2017 Q2 Form 10-Q Financial Statement
#000114275017000010 Filed on August 04, 2017
Income Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
Revenue | $489.8M | $473.7M |
YoY Change | 3.39% | 35.3% |
Cost Of Revenue | $328.8M | $319.0M |
YoY Change | 3.08% | 32.89% |
Gross Profit | $161.0M | $154.8M |
YoY Change | 4.04% | 40.53% |
Gross Profit Margin | 32.87% | 32.67% |
Selling, General & Admin | $96.67M | $99.54M |
YoY Change | -2.88% | 33.21% |
% of Gross Profit | 60.04% | 64.32% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $7.959M | $7.334M |
YoY Change | 8.52% | 40.18% |
% of Gross Profit | 4.94% | 4.74% |
Operating Expenses | $104.6M | $106.9M |
YoY Change | -2.1% | 33.66% |
Operating Profit | $56.38M | $47.88M |
YoY Change | 17.76% | 58.75% |
Interest Expense | $4.928M | $2.800M |
YoY Change | 76.0% | 41.63% |
% of Operating Profit | 8.74% | 5.85% |
Other Income/Expense, Net | -$300.0K | $400.0K |
YoY Change | -175.0% | -1023545369857030.0% |
Pretax Income | $51.45M | $45.08M |
YoY Change | 14.14% | 59.95% |
Income Tax | $20.20M | $18.76M |
% Of Pretax Income | 39.25% | 41.61% |
Net Earnings | $31.26M | $26.32M |
YoY Change | 18.74% | 65.86% |
Net Earnings / Revenue | 6.38% | 5.56% |
Basic Earnings Per Share | $0.65 | $0.55 |
Diluted Earnings Per Share | $0.63 | $0.53 |
COMMON SHARES | ||
Basic Shares Outstanding | 47.92M shares | 48.03M shares |
Diluted Shares Outstanding | 49.48M shares | 49.35M shares |
Balance Sheet
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $22.90M | $21.10M |
YoY Change | 8.53% | 45.52% |
Cash & Equivalents | $22.88M | $21.06M |
Short-Term Investments | ||
Other Short-Term Assets | $29.79M | $28.59M |
YoY Change | 4.19% | -53.89% |
Inventory | $4.203B | $3.974B |
Prepaid Expenses | $17.15M | $15.75M |
Receivables | $334.6M | $330.9M |
Other Receivables | $0.00 | $1.000M |
Total Short-Term Assets | $441.0M | $442.6M |
YoY Change | -0.35% | 28.89% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $65.37M | $56.58M |
YoY Change | 15.54% | 35.93% |
Goodwill | $340.6M | $342.8M |
YoY Change | -0.65% | 73.74% |
Intangibles | $236.5M | $255.2M |
YoY Change | -7.34% | 44.25% |
Long-Term Investments | $4.941B | $4.286B |
YoY Change | 15.28% | -10.11% |
Other Assets | $71.59M | $54.76M |
YoY Change | 30.74% | 21.12% |
Total Long-Term Assets | $747.9M | $737.9M |
YoY Change | 1.36% | 52.84% |
TOTAL ASSETS | ||
Total Short-Term Assets | $441.0M | $442.6M |
Total Long-Term Assets | $747.9M | $737.9M |
Total Assets | $1.189B | $1.180B |
YoY Change | 0.72% | 42.88% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $118.9M | $132.0M |
YoY Change | -9.87% | 29.91% |
Accrued Expenses | $41.33M | $102.5M |
YoY Change | -59.68% | 33.81% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $14.40M |
YoY Change | -100.0% | |
Long-Term Debt Due | $18.10M | $11.30M |
YoY Change | 60.18% | 50.67% |
Total Short-Term Liabilities | $266.3M | $301.6M |
YoY Change | -11.7% | 30.21% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $319.5M | $360.5M |
YoY Change | -11.37% | 91.15% |
Other Long-Term Liabilities | $82.30M | $84.50M |
YoY Change | -2.6% | 4.78% |
Total Long-Term Liabilities | $82.30M | $84.50M |
YoY Change | -2.6% | 4.78% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $266.3M | $301.6M |
Total Long-Term Liabilities | $82.30M | $84.50M |
Total Liabilities | $680.5M | $777.5M |
YoY Change | -12.48% | 44.49% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $72.93M | -$43.98M |
YoY Change | -265.85% | -70.68% |
Common Stock | $484.0K | $480.0K |
YoY Change | 0.83% | 0.84% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $13.59M | |
YoY Change | ||
Treasury Stock Shares | 453.0K shares | |
Shareholders Equity | $508.5M | $402.9M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.189B | $1.180B |
YoY Change | 0.72% | 42.88% |
Cashflow Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $31.26M | $26.32M |
YoY Change | 18.74% | 65.86% |
Depreciation, Depletion And Amortization | $7.959M | $7.334M |
YoY Change | 8.52% | 40.18% |
Cash From Operating Activities | $26.10M | $20.10M |
YoY Change | 29.85% | -19.6% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$6.200M | -$6.300M |
YoY Change | -1.59% | -23.17% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$100.0K | -$52.20M |
YoY Change | -99.81% | 3915.38% |
Cash From Investing Activities | -$6.300M | -$58.50M |
YoY Change | -89.23% | 515.79% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -27.00M | 36.20M |
YoY Change | -174.59% | -387.3% |
NET CHANGE | ||
Cash From Operating Activities | 26.10M | 20.10M |
Cash From Investing Activities | -6.300M | -58.50M |
Cash From Financing Activities | -27.00M | 36.20M |
Net Change In Cash | -7.200M | -2.200M |
YoY Change | 227.27% | -175.86% |
FREE CASH FLOW | ||
Cash From Operating Activities | $26.10M | $20.10M |
Capital Expenditures | -$6.200M | -$6.300M |
Free Cash Flow | $32.30M | $26.40M |
YoY Change | 22.35% | -20.48% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2016Q4 | ahs |
Accounts Payable And Accrued Expenses Excluding Accrued Compensation And Benefits Current
AccountsPayableAndAccruedExpensesExcludingAccruedCompensationAndBenefitsCurrent
|
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CY2017Q2 | ahs |
Accounts Payable And Accrued Expenses Excluding Accrued Compensation And Benefits Current
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|
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Accounts Payable To Subcontractor
AccountsPayableToSubcontractor
|
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|
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|
3205000 | USD |
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Acquisition Payments
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|
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Acquisition Payments
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|
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Effective Income Tax Rate Reconciliation Sharebased Compensation Excess Tax Benefit Amount
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|
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ahs |
Effective Income Tax Rate Reconciliation Sharebased Compensation Excess Tax Benefit Amount
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|
2239000 | USD | |
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Supplemental Disclosures Of Non Cash Investing And Financing Activities Goodwill
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Supplemental Disclosures Of Non Cash Investing And Financing Activities Goodwill
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Supplemental Disclosures Of Non Cash Investing And Financing Activities Intangible Assets
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Supplemental Disclosures Of Non Cash Investing And Financing Activities Intangible Assets
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Q2 | ||
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Document Fiscal Year Focus
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2017 | ||
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|
2017-06-30 | ||
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10-Q | ||
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27333000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-23000 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-43000 | USD | |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
341754000 | USD |
CY2017Q2 | us-gaap |
Goodwill
Goodwill
|
340596000 | USD |
CY2016Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
214939000 | USD |
CY2017Q2 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
214939000 | USD |
CY2016Q2 | us-gaap |
Gross Profit
GrossProfit
|
154753000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
306651000 | USD | |
CY2017Q2 | us-gaap |
Gross Profit
GrossProfit
|
161012000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
322788000 | USD | |
CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
45078000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
89139000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
51452000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
98357000 | USD | |
CY2016Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
18756000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
36948000 | USD | |
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
20197000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
35094000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
34110000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
45164000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
12565000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-18515000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
41434000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
360000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-2043000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
13648000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-710000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-5448000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
825000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
7390000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-5562000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4042000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
5763000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1619000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
525000 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
2013000 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
2964000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
5000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
|
1138000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
|
3497000 | USD | |
CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
245724000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
6049000 | USD | |
CY2017Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
236486000 | USD |
CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
2800000 | USD |
CY2017Q2 | us-gaap |
Interest Expense
InterestExpense
|
4928000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
10058000 | USD | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
154000 | USD | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
58000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
4678000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
9129000 | USD | |
us-gaap |
Investment Income Amortization Of Discount
InvestmentIncomeAmortizationOfDiscount
|
0 | USD | |
us-gaap |
Investment Income Amortization Of Discount
InvestmentIncomeAmortizationOfDiscount
|
42000 | USD | |
CY2016Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
6832000 | USD |
CY2017Q2 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
8810000 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
737498000 | USD |
CY2017Q2 | us-gaap |
Liabilities
Liabilities
|
680478000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1186881000 | USD |
CY2017Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1188970000 | USD |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
21892000 | USD | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
0 | USD | |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
274790000 | USD |
CY2017Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
266328000 | USD |
CY2016Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
8464000 | USD |
CY2017Q2 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
8693000 | USD |
CY2016Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
359192000 | USD |
CY2017Q2 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
319462000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
189235000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-38873000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-233154000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-19621000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
55280000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
70788000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
26322000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
52191000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31255000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
63263000 | USD | |
CY2016Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
3750000 | USD |
CY2017Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
18071000 | USD |
CY2016 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
3 | aquisition |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment | |
CY2016Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
106875000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
211463000 | USD | |
CY2017Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
104632000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
214373000 | USD | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
47878000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
95188000 | USD | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
56380000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
108415000 | USD | |
CY2016Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
4642000 | USD |
CY2017Q2 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
6678000 | USD |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
1121000 | USD | |
CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
34607000 | USD |
CY2017Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
29785000 | USD |
CY2016Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
25344000 | USD |
CY2017Q2 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
30032000 | USD |
CY2016Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
14336000 | USD |
CY2017Q2 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
13721000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
57534000 | USD |
CY2017Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
71594000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
86000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
125000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-41000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-38000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-25000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-449000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-99000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-53000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-111000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-574000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-58000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-15000 | USD | |
CY2016Q4 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
2827000 | USD |
CY2017Q2 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
2653000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
16611000 | USD |
CY2017Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
12387000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
82096000 | USD |
CY2017Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
82301000 | USD |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
725000 | USD | |
CY2016Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
9690000 | USD |
CY2017Q2 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
7223000 | USD |
CY2016Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
4312000 | USD |
CY2017Q2 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
1813000 | USD |
us-gaap |
Payments For Previous Acquisition
PaymentsForPreviousAcquisition
|
848000 | USD | |
us-gaap |
Payments For Previous Acquisition
PaymentsForPreviousAcquisition
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
329000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
448000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5554000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
9014000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
216350000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
2000000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
7251000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
8200000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
5452000 | USD | |
us-gaap |
Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
|
3062000 | USD | |
us-gaap |
Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
|
6824000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
12894000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
11741000 | USD | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
14189000 | USD |
CY2017Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
17153000 | USD |
us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
0 | USD | |
us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
85000 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
75000000 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
124000000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
0 | USD | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
144819000 | USD |
CY2017Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
156532000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
59954000 | USD |
CY2017Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
65368000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
7740000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
2000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
0 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
5625000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
25938000 | USD | |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
20271000 | USD |
CY2017Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
16064000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
31287000 | USD |
CY2017Q2 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
33882000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
9671000 | USD |
CY2017Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
72934000 | USD |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
473729000 | USD |
us-gaap |
Revenues
Revenues
|
941731000 | USD | |
CY2017Q2 | us-gaap |
Revenues
Revenues
|
489803000 | USD |
us-gaap |
Revenues
Revenues
|
984972000 | USD | |
CY2016Q4 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
10254000 | USD |
CY2017Q2 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
6559000 | USD |
CY2016Q4 | us-gaap |
Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
|
37338000 | USD |
CY2017Q2 | us-gaap |
Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
|
38841000 | USD |
CY2016Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
99541000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
197364000 | USD | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48034000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47964000 | shares | |
CY2017Q2 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
8461000 | USD |
CY2016Q4 | us-gaap |
Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
|
18708000 | USD |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47916000 | shares |
CY2017Q2 | us-gaap |
Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
|
18755000 | USD |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47849000 | shares | |
CY2016Q4 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
8406000 | USD |
CY2017Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
96673000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
198746000 | USD | |
CY2016Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2710000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6091000 | USD | |
CY2017Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2562000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5243000 | USD | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
449383000 | USD |
CY2017Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
508492000 | USD |
CY2016Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
443000 | shares |
CY2017Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
453000 | shares |
CY2016Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
13261000 | USD |
CY2017Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
13590000 | USD |
CY2016Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1314000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1261000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1559000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1649000 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49348000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49225000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49475000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49498000 | shares | |
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BASIS OF PRESENTATION</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The condensed consolidated balance sheets and related condensed consolidated statements of comprehensive income and cash flows contained in this Quarterly Report on Form 10-Q (this “Quarterly Report”), which are unaudited, include the accounts of AMN Healthcare Services, Inc. and its wholly-owned subsidiaries (collectively, the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, all entries necessary for a fair presentation of such unaudited condensed consolidated financial statements have been included. These entries consisted of all normal recurring items. The results of operations for the interim period are not necessarily indicative of the results to be expected for any other interim period or for the entire fiscal year or for any future period. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The unaudited condensed consolidated financial statements do not include all information and notes necessary for a complete presentation of financial position, results of operations and cash flows in conformity with accounting principles generally accepted in the United States. Please refer to the Company’s audited consolidated financial statements and the related notes for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2016</font><font style="font-family:inherit;font-size:10pt;">, contained in the Company’s Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2016</font><font style="font-family:inherit;font-size:10pt;">, filed with the Securities and Exchange Commission on February 17, 2017 (“</font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> Annual Report”). </font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. On an ongoing basis, the Company evaluates its estimates, including those related to asset impairments, accruals for self-insurance, compensation and related benefits, accounts receivable, contingencies and litigation, earn-out liabilities, and income taxes. Actual results could differ from those estimates under different assumptions or conditions. </font></div><div style="line-height:120%;padding-top:12px;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Adopted Accounting Pronouncements</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09, “Stock Compensation - Improvements to Employee Share-Based Payment Accounting.” The guidance attempts to simplify the accounting for share-based payment transactions in several areas, including the following: income tax consequences, classification of awards as either equity or liabilities, forfeitures, expected term, and statement of cash flows classification. The Company adopted this pronouncement prospectively beginning January 1, 2017. Accordingly, the prior period has not been adjusted and the primary effects of the adoption for the current period are as follows: </font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recorded </font><font style="font-family:inherit;font-size:10pt;">$1,028</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$5,325</font><font style="font-family:inherit;font-size:10pt;"> of tax benefits within income tax expense for the three and </font><font style="font-family:inherit;font-size:10pt;">six months ended June 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, respectively, related to the excess tax benefit on share-based compensation. Prior to adoption, this amount would have been recorded as additional paid-in capital;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company continued to estimate the number of awards expected to be forfeited in accordance with its existing accounting policy, which is to estimate forfeitures when recording share-based compensation expense; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company excluded the excess tax benefits from the assumed proceeds available to repurchase shares in the computation of its diluted earnings per share for the three and </font><font style="font-family:inherit;font-size:10pt;">six months ended June 30, 2017</font><font style="font-family:inherit;font-size:10pt;">. The effect of this change on its diluted earnings per share was not significant;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">six months ended June 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, cash flows related to excess tax benefits were classified as an operating activity. </font></div></td></tr></table><div style="line-height:120%;text-indent:30px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There were no other material impacts to the Company's consolidated financial statements as a result of adopting this updated standard.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. On an ongoing basis, the Company evaluates its estimates, including those related to asset impairments, accruals for self-insurance, compensation and related benefits, accounts receivable, contingencies and litigation, earn-out liabilities, and income taxes. Actual results could differ from those estimates under different assumptions or conditions. </font></div></div> |