$PNTG
Pennant Group, Inc.

2022 Q1 Form 10-Q Financial Statement

#000176640022000071 Filed on May 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q1
Revenue $113.9M $111.8M $105.7M
YoY Change 7.81% 3.49% 15.04%
Cost Of Revenue $90.35M $93.19M $83.60M
YoY Change 8.08% 12.27% 19.6%
Gross Profit $23.56M $18.58M $22.00M
YoY Change 7.08% -25.38% 0.0%
Gross Profit Margin 20.68% 16.62% 20.82%
Selling, General & Admin $20.05M $19.35M $18.40M
YoY Change 8.95% 2.91% 12.88%
% of Gross Profit 85.1% 104.13% 83.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.147M $1.239M $1.175M
YoY Change -2.38% -0.88% 15.08%
% of Gross Profit 4.87% 6.67% 5.34%
Operating Expenses $21.19M $20.59M $19.60M
YoY Change 8.13% 2.42% 13.29%
Operating Profit $2.326M -$2.006M $1.613M
YoY Change 44.2% -141.79% -62.24%
Interest Expense $629.0K -$597.0K $360.0K
YoY Change 74.72% 99.0% -10.67%
% of Operating Profit 27.04% 22.32%
Other Income/Expense, Net $3.000K $0.00
YoY Change
Pretax Income $1.700M -$2.786M $1.253M
YoY Change 35.67% -175.3% -67.61%
Income Tax $542.0K -$431.0K $340.0K
% Of Pretax Income 31.88% 27.13%
Net Earnings $1.014M -$2.149M $950.0K
YoY Change 6.74% -153.73% -68.12%
Net Earnings / Revenue 0.89% -1.92% 0.9%
Basic Earnings Per Share $0.04 $0.03
Diluted Earnings Per Share $0.03 -$75.32K $0.03
COMMON SHARES
Basic Shares Outstanding 28.57M shares 28.48M shares 28.29M shares
Diluted Shares Outstanding 30.14M shares 30.91M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.627M $5.190M $5.600M
YoY Change -35.23% 16.67%
Cash & Equivalents $3.627M $5.190M $5.605M
Short-Term Investments
Other Short-Term Assets $20.97M $16.71M $15.30M
YoY Change 37.04% 35.86% 173.21%
Inventory
Prepaid Expenses
Receivables $56.92M $53.94M $50.76M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $81.51M $75.84M $71.70M
YoY Change 13.69% 27.25% 55.84%
LONG-TERM ASSETS
Property, Plant & Equipment $17.94M $16.79M $17.14M
YoY Change 4.67% -6.13% 2.2%
Goodwill $74.27M $74.27M $68.18M
YoY Change 8.93% 11.77% 59.16%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.511M $8.676M $6.800M
YoY Change 10.46% 25.74% 61.9%
Total Long-Term Assets $425.9M $454.5M $447.6M
YoY Change -4.85% 1.58% 8.39%
TOTAL ASSETS
Total Short-Term Assets $81.51M $75.84M $71.70M
Total Long-Term Assets $425.9M $454.5M $447.6M
Total Assets $507.4M $530.3M $519.3M
YoY Change -2.29% 4.6% 13.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.91M $10.55M $8.581M
YoY Change 27.14% 8.11% 3.24%
Accrued Expenses $39.98M $40.70M $35.60M
YoY Change 12.29% -0.73% 33.83%
Deferred Revenue $1.468M $1.456M $1.498M
YoY Change -2.0% 14.56% -16.22%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $68.61M $71.64M $88.44M
YoY Change -22.43% -19.52% 80.55%
LONG-TERM LIABILITIES
Long-Term Debt $56.50M $51.37M $25.00M
YoY Change 126.0% 518.94% -9.42%
Other Long-Term Liabilities $5.306M $5.293M $6.939M
YoY Change -23.53% -55.51% 140.94%
Total Long-Term Liabilities $5.306M $5.293M $6.939M
YoY Change -23.53% -55.51% 140.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $68.61M $71.64M $88.44M
Total Long-Term Liabilities $5.306M $5.293M $6.939M
Total Liabilities $389.5M $416.1M $414.6M
YoY Change -6.05% 2.53% 8.31%
SHAREHOLDERS EQUITY
Retained Earnings $15.66M $14.64M $12.90M
YoY Change 21.4% 22.57% -1674.48%
Common Stock $29.00K $28.00K $28.00K
YoY Change 3.57% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $65.00K $65.00K $65.00K
YoY Change 0.0% 0.0%
Treasury Stock Shares 3.000K shares 3.000K shares 3.000K shares
Shareholders Equity $113.7M $110.2M $100.2M
YoY Change
Total Liabilities & Shareholders Equity $507.4M $530.3M $519.3M
YoY Change -2.29% 4.6% 13.15%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q1
OPERATING ACTIVITIES
Net Income $1.014M -$2.149M $950.0K
YoY Change 6.74% -153.73% -68.12%
Depreciation, Depletion And Amortization $1.147M $1.239M $1.175M
YoY Change -2.38% -0.88% 15.08%
Cash From Operating Activities -$4.071M -$5.158M -$7.267M
YoY Change -43.98% 78.48% -447.7%
INVESTING ACTIVITIES
Capital Expenditures $2.392M -$2.159M $754.0K
YoY Change 217.24% -590.68% -74.14%
Acquisitions
YoY Change
Other Investing Activities -$190.0K $105.0K -$3.240M
YoY Change -94.14% -100.73% -16.06%
Cash From Investing Activities -$2.582M -$2.054M -$3.995M
YoY Change -35.37% -85.37% -41.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $5.090M 8.695M $16.82M
YoY Change -69.75% 0.64% 84.64%
NET CHANGE
Cash From Operating Activities -$4.071M -5.158M -$7.267M
Cash From Investing Activities -$2.582M -2.054M -$3.995M
Cash From Financing Activities $5.090M 8.695M $16.82M
Net Change In Cash -$1.563M 1.483M $5.562M
YoY Change -128.1% -117.89% 25.55%
FREE CASH FLOW
Cash From Operating Activities -$4.071M -$5.158M -$7.267M
Capital Expenditures $2.392M -$2.159M $754.0K
Free Cash Flow -$6.463M -$2.999M -$8.021M
YoY Change -19.42% -9.94% 871.07%

Facts In Submission

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1635000 USD
CY2021Q1 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
1305000 USD
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-4722000 USD
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 USD
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
245000 USD
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-261000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2392000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
754000 USD
CY2022Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2021Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
3100000 USD
CY2022Q1 pntg Payments For Proceeds From Property Reserve Requirements
PaymentsForProceedsFromPropertyReserveRequirements
190000 USD
CY2021Q1 pntg Payments For Proceeds From Property Reserve Requirements
PaymentsForProceedsFromPropertyReserveRequirements
141000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2582000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
11000000 USD
CY2021Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
39000000 USD
CY2022Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
6000000 USD
CY2021Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
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PaymentsOfFinancingCosts
0 USD
CY2021Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1394000 USD
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ProceedsFromStockOptionsExercised
90000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5090000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5562000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5190000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3627000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5605000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
499000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
269000 USD
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
55000 USD
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ProceedsFromIncomeTaxRefunds
133000 USD
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OperatingLeasePayments
9516000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
9713000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
631000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1678000 USD
CY2022Q1 pntg Non Cash Adjustment Increase Decrease To Right Of Use Assets And Lease Liabilities
NonCashAdjustmentIncreaseDecreaseToRightOfUseAssetsAndLeaseLiabilities
9349000 USD
CY2021Q1 pntg Non Cash Adjustment Increase Decrease To Right Of Use Assets And Lease Liabilities
NonCashAdjustmentIncreaseDecreaseToRightOfUseAssetsAndLeaseLiabilities
0 USD
CY2022Q1 pntg Adjustment Operating Lease Right Of Use Asset And Operating Lease Liability
AdjustmentOperatingLeaseRightOfUseAssetAndOperatingLeaseLiability
-33804000 USD
CY2021Q1 pntg Adjustment Operating Lease Right Of Use Asset And Operating Lease Liability
AdjustmentOperatingLeaseRightOfUseAssetAndOperatingLeaseLiability
0 USD
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
720000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
250000 USD
CY2022Q1 us-gaap Nature Of Operations
NatureOfOperations
DESCRIPTION OF BUSINESS<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Pennant Group, Inc. (herein referred to as “Pennant,” the “Company,” “it,” or “its”), is a holding company with no direct operating assets, employees or revenue. The Company, through its independent operating subsidiaries, provides healthcare services across the post-acute care continuum. As of March 31, 2022, the Company’s subsidiaries operated 88 home health, hospice and home care agencies and 52 senior living communities located in Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain of the Company’s subsidiaries, collectively referred to as the Service Center, provide accounting, payroll, human resources, information technology, legal, risk management, and other services to the operations through contractual relationships. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Each of the Company’s affiliated operations are operated by separate, independent subsidiaries that have their own management, employees and assets. References herein to the consolidated “Company” and “its” assets and activities is not meant to imply, nor should it be construed as meaning, that Pennant has direct operating assets, employees or revenue, or that any of the subsidiaries are operated by Pennant.</span></div>
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
The preparation of the Interim Financial Statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Interim Financial Statements and the reported amounts of revenue and expenses during the reporting periods. The most significant estimates in the Interim Financial Statements relate to revenue, intangible assets and goodwill, right-of-use assets and lease liabilities for leases greater than 12 months, self-insurance reserves, and income taxes. Actual results could differ from those estimates.
CY2022Q1 us-gaap Profit Loss
ProfitLoss
1158000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
913000 USD
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
144000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-37000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
1014000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
950000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28572000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28291000 shares
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1571000 shares
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2616000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30143000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30907000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1690000 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14000 shares
CY2022Q1 us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
Residency agreements are generally for a term of 30 days, with resident fees billed monthly in advance. For residents under reimbursement arrangements with Medicaid, revenue is recorded based on contractually agreed-upon amounts or rates on a per resident, daily basis or as services are rendered.
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
113910000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
105663000 USD
CY2022Q1 pntg The Coronavirus Aid Relief And Economic Security Act Advance Payments Received
TheCoronavirusAidReliefAndEconomicSecurityActAdvancePaymentsReceived
1489000 USD
CY2022Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
57786000 USD
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
54842000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
868000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
902000 USD
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
56918000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
53940000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
113910000 USD
CY2022Q1 pntg Income Loss From Continuing Operations Before Interest Taxes Depreciation And Amortization Rent Costs Acquisition Costs And Stock Based Compensation
IncomeLossFromContinuingOperationsBeforeInterestTaxesDepreciationAndAmortizationRentCostsAcquisitionCostsAndStockBasedCompensation
15234000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
105663000 USD
CY2021Q1 pntg Income Loss From Continuing Operations Before Interest Taxes Depreciation And Amortization Rent Costs Acquisition Costs And Stock Based Compensation
IncomeLossFromContinuingOperationsBeforeInterestTaxesDepreciationAndAmortizationRentCostsAcquisitionCostsAndStockBasedCompensation
16227000 USD
CY2022Q1 pntg Income Loss From Continuing Operations Before Interest Taxes Depreciation And Amortization Rent Costs Acquisition Costs And Stock Based Compensation
IncomeLossFromContinuingOperationsBeforeInterestTaxesDepreciationAndAmortizationRentCostsAcquisitionCostsAndStockBasedCompensation
15234000 USD
CY2021Q1 pntg Income Loss From Continuing Operations Before Interest Taxes Depreciation And Amortization Rent Costs Acquisition Costs And Stock Based Compensation
IncomeLossFromContinuingOperationsBeforeInterestTaxesDepreciationAndAmortizationRentCostsAcquisitionCostsAndStockBasedCompensation
16227000 USD
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1147000 USD
CY2021Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1175000 USD
CY2022Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
10051000 USD
CY2021Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
9965000 USD
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2022Q1 pntg Start Up Activities Costs
StartUpActivitiesCosts
131000 USD
CY2021Q1 pntg Start Up Activities Costs
StartUpActivitiesCosts
112000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2440000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2416000 USD
CY2022Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2021Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
7000 USD
CY2022Q1 pntg Acquisition Related Costs Not Capitalized
AcquisitionRelatedCostsNotCapitalized
37000 USD
CY2021Q1 pntg Acquisition Related Costs Not Capitalized
AcquisitionRelatedCostsNotCapitalized
902000 USD
CY2022Q1 pntg Operating Income Loss From Transferred Senior Living Facilities
OperatingIncomeLossFromTransferredSeniorLivingFacilities
-757000 USD
CY2021Q1 pntg Operating Income Loss From Transferred Senior Living Facilities
OperatingIncomeLossFromTransferredSeniorLivingFacilities
0 USD
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
144000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-37000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2326000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1613000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
37542000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
35274000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
19601000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18486000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17941000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16788000 USD
CY2022Q1 us-gaap Depreciation
Depreciation
1114000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
1171000 USD
CY2022Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
CY2021Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
CY2021Q4 us-gaap Goodwill
Goodwill
74265000 USD
CY2022Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2022Q1 us-gaap Goodwill
Goodwill
74265000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1456000 USD
CY2022Q1 pntg Contract Liability Advance Payments Cares Act
ContractLiabilityAdvancePaymentsCARESAct
1489000 USD
CY2022Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
53730000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
53730000 USD
CY2021Q1 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2022Q1 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2022Q1 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
3515000 USD
CY2021Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
3095000 USD
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1468000 USD
CY2021Q4 pntg Contract Liability Advance Payments Cares Act
ContractLiabilityAdvancePaymentsCARESAct
6211000 USD
CY2022Q1 us-gaap Deposit Liability Current
DepositLiabilityCurrent
5099000 USD
CY2021Q4 us-gaap Deposit Liability Current
DepositLiabilityCurrent
5111000 USD
CY2022Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
912000 USD
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
1102000 USD
CY2022Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
1520000 USD
CY2021Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
1613000 USD
CY2022Q1 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
4627000 USD
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
2896000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
18630000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
21484000 USD
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1999000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2128000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
56501000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
51372000 USD
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
129000 USD
CY2021Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
87000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2440000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2416000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.271
CY2022Q1 pntg Adjustment Operating Lease Right Of Use Asset And Operating Lease Liability
AdjustmentOperatingLeaseRightOfUseAssetAndOperatingLeaseLiability
-33804000 USD
CY2022Q1 pntg Non Cash Adjustment Increase Decrease To Right Of Use Assets And Lease Liabilities
NonCashAdjustmentIncreaseDecreaseToRightOfUseAssetsAndLeaseLiabilities
9349000 USD
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
1575000 USD
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
1499000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
26621000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
34648000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
33571000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
32389000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
31674000 USD
CY2022Q1 pntg Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
274321000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
433224000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
157753000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
275471000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
16379000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
259092000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y3M18D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.073
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
542000 USD
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.319
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
340000 USD
CY2022Q1 pntg Number Of Operating Subsidiaries With Reviews Scheduled
NumberOfOperatingSubsidiariesWithReviewsScheduled
8 review
CY2022Q1 pntg Uniform Program Integrity Contractor Suspended Payments
UniformProgramIntegrityContractorSuspendedPayments
4263000 USD
CY2022Q1 pntg General And Professional Liability Insurance Retention Limit Per Claim
GeneralAndProfessionalLiabilityInsuranceRetentionLimitPerClaim
150000 USD
CY2022Q1 pntg Corridor As An Additional Out Of Pocket Retention
CorridorAsAnAdditionalOutOfPocketRetention
500000 USD
CY2022Q1 pntg Workers Compensation Insurance Retention Limit Per Claim
WorkersCompensationInsuranceRetentionLimitPerClaim
250000 USD

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