XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net service revenue $ 564,166 $ 485,059 $ 1,101,310 $ 976,744
Other operating income 4,603 22,780 13,304 22,780
Cost of service, excluding depreciation and amortization 308,691 295,228 605,894 580,965
General and administrative expenses:        
Salaries and benefits 114,335 105,617 230,160 207,183
Non-cash compensation 6,156 6,725 13,463 12,634
Other 54,731 44,003 103,837 93,268
Depreciation and amortization 6,721 6,334 14,276 11,672
Operating expenses 490,634 457,907 967,630 905,722
Operating income 78,135 49,932 146,984 93,802
Other income (expense):        
Interest income 25 214 49 227
Interest expense (1,932) (2,752) (4,004) (5,983)
Equity in earnings from equity method investments 1,370 487 2,488 964
Gain (loss) on equity method investments 31,092 (2,980) 31,092 (2,980)
Miscellaneous, net 475 277 763 540
Total other income (expense), net 31,030 (4,754) 30,388 (7,232)
Income before income taxes 109,165 45,178 177,372 86,570
Income tax expense (28,546) (10,031) (46,461) (19,377)
Net income 80,619 35,147 130,911 67,193
Net income attributable to noncontrolling interests (470) (473) (892) (717)
Net income attributable to Amedisys, Inc. $ 80,149 $ 34,674 $ 130,019 $ 66,476
Basic earnings per common share:        
Net income attributable to Amedisys, Inc. common stockholders, basic (usd per share) $ 2.46 $ 1.07 $ 3.98 $ 2.05
Weighted average shares outstanding, basic (shares) 32,588 32,412 32,684 32,371
Diluted earnings per common share:        
Net income attributable to Amedisys, Inc. common stockholders, diluted (usd per share) $ 2.43 $ 1.04 $ 3.93 $ 2.00
Weighted average shares outstanding, diluted (shares) 32,981 33,285 33,085 33,259