2020 Form 10-K Financial Statement

#000163883321000034 Filed on March 10, 2021

View on sec.gov

Income Statement

Concept 2020 2019 Q4 2019
Revenue $1.860B $517.2M $1.831B
YoY Change 1.57% 5.29% 3.38%
Cost Of Revenue $1.393B $388.0M $1.408B
YoY Change -1.04% 7.87% 3.39%
Gross Profit $467.2M $129.2M $423.8M
YoY Change 10.24% -1.75% 3.34%
Gross Profit Margin 25.12% 24.98% 23.14%
Selling, General & Admin $184.5M $46.30M $174.2M
YoY Change 5.91% 133.84% -3.33%
% of Gross Profit 39.49% 35.84% 41.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $94.80M $20.20M $76.50M
YoY Change 23.92% 12.22% 13.5%
% of Gross Profit 20.29% 15.63% 18.05%
Operating Expenses $1.677B $66.50M $1.596B
YoY Change 5.11% 75.93% -5.8%
Operating Profit $183.0M $62.70M $235.9M
YoY Change -22.42% -33.08% 203.21%
Interest Expense -$201.8M -$41.20M -$178.9M
YoY Change 12.8% 11.35% 21.7%
% of Operating Profit -110.27% -65.71% -75.84%
Other Income/Expense, Net $0.00 $1.000M -$1.000M
YoY Change -100.0% 400.0% -126.32%
Pretax Income -$18.80M $27.00M $54.60M
YoY Change -134.43% -129.51% -178.9%
Income Tax -$20.10M $4.400M $9.500M
% Of Pretax Income 16.3% 17.4%
Net Earnings -$116.1M -$19.20M -$74.80M
YoY Change 55.21% -87.0% -63.64%
Net Earnings / Revenue -6.24% -3.71% -4.08%
Basic Earnings Per Share -$3.19 -$0.59 -$2.29
Diluted Earnings Per Share -$3.19 -$0.59 -$2.29
COMMON SHARES
Basic Shares Outstanding 48.78M shares 49.51M shares 48.28M shares
Diluted Shares Outstanding 48.78M shares 48.28M shares

Balance Sheet

Concept 2020 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $317.9M $92.70M $92.70M
YoY Change 242.93% -49.7% -49.7%
Cash & Equivalents $317.9M $92.70M $92.70M
Short-Term Investments
Other Short-Term Assets $45.00M $41.80M $51.00M
YoY Change -11.76% 13.59% -3.77%
Inventory $56.40M $46.30M $46.30M
Prepaid Expenses $17.80M
Receivables $382.2M $326.9M $326.9M
Other Receivables $0.00 $8.600M $8.600M
Total Short-Term Assets $801.5M $525.5M $525.5M
YoY Change 52.52% -10.67% -10.67%
LONG-TERM ASSETS
Property, Plant & Equipment $854.7M $821.0M $821.0M
YoY Change 4.1% 92.59% 92.59%
Goodwill $3.402B
YoY Change 0.58%
Intangibles $47.30M
YoY Change -12.89%
Long-Term Investments $90.60M $93.50M $93.50M
YoY Change -3.1% 18.65% 18.65%
Other Assets $151.5M $30.80M $129.2M
YoY Change 17.26% -16.53% -11.32%
Total Long-Term Assets $4.612B $4.493B $4.493B
YoY Change 2.63% 9.92% 9.92%
TOTAL ASSETS
Total Short-Term Assets $801.5M $525.5M $525.5M
Total Long-Term Assets $4.612B $4.493B $4.493B
Total Assets $5.413B $5.019B $5.019B
YoY Change 7.86% 7.33% 7.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $100.2M $96.70M $96.70M
YoY Change 3.62% 16.09% 16.09%
Accrued Expenses $223.4M $228.9M $228.9M
YoY Change -2.4% 24.81% 24.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $64.40M $56.00M $56.00M
YoY Change 15.0% -10.54% -10.54%
Total Short-Term Liabilities $556.8M $398.1M $398.1M
YoY Change 39.86% 13.97% 13.97%
LONG-TERM LIABILITIES
Long-Term Debt $2.792B $2.525B $2.525B
YoY Change 10.6% 4.3% 4.3%
Other Long-Term Liabilities $440.6M $113.6M $396.7M
YoY Change 11.07% -58.13% 226.77%
Total Long-Term Liabilities $3.233B $113.6M $2.921B
YoY Change 10.67% -58.13% 14.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $556.8M $398.1M $398.1M
Total Long-Term Liabilities $3.233B $113.6M $2.921B
Total Liabilities $4.863B $511.7M $4.327B
YoY Change 12.39% -17.55% 10.6%
SHAREHOLDERS EQUITY
Retained Earnings -$315.7M
YoY Change 27.81%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $550.1M $296.8M $691.8M
YoY Change
Total Liabilities & Shareholders Equity $5.413B $5.019B $5.019B
YoY Change 7.86% 7.33% 7.33%

Cashflow Statement

Concept 2020 2019 Q4 2019
OPERATING ACTIVITIES
Net Income -$116.1M -$19.20M -$74.80M
YoY Change 55.21% -87.0% -63.64%
Depreciation, Depletion And Amortization $94.80M $20.20M $76.50M
YoY Change 23.92% 12.22% 13.5%
Cash From Operating Activities $246.9M $25.40M $129.5M
YoY Change 90.66% -44.18% -10.44%
INVESTING ACTIVITIES
Capital Expenditures $42.90M -$23.40M $73.60M
YoY Change -41.71% 77.27% 84.92%
Acquisitions $104.6M $13.80M
YoY Change 657.97% -87.08%
Other Investing Activities -$600.0K $0.00 $200.0K
YoY Change -400.0% -100.0% -86.67%
Cash From Investing Activities -$88.40M -$23.40M -$85.20M
YoY Change 3.76% -62.44% -33.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $216.3M $490.8M
YoY Change -55.93% 211.42%
Cash From Financing Activities $66.70M -20.60M -$135.9M
YoY Change -149.08% -116.9% 2057.14%
NET CHANGE
Cash From Operating Activities $246.9M 25.40M $129.5M
Cash From Investing Activities -$88.40M -23.40M -$85.20M
Cash From Financing Activities $66.70M -20.60M -$135.9M
Net Change In Cash $225.2M -18.60M -$91.60M
YoY Change -345.85% -117.7% -1074.47%
FREE CASH FLOW
Cash From Operating Activities $246.9M $25.40M $129.5M
Capital Expenditures $42.90M -$23.40M $73.60M
Free Cash Flow $204.0M $48.80M $55.90M
YoY Change 264.94% -16.87% -46.66%

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CY2019 us-gaap Gain Loss Related To Litigation Settlement
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1693700000 USD
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CY2019 us-gaap Other Tax Expense Benefit
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2400000 USD
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CY2019 us-gaap Interest Income Expense Nonoperating Net
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-147000000.0 USD
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54600000 USD
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CY2019 us-gaap Income Tax Expense Benefit
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9500000 USD
CY2018 us-gaap Income Tax Expense Benefit
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26400000 USD
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1300000 USD
CY2019 us-gaap Profit Loss
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119900000 USD
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110100000 USD
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39500000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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35700000 USD
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32400000 USD
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-3.19
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48280000 shares
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1300000 USD
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45100000 USD
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16800000 USD
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117400000 USD
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119900000 USD
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110100000 USD
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CY2019 us-gaap Comprehensive Income Net Of Tax
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1336600000 USD
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8100000 USD
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32400000 USD
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2000000.0 USD
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20100000 USD
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78300000 USD
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600000 USD
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6000000.0 USD
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9200000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
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35700000 USD
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8300000 USD
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81200000 USD
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12400000 USD
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39500000 USD
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39800000 USD
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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73100000 USD
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200000 USD
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1300000 USD
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45100000 USD
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94800000 USD
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76500000 USD
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67400000 USD
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1400000 USD
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13200000 USD
CY2019 us-gaap Share Based Compensation
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10200000 USD
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9300000 USD
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GainLossOnDispositionOfAssetsAndDeconsolidation
4400000 USD
CY2018 sgry Gain Loss On Disposition Of Assets And Deconsolidation
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CY2020 us-gaap Asset Impairment Charges
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7900000 USD
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74400000 USD
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0 USD
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DeferredIncomeTaxExpenseBenefit
8500000 USD
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25300000 USD
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39400000 USD
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40000000.0 USD
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46600000 USD
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23500000 USD
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22800000 USD
CY2020 sgry Increase Decrease In Medicare Accelerated Payments And Deferred Governmental Grants
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135200000 USD
CY2019 sgry Increase Decrease In Medicare Accelerated Payments And Deferred Governmental Grants
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0 USD
CY2018 sgry Increase Decrease In Medicare Accelerated Payments And Deferred Governmental Grants
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12700000 USD
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45300000 USD
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246900000 USD
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129500000 USD
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144600000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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42900000 USD
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73600000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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39800000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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104600000 USD
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13800000 USD
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106800000 USD
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58500000 USD
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17600000 USD
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19200000 USD
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15200000 USD
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1500000 USD
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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8900000 USD
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17800000 USD
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109600000 USD
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121200000 USD
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27400000 USD
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3200000 USD
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2200000 USD
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0 USD
CY2019 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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0 USD
CY2018 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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7800000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
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0 USD
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66700000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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225200000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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9400000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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93000000.0 USD
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184600000 USD
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175200000 USD
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318200000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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93000000.0 USD
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184600000 USD
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1700000 USD
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1600000 USD
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2200000 USD
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27700000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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30700000 USD
CY2018 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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84 surgical_facility
CY2020Q4 sgry Number Of Surgical Facilities Owned Consolidated
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107 surgical_facility
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1831400000 USD
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46200000 USD
CY2020 sgry Coronavirus Aid Reliefand Economic Security Act Cares Act Government Grant Received Accelerated Payments
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120000000 USD
CY2020 sgry Coronavirus Aid Relief And Economic Security Act Cares Act Government Grant Received Accelerated Payments Current
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95000000 USD
CY2020Q4 sgry Deferred Employee Related Liabilities Current
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16900000 USD
CY2020Q4 sgry Variable Interest Entity Number Of Facilities
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4 surgical_facility
CY2020Q4 sgry Variable Interest Entity Number Of Facilities
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3 physician_practice
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1771500000 USD
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61000000.0 USD
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50700000 USD
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1860100000 USD
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300000 USD
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300000 USD
CY2019Q4 sgry Optical Products Receivable
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8600000 USD
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259300000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
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733900000 USD
CY2020 sgry Redeemable Noncontrolling Interest Decrease From Distributions To Noncontrolling Interest Holders
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36500000 USD
CY2019 sgry Redeemable Noncontrolling Interest Decrease From Distributions To Noncontrolling Interest Holders
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40000000.0 USD
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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306800000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
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634000000.0 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
189300000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
321000000.0 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
326600000 USD
CY2020 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
31700000 USD
CY2019 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
39100000 USD
CY2020 sgry Redeemable Noncontrolling Interest Increase Decrease From Redemptions Or Purchase Of Interests
RedeemableNoncontrollingInterestIncreaseDecreaseFromRedemptionsOrPurchaseOfInterests
-9400000 USD
CY2019 sgry Redeemable Noncontrolling Interest Increase Decrease From Redemptions Or Purchase Of Interests
RedeemableNoncontrollingInterestIncreaseDecreaseFromRedemptionsOrPurchaseOfInterests
-4700000 USD
CY2020Q4 us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 reporting_unit
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
321000000.0 USD
CY2019Q4 sgry Equity Method Investment Number Of Noncontrolling Interests Acquired
EquityMethodInvestmentNumberOfNoncontrollingInterestsAcquired
4 surgical_facility
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
15200000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
298400000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
110700000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
544600000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
523300000 USD
CY2020 us-gaap Depreciation
Depreciation
90500000 USD
CY2019 us-gaap Depreciation
Depreciation
71900000 USD
CY2018 us-gaap Depreciation
Depreciation
62500000 USD
CY2020 us-gaap Number Of Reporting Units
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3 reporting_unit
CY2019Q4 us-gaap Goodwill
Goodwill
3402400000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
3382800000 USD
CY2020 us-gaap Goodwill Acquired During Period
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154700000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
22300000 USD
CY2020 sgry Goodwill Written Off Related To Sale Of Business Unit And Deconsolidations
GoodwillWrittenOffRelatedToSaleOfBusinessUnitAndDeconsolidations
55600000 USD
CY2019 sgry Goodwill Written Off Related To Sale Of Business Unit And Deconsolidations
GoodwillWrittenOffRelatedToSaleOfBusinessUnitAndDeconsolidations
200000 USD
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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33500000 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
2500000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
3468000000.0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
3402400000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
19200000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
19200000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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63500000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
16600000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
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46900000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
59100000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
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44700000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
16600000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
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28100000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
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39900000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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28100000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
18800000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
18800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11800000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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47300000 USD
CY2020 us-gaap Goodwill Impairment Loss
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5400000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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4300000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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4600000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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4900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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5700000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3800000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2500000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
11300000 USD
CY2020 sgry Lessee Operating Lease Option To Extend Number Of Options To Renew
LesseeOperatingLeaseOptionToExtendNumberOfOptionsToRenew
1 option_to_renew
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
28100000 USD
CY2020Q4 us-gaap Finance Lease Liability
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281200000 USD
CY2019Q4 us-gaap Finance Lease Liability
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253400000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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16300000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
10800000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2856800000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2580700000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
64400000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
56000000.0 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2792400000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2524700000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
310100000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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297700000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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64400000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
57100000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
53400000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1519700000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
396700000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
785500000 USD
CY2020Q4 us-gaap Long Term Debt
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2876800000 USD
CY2020Q4 us-gaap Lessor Operating Lease Term Of Contract
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P10Y
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
258100000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
237100000 USD
CY2020Q4 sgry Lease Right Of Use Asset
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568200000 USD
CY2019Q4 sgry Lease Right Of Use Asset
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534800000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
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39200000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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37300000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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300900000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
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283100000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
340100000 USD
CY2019Q4 us-gaap Operating Lease Liability
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320400000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
18900000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
15800000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
262300000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
237600000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
281200000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
253400000 USD
CY2020Q4 sgry Lease Liability
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621300000 USD
CY2019Q4 sgry Lease Liability
LeaseLiability
573800000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y10M24D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P15Y10M24D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y10M24D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P16Y7M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.103
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.092
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.104
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.087
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
74100000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
70400000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
26200000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
22200000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
22200000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
13000000.0 USD
CY2020 sgry Finance Lease Cost
FinanceLeaseCost
48400000 USD
CY2019 sgry Finance Lease Cost
FinanceLeaseCost
35200000 USD
CY2020 sgry Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
16900000 USD
CY2019 sgry Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
13200000 USD
CY2020 us-gaap Lease Cost
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139400000 USD
CY2019 us-gaap Lease Cost
LeaseCost
118800000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
68100000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
67300000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
20700000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
13000000.0 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
18300000 USD
CY2019 us-gaap Finance Lease Principal Payments
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13400000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
62100000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
56200000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
47000000.0 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
133300000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
565600000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
70700000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
43200000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
66100000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
40700000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
62100000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
37000000.0 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
58400000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
32100000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
50000000.0 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
30700000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
219100000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
381900000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
526400000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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186300000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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284400000 USD
CY2020Q4 us-gaap Operating Lease Liability
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340100000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
281200000 USD
CY2019Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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395000000.0 USD
CY2018Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
359300000 USD
CY2019 us-gaap Temporary Equity Dividends Adjustment
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0 USD
CY2020 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
0 USD
CY2020 us-gaap Temporary Equity Accretion Of Dividends
TemporaryEquityAccretionOfDividends
39500000 USD
CY2019 us-gaap Temporary Equity Accretion Of Dividends
TemporaryEquityAccretionOfDividends
35700000 USD
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
434500000 USD
CY2019Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
395000000.0 USD
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
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0 USD
CY2019Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2020 us-gaap Preferred Stock Amount Of Preferred Dividends In Arrears
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109000000.0 USD
CY2020 us-gaap Preferred Stock Per Share Amounts Of Preferred Dividends In Arrears
PreferredStockPerShareAmountsOfPreferredDividendsInArrears
351.54
CY2019 us-gaap Preferred Stock Amount Of Preferred Dividends In Arrears
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69500000 USD
CY2019 us-gaap Preferred Stock Per Share Amounts Of Preferred Dividends In Arrears
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224.09
CY2020 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-21800000 USD
CY2020Q4 us-gaap Number Of Interest Rate Derivatives Held
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4 swap
CY2019Q4 us-gaap Number Of Interest Rate Derivatives Held
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4 swap
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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30500000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
35800000 USD
CY2018 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
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23100000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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20200000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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7500000 USD
CY2018 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
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600000 USD
CY2020 us-gaap Net Income Loss
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-116100000 USD
CY2019 us-gaap Net Income Loss
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-74800000 USD
CY2018 us-gaap Net Income Loss
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-205700000 USD
CY2020 sgry Undistributed Earnings Loss Allocatedto Participating Securities Including Dividends Accrued
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39500000 USD
CY2019 sgry Undistributed Earnings Loss Allocatedto Participating Securities Including Dividends Accrued
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesIncludingDividendsAccrued
35700000 USD
CY2018 sgry Undistributed Earnings Loss Allocatedto Participating Securities Including Dividends Accrued
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesIncludingDividendsAccrued
32400000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
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-155600000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-110500000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
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-238100000 USD
CY2020 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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48776000 shares
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
48280000 shares
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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48028000 shares
CY2020 us-gaap Earnings Per Share Basic And Diluted
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-3.19
CY2019 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-2.29
CY2018 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-4.96
CY2017Q4 us-gaap Stock Repurchase Program Authorized Amount1
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50000000.0 USD
CY2018 us-gaap Treasury Stock Shares Acquired
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156818 shares
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
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12.64
CY2020Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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46000000.0 USD
CY2020 us-gaap Income Taxes Paid Net
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1700000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1600000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2200000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-200000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-200000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-300000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1900000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1700000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1500000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-22200000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3200000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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16500000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
400000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4800000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
8700000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-20100000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9500000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26400000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4000000.0 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
11500000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-14500000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2400000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5700000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
10000000.0 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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4100000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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13600000 USD
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1300000 USD
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1600000 USD
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100000 USD
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500000 USD
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8900000 USD
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CY2019 sgry Effective Income Tax Rate Reconciliation Litigation Settlement Amount
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100000 USD
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3500000 USD
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3200000 USD
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2300000 USD
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143000000.0 USD
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2500000 USD
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1700000 USD
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300000 USD
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15800000 USD
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12900000 USD
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52100000 USD
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16400000 USD
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16800000 USD
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100000 USD
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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100000 USD
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100000 USD
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100000 USD
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100000 USD
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P1Y2M12D
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700000 shares
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P10Y
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P10Y
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P9Y9M18D
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13.02
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P5Y9M18D
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19.00
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P5Y
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7600000 USD
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32200000 USD
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35100000 USD
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16900000 USD
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20900000 USD
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16500000 USD
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16900000 USD
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5600000 USD
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191200000 USD
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10500000 USD
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43200000 USD
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60100000 USD
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48700000 USD
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21200000 USD
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234800000 USD
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54600000 USD
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110100000 USD
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76500000 USD
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67400000 USD
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38200000 USD
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36100000 USD
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34000000.0 USD
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33500000 USD
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7900000 USD
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74400000 USD
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4400000 USD
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-6400000 USD
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-4600000 USD
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CY2020 us-gaap Valuation Allowances And Reserves Adjustments
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0 USD
CY2019 us-gaap Valuation Allowances And Reserves Adjustments
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0 USD
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2700000 USD
CY2020 sgry Business Combination Contingent Acquisition Expense
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0 USD
CY2019 sgry Business Combination Contingent Acquisition Expense
BusinessCombinationContingentAcquisitionExpense
0 USD
CY2018 sgry Business Combination Contingent Acquisition Expense
BusinessCombinationContingentAcquisitionExpense
1500000 USD
CY2020 sgry Business Combination Gain Loss On Acquisition Escrow
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800000 USD
CY2019 sgry Business Combination Gain Loss On Acquisition Escrow
BusinessCombinationGainLossOnAcquisitionEscrow
0 USD
CY2018 sgry Business Combination Gain Loss On Acquisition Escrow
BusinessCombinationGainLossOnAcquisitionEscrow
0 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-11700000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020 sgry Tax Receivable Agreement Expense Benefit
TaxReceivableAgreementExpenseBenefit
0 USD
CY2019 sgry Tax Receivable Agreement Expense Benefit
TaxReceivableAgreementExpenseBenefit
2400000 USD
CY2018 sgry Tax Receivable Agreement Expense Benefit
TaxReceivableAgreementExpenseBenefit
0 USD
CY2020 sgry Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
256600000 USD
CY2019 sgry Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
258600000 USD
CY2018 sgry Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
234800000 USD
CY2020 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
23200000 USD
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
6600000 USD
CY2020 sgry Start Up Activities Start Up Costs
StartUpActivitiesStartUpCosts
15000000.0 USD
CY2019 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
19000000.0 USD
CY2019 sgry Start Up Activities Start Up Costs
StartUpActivitiesStartUpCosts
17100000 USD
CY2018 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
31700000 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2300000 USD
CY2020 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-1200000 USD
CY2019 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-200000 USD
CY2018 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-46000000.0 USD
CY2020 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
5200000 USD
CY2019 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
4400000 USD
CY2018 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
0 USD
CY2020Q4 us-gaap Assets
Assets
5413200000 USD
CY2019Q4 us-gaap Assets
Assets
5018900000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
42900000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
73600000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39800000 USD

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0001638833-21-000034.txt Edgar Link pending
0001638833-21-000034-xbrl.zip Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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