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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUE      
Total consolidated revenues $ 1,829,664 $ 1,616,630 $ 1,430,061
OPERATING EXPENSES      
Cost of operations, excluding depreciation and amortization 1,580,549 1,395,239 1,264,346
Lease abandonment charges 2,478 5,146 0
Depreciation and amortization 137,838 128,391 115,877
Gain on contribution of imaging centers into joint venture 0 (16,808) 0
Loss on sale and disposal of equipment 2,276 2,187 2,529
Severance costs 1,902 3,778 946
Total operating expenses 1,725,043 1,517,933 1,383,698
INCOME FROM OPERATIONS 104,621 98,697 46,363
OTHER INCOME AND EXPENSES      
Interest expense 79,849 64,483 50,841
Equity in earnings of joint ventures (14,472) (6,427) (10,390)
Non-cash change in fair value of interest rate swaps 8,006 8,185 (39,621)
Debt restructuring and extinguishment expenses 11,292 0 731
Other income (24,916) (6,354) 1,833
Total other expenses 59,759 59,887 3,394
Income before income taxes 44,862 38,810 42,969
Provision for income taxes (6,026) (8,473) (9,361)
NET INCOME 38,836 30,337 33,608
Net income attributable to noncontrolling interest 36,043 27,293 22,958
NET INCOME ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 2,793 $ 3,044 $ 10,650
BASIC NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share) $ 0.04 $ 0.05 $ 0.19
DILUTED NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share) $ 0.04 $ 0.05 $ 0.17
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 73,037,237 63,580,059 56,293,336
Diluted (in shares) 74,762,332 64,658,299 57,320,870
Impairment, Long-Lived Asset, Held-for-Use, Statement of Income or Comprehensive Income [Extensible Enumeration] Other income Other income Other income
Service fee revenue      
REVENUE      
Total consolidated revenues $ 1,693,089 $ 1,463,197 $ 1,278,016
Revenue under capitation arrangements      
REVENUE      
Total consolidated revenues $ 136,575 $ 153,433 $ 152,045