2012 Q2 Form 10-Q Financial Statement

#000112537612000022 Filed on May 02, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2012 Q1 2011 Q1
Revenue $203.9M $202.0M $182.9M
YoY Change 9.44% 10.44% 18.64%
Cost Of Revenue $165.4M $163.9M $146.8M
YoY Change 10.93% 11.65% 15.77%
Gross Profit $38.50M $38.10M $36.20M
YoY Change 3.22% 5.25% 32.12%
Gross Profit Margin 18.88% 18.86% 19.79%
Selling, General & Admin $8.100M $7.700M $7.400M
YoY Change 6.58% 4.05% 27.59%
% of Gross Profit 21.04% 20.21% 20.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.010M $6.914M $5.059M
YoY Change 26.4% 36.67% 26.48%
% of Gross Profit 18.21% 18.15% 13.98%
Operating Expenses $15.20M $14.70M $12.40M
YoY Change 16.03% 18.55% 27.84%
Operating Profit $23.33M $23.48M $23.71M
YoY Change -3.26% -0.97% 33.97%
Interest Expense $3.114M $2.925M $2.727M
YoY Change 13.69% 7.26% -223.95%
% of Operating Profit 13.35% 12.46% 11.5%
Other Income/Expense, Net -$3.062M -$2.874M -$2.672M
YoY Change 14.94% 7.56%
Pretax Income $20.27M $20.61M $21.04M
YoY Change -5.52% -2.05% 35.74%
Income Tax $7.872M $7.714M $8.294M
% Of Pretax Income 38.84% 37.43% 39.42%
Net Earnings $12.46M $12.90M $12.75M
YoY Change -4.01% 1.24% 37.05%
Net Earnings / Revenue 6.11% 6.39% 6.97%
Basic Earnings Per Share $0.58 $0.61 $0.61
Diluted Earnings Per Share $0.57 $0.59 $0.59
COMMON SHARES
Basic Shares Outstanding 21.34B shares 21.25M shares 20.85M shares
Diluted Shares Outstanding 21.80M shares 21.52M shares

Balance Sheet

Concept 2012 Q2 2012 Q1 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $37.50M $32.60M $51.00M
YoY Change -1.57% -36.08% 22.89%
Cash & Equivalents $32.79M $32.62M $50.97M
Short-Term Investments $4.700M
Other Short-Term Assets $20.10M $16.30M $16.40M
YoY Change 8.06% -0.61% 21.48%
Inventory
Prepaid Expenses
Receivables $96.45M $94.05M $76.50M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $154.1M $143.0M $143.8M
YoY Change 14.63% -0.58% 15.69%
LONG-TERM ASSETS
Property, Plant & Equipment $420.0M $410.8M $311.4M
YoY Change 30.55% 31.91% 29.21%
Goodwill $22.18M $19.90M $10.34M
YoY Change 88.75% 92.48%
Intangibles
YoY Change
Long-Term Investments $1.400M $18.60M $15.80M
YoY Change -91.41% 17.72% 12.86%
Other Assets $11.95M $17.90M $14.60M
YoY Change -35.74% 22.6% 22.69%
Total Long-Term Assets $492.8M $482.2M $357.2M
YoY Change 31.83% 35.01% 28.21%
TOTAL ASSETS
Total Short-Term Assets $154.1M $143.0M $143.8M
Total Long-Term Assets $492.8M $482.2M $357.2M
Total Assets $646.9M $625.2M $501.0M
YoY Change 27.28% 24.79% 24.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.08M $16.60M $20.00M
YoY Change 8.34% -16.99% 32.45%
Accrued Expenses $63.90M $58.80M $57.10M
YoY Change 14.31% 2.98% 21.49%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.080M $7.028M $3.200M
YoY Change 133.97% 119.63% 52.38%
Total Short-Term Liabilities $96.88M $87.05M $88.70M
YoY Change 17.85% -1.86% 23.54%
LONG-TERM LIABILITIES
Long-Term Debt $194.1M $195.8M $138.7M
YoY Change 41.53% 41.19% 29.75%
Other Long-Term Liabilities $3.633M $38.30M $31.70M
YoY Change -89.35% 20.82% 17.41%
Total Long-Term Liabilities $197.7M $195.8M $170.4M
YoY Change 44.18% 14.92% 27.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $96.88M $87.05M $88.70M
Total Long-Term Liabilities $197.7M $195.8M $170.4M
Total Liabilities $330.5M $321.2M $259.1M
YoY Change 50.68% 23.96% 25.96%
SHAREHOLDERS EQUITY
Retained Earnings $226.8M $215.7M
YoY Change 22.9%
Common Stock $82.51M $80.57M
YoY Change 11.5%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.585M $2.439M
YoY Change -30.04%
Treasury Stock Shares 378.0K shares 376.0K shares
Shareholders Equity $305.1M $292.5M $241.9M
YoY Change
Total Liabilities & Shareholders Equity $646.9M $625.2M $501.0M
YoY Change 27.28% 24.79% 24.35%

Cashflow Statement

Concept 2012 Q2 2012 Q1 2011 Q1
OPERATING ACTIVITIES
Net Income $12.46M $12.90M $12.75M
YoY Change -4.01% 1.24% 37.05%
Depreciation, Depletion And Amortization $7.010M $6.914M $5.059M
YoY Change 26.4% 36.67% 26.48%
Cash From Operating Activities $19.80M $5.318M $18.69M
YoY Change 127.59% -71.54% 81.45%
INVESTING ACTIVITIES
Capital Expenditures -$9.400M $7.025M $9.001M
YoY Change -3.09% -21.95% -240.64%
Acquisitions $7.043M $37.07M
YoY Change -81.0%
Other Investing Activities -$8.100M -$11.30M -$22.90M
YoY Change -12.9% -50.66% 4480.0%
Cash From Investing Activities -$17.50M -$18.32M -$39.22M
YoY Change -7.89% -53.29% 468.39%
FINANCING ACTIVITIES
Cash Dividend Paid $1.283M $1.150M
YoY Change 11.57%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $6.571M $715.0K
YoY Change 819.02%
Cash From Financing Activities -2.000M $16.04M -$585.0K
YoY Change -23.08% -2841.37% -35.0%
NET CHANGE
Cash From Operating Activities 19.80M $5.318M $18.69M
Cash From Investing Activities -17.50M -$18.32M -$39.22M
Cash From Financing Activities -2.000M $16.04M -$585.0K
Net Change In Cash 300.0K $3.034M -$21.12M
YoY Change -102.33% -114.37% -944.6%
FREE CASH FLOW
Cash From Operating Activities $19.80M $5.318M $18.69M
Capital Expenditures -$9.400M $7.025M $9.001M
Free Cash Flow $29.20M -$1.707M $9.688M
YoY Change 58.7% -117.62% -41.99%

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PropertyPlantAndEquipmentNet
403862000 USD
CY2012Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1812000 USD
CY2011Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2227000 USD
CY2012Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6571000 USD
CY2011Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
715000 USD
CY2011Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
10418000 USD
CY2012Q1 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
11975000 USD
CY2012Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
215685000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
204073000 USD
CY2012Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
202160000 USD
CY2011Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
182943000 USD
CY2011Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
12369000 USD
CY2012Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
12946000 USD
CY2012Q1 us-gaap Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
32942000 USD
CY2011Q4 us-gaap Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
31904000 USD
CY2012Q1 us-gaap Share Based Compensation
ShareBasedCompensation
831000 USD
CY2011Q1 us-gaap Share Based Compensation
ShareBasedCompensation
831000 USD
CY2012Q1 us-gaap Stockholders Equity
StockholdersEquity
292507000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
277485000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
277485000 USD
CY2012Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
292449000 USD
CY2011Q4 us-gaap Temporary Equity Carrying Amount
TemporaryEquityCarryingAmount
0 USD
CY2012Q1 us-gaap Temporary Equity Carrying Amount
TemporaryEquityCarryingAmount
11581000 USD
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2559000 USD
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
396000 shares
CY2012Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
376000 shares
CY2012Q1 us-gaap Treasury Stock Value
TreasuryStockValue
2439000 USD
CY2011Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21516000 shares
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21796000 shares
CY2011Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20854000 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21251000 shares
CY2011Q1 ensg Cost Of Services Exclusive Of Facility Rent And Depreciation And Amortization Shown Separately Below
CostOfServicesExclusiveOfFacilityRentAndDepreciationAndAmortizationShownSeparatelyBelow
143155000 USD
CY2012Q1 ensg Cost Of Services Exclusive Of Facility Rent And Depreciation And Amortization Shown Separately Below
CostOfServicesExclusiveOfFacilityRentAndDepreciationAndAmortizationShownSeparatelyBelow
160829000 USD
CY2012Q1 ensg Deferred Rent And Other Long Term Liabilities
DeferredRentAndOtherLongTermLiabilities
3206000 USD
CY2011Q4 ensg Deferred Rent And Other Long Term Liabilities
DeferredRentAndOtherLongTermLiabilities
2864000 USD
CY2011Q1 ensg Escrow Deposits Used To Fund Business Acquisitions
EscrowDepositsUsedToFundBusinessAcquisitions
14422000 USD
CY2012Q1 ensg Escrow Deposits Used To Fund Business Acquisitions
EscrowDepositsUsedToFundBusinessAcquisitions
175000 USD
CY2011Q1 ensg Income Tax Effect On Unrealized Loss On Interest Rate Swap
IncomeTaxEffectOnUnrealizedLossOnInterestRateSwap
0 USD
CY2012Q1 ensg Income Tax Effect On Unrealized Loss On Interest Rate Swap
IncomeTaxEffectOnUnrealizedLossOnInterestRateSwap
2000 USD
CY2012Q1 ensg Increase Decrease In Insurance Subsidiary Deposits And Investments
IncreaseDecreaseInInsuranceSubsidiaryDepositsAndInvestments
-416000 USD
CY2011Q1 ensg Increase Decrease In Insurance Subsidiary Deposits And Investments
IncreaseDecreaseInInsuranceSubsidiaryDepositsAndInvestments
607000 USD
CY2011Q4 ensg Insurance Subsidiary Deposits And Investments
InsuranceSubsidiaryDepositsAndInvestments
16752000 USD
CY2012Q1 ensg Insurance Subsidiary Deposits And Investments
InsuranceSubsidiaryDepositsAndInvestments
17168000 USD
CY2011Q1 ensg Payments To Acquire Leased Assets
PaymentsToAcquireLeasedAssets
7339000 USD
CY2012Q1 ensg Payments To Acquire Leased Assets
PaymentsToAcquireLeasedAssets
0 USD
CY2012Q1 dei Amendment Flag
AmendmentFlag
false
CY2012Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2012Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012Q1 dei Document Period End Date
DocumentPeriodEndDate
2012-03-31
CY2012Q1 dei Document Type
DocumentType
10-Q
CY2012Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001125376
CY2012Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
21342085000 shares
CY2012Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2012Q1 dei Entity Registrant Name
EntityRegistrantName
ENSIGN GROUP, INC

Files In Submission

Name View Source Status
0001125376-12-000022-index-headers.html Edgar Link pending
0001125376-12-000022-index.html Edgar Link pending
0001125376-12-000022.txt Edgar Link pending
0001125376-12-000022-xbrl.zip Edgar Link pending
ensg-20120331.xml Edgar Link completed
ensg-20120331.xsd Edgar Link pending
ensg-20120331_cal.xml Edgar Link unprocessable
ensg-20120331_def.xml Edgar Link unprocessable
ensg-20120331_lab.xml Edgar Link unprocessable
ensg-20120331_pre.xml Edgar Link unprocessable
ensg3311210q.htm Edgar Link pending
ensg33112ex311.htm Edgar Link pending
ensg33112ex312.htm Edgar Link pending
ensg33112ex321.htm Edgar Link pending
ensg33112ex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
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R2.htm Edgar Link pending
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R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending