    

2023

    

2022

Net revenue:

  

 

  

 

  

United States

$

10,457,942

$

10,058,675

$

9,526,037

International

 

242,941

 

275,292

 

429,438

Consolidated net revenue

$

10,700,883

$

10,333,967

$

9,955,475

December 31, 

    

2024

    

2023

Long-lived assets:

 

  

 

  

United States

$

1,100,396

$

1,140,303

International

 

104,489

 

109,504

Consolidated long-lived assets

$

1,204,885

$

1,249,807