$MODV
ModivCare Inc

2012 Q4 Form 10-Q Financial Statement

#000119312512463214 Filed on November 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q3
Revenue $286.5M $280.3M $235.6M
YoY Change 17.27% 18.99% 8.45%
Cost Of Revenue $259.7M $256.7M $213.5M
YoY Change 17.14% 20.23% 10.85%
Gross Profit $26.80M $23.60M $22.00M
YoY Change 18.58% 7.27% -10.2%
Gross Profit Margin 9.35% 8.42% 9.34%
Selling, General & Admin $14.80M $12.10M $12.70M
YoY Change 25.42% -4.72% 4.1%
% of Gross Profit 55.22% 51.27% 57.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.700M $4.100M $3.400M
YoY Change 2.78% 20.59% 6.25%
% of Gross Profit 13.81% 17.37% 15.45%
Operating Expenses $18.60M $275.3M $229.6M
YoY Change 20.0% 19.9% 1391.0%
Operating Profit $8.200M $4.982M $5.939M
YoY Change 15.49% -16.11% -34.74%
Interest Expense -$1.800M $1.990M $2.204M
YoY Change -5.26% -9.72% -156.51%
% of Operating Profit -21.95% 39.94% 37.11%
Other Income/Expense, Net
YoY Change
Pretax Income $6.400M $3.017M $3.788M
YoY Change -18.99% -20.35% -28.53%
Income Tax $3.600M $1.859M $1.837M
% Of Pretax Income 56.25% 61.63% 48.5%
Net Earnings $2.900M $1.158M $1.951M
YoY Change -49.12% -40.66% -32.73%
Net Earnings / Revenue 1.01% 0.41% 0.83%
Basic Earnings Per Share $0.09 $0.15
Diluted Earnings Per Share $218.0K $0.09 $0.15
COMMON SHARES
Basic Shares Outstanding 12.80M shares 13.26M shares 13.26M shares
Diluted Shares Outstanding 13.34M shares 13.31M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.90M $63.80M $48.50M
YoY Change 29.4% 31.55% -24.92%
Cash & Equivalents $55.86M $63.76M $48.51M
Short-Term Investments
Other Short-Term Assets $3.523M $5.126M $23.40M
YoY Change -7.0% -78.09% -6.77%
Inventory
Prepaid Expenses
Receivables $98.63M $93.24M $80.60M
Other Receivables $230.6K $273.7K $6.900M
Total Short-Term Assets $176.2M $184.0M $159.4M
YoY Change 11.45% 15.41% -11.84%
LONG-TERM ASSETS
Property, Plant & Equipment $30.38M $30.58M $24.30M
YoY Change 6.36% 25.85% 51.88%
Goodwill $113.9M $113.9M
YoY Change 0.16%
Intangibles $49.65M $51.47M
YoY Change -16.52%
Long-Term Investments
YoY Change
Other Assets $10.64M $11.01M $20.10M
YoY Change 28.13% -45.23% 4.69%
Total Long-Term Assets $215.5M $218.0M $218.7M
YoY Change -2.45% -0.34% 0.69%
TOTAL ASSETS
Total Short-Term Assets $176.2M $184.0M $159.4M
Total Long-Term Assets $215.5M $218.0M $218.7M
Total Assets $391.7M $401.9M $378.1M
YoY Change 3.35% 6.3% -5.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.569M $3.780M $4.000M
YoY Change 2.42% -5.5% 53.85%
Accrued Expenses $32.98M $34.40M $83.20M
YoY Change 7.57% -58.65% -5.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $14.00M $12.50M $10.00M
YoY Change 40.0% 25.0% -41.86%
Total Short-Term Liabilities $132.6M $134.2M $111.9M
YoY Change 24.08% 19.9% -12.1%
LONG-TERM LIABILITIES
Long-Term Debt $116.0M $128.0M $143.0M
YoY Change -17.44% -10.49% -15.23%
Other Long-Term Liabilities $13.53M $13.72M $10.10M
YoY Change 38.88% 35.88% 24.69%
Total Long-Term Liabilities $13.53M $13.72M $153.1M
YoY Change 38.88% -91.04% -13.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $132.6M $134.2M $111.9M
Total Long-Term Liabilities $13.53M $13.72M $153.1M
Total Liabilities $273.1M $287.0M $282.8M
YoY Change 1.12% 1.48% -12.12%
SHAREHOLDERS EQUITY
Retained Earnings -$53.08M -$55.94M
YoY Change -13.78%
Common Stock $180.8M $179.8M
YoY Change 2.61%
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.09M $15.09M
YoY Change 31.99%
Treasury Stock Shares 928.5K shares 928.5K shares
Shareholders Equity $111.7M $108.0M $95.30M
YoY Change
Total Liabilities & Shareholders Equity $391.7M $401.9M $378.1M
YoY Change 3.35% 6.3% -5.0%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $2.900M $1.158M $1.951M
YoY Change -49.12% -40.66% -32.73%
Depreciation, Depletion And Amortization $3.700M $4.100M $3.400M
YoY Change 2.78% 20.59% 6.25%
Cash From Operating Activities $2.600M $22.80M $10.00M
YoY Change -388.89% 128.0% -42.86%
INVESTING ACTIVITIES
Capital Expenditures -$1.900M -$1.300M -$2.200M
YoY Change -26.92% -40.91% -47.62%
Acquisitions
YoY Change
Other Investing Activities $1.400M $200.0K $1.200M
YoY Change 133.33% -83.33% 71.43%
Cash From Investing Activities -$600.0K -$900.0K -$1.000M
YoY Change -70.0% -10.0% -70.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.800M -8.500M -14.60M
YoY Change 292.0% -41.78% 305.56%
NET CHANGE
Cash From Operating Activities 2.600M 22.80M 10.00M
Cash From Investing Activities -600.0K -900.0K -1.000M
Cash From Financing Activities -9.800M -8.500M -14.60M
Net Change In Cash -7.800M 13.40M -5.600M
YoY Change 44.44% -339.29% -153.33%
FREE CASH FLOW
Cash From Operating Activities $2.600M $22.80M $10.00M
Capital Expenditures -$1.900M -$1.300M -$2.200M
Free Cash Flow $4.500M $24.10M $12.20M
YoY Change 164.71% 97.54% -43.78%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
12797423 shares
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48505593
CY2011Q3 us-gaap Business Acquisition Purchase Price Allocation Deferred Income Taxes Asset Liability Net
BusinessAcquisitionPurchasePriceAllocationDeferredIncomeTaxesAssetLiabilityNet
1400000
CY2012Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
928478 shares
CY2012Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2012Q3 us-gaap Other Assets Current
OtherAssetsCurrent
5126483
CY2012Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
114941424
CY2012Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
18516673
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-787969
CY2012Q3 us-gaap Liabilities Current
LiabilitiesCurrent
134172344
CY2012Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
18516673
CY2012Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
128000000
CY2012Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
5832578
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-55944094
CY2012Q3 us-gaap Assets
Assets
401920511
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
63757209
CY2012Q3 us-gaap Prepaid Taxes
PrepaidTaxes
2109331
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.41
CY2012Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
93242787
CY2012Q3 us-gaap Minority Interest
MinorityInterest
6960537
CY2012Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3700000
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1767541 shares
CY2012Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11009481
CY2012Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3300366
CY2012Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
11082415
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
401920511
CY2012Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13725901 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
301237 shares
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
13726
CY2012Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
42148465
CY2012Q3 us-gaap Goodwill
Goodwill
113946788
CY2012Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
3277162
CY2012Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
273672
CY2012Q3 us-gaap Liabilities
Liabilities
286979087
CY2012Q3 us-gaap Long Term Debt
LongTermDebt
140500000
CY2012Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
10953143
CY2012Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
51468065
CY2012Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
345030
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
15.23
CY2012Q3 us-gaap Treasury Stock Value
TreasuryStockValue
15093466
CY2012Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
34401581
CY2012Q3 us-gaap Reinsurance Payable
ReinsurancePayable
13100791
CY2012Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
30582056
CY2012Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
41 States
CY2012Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
12500000
CY2012Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13725901 shares
CY2012Q3 us-gaap Prepaid Insurance
PrepaidInsurance
6152867
CY2012Q3 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
1100000
CY2012Q3 us-gaap Assets Current
AssetsCurrent
183960978
CY2012Q3 us-gaap Other Receivables
OtherReceivables
2110340
CY2012Q3 us-gaap Acquired Finite Lived Intangible Asset Amount
AcquiredFiniteLivedIntangibleAssetAmount
93616530
CY2012Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2012Q3 us-gaap Interest Receivable
InterestReceivable
670713
CY2012Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
179792690
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
107980887
CY2012Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13724328
CY2012Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
3779961
CY2012Q3 prsc Prepaid Maintenance Agreements And Copier Leases
PrepaidMaintenanceAgreementsAndCopierLeases
954674
CY2012Q3 prsc Prepaid Payroll
PrepaidPayroll
2295789
CY2012Q3 prsc Prepaid Bus Tokens And Passes
PrepaidBusTokensAndPasses
1206816
CY2012Q3 prsc Accrued Transportation Costs Current
AccruedTransportationCostsCurrent
64557433
CY2012Q3 prsc Management Fee Receivable
ManagementFeeReceivable
2688573
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
61260661
CY2011Q4 us-gaap Long Term Debt
LongTermDebt
150493000
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
623576 shares
CY2011Q4 us-gaap Liabilities
Liabilities
270030287
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2011Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4680375
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
109022540
CY2011Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
15988987
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1127559
CY2011Q4 us-gaap Liabilities Current
LiabilitiesCurrent
106886803
CY2011Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
15988987
CY2011Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
140493000
CY2011Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2193997
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-61561392
CY2011Q4 us-gaap Assets
Assets
379052827
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
43183878
CY2011Q4 us-gaap Prepaid Taxes
PrepaidTaxes
2188665
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.30
CY2011Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
87163323
CY2011Q4 us-gaap Minority Interest
MinorityInterest
6960537
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5800000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1910143 shares
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8303190
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
4654177
CY2011Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
12910325
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
379052827
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13621951 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
141841 shares
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
13622
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
36909133
CY2011Q4 us-gaap Goodwill
Goodwill
113736998
CY2011Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2797596
CY2011Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
233830
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
10882318
CY2011Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
59473774
CY2011Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
1964814
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
15.28
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
11435033
CY2011Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
30654217
CY2011Q4 us-gaap Reinsurance Payable
ReinsurancePayable
11920771
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28563149
CY2011Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
10000000
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2011Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13621951 shares
CY2011Q4 us-gaap Prepaid Insurance
PrepaidInsurance
3805410
CY2011Q4 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
878000
CY2011Q4 us-gaap Assets Current
AssetsCurrent
158093398
CY2011Q4 us-gaap Other Receivables
OtherReceivables
1600861
CY2011Q4 us-gaap Acquired Finite Lived Intangible Asset Amount
AcquiredFiniteLivedIntangibleAssetAmount
96382907
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2011Q4 us-gaap Interest Receivable
InterestReceivable
1123040
CY2011Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
176172365
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
102062003
CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9740159
CY2011Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4461250
CY2011Q4 prsc Prepaid Maintenance Agreements And Copier Leases
PrepaidMaintenanceAgreementsAndCopierLeases
674362
CY2011Q4 prsc Prepaid Payroll
PrepaidPayroll
2569954
CY2011Q4 prsc Prepaid Bus Tokens And Passes
PrepaidBusTokensAndPasses
947181
CY2011Q4 prsc Accrued Transportation Costs Current
AccruedTransportationCostsCurrent
47656568
CY2011Q4 prsc Management Fee Receivable
ManagementFeeReceivable
3537358
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
193352
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
33110
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
144310771
us-gaap Management Fees Revenue
ManagementFeesRevenue
9908632
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5278964
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12604194
us-gaap Investment Income Interest
InvestmentIncomeInterest
161011
us-gaap Income Taxes Paid
IncomeTaxesPaid
9611528
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13238043 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.356 pure
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-2758352
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2423005
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-377141
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
21727862
us-gaap Adjustment For Amortization
AdjustmentForAmortization
5778936
prsc Cost Of Non Emergency Transportation Services
CostOfNonEmergencyTransportationServices
395886730
prsc Non Emergency Transportation Services
NonEmergencyTransportationServices
426982486
us-gaap Interest Paid
InterestPaid
5979588
us-gaap Share Based Compensation
ShareBasedCompensation
2732881
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2377654
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
78416 shares
us-gaap Depreciation And Amortization
DepreciationAndAmortization
9979490
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-12755068
us-gaap Operating Income Loss
OperatingIncomeLoss
29585580
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
11378
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-428884
us-gaap Net Income Loss
NetIncomeLoss
13986102
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
183074
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
51066
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
37027180
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13316459 shares
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-31988764
us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
2710982
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
13316459 shares
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2651499
us-gaap Other Noncash Expense
OtherNoncashExpense
704961
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3194338
us-gaap Operating Expenses
OperatingExpenses
669082960
us-gaap Revenues
Revenues
698668540
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7741760
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-84161
us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
608944
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-96495
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-1435942
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8675354
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
2840
us-gaap Depreciation
Depreciation
4200554
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-1940943
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
13608961
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
85818
us-gaap Interest Expense
InterestExpense
8266229
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
13986102
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2463482
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31922051
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
2840
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1400769
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
115000000
prsc Client Service Expense
ClientServiceExpense
226189560
prsc Increase Decrease Management Fee Receivable
IncreaseDecreaseManagementFeeReceivable
-2000798
prsc Increase Decrease In Accrued Transportation Costs
IncreaseDecreaseInAccruedTransportationCosts
5330645
prsc Home And Community Based Services
HomeAndCommunityBasedServices
236259508
prsc Foster Care Services
FosterCareServices
25517914
prsc Percentage Of Revenue Of Contracts With Government And Other Entities That Contract With Government Agencies
PercentageOfRevenueOfContractsWithGovernmentAndOtherEntitiesThatContractWithGovernmentAgencies
0.81 pure
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0001220754
dei Trading Symbol
TradingSymbol
PRSC
dei Entity Registrant Name
EntityRegistrantName
PROVIDENCE SERVICE CORP
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
us-gaap Asset Impairment Charges
AssetImpairmentCharges
2506545
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
30869 shares
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3356107
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
257956
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
9993000
us-gaap Management Fees Revenue
ManagementFeesRevenue
9405990
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
190000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6033147
us-gaap Investment Income Interest
InvestmentIncomeInterest
108977
us-gaap Income Taxes Paid
IncomeTaxesPaid
6166957
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.36
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
15.25
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13277191 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
111733 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.452 pure
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
3639242
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
15.40
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10304480
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
339590
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
10247802
us-gaap Adjustment For Amortization
AdjustmentForAmortization
5675458
us-gaap Interest Paid
InterestPaid
4133160
us-gaap Share Based Compensation
ShareBasedCompensation
3586259
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1418343
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
111164 shares
us-gaap Depreciation And Amortization
DepreciationAndAmortization
11253567
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
20573331
us-gaap Operating Income Loss
OperatingIncomeLoss
15944680
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
20068
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-419894
us-gaap Net Income Loss
NetIncomeLoss
5617298
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-13864
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3658433
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
38599170
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13388355 shares
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-13406694
us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
15.50
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
13388355 shares
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
53378
us-gaap Other Noncash Expense
OtherNoncashExpense
-32743
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
73081 shares
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3555857
us-gaap Operating Expenses
OperatingExpenses
803424949
us-gaap Revenues
Revenues
819369629
us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P13Y8M12D
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4630504
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
75798
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
450 shares
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-1269123
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5956888
us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
1773224
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
232927 shares
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3040191
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7564598
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
60229
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
20.53
us-gaap Depreciation
Depreciation
5578109
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
509211
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
-452328
us-gaap Interest Expense
InterestExpense
5805855
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2%"> <font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Critical Accounting Estimates</i></b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company has made a number of estimates relating to the reporting of assets and liabilities, revenues and expenses and the disclosure of contingent assets and liabilities to prepare these consolidated financial statements in conformity with GAAP. The Company based its estimates on historical experience and on various other assumptions the Company believes to be reasonable under the circumstances. However, actual results may differ from these estimates under different assumptions or conditions. Some of the more significant estimates impact revenue recognition, accounts receivable and allowance for doubtful accounts, accounting for business combinations, goodwill and other intangible assets, accrued transportation costs, accounting for management agreement relationships, loss reserves for reinsurance and self-funded insurance programs, stock-based compensation and income taxes. The Company has reviewed its critical accounting estimates with the Company&#x2019;s board of directors, audit committee and disclosure committee.</font></p> </div>
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5617298
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39937374
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
60229
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
865498
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
prsc Repurchase Amount Of Convertible Senior Notes
RepurchaseAmountOfConvertibleSeniorNotes
2500000
prsc Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Installments
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingInstallments
3 Installment
prsc Number Of Deferred Compensation Plans
NumberOfDeferredCompensationPlans
2 CompensationPlan
CY2011Q3 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0
prsc Client Service Expense
ClientServiceExpense
230199532
prsc Cost Of Non Emergency Transportation Services
CostOfNonEmergencyTransportationServices
520866135
prsc Non Emergency Transportation Services
NonEmergencyTransportationServices
549843703
prsc Increase Decrease Management Fee Receivable
IncreaseDecreaseManagementFeeReceivable
-848785
prsc Increase Decrease In Accrued Transportation Costs
IncreaseDecreaseInAccruedTransportationCosts
16900865
prsc Home And Community Based Services
HomeAndCommunityBasedServices
235007418
prsc Foster Care Services
FosterCareServices
25112518
prsc Percentage Of Revenue Of Contracts With Government And Other Entities That Contract With Government Agencies
PercentageOfRevenueOfContractsWithGovernmentAndOtherEntitiesThatContractWithGovernmentAgencies
0.81 pure
CY2012Q4 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
8000000
CY2011Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2011Q3 us-gaap Management Fees Revenue
ManagementFeesRevenue
3228629
CY2011Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
52985
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13255367 shares
CY2011Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.485 pure
CY2011Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-683531
CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3787894
CY2011Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
51810 shares
CY2011Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3401914
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5938838
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
1950954
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2011Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12690227
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13307177 shares
CY2011Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
13307177 shares
CY2011Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2011Q3 us-gaap Operating Expenses
OperatingExpenses
229613305
CY2011Q3 us-gaap Revenues
Revenues
235552143
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1836940
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1267423
CY2011Q3 us-gaap Interest Expense
InterestExpense
2203929
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1950954
CY2011Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2011Q3 prsc Client Service Expense
ClientServiceExpense
75970221
CY2011Q3 prsc Cost Of Non Emergency Transportation Services
CostOfNonEmergencyTransportationServices
137550943
CY2011Q3 prsc Non Emergency Transportation Services
NonEmergencyTransportationServices
146046427
CY2011Q3 prsc Home And Community Based Services
HomeAndCommunityBasedServices
77679065
CY2011Q3 prsc Foster Care Services
FosterCareServices
8598022
CY2012Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2506545
CY2012Q3 us-gaap Management Fees Revenue
ManagementFeesRevenue
3296939
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
24938
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13263826 shares
CY2012Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.616 pure
CY2012Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
395634
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3016912
CY2012Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
78788 shares
CY2012Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4017901
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
4981773
CY2012Q3 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
2500000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
1157669
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12069107
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13342614 shares
CY2012Q3 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
13342614 shares
CY2012Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
275303584
CY2012Q3 us-gaap Revenues
Revenues
280285357
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1859243
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1553303
CY2012Q3 us-gaap Interest Expense
InterestExpense
1989799
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1157669
CY2012Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2012Q3 prsc Client Service Expense
ClientServiceExpense
73461589
CY2012Q3 prsc Cost Of Non Emergency Transportation Services
CostOfNonEmergencyTransportationServices
183248442
CY2012Q3 prsc Non Emergency Transportation Services
NonEmergencyTransportationServices
196335247
CY2012Q3 prsc Home And Community Based Services
HomeAndCommunityBasedServices
72258697
CY2012Q3 prsc Foster Care Services
FosterCareServices
8394474

Files In Submission

Name View Source Status
0001193125-12-463214-index-headers.html Edgar Link pending
0001193125-12-463214-index.html Edgar Link pending
0001193125-12-463214.txt Edgar Link pending
0001193125-12-463214-xbrl.zip Edgar Link pending
d407691d10q.htm Edgar Link pending
d407691dex311.htm Edgar Link pending
d407691dex312.htm Edgar Link pending
d407691dex321.htm Edgar Link pending
d407691dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
prsc-20120930.xml Edgar Link completed
prsc-20120930.xsd Edgar Link pending
prsc-20120930_cal.xml Edgar Link unprocessable
prsc-20120930_def.xml Edgar Link unprocessable
prsc-20120930_lab.xml Edgar Link unprocessable
prsc-20120930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
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