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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
NET REVENUE      
Service fee revenue, net of contractual allowances and discounts $ 746,756 $ 670,136 $ 665,307
Provision for bad debts (36,033) (29,807) (27,911)
Net service fee revenue 710,723 640,329 637,396
Revenue under capitation arrangements 98,905 77,240 65,590
Total net revenue 809,628 717,569 702,986
OPERATING EXPENSES      
Cost of operations, excluding depreciation and amortization 708,289 602,652 598,655
Depreciation and amortization 60,611 59,258 58,890
Loss on sale and disposal of equipment 866 1,113 1,032
Severance costs 745 1,241 806
Total operating expenses 770,511 664,264 659,383
INCOME FROM OPERATIONS 39,117 53,305 43,603
OTHER INCOME AND EXPENSES      
Interest expense 41,684 42,727 45,791
Meaningful use incentive (3,270) (2,034) 0
Equity in earnings of joint ventures (8,927) (6,970) (6,194)
Gain on sale of imaging centers (5,434) 0 (2,108)
Loss on early extinguishment of senior notes 0 15,927 0
Other expenses 419 3 228
Total other expenses 24,472 49,653 37,717
INCOME BEFORE INCOME TAXES 14,645 3,652 5,886
Provision for income taxes (6,007) (1,967) (3,510)
NET INCOME 8,638 1,685 2,376
Net income attributable to noncontrolling interests 929 309 256
NET INCOME ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 7,709 $ 1,376 $ 2,120
BASIC NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 0.18 $ 0.03 $ .05
DILUTED NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ .17 $ 0.03 $ .05
Weighted average shares outstanding - Basic 43,805,794 41,070,077 39,140,480
Weighted average shares outstanding - Diluted 45,171,372 43,149,196 39,814,535