XML 20 R6.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows from Operating Activities:    
Net income $ 24,909 $ 31,713
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization (inclusive of depreciation included in cost of service) 5,694 8,008
Non-cash compensation 3,273 7,347
Amortization and impairment of operating lease right of use assets 8,622 10,096
(Gain) loss on disposal of property and equipment (70) 5
Loss on personal care divestiture 2,186 0
Deferred income taxes 2,772 3,205
Equity in (earnings) loss from equity method investments (123) 1,403
Amortization of deferred debt issuance costs 248 248
Return on equity method investments 1,787 1,710
Changes in operating assets and liabilities, net of impact of acquisitions:    
Patient accounts receivable (7,476) (18,618)
Other current assets (4,128) 7,882
Operating lease right of use assets (918) (749)
Other assets (111) 247
Accounts payable (3,457) (2,115)
Accrued expenses 741 7,483
Other long-term obligations (28) (57)
Operating lease liabilities (7,960) (9,187)
Net cash provided by operating activities 25,961 48,621
Cash Flows from Investing Activities:    
Proceeds from the sale of deferred compensation plan assets 19 22
Proceeds from the sale of property and equipment 0 37
Purchases of property and equipment (1,350) (902)
Investments in technology assets (210) (236)
Purchase of cost method investment 0 (15,000)
Proceeds from personal care divestiture 47,787 0
Acquisitions of businesses, net of cash acquired (350) 0
Net cash provided by (used in) investing activities 45,896 (16,079)
Cash Flows from Financing Activities:    
Proceeds from issuance of stock upon exercise of stock options 0 86
Proceeds from issuance of stock to employee stock purchase plan 816 985
Shares withheld to pay taxes on non-cash compensation (1,308) (4,682)
Noncontrolling interest contributions 0 652
Noncontrolling interest distributions (285) (672)
Proceeds from borrowings under revolving line of credit 8,000 0
Repayments of borrowings under revolving line of credit (8,000) 0
Principal payments of long-term obligations (55,313) (3,771)
Purchase of noncontrolling interest (800) 0
Net cash used in financing activities (56,890) (7,402)
Net increase in cash, cash equivalents and restricted cash 14,967 25,140
Cash, cash equivalents and restricted cash at beginning of period 54,133 45,769
Cash, cash equivalents and restricted cash at end of period 69,100 70,909
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 6,654 1,864
Cash paid for income taxes, net of refunds received 352 551
Cash paid for operating lease liabilities 8,878 9,936
Cash paid for finance lease liabilities 2,457 357
Supplemental Disclosures of Non-Cash Activity:    
Right of use assets obtained in exchange for operating lease liabilities 7,083 11,203
Right of use assets obtained in exchange for finance lease liabilities 20,790 216
Reductions to right of use assets resulting from reductions to operating lease liabilities 141 299
Reductions to right of use assets resulting from reductions to finance lease liabilities 369 0
Noncontrolling interest contribution $ 0 $ 8,900