XML 18 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Dialysis patient service revenues $ 11,213,515 $ 11,026,251 $ 10,896,706
Other revenues 405,282 524,353 491,773
Total revenues 11,618,797 11,550,604 11,388,479
Operating expenses:      
Patient care costs 7,972,414 7,988,613 7,914,485
General and administrative 1,195,335 1,247,584 1,103,312
Depreciation and amortization 680,615 630,435 615,152
Equity investment income, net (26,937) (26,916) (12,679)
Goodwill impairment charges 0 0 124,892
Loss on changes in ownership interest, net 0 16,252 0
Total operating expenses 9,821,427 9,855,968 9,745,162
Operating income 1,797,370 1,694,636 1,643,317
Debt expense (285,254) (304,111) (443,824)
Debt prepayment, refinancing and redemption charges 0 (89,022) (33,402)
Other income, net 6,378 16,759 29,348
Income from continuing operations before income taxes 1,518,494 1,318,262 1,195,439
Income tax expense 306,732 313,932 279,628
Net income from continuing operations 1,211,762 1,004,330 915,811
Net (loss) income from discontinued operations, net of tax 0 (9,653) 105,483
Net income 1,211,762 994,677 1,021,294
Less: Net income attributable to noncontrolling interests (233,312) (221,035) (210,313)
Net income attributable to DaVita Inc. $ 978,450 $ 773,642 $ 810,981
Earnings per share attributable to DaVita Inc.:      
Basic net income from continuing operations (in usd per share) $ 9.30 $ 6.54 $ 4.61
Basic net income (in usd per share) 9.30 6.46 5.29
Diluted net income from continuing operations (in usd per share) 8.90 6.39 4.60
Diluted net income (in usd per share) $ 8.90 $ 6.31 $ 5.27
Weighted average shares for earnings per share:      
Basic shares (in shares) 105,230,000 119,797,000 153,181,000
Diluted shares (in shares) 109,948,000 122,623,000 153,812,000
Amounts attributable to DaVita Inc.:      
Net income from continuing operations $ 978,450 $ 783,295 $ 706,832
Net (loss) income from discontinued operations 0 (9,653) 104,149
Net income attributable to DaVita Inc. $ 978,450 $ 773,642 $ 810,981