2019 Q4 Form 10-Q Financial Statement

#000133234919000117 Filed on November 05, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q4
Revenue $986.6M $1.009B $1.069B
YoY Change -7.7% -9.92% -8.32%
Cost Of Revenue $775.4M $809.9M $831.3M
YoY Change -6.72% -6.74% -4.97%
Gross Profit $211.3M $199.1M $237.7M
YoY Change -11.11% -20.88% -18.34%
Gross Profit Margin 21.42% 19.73% 22.24%
Selling, General & Admin $115.0M $123.7M $126.9M
YoY Change -9.38% -4.26% -15.68%
% of Gross Profit 54.42% 62.13% 53.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $96.10M $94.70M $106.7M
YoY Change -9.93% -15.3% -11.01%
% of Gross Profit 45.48% 47.57% 44.89%
Operating Expenses $210.0M $217.2M $233.0M
YoY Change -9.87% -9.58% -12.57%
Operating Profit -$43.15M -$20.22M -$46.46M
YoY Change -7.12% -657.69% -1869.71%
Interest Expense -$59.20M -$62.00M -$64.80M
YoY Change -8.64% -9.22% -18.18%
% of Operating Profit
Other Income/Expense, Net $4.800M $3.763M $6.000M
YoY Change -20.0% -22235.29% 22.45%
Pretax Income -$93.10M -$80.31M $99.80M
YoY Change -193.29% 46.27% -293.53%
Income Tax -$1.800M -$1.800M -$37.80M
% Of Pretax Income -37.88%
Net Earnings -$91.41M -$78.46M $131.5M
YoY Change -169.49% 111.36% 773.61%
Net Earnings / Revenue -9.26% -7.78% 12.31%
Basic Earnings Per Share -$0.42
Diluted Earnings Per Share -$493.5K -$0.42 $700.6K
COMMON SHARES
Basic Shares Outstanding 185.6M shares 185.5M shares 187.7M shares
Diluted Shares Outstanding 185.5M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $309.0M $291.0M $413.0M
YoY Change -25.18% 117.16% -19.65%
Cash & Equivalents $240.2M $241.4M $398.3M
Short-Term Investments $69.00M $50.00M $15.00M
Other Short-Term Assets $154.0M $197.0M $227.0M
YoY Change -32.16% -47.18% -12.36%
Inventory
Prepaid Expenses
Receivables $133.6M $140.7M $133.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $596.2M $628.5M $774.0M
YoY Change -22.98% -1.29% -14.18%
LONG-TERM ASSETS
Property, Plant & Equipment $6.270B $5.186B $5.275B
YoY Change 18.85% -4.1% -9.85%
Goodwill $154.1M $154.1M $154.1M
YoY Change 0.0% 0.0% -69.53%
Intangibles $35.20M $42.78M $51.47M
YoY Change -31.62% -28.29% -24.28%
Long-Term Investments $21.00M $23.00M $28.00M
YoY Change -25.0% -23.33% -78.46%
Other Assets $118.7M $77.66M $160.4M
YoY Change -25.99% -57.39% -17.81%
Total Long-Term Assets $6.598B $6.746B $5.693B
YoY Change 15.9% 15.16% -15.95%
TOTAL ASSETS
Total Short-Term Assets $596.2M $628.5M $774.0M
Total Long-Term Assets $6.598B $6.746B $5.693B
Total Assets $7.194B $7.374B $6.467B
YoY Change 11.24% 13.54% -15.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $105.0M $106.0M $95.00M
YoY Change 10.53% 32.5% 3.26%
Accrued Expenses $266.7M $275.8M $298.2M
YoY Change -10.57% -14.04% -9.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $339.4M $343.6M $294.4M
YoY Change 15.28% -29.55% -40.57%
Total Short-Term Liabilities $1.047B $1.058B $773.3M
YoY Change 35.38% 9.89% -29.43%
LONG-TERM LIABILITIES
Long-Term Debt $3.216B $3.229B $3.346B
YoY Change -3.89% 0.51% -0.88%
Other Long-Term Liabilities $169.0M $154.9M $197.3M
YoY Change -14.33% -23.74% -8.09%
Total Long-Term Liabilities $3.385B $3.383B $3.543B
YoY Change -4.47% -0.93% -1.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.047B $1.058B $773.3M
Total Long-Term Liabilities $3.385B $3.383B $3.543B
Total Liabilities $6.496B $6.580B $5.449B
YoY Change 19.21% 17.41% -11.33%
SHAREHOLDERS EQUITY
Retained Earnings -$3.393B -$3.302B -$3.069B
YoY Change 10.55% 3.15% 20.78%
Common Stock $1.996M $1.997M $1.968M
YoY Change 1.42% 2.99% 2.88%
Preferred Stock
YoY Change
Treasury Stock (at cost) $84.65M $79.10M $64.94M
YoY Change 30.35% 40.14% 15.06%
Treasury Stock Shares 7.465M shares 6.670M shares 4.459M shares
Shareholders Equity $696.4M $788.4M $1.019B
YoY Change
Total Liabilities & Shareholders Equity $7.194B $7.374B $6.467B
YoY Change 11.24% 13.54% -15.74%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income -$91.41M -$78.46M $131.5M
YoY Change -169.49% 111.36% 773.61%
Depreciation, Depletion And Amortization $96.10M $94.70M $106.7M
YoY Change -9.93% -15.3% -11.01%
Cash From Operating Activities $88.10M $69.20M $33.50M
YoY Change 162.99% -3.76% -64.85%
INVESTING ACTIVITIES
Capital Expenditures -$97.80M -$84.50M -$56.10M
YoY Change 74.33% 71.4% -28.72%
Acquisitions
YoY Change
Other Investing Activities $22.60M $14.50M $357.9M
YoY Change -93.69% -41.53% 5865.0%
Cash From Investing Activities -$75.10M -$70.10M $301.8M
YoY Change -124.88% 186.12% -515.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -26.60M -8.700M -85.20M
YoY Change -68.78% -77.04% -7.99%
NET CHANGE
Cash From Operating Activities 88.10M 69.20M 33.50M
Cash From Investing Activities -75.10M -70.10M 301.8M
Cash From Financing Activities -26.60M -8.700M -85.20M
Net Change In Cash -13.60M -9.600M 250.1M
YoY Change -105.44% -201.05% -457.8%
FREE CASH FLOW
Cash From Operating Activities $88.10M $69.20M $33.50M
Capital Expenditures -$97.80M -$84.50M -$56.10M
Free Cash Flow $185.9M $153.7M $89.60M
YoY Change 107.48% 26.82% -48.51%

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CY2019Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2455000 USD
CY2018Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-33000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5194000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-77000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2057000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1340000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-6907000 USD
CY2019Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
579000 USD
CY2018Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
9833000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2723000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
76586000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3763000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9950000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8074000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-80308000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-54903000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-177657000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-677607000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-17724000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
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CY2018Q3 us-gaap Profit Loss
ProfitLoss
-37140000 USD
us-gaap Profit Loss
ProfitLoss
-177169000 USD
us-gaap Profit Loss
ProfitLoss
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CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-86000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-78458000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-37121000 USD
us-gaap Net Income Loss
NetIncomeLoss
-176523000 USD
us-gaap Net Income Loss
NetIncomeLoss
-659797000 USD
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.42
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.20
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
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us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
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CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
185516000 shares
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
187675000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
186130000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
187383000 shares
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
866204000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
920657000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1018413000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1530291000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
793796000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
889848000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
793796000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
889848000 USD
us-gaap Profit Loss
ProfitLoss
-177169000 USD
us-gaap Profit Loss
ProfitLoss
-659883000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5194000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-77000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
287382000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
348464000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
6254000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
451966000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-6907000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2388000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2159000 USD
bkd Amortization Of Deferred Gains From Sale Leaseback Transaction
AmortizationOfDeferredGainsFromSaleLeasebackTransaction
0 USD
bkd Amortization Of Deferred Gains From Sale Leaseback Transaction
AmortizationOfDeferredGainsFromSaleLeasebackTransaction
3269000 USD
bkd Recognitionof Contract Liability
RecognitionofContractLiability
1172000 USD
bkd Recognitionof Contract Liability
RecognitionofContractLiability
1220000 USD
bkd Proceeds From Deferred Entrance Fee Revenue
ProceedsFromDeferredEntranceFeeRevenue
2902000 USD
bkd Proceeds From Deferred Entrance Fee Revenue
ProceedsFromDeferredEntranceFeeRevenue
2507000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1216000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-19180000 USD
bkd Operating Lease Expense Adjustments
OperatingLeaseExpenseAdjustments
-13626000 USD
bkd Operating Lease Expense Adjustments
OperatingLeaseExpenseAdjustments
-14656000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-212000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-153000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2723000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
76586000 USD
bkd Gain Loss On Termination Of Lease Net
GainLossOnTerminationOfLeaseNet
-2006000 USD
bkd Gain Loss On Termination Of Lease Net
GainLossOnTerminationOfLeaseNet
-135760000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18315000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20710000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9151000 USD
us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
640000 USD
us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
5649000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
7173000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
154000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6756000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1127000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-50387000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-28118000 USD
bkd Increase Decreasein Prepaid Insurance Premiums
IncreaseDecreaseinPrepaidInsurancePremiums
5875000 USD
bkd Increase Decreasein Prepaid Insurance Premiums
IncreaseDecreaseinPrepaidInsurancePremiums
6244000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-21970000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-9661000 USD
bkd Increase Decreasein Refundable Feesand Contractwith Customers Liability
IncreaseDecreaseinRefundableFeesandContractwithCustomersLiability
-24007000 USD
bkd Increase Decreasein Refundable Feesand Contractwith Customers Liability
IncreaseDecreaseinRefundableFeesandContractwithCustomersLiability
-4239000 USD
bkd Payments Proceeds For Lessor Capital Expenditure Impairment
PaymentsProceedsForLessorCapitalExpenditureImpairment
-12043000 USD
bkd Payments Proceeds For Lessor Capital Expenditure Impairment
PaymentsProceedsForLessorCapitalExpenditureImpairment
0 USD
bkd Payments Proceeds For Termination Of Operating Leases
PaymentsProceedsForTerminationOfOperatingLeases
0 USD
bkd Payments Proceeds For Termination Of Operating Leases
PaymentsProceedsForTerminationOfOperatingLeases
33596000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
128330000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
170508000 USD
us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
-430000 USD
us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
-664000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
137786000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
104000000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
293273000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
206385000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
200098000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
169349000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
453000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
271771000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
4294000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
8946000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
7454000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
10782000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
53430000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
131912000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
34109000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
1580000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
156000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-150355000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13027000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
318491000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
279919000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
404152000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
501946000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
200000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
200000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18401000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6357000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3341000 USD
bkd Customer Refundable Fees Proceeds Refunds
CustomerRefundableFeesProceedsRefunds
0 USD
bkd Customer Refundable Fees Proceeds Refunds
CustomerRefundableFeesProceedsRefunds
-316000 USD
bkd Payments Proceeds For Lease Termination
PaymentsProceedsForLeaseTermination
0 USD
bkd Payments Proceeds For Lease Termination
PaymentsProceedsForLeaseTermination
12548000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3242000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2844000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
827000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1147000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-112834000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
450218000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
282546000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
315359000 USD
us-gaap Nature Of Operations
NatureOfOperations
Description of Business<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Brookdale Senior Living Inc. ("Brookdale" or the "Company") is an operator of senior living communities throughout the United States. The Company is committed to providing senior living solutions primarily within properties that are designed, purpose-built, and operated to provide quality service, care, and living accommodations for residents. The Company operates and manages independent living, assisted living, memory care, and continuing care retirement communities ("CCRCs"). The Company also offers a range of home health, hospice, and outpatient therapy services to residents of many of its communities and to seniors living outside of its communities.</span></div>
bkd Term Of Residency Agreements Minimum
TermOfResidencyAgreementsMinimum
P30D
bkd Number Of Unconsolidated Joint Ventures Interest Sold
NumberOfUnconsolidatedJointVenturesInterestSold
5 community
bkd Numberof Communities Acquired Previously Leasedor Managed
NumberofCommunitiesAcquiredPreviouslyLeasedorManaged
6 community
bkd Numberof Communities Disposed Through Salesor Terminationof Lease
NumberofCommunitiesDisposedThroughSalesorTerminationofLease
77 community
CY2018Q3 bkd Master Leases Not Renewed Number Of Communities
MasterLeasesNotRenewedNumberOfCommunities
11 community
bkd Numberof Communities Disposed Through Terminationof Lease
NumberofCommunitiesDisposedThroughTerminationofLease
16 community
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
3600000000 USD
CY2018Q3 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
2500000 USD
us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
50200000 USD
CY2019Q3 us-gaap Intangible Assets Gross Excluding Goodwill
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70576000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27800000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
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42776000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
84471000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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32999000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
51472000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
200000 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
600000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1800000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2300000 USD
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8349146000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8322802000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3163465000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3047375000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5185681000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5275427000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
600000000 USD
CY2019Q3 bkd Depreciation And Amortization Expense For Plant And Equipment And Leasehold Intangibles
DepreciationAndAmortizationExpenseForPlantAndEquipmentAndLeaseholdIntangibles
93300000 USD
CY2018Q3 bkd Depreciation And Amortization Expense For Plant And Equipment And Leasehold Intangibles
DepreciationAndAmortizationExpenseForPlantAndEquipmentAndLeaseholdIntangibles
110400000 USD
bkd Depreciation And Amortization Expense For Plant And Equipment And Leasehold Intangibles
DepreciationAndAmortizationExpenseForPlantAndEquipmentAndLeaseholdIntangibles
282600000 USD
bkd Depreciation And Amortization Expense For Plant And Equipment And Leasehold Intangibles
DepreciationAndAmortizationExpenseForPlantAndEquipmentAndLeaseholdIntangibles
339000000.0 USD
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
3572221000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
3640180000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
343615000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
294426000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3228606000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3345754000 USD
CY2019Q3 bkd Number Of Communities Added To Borrowing Base And Agreement During Period
NumberOfCommunitiesAddedToBorrowingBaseAndAgreementDuringPeriod
3 community
CY2019Q3 bkd Operatingand Financing Leases Number Of Communities
OperatingandFinancingLeasesNumberOfCommunities
335 community
CY2019Q3 bkd Operating Leases Number Of Communities
OperatingLeasesNumberOfCommunities
244 lease
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y1M6D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P8Y6M
CY2019Q3 bkd Operating Lease Facility Operating Expense
OperatingLeaseFacilityOperatingExpense
4532000 USD
CY2019Q3 bkd Financing Leases Number Of Communities
FinancingLeasesNumberOfCommunities
91 lease
bkd Operating Lease Facility Operating Expense
OperatingLeaseFacilityOperatingExpense
13761000 USD
CY2019Q3 bkd Operating Lease Facility Expense
OperatingLeaseFacilityExpense
67253000 USD
bkd Operating Lease Facility Expense
OperatingLeaseFacilityExpense
203610000 USD
CY2019Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
71785000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
217371000 USD
CY2019Q3 bkd Operating Lease Expense Adjustment
OperatingLeaseExpenseAdjustment
4814000 USD
bkd Operating Lease Expense Adjustment
OperatingLeaseExpenseAdjustment
13626000 USD
CY2019Q3 bkd Increase Decrease In Operating Lease Assets And Liabilities For Lessor Capital Expenditure Reimbursements
IncreaseDecreaseInOperatingLeaseAssetsAndLiabilitiesForLessorCapitalExpenditureReimbursements
-11043000 USD
bkd Increase Decrease In Operating Lease Assets And Liabilities For Lessor Capital Expenditure Reimbursements
IncreaseDecreaseInOperatingLeaseAssetsAndLiabilitiesForLessorCapitalExpenditureReimbursements
-12043000 USD
CY2019Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
65556000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
218954000 USD
CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22375000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
26356000 USD
CY2019Q3 bkd Finance Lease Rightof Use Asset Depreciationand Amortization
FinanceLeaseRightofUseAssetDepreciationandAmortization
11675000 USD
bkd Finance Lease Rightof Use Asset Depreciationand Amortization
FinanceLeaseRightofUseAssetDepreciationandAmortization
35030000 USD
CY2019Q3 bkd Finance Lease Rightof Use Asset Interest Expense
FinanceLeaseRightofUseAssetInterestExpense
16567000 USD
bkd Finance Lease Rightof Use Asset Interest Expense
FinanceLeaseRightofUseAssetInterestExpense
49959000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
28242000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
84989000 USD
CY2019Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
16567000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
49959000 USD
CY2019Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5549000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
16502000 USD
CY2019Q3 bkd Financing Lease Payments
FinancingLeasePayments
22116000 USD
bkd Financing Lease Payments
FinancingLeasePayments
66461000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.086
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
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0.078
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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77495000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
22052000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
312861000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
89090000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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298025000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
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90330000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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294696000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
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CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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290698000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
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CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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806856000 USD
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FinanceLeaseLiabilityOptiontoPurchaseandNonCashGainonFutureSaleofProperty
575791000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
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CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
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CY2019Q3 us-gaap Operating Lease Liability
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CY2019Q3 us-gaap Finance Lease Liability
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
307493000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
290661000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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291114000 USD
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OperatingLeasesFutureMinimumPaymentsDueInFiveYears
285723000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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us-gaap Interest Paid Net
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185722000 USD
us-gaap Interest Paid Net
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1909000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1542000 USD
bkd Notes Receivables Other Assets Net
NotesReceivablesOtherAssetsNet
6566000 USD
bkd Notes Receivables Other Assets Net
NotesReceivablesOtherAssetsNet
0 USD
bkd Notes Receivables Noncontrolling Interest
NotesReceivablesNoncontrollingInterest
-6566000 USD
bkd Notes Receivables Noncontrolling Interest
NotesReceivablesNoncontrollingInterest
0 USD
bkd Notes Receivables Net
NotesReceivablesNet
0 USD
bkd Notes Receivables Net
NotesReceivablesNet
0 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
241391000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
398267000 USD
CY2019Q3 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
33305000 USD
CY2018Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
27683000 USD
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
40663000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
24268000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
315359000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
450218000 USD
CY2019Q3 us-gaap Deferred Federal State And Local Tax Expense Benefit
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-19400000 USD
us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-39000000.0 USD
CY2019Q3 bkd Net Deferred Income Tax Expense Benefit
NetDeferredIncomeTaxExpenseBenefit
-19400000 USD
bkd Net Deferred Income Tax Expense Benefit
NetDeferredIncomeTaxExpenseBenefit
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CY2019Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
1700000 USD
CY2019Q3 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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17800000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
37700000 USD
CY2019Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
387900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
336400000 USD
CY2019Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
1700000 USD
CY2019Q3 bkd Contract With Customer Liability Deferred Revenue Monthly Resident Fees
ContractWithCustomerLiabilityDeferredRevenueMonthlyResidentFees
31600000 USD
CY2018Q4 bkd Contract With Customer Liability Deferred Revenue Monthly Resident Fees
ContractWithCustomerLiabilityDeferredRevenueMonthlyResidentFees
50600000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
83700000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
76200000 USD
us-gaap Number Of Reportable Segments
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5 segment
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1008949000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1120062000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3070450000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3462496000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
199084000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
251631000 USD
us-gaap Gross Profit
GrossProfit
665278000 USD
us-gaap Gross Profit
GrossProfit
830217000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
56409000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
58796000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
170296000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
203138000 USD
CY2019Q3 bkd Operating Lease Facility Expense
OperatingLeaseFacilityExpense
67253000 USD
CY2018Q3 bkd Operating Lease Facility Expense
OperatingLeaseFacilityExpense
70392000 USD
bkd Operating Lease Facility Expense
OperatingLeaseFacilityExpense
203610000 USD
bkd Operating Lease Facility Expense
OperatingLeaseFacilityExpense
232752000 USD
CY2019Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
93550000 USD
CY2018Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
110980000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
284462000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
341351000 USD
CY2019Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2094000 USD
CY2018Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
5500000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
6254000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
451966000 USD
CY2019Q3 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
0 USD
CY2018Q3 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-2337000 USD
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-2006000 USD
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-148804000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-20222000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3626000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-1350000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-547794000 USD
CY2019Q3 us-gaap Assets
Assets
7374203000 USD
CY2018Q4 us-gaap Assets
Assets
6467260000 USD

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