2016 Q4 Form 10-Q Financial Statement
#000163883316000055 Filed on November 10, 2016
Income Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
Revenue | $306.0M | $282.7M | $239.6M |
YoY Change | 16.21% | 17.98% | 214.01% |
Cost Of Revenue | $214.2M | $201.4M | $168.8M |
YoY Change | 16.96% | 19.29% | 272.04% |
Gross Profit | $91.75M | $81.29M | $70.78M |
YoY Change | 14.48% | 14.85% | 128.86% |
Gross Profit Margin | 29.98% | 28.76% | 29.54% |
Selling, General & Admin | $39.80M | $36.70M | $28.30M |
YoY Change | -1.0% | 29.68% | 139.83% |
% of Gross Profit | 43.38% | 45.15% | 39.98% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $10.60M | $9.713M | $8.611M |
YoY Change | 17.78% | 12.8% | 203.85% |
% of Gross Profit | 11.55% | 11.95% | 12.17% |
Operating Expenses | $50.40M | $239.8M | $195.3M |
YoY Change | 2.65% | 22.79% | 244.8% |
Operating Profit | $41.35M | $42.85M | $44.27M |
YoY Change | 33.19% | -3.22% | 125.27% |
Interest Expense | -$23.90M | -$26.48M | -$26.57M |
YoY Change | 10.65% | -0.37% | 135.93% |
% of Operating Profit | -57.79% | -61.79% | -60.02% |
Other Income/Expense, Net | $700.0K | -$4.100M | $300.0K |
YoY Change | -100.59% | -1466.67% | |
Pretax Income | $42.70M | $12.64M | $17.70M |
YoY Change | -135.2% | -28.59% | 110.95% |
Income Tax | $4.600M | -$1.694M | $3.917M |
% Of Pretax Income | 10.77% | -13.4% | 22.13% |
Net Earnings | $16.86M | -$2.338M | -$3.122M |
YoY Change | 0.73% | -25.11% | -54.81% |
Net Earnings / Revenue | 5.51% | -0.83% | -1.3% |
Basic Earnings Per Share | $0.35 | -$0.05 | -$0.10 |
Diluted Earnings Per Share | $0.35 | -$0.05 | -$0.10 |
COMMON SHARES | |||
Basic Shares Outstanding | 48.49M shares | 48.02M shares | 32.05M shares |
Diluted Shares Outstanding | 48.02M shares | 32.05M shares |
Balance Sheet
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $69.70M | $55.20M | $56.80M |
YoY Change | 20.38% | -2.82% | |
Cash & Equivalents | $69.70M | $55.21M | $56.85M |
Short-Term Investments | |||
Other Short-Term Assets | $11.34M | $10.39M | $9.662M |
YoY Change | 34.75% | 7.51% | |
Inventory | $28.78M | $26.87M | $24.75M |
Prepaid Expenses | $11.16M | $11.52M | $8.122M |
Receivables | $220.6M | $206.0M | $164.6M |
Other Receivables | $9.500M | $9.500M | $10.00M |
Total Short-Term Assets | $362.0M | $328.7M | $288.0M |
YoY Change | 16.4% | 14.14% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $204.3M | $199.6M | $173.8M |
YoY Change | 10.67% | 14.84% | |
Goodwill | $1.555B | $1.531B | $1.330B |
YoY Change | 10.46% | 15.14% | |
Intangibles | $48.02M | $48.67M | $53.14M |
YoY Change | -10.35% | -8.4% | |
Long-Term Investments | $39.50M | $39.40M | $36.60M |
YoY Change | 7.05% | 7.65% | |
Other Assets | $16.44M | $13.83M | $7.510M |
YoY Change | 56.39% | 84.15% | |
Total Long-Term Assets | $1.943B | $1.920B | $1.604B |
YoY Change | 8.34% | 19.74% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $362.0M | $328.7M | $288.0M |
Total Long-Term Assets | $1.943B | $1.920B | $1.604B |
Total Assets | $2.305B | $2.249B | $1.892B |
YoY Change | 9.53% | 18.88% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $49.77M | $44.45M | $40.81M |
YoY Change | 9.76% | 8.93% | |
Accrued Expenses | $71.00M | $69.80M | $51.10M |
YoY Change | 31.73% | 36.59% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $27.80M | $29.10M | $27.70M |
YoY Change | 2.21% | 5.05% | |
Total Short-Term Liabilities | $186.7M | $178.7M | $176.2M |
YoY Change | 3.0% | 1.41% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.467B | $1.411B | $1.425B |
YoY Change | 14.44% | -1.01% | |
Other Long-Term Liabilities | $76.27M | $87.43M | $83.78M |
YoY Change | -10.92% | 4.36% | |
Total Long-Term Liabilities | $76.27M | $87.43M | $83.78M |
YoY Change | -10.92% | 4.36% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $186.7M | $178.7M | $176.2M |
Total Long-Term Liabilities | $76.27M | $87.43M | $83.78M |
Total Liabilities | $263.0M | $266.1M | $260.0M |
YoY Change | -1.47% | 2.36% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$311.4M | -$328.2M | -$337.5M |
YoY Change | -2.95% | -2.76% | |
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $9.677M | -$8.331M | -$277.4M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.305B | $2.249B | $1.892B |
YoY Change | 9.53% | 18.88% |
Cashflow Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $16.86M | -$2.338M | -$3.122M |
YoY Change | 0.73% | -25.11% | -54.81% |
Depreciation, Depletion And Amortization | $10.60M | $9.713M | $8.611M |
YoY Change | 17.78% | 12.8% | 203.85% |
Cash From Operating Activities | $32.30M | $18.90M | $29.30M |
YoY Change | 33.47% | -35.49% | 104.9% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$10.70M | -$8.000M | -$6.600M |
YoY Change | -30.07% | 21.21% | 450.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$19.60M | -$13.00M | -$20.20M |
YoY Change | -75.5% | -35.64% | 3266.67% |
Cash From Investing Activities | -$30.30M | -$21.00M | -$26.80M |
YoY Change | -68.21% | -21.64% | 1388.89% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 12.50M | 5.800M | 6.400M |
YoY Change | -82.71% | -9.38% | -145.39% |
NET CHANGE | |||
Cash From Operating Activities | 32.30M | 18.90M | 29.30M |
Cash From Investing Activities | -30.30M | -21.00M | -26.80M |
Cash From Financing Activities | 12.50M | 5.800M | 6.400M |
Net Change In Cash | 14.50M | 3.700M | 8.900M |
YoY Change | 1108.33% | -58.43% | -656.25% |
FREE CASH FLOW | |||
Cash From Operating Activities | $32.30M | $18.90M | $29.30M |
Capital Expenditures | -$10.70M | -$8.000M | -$6.600M |
Free Cash Flow | $43.00M | $26.90M | $35.90M |
YoY Change | 8.86% | -25.07% | 131.61% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001638833 | ||
sgry |
Incentive Payments Recognizedfor Certain Hospitalsand Physician Practices That Demonstrate Meaningful Useof Certified Electronic Health Record Technology
IncentivePaymentsRecognizedforCertainHospitalsandPhysicianPracticesThatDemonstrateMeaningfulUseofCertifiedElectronicHealthRecordTechnology
|
-107000 | USD | |
CY2016Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
48493738 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Surgery Partners, Inc. | ||
CY2016Q3 | sgry |
Acquisitionescrowreceivablecurrent
Acquisitionescrowreceivablecurrent
|
0 | USD |
sgry |
Amortizationof Unfavorable Lease Liability
AmortizationofUnfavorableLeaseLiability
|
323000 | USD | |
sgry |
Amortizationof Unfavorable Lease Liability
AmortizationofUnfavorableLeaseLiability
|
323000 | USD | |
CY2015Q4 | sgry |
Business Combination Consideration Transferred Payable Current
BusinessCombinationConsiderationTransferredPayableCurrent
|
16768000 | USD |
CY2016Q3 | sgry |
Business Combination Consideration Transferred Payable Current
BusinessCombinationConsiderationTransferredPayableCurrent
|
0 | USD |
CY2015Q3 | sgry |
Business Combination Contingent Compensation Expense
BusinessCombinationContingentCompensationExpense
|
0 | USD |
sgry |
Business Combination Contingent Compensation Expense
BusinessCombinationContingentCompensationExpense
|
0 | USD | |
CY2016Q3 | sgry |
Business Combination Contingent Compensation Expense
BusinessCombinationContingentCompensationExpense
|
1530000 | USD |
sgry |
Business Combination Contingent Compensation Expense
BusinessCombinationContingentCompensationExpense
|
3060000 | USD | |
CY2015Q4 | sgry |
Business Combination Indemnification Assets Receivable
BusinessCombinationIndemnificationAssetsReceivable
|
1072000 | USD |
CY2016Q3 | sgry |
Business Combination Indemnification Assets Receivable
BusinessCombinationIndemnificationAssetsReceivable
|
1072000 | USD |
CY2015Q3 | sgry |
Business Combination Integration Related Costs And Merger Costs
BusinessCombinationIntegrationRelatedCostsAndMergerCosts
|
1541000 | USD |
sgry |
Business Combination Integration Related Costs And Merger Costs
BusinessCombinationIntegrationRelatedCostsAndMergerCosts
|
15189000 | USD | |
CY2016Q3 | sgry |
Business Combination Integration Related Costs And Merger Costs
BusinessCombinationIntegrationRelatedCostsAndMergerCosts
|
2471000 | USD |
sgry |
Business Combination Integration Related Costs And Merger Costs
BusinessCombinationIntegrationRelatedCostsAndMergerCosts
|
8579000 | USD | |
CY2015Q3 | sgry |
Business Combination Practice Acquisition Costs
BusinessCombinationPracticeAcquisitionCosts
|
292000 | USD |
sgry |
Business Combination Practice Acquisition Costs
BusinessCombinationPracticeAcquisitionCosts
|
292000 | USD | |
CY2016Q3 | sgry |
Business Combination Practice Acquisition Costs
BusinessCombinationPracticeAcquisitionCosts
|
607000 | USD |
sgry |
Business Combination Practice Acquisition Costs
BusinessCombinationPracticeAcquisitionCosts
|
2200000 | USD | |
CY2015Q3 | sgry |
Collaborative Tax Agreement Percentageof Cash Savings Requiredto Pay
CollaborativeTaxAgreementPercentageofCashSavingsRequiredtoPay
|
0.85 | |
sgry |
Debt Instrument Prepayment Penalty Amount
DebtInstrumentPrepaymentPenaltyAmount
|
0 | USD | |
sgry |
Debt Instrument Prepayment Penalty Amount
DebtInstrumentPrepaymentPenaltyAmount
|
4900000 | USD | |
CY2015Q4 | sgry |
Debt Instrument Unamortized Discount Premiumand Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet
|
30622000 | USD |
CY2016Q3 | sgry |
Debt Instrument Unamortized Discount Premiumand Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNet
|
34037000 | USD |
CY2015Q3 | sgry |
Earnings Before Interest Taxes Depreciationand Amortization
EarningsBeforeInterestTaxesDepreciationandAmortization
|
39857000 | USD |
sgry |
Earnings Before Interest Taxes Depreciationand Amortization
EarningsBeforeInterestTaxesDepreciationandAmortization
|
114299000 | USD | |
CY2016Q3 | sgry |
Earnings Before Interest Taxes Depreciationand Amortization
EarningsBeforeInterestTaxesDepreciationandAmortization
|
44748000 | USD |
sgry |
Earnings Before Interest Taxes Depreciationand Amortization
EarningsBeforeInterestTaxesDepreciationandAmortization
|
129205000 | USD | |
CY2015Q4 | sgry |
Escrow Deposit Current
EscrowDepositCurrent
|
13984000 | USD |
CY2016Q3 | sgry |
Escrow Deposit Current
EscrowDepositCurrent
|
9288000 | USD |
CY2015Q4 | sgry |
Escrow Deposit Noncurrent
EscrowDepositNoncurrent
|
8408000 | USD |
CY2016Q3 | sgry |
Escrow Deposit Noncurrent
EscrowDepositNoncurrent
|
1700000 | USD |
CY2015Q4 | sgry |
Escrow Liability Current
EscrowLiabilityCurrent
|
13984000 | USD |
CY2016Q3 | sgry |
Escrow Liability Current
EscrowLiabilityCurrent
|
9288000 | USD |
CY2015Q4 | sgry |
Escrow Liability Noncurrent
EscrowLiabilityNoncurrent
|
8408000 | USD |
CY2016Q3 | sgry |
Escrow Liability Noncurrent
EscrowLiabilityNoncurrent
|
1700000 | USD |
sgry |
Finiteand Indefinitelived Intangible Asset Additions
FiniteandIndefinitelivedIntangibleAssetAdditions
|
2763000 | USD | |
sgry |
Finiteand Indefinitelived Intangible Asset Disposals
FiniteandIndefinitelivedIntangibleAssetDisposals
|
22000 | USD | |
CY2015Q3 | sgry |
Incentive Payments Recognizedfor Certain Hospitalsand Physician Practices That Demonstrate Meaningful Useof Certified Electronic Health Record Technology
IncentivePaymentsRecognizedforCertainHospitalsandPhysicianPracticesThatDemonstrateMeaningfulUseofCertifiedElectronicHealthRecordTechnology
|
-57000 | USD |
CY2016Q3 | sgry |
Incentive Payments Recognizedfor Certain Hospitalsand Physician Practices That Demonstrate Meaningful Useof Certified Electronic Health Record Technology
IncentivePaymentsRecognizedforCertainHospitalsandPhysicianPracticesThatDemonstrateMeaningfulUseofCertifiedElectronicHealthRecordTechnology
|
-364000 | USD |
sgry |
Incentive Payments Recognizedfor Certain Hospitalsand Physician Practices That Demonstrate Meaningful Useof Certified Electronic Health Record Technology
IncentivePaymentsRecognizedforCertainHospitalsandPhysicianPracticesThatDemonstrateMeaningfulUseofCertifiedElectronicHealthRecordTechnology
|
-269000 | USD | |
CY2016Q3 | sgry |
Increaseof Revenueas Resultof Changesin Estimatesto Thirdparty Settlements Relatedto Prior Years
IncreaseofRevenueasResultofChangesinEstimatestoThirdpartySettlementsRelatedtoPriorYears
|
4700000 | USD |
sgry |
Increaseof Revenueas Resultof Changesin Estimatesto Thirdparty Settlements Relatedto Prior Years
IncreaseofRevenueasResultofChangesinEstimatestoThirdpartySettlementsRelatedtoPriorYears
|
6700000 | USD | |
sgry |
Intangible Assets Professional Recruitment Expense
IntangibleAssetsProfessionalRecruitmentExpense
|
482000 | USD | |
CY2015Q4 | sgry |
Lease Obligation Noncurrent
LeaseObligationNoncurrent
|
53927000 | USD |
CY2016Q3 | sgry |
Lease Obligation Noncurrent
LeaseObligationNoncurrent
|
53013000 | USD |
CY2015Q4 | sgry |
Medical Malpractice Liability Noncurrent
MedicalMalpracticeLiabilityNoncurrent
|
6339000 | USD |
CY2016Q3 | sgry |
Medical Malpractice Liability Noncurrent
MedicalMalpracticeLiabilityNoncurrent
|
6339000 | USD |
sgry |
Non Controlling Interest Acquisitionsand Disposalsof Interestsheldby Non Controlling Interest Holders Net
NonControllingInterestAcquisitionsandDisposalsofInterestsheldbyNonControllingInterestHoldersNet
|
20700000 | USD | |
CY2016Q3 | sgry |
Number Of Surgical Facilities Owned
NumberOfSurgicalFacilitiesOwned
|
104 | surgical_facility |
CY2016Q3 | sgry |
Numberof Surgical Facilities Owned Consolidated
NumberofSurgicalFacilitiesOwnedConsolidated
|
93 | surgical_facility |
CY2016Q3 | sgry |
Numberof Surgical Facilities Owned Majority Interest
NumberofSurgicalFacilitiesOwnedMajorityInterest
|
73 | surgical_facility |
CY2015Q4 | sgry |
Optical Products Receivable
OpticalProductsReceivable
|
8400000 | USD |
CY2016Q3 | sgry |
Optical Products Receivable
OpticalProductsReceivable
|
8407000 | USD |
sgry |
Proceedsfrom Paymentsof Distributionsto Affiliates
ProceedsfromPaymentsofDistributionstoAffiliates
|
-11991000 | USD | |
sgry |
Proceedsfrom Paymentsof Distributionsto Affiliates
ProceedsfromPaymentsofDistributionstoAffiliates
|
1105000 | USD | |
sgry |
Redeemable Noncontrolling Interest Decrease From Distributions To Noncontrolling Interest Holders
RedeemableNoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
13031000 | USD | |
sgry |
Redeemable Noncontrolling Interest Increase Decrease From Redemptions Or Purchase Of Interests
RedeemableNoncontrollingInterestIncreaseDecreaseFromRedemptionsOrPurchaseOfInterests
|
1157000 | USD | |
CY2015Q3 | sgry |
Related Party Transaction Annual Management Fee Paidper Agreement
RelatedPartyTransactionAnnualManagementFeePaidperAgreement
|
750000 | USD |
sgry |
Related Party Transaction Annual Management Fee Paidper Agreement
RelatedPartyTransactionAnnualManagementFeePaidperAgreement
|
2250000 | USD | |
CY2016Q3 | sgry |
Related Party Transaction Annual Management Fee Paidper Agreement
RelatedPartyTransactionAnnualManagementFeePaidperAgreement
|
0 | USD |
sgry |
Related Party Transaction Annual Management Fee Paidper Agreement
RelatedPartyTransactionAnnualManagementFeePaidperAgreement
|
0 | USD | |
CY2015Q3 | sgry |
Tax Receivable Agreement Expense
TaxReceivableAgreementExpense
|
0 | USD |
sgry |
Tax Receivable Agreement Expense
TaxReceivableAgreementExpense
|
0 | USD | |
CY2016Q3 | sgry |
Tax Receivable Agreement Expense
TaxReceivableAgreementExpense
|
3733000 | USD |
sgry |
Tax Receivable Agreement Expense
TaxReceivableAgreementExpense
|
3733000 | USD | |
CY2015Q4 | sgry |
Third Party Settlements Payable Current
ThirdPartySettlementsPayableCurrent
|
5222000 | USD |
CY2015Q4 | sgry |
Third Party Settlements Payable Current
ThirdPartySettlementsPayableCurrent
|
5200000 | USD |
CY2016Q3 | sgry |
Third Party Settlements Payable Current
ThirdPartySettlementsPayableCurrent
|
2200000 | USD |
CY2016Q3 | sgry |
Third Party Settlements Payable Current
ThirdPartySettlementsPayableCurrent
|
2220000 | USD |
CY2015 | sgry |
Variable Interest Entity Numberof Facilities
VariableInterestEntityNumberofFacilities
|
4 | surgical_facility |
CY2015 | sgry |
Variable Interest Entity Numberof Facilities
VariableInterestEntityNumberofFacilities
|
3 | Anesthesia_Practice |
CY2015 | sgry |
Variable Interest Entity Numberof Facilities
VariableInterestEntityNumberofFacilities
|
1 | Practice |
sgry |
Variable Interest Entity Numberof Facilities
VariableInterestEntityNumberofFacilities
|
4 | surgical_facility | |
sgry |
Variable Interest Entity Numberof Facilities
VariableInterestEntityNumberofFacilities
|
1 | Practice | |
sgry |
Variable Interest Entity Numberof Facilities
VariableInterestEntityNumberofFacilities
|
3 | Anesthesia_Practice | |
CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
45341000 | USD |
CY2016Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
44453000 | USD |
CY2015Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
177757000 | USD |
CY2016Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
205979000 | USD |
CY2015Q4 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
5476000 | USD |
CY2016Q3 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
6097000 | USD |
CY2015Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets
|
70238000 | USD |
CY2016Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets
|
86737000 | USD |
CY2015Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
316294000 | USD |
CY2016Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
319397000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1326000 | USD | |
CY2015Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
18322000 | USD |
CY2016Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
316000 | USD |
CY2015Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
482000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1561000 | USD | |
CY2016Q3 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
485000 | USD |
CY2016Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
28217000 | USD |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
4966000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
5295000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
7154000 | USD | |
CY2015Q4 | us-gaap |
Assets
Assets
|
2104443000 | USD |
CY2016Q3 | us-gaap |
Assets
Assets
|
2248725000 | USD |
CY2015Q4 | us-gaap |
Assets Current
AssetsCurrent
|
310957000 | USD |
CY2016Q3 | us-gaap |
Assets Current
AssetsCurrent
|
328728000 | USD |
CY2015Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
0 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
0 | USD | |
CY2015Q4 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
14049000 | USD |
CY2016Q3 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
14892000 | USD |
CY2015Q3 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
1249000 | USD |
CY2015Q3 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
1200000 | USD |
us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
14897000 | USD | |
us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
14900000 | USD | |
CY2016Q3 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
1864000 | USD |
us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
6361000 | USD | |
CY2015Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
11316000 | USD |
CY2016Q3 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
13425000 | USD |
CY2015Q4 | us-gaap |
Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
|
12300000 | USD |
CY2016Q3 | us-gaap |
Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
|
14600000 | USD |
CY2015Q4 | us-gaap |
Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
|
10500000 | USD |
CY2016Q3 | us-gaap |
Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
|
10900000 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
74920000 | USD |
CY2015Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
56848000 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
57933000 | USD |
CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
55209000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-18072000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-2724000 | USD | |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
48156990 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
48511563 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
48156990 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
48511563 | shares |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3122000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-15310000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2338000 | USD |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
16672000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
54392000 | USD | |
us-gaap |
Professional Fees
ProfessionalFees
|
60813000 | USD | |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
119655000 | USD |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
14334000 | USD |
CY2016Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
123343000 | USD |
CY2015Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
8611000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
25538000 | USD | |
CY2016Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
9713000 | USD |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
13784000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
36751000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
46983000 | USD | |
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
316000 | USD | |
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
138000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-7409000 | USD | |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
16906000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
52061000 | USD | |
CY2016Q3 | us-gaap |
Goodwill
Goodwill
|
1531370000 | USD |
CY2016Q3 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
1659000 | USD |
CY2016Q3 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
1593000 | USD |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
7419000 | USD | |
CY2015Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
168821000 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
486152000 | USD | |
CY2016Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
201394000 | USD |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1903000 | USD | |
CY2016Q3 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
123600000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
94105000 | USD |
CY2016Q3 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
90233000 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
606949000 | USD | |
CY2015Q4 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
1608000 | USD |
CY2016Q3 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
1659000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
28984000 | USD | |
CY2015Q3 | us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
426000 | USD |
us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
1279000 | USD | |
CY2016Q3 | us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
691000 | USD |
us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
1326000 | USD | |
CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.10 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.48 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.15 | ||
CY2015Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.10 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.48 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.15 | ||
CY2015Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
26307000 | USD |
CY2016Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
24717000 | USD |
CY2015Q4 | us-gaap |
Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
|
6300000 | USD |
CY2016Q3 | us-gaap |
Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
|
6100000 | USD |
CY2015Q3 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-1161000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
1522000 | USD | |
CY2016Q3 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-572000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-1697000 | USD | |
CY2015Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD | |
CY2016Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-3595000 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-11876000 | USD | |
CY2015Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11236000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
34944000 | USD | |
CY2016Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
14985000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
42205000 | USD | |
CY2016Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
178654000 | USD |
CY2016Q3 | us-gaap |
Minority Interest
MinorityInterest
|
325808000 | USD |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
36412000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3917000 | USD |
CY2016Q3 | us-gaap |
Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
|
809000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1228112000 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
1407927000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8368000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1694000 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
123796000 | USD | |
us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
-353000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
17701000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
45119000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
12640000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
49479000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1320000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2866000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1167000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3007000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2496000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
34538000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
38480000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-4989000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-14076000 | USD | |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
53568000 | USD |
CY2016Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
48673000 | USD |
CY2015Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-26573000 | USD |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-78507000 | USD | |
CY2016Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-26475000 | USD |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-74863000 | USD | |
CY2015Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
5410000 | USD |
CY2016Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
18844000 | USD |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
25591000 | USD |
CY2016Q3 | us-gaap |
Inventory Net
InventoryNet
|
26867000 | USD |
CY2015Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
34103000 | USD |
CY2016Q3 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
34274000 | USD |
CY2015Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
66072000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
188405000 | USD | |
CY2016Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
85724000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
266401000 | USD | |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2104443000 | USD |
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2248725000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
181289000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1357824000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
27247000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
29105000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
1255359000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
39786000 | USD | |
CY2016Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
15703000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD | |
CY2016Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
1386929000 | USD |
CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
301955000 | USD |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
13047000 | USD | |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
33936000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-38880000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
58808000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-39484000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-154395000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
60292000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
92863000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3122000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-15310000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2338000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7409000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
16906000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
52061000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
16672000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
54392000 | USD | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment | |
CY2016Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
29 | state |
CY2015Q4 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
1996000 | USD |
CY2016Q3 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
1752000 | USD |
CY2015Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
195325000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
572943000 | USD | |
CY2016Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
239834000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
711362000 | USD | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
44274000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
123626000 | USD | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
42848000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
128075000 | USD | |
CY2015Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
11211000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
33267000 | USD | |
CY2016Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
13204000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
38712000 | USD | |
CY2015Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
22133000 | USD |
CY2016Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
26259000 | USD |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
10777000 | USD |
CY2016Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
10388000 | USD |
CY2015Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
4211000 | USD |
CY2016Q3 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
4977000 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
10509000 | USD |
CY2016Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
13830000 | USD |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
CY2015Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
13928000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
44539000 | USD | |
CY2015Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
68410000 | USD |
CY2016Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
71091000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
85613000 | USD |
CY2016Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
87429000 | USD |
CY2015Q3 | us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
-330000 | USD |
us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
-356000 | USD | |
CY2016Q3 | us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
0 | USD |
us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
97000 | USD | |
CY2015Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
7694000 | USD |
CY2016Q3 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
9774000 | USD |
CY2015Q4 | us-gaap |
Payables To Customers
PayablesToCustomers
|
11424000 | USD |
CY2016Q3 | us-gaap |
Payables To Customers
PayablesToCustomers
|
14428000 | USD |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
14296000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
51195000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
49443000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1448000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
32562000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
126018000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18115000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
28377000 | USD | |
CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | shares |
CY2016Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
34620000 | USD |
CY2016Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
30313000 | USD |
CY2016Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
11518000 | USD |
us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
11193000 | USD | |
us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
85432000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
580945000 | USD | |
us-gaap |
Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
|
3783000 | USD | |
us-gaap |
Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
|
-646000 | USD | |
CY2015Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
17233000 | USD |
us-gaap |
Professional Fees
ProfessionalFees
|
48144000 | USD | |
CY2016Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
20856000 | USD |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
453957000 | USD | |
CY2015Q4 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
316000 | USD |
CY2015Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares | |
CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
13784000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
36751000 | USD | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
14334000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
46983000 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross Excluding Capital Leased Assets
PropertyPlantAndEquipmentGrossExcludingCapitalLeasedAssets
|
254788000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Gross Excluding Capital Leased Assets
PropertyPlantAndEquipmentGrossExcludingCapitalLeasedAssets
|
286339000 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net Excluding Capital Leased Assets
PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets
|
184550000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Net Excluding Capital Leased Assets
PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets
|
199602000 | USD |
CY2015Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
5840000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
16049000 | USD | |
CY2016Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
8514000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
15931000 | USD | |
CY2015Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
183439000 | USD |
CY2016Q3 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
182298000 | USD |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
63461000 | USD | |
CY2016Q3 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
315000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-320804000 | USD |
CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-328213000 | USD |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
239599000 | USD |
us-gaap |
Revenues
Revenues
|
696569000 | USD | |
CY2016Q3 | us-gaap |
Revenues
Revenues
|
282682000 | USD |
us-gaap |
Revenues
Revenues
|
839437000 | USD | |
CY2016Q3 | us-gaap |
Security Deposit
SecurityDeposit
|
4792000 | USD |
CY2015Q4 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
9500000 | USD |
CY2016Q3 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
9300000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1279000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1326000 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
0 | USD | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4028000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-8331000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
297927000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
317477000 | USD |
CY2015Q3 | us-gaap |
Supplies Expense
SuppliesExpense
|
60377000 | USD |
us-gaap |
Supplies Expense
SuppliesExpense
|
176550000 | USD | |
CY2016Q3 | us-gaap |
Supplies Expense
SuppliesExpense
|
65907000 | USD |
us-gaap |
Supplies Expense
SuppliesExpense
|
196484000 | USD | |
CY2015Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
1977000 | USD |
CY2016Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
3243000 | USD |
CY2016Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
32054089 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
32054089 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48019652 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48018706 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
32054089 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
32054089 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48019652 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48018706 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;text-align:left;padding-left:24px;text-indent:-24px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Organization</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:9pt;">Surgery Partners, Inc.</font><font style="font-family:inherit;font-size:9pt;">,</font><font style="font-family:inherit;font-size:10pt;"> a </font><font style="font-family:inherit;font-size:9pt;">Delaware corporation (together with its subsidiaries, the “Company”), was formed April 2, 2015, as a holding company for the purpose of facilitating an initial public offering (the “IPO”) of shares of common stock. Prior to September 30, 2015, the Company conducted business through Surgery Center Holdings, Inc. and its subsidiaries. Surgery Center Holdings, LLC was and is the sole indirect owner of the equity interests of Surgery Center Holdings, Inc. and has no other material assets. On October 1, 2015, the Company completed its IPO of </font><font style="font-family:inherit;font-size:9pt;">14,285,000</font><font style="font-family:inherit;font-size:9pt;"> shares of common stock at an offering price of $</font><font style="font-family:inherit;font-size:9pt;">19.00</font><font style="font-family:inherit;font-size:9pt;"> per share.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">On September 30, 2015, Surgery Partners, Inc. became the direct parent and sole member of Surgery Center Holdings, LLC (the "Reorganization"). In the Reorganization, all of the equity interests held by the pre-IPO owners of Surgery Center Holdings, LLC were contributed to Surgery Partners, Inc. in exchange for </font><font style="font-family:inherit;font-size:9pt;">33,871,990</font><font style="font-family:inherit;font-size:9pt;"> shares of common stock of Surgery Partners, Inc. and certain rights to additional payments under a tax receivable agreement. After giving effect to the Reorganization, Surgery Partners, Inc. is a holding company, and its sole material asset is an equity interest in Surgery Center Holdings, LLC. The Company's condensed consolidated financial statements for periods prior to the Reorganization represent the historical operating results and financial position of Surgery Center Holdings, Inc. and certain of its subsidiaries.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:9pt;">As of </font><font style="font-family:inherit;font-size:9pt;">September 30, 2016</font><font style="font-family:inherit;font-size:9pt;">, the Company owned and operated a national network of surgical facilities and ancillary services in </font><font style="font-family:inherit;font-size:9pt;">29</font><font style="font-family:inherit;font-size:9pt;"> states.  The surgical facilities, which include ASCs and surgical hospitals, primarily provide non-emergency surgical procedures across many specialties, including, among others, otolaryngology</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:9pt;">("ENT"), gastroenterology</font><font style="font-family:inherit;font-size:10pt;"> ("</font><font style="font-family:inherit;font-size:9pt;">GI"), general surgery, ophthalmology, orthopedics, cardiology and pain management. The Company's surgical hospitals provide services such as diagnostic imaging, laboratory, obstetrics, oncology, pharmacy, physical therapy and wound care. Ancillary services are comprised of a diagnostic laboratory, multi-specialty physician practices, urgent care facilities, anesthesia services, optical services and specialty pharmacy services. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"> As of </font><font style="font-family:inherit;font-size:9pt;">September 30, 2016</font><font style="font-family:inherit;font-size:9pt;">, the Company owned or operated a portfolio of </font><font style="font-family:inherit;font-size:9pt;">104</font><font style="font-family:inherit;font-size:9pt;"> surgical facilities, comprised of </font><font style="font-family:inherit;font-size:9pt;">99</font><font style="font-family:inherit;font-size:9pt;"> ASCs and </font><font style="font-family:inherit;font-size:9pt;">five</font><font style="font-family:inherit;font-size:9pt;"> surgical hospitals. The Company owns these facilities in partnership with physicians and, in some cases, healthcare systems in the markets and communities it serves. The Company owned a majority interest in </font><font style="font-family:inherit;font-size:9pt;">73</font><font style="font-family:inherit;font-size:9pt;"> of the surgical facilities and consolidated </font><font style="font-family:inherit;font-size:9pt;">93</font><font style="font-family:inherit;font-size:9pt;"> of these facilities for financial reporting purposes. In addition, the Company owned or operated a network of </font><font style="font-family:inherit;font-size:9pt;">53</font><font style="font-family:inherit;font-size:9pt;"> physician practices.</font></div></div> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Certain reclassifications have been made to the comparative periods' financial statements to conform to the three</font><font style="font-family:inherit;font-size:9pt;"> and nine </font><font style="font-family:inherit;font-size:9pt;">months ended </font><font style="font-family:inherit;font-size:9pt;">September 30, 2016</font><font style="font-family:inherit;font-size:9pt;"> presentation. </font></div></div> | ||
us-gaap |
Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">Other service revenues.</font><font style="font-family:inherit;font-size:9pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:9pt;"> Optical service revenues consist of product sales from the Company's optical laboratories as well as handling charges billed to the members of the Company's optical products purchasing organization and sales from the Company's marketing products and services business. The Company's optical products purchasing organization negotiates volume buying discounts with optical products manufacturers. The buying discounts and any handling charges billed to the members of the buying group represent the revenue recognized for financial reporting purposes. Revenue is recognized as orders are shipped to members. The Company bases its estimates for sales returns and discounts on historical experience and has not experienced significant fluctuations between estimated and actual return activity and discounts given. The Company's optical laboratories manufacture and distribute corrective lenses and eyeglasses to ophthalmologists and optometrists. Revenue is recognized when product is shipped, net of allowance for discounts. The Company's marketing products and services businesses recognize revenue when product is shipped or services are rendered. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other revenues include management and administrative service fees derived from the non-consolidated facilities that the Company accounts for under the equity method, management of surgical facilities in which it does not own an interest, and management services provided to physician practices for which the Company is not required to provide capital or additional assets. The fees derived from these management arrangements are based on a predetermined percentage of the revenues of each facility or practice and are recognized in the period in which services are rendered.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Revenues</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">The Company recognizes revenues in the period in which the services are performed. Patient service revenues and receivables from third-party payors are recorded net of estimated contractual adjustments and allowances, which the Company estimates based on the historical trend of its cash collections and contractual write-offs, accounts receivable agings, established fee schedules, contracts with payors and procedure statistics.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">Patient service revenues.</font><font style="font-family:inherit;font-size:9pt;"> The fee charged for healthcare procedures performed in surgical facilities varies depending on the type of service provided, but usually includes all charges for usage of an operating room, a recovery room, special equipment, medical supplies, nursing staff and medications. The fee does not normally include professional fees charged by the patient’s surgeon, anesthesiologist or other attending physician, which are billed directly by such physicians to the patient or third-party payor.  However, in several surgical facilities, the Company charges for anesthesia services. Ancillary service revenues include fees for patient visits to the Company's physician practices, pharmacy services and diagnostic tests ordered by physicians. Patient service revenues are recognized on the date of service, net of estimated contractual adjustments and discounts from third-party payors, including Medicare and Medicaid.  Changes in estimated contractual adjustments and discounts are recorded in the period of change.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and footnotes. Examples include, but are not limited to, estimates of accounts receivable allowances, professional and general liabilities and the estimate of deferred tax assets or liabilities. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All adjustments are of a normal, recurring nature. Actual results could differ from those estimates.</font></div></div> |