2013 Q4 Form 10-K Financial Statement

#000119312514093159 Filed on March 11, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $68.61M $65.83M $66.87M
YoY Change 9.98% 6.0% 5.48%
Cost Of Revenue $52.20M $49.70M $49.30M
YoY Change 8.98% 6.42% 8.11%
Gross Profit $16.40M $16.13M $17.31M
YoY Change 13.1% 4.44% 1.84%
Gross Profit Margin 23.9% 24.5% 25.88%
Selling, General & Admin $6.800M $6.200M $6.500M
YoY Change 11.48% 5.08% 3.17%
% of Gross Profit 41.46% 38.44% 37.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.380M $1.450M $1.380M
YoY Change 8.66% 5.84% 4.55%
% of Gross Profit 8.41% 8.99% 7.97%
Operating Expenses $6.800M $6.200M $6.500M
YoY Change 11.48% 5.08% 3.17%
Operating Profit $9.372M $9.904M $11.06M
YoY Change 12.9% 3.88% 2.34%
Interest Expense -$100.0K $133.0K $130.0K
YoY Change 0.0% -6.34% -10.34%
% of Operating Profit -1.07% 1.34% 1.18%
Other Income/Expense, Net
YoY Change
Pretax Income $9.200M $9.773M $10.56M
YoY Change 12.2% 4.03% 0.97%
Income Tax $3.400M $3.017M $3.181M
% Of Pretax Income 36.96% 30.87% 30.14%
Net Earnings $3.861M $227.0K $4.914M
YoY Change -4.5% -95.03% 1.34%
Net Earnings / Revenue 5.63% 0.34% 7.35%
Basic Earnings Per Share $0.32 $0.02 $0.41
Diluted Earnings Per Share $0.32 $0.02 $0.41
COMMON SHARES
Basic Shares Outstanding 12.10M shares 12.11M shares 12.09M shares
Diluted Shares Outstanding 12.12M shares 12.12M shares 12.11M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.90M $12.10M $10.30M
YoY Change 10.26% 13.08% 17.05%
Cash & Equivalents $12.90M $12.12M $10.29M
Short-Term Investments
Other Short-Term Assets $4.098M $4.482M $1.878M
YoY Change -31.41% -10.36% -64.57%
Inventory
Prepaid Expenses
Receivables $32.70M $28.60M $29.30M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $49.66M $45.16M $41.43M
YoY Change 9.57% 2.4% -7.11%
LONG-TERM ASSETS
Property, Plant & Equipment $14.96M $13.52M $13.76M
YoY Change 14.94% 5.59% 6.64%
Goodwill $144.0M $105.2M $112.2M
YoY Change 43.68%
Intangibles $14.48M $14.67M $14.03M
YoY Change 19.21%
Long-Term Investments
YoY Change
Other Assets $1.081M $1.078M $967.0K
YoY Change 3.74% 7.8% -30.93%
Total Long-Term Assets $174.5M $134.5M $141.0M
YoY Change 38.04% 6.92% 11.91%
TOTAL ASSETS
Total Short-Term Assets $49.66M $45.16M $41.43M
Total Long-Term Assets $174.5M $134.5M $141.0M
Total Assets $224.1M $179.7M $182.4M
YoY Change 30.53% 5.74% 6.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.700M $1.300M $1.300M
YoY Change 0.0% -23.53% -7.14%
Accrued Expenses $20.63M $14.78M $15.30M
YoY Change 46.11% 16.37% 7.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $825.0K $575.0K $800.0K
YoY Change 79.74% -4.17% 33.33%
Total Short-Term Liabilities $23.17M $16.66M $17.37M
YoY Change 42.1% 11.78% 7.24%
LONG-TERM LIABILITIES
Long-Term Debt $40.65M $14.55M $16.15M
YoY Change 131.29% -10.74% -20.44%
Other Long-Term Liabilities $4.196M $728.0K $706.0K
YoY Change 84.12% -68.35% -55.88%
Total Long-Term Liabilities $44.85M $15.28M $16.86M
YoY Change 125.88% -17.86% -23.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.17M $16.66M $17.37M
Total Long-Term Liabilities $44.85M $15.28M $16.86M
Total Liabilities $69.01M $32.95M $35.20M
YoY Change 86.25% -34.76% -36.35%
SHAREHOLDERS EQUITY
Retained Earnings $119.2M $116.6M $117.5M
YoY Change 7.08%
Common Stock $40.71M $39.37M $38.71M
YoY Change 8.19%
Preferred Stock
YoY Change
Treasury Stock (at cost) $31.63M $31.63M $31.63M
YoY Change 0.0%
Treasury Stock Shares $2.215M 2.215M shares 2.215M shares
Shareholders Equity $128.3M $124.3M $124.6M
YoY Change
Total Liabilities & Shareholders Equity $224.1M $179.7M $182.4M
YoY Change 30.53% 5.74% 6.93%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income $3.861M $227.0K $4.914M
YoY Change -4.5% -95.03% 1.34%
Depreciation, Depletion And Amortization $1.380M $1.450M $1.380M
YoY Change 8.66% 5.84% 4.55%
Cash From Operating Activities $15.94M $8.140M $15.87M
YoY Change 61.01% -21.58% 15.0%
INVESTING ACTIVITIES
Capital Expenditures -$1.180M -$1.070M -$1.120M
YoY Change -7.81% 5.94% 7.69%
Acquisitions
YoY Change
Other Investing Activities -$36.46M -$300.0K -$5.890M
YoY Change 2414.48% -44.44% -5.46%
Cash From Investing Activities -$37.64M -$1.370M -$7.010M
YoY Change 1278.75% -11.61% -3.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 22.48M -4.940M -8.850M
YoY Change -463.75% -29.02% 8.59%
NET CHANGE
Cash From Operating Activities 15.94M 8.140M 15.87M
Cash From Investing Activities -37.64M -1.370M -7.010M
Cash From Financing Activities 22.48M -4.940M -8.850M
Net Change In Cash 780.0K 1.830M 10.00K
YoY Change -21.21% -2.14% -100.62%
FREE CASH FLOW
Cash From Operating Activities $15.94M $8.140M $15.87M
Capital Expenditures -$1.180M -$1.070M -$1.120M
Free Cash Flow $17.12M $9.210M $16.99M
YoY Change 53.13% -19.14% 14.49%

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CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1902000
CY2013Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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4104000
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
400000
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
151017000
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4196000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
128290000
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
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40569000
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
825000
CY2013Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2013Q4 us-gaap Minority Interest
MinorityInterest
22727000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
4274000
CY2013Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
40000000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
198000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
119206000
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2977000
CY2013Q4 us-gaap Accounts Payable Trade Current
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1722000
CY2013Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
996000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
143000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
224135000
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3459000
CY2013Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
650000
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
650000
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
41475000
CY2013Q4 us-gaap Liabilities
Liabilities
69014000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
12761000
CY2013Q4 us-gaap Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue
10541000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
22563000
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
825000
CY2013Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentAssets
2283000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
49660000
CY2013Q4 us-gaap Goodwill
Goodwill
143955000
CY2013Q4 us-gaap Accounts And Other Receivables Net Current
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1844000
CY2013Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
21891000
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14479000
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1081000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
1280000
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1806000
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
482000
CY2013Q4 us-gaap Assets
Assets
224135000
CY2013Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
3895000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12898000
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
60856000
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
654000
CY2013Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
-1082000
CY2013Q4 us-gaap Deferred Income Taxes And Other Tax Receivable Current
DeferredIncomeTaxesAndOtherTaxReceivableCurrent
2200000
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4098000
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
31628000
CY2013Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
52213000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
449000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14960000
CY2013Q4 usph Payments To Acquire Businesses Consideration
PaymentsToAcquireBusinessesConsideration
47928000
CY2013Q4 usph Number Of Clinics Operated
NumberOfClinicsOperated
472 Clinic
CY2013Q4 usph Deferred Tax Liabilities Depreciation And Amortization
DeferredTaxLiabilitiesDepreciationAndAmortization
4237000
CY2013Q4 usph Business Acquisition Purchase Price Allocation Notes Payable Number Of Installment
BusinessAcquisitionPurchasePriceAllocationNotesPayableNumberOfInstallment
2 Installment
CY2013Q4 usph Business Acquisition Purchase Price Allocation Intangible Assets Other Than Goodwill Net
BusinessAcquisitionPurchasePriceAllocationIntangibleAssetsOtherThanGoodwillNet
160000
CY2013Q4 usph Expected Reduction In Medicare Spending Percentage
ExpectedReductionInMedicareSpendingPercentage
0.02 pure
CY2013Q4 usph Furniture And Equipment Gross
FurnitureAndEquipmentGross
38965000
CY2013Q4 usph Business Acquisition Purchase Price Allocation Referral Relationships
BusinessAcquisitionPurchasePriceAllocationReferralRelationships
400000
CY2013Q4 usph Patient Accounts Receivable
PatientAccountsReceivable
30820000
CY2013Q4 usph Business Acquisition Purchase Price Allocation Trade Name
BusinessAcquisitionPurchasePriceAllocationTradeName
600000
CY2013Q4 usph Allowance For Doubtful Accounts Patient Accounts Receivable
AllowanceForDoubtfulAccountsPatientAccountsReceivable
1430000
CY2013Q4 usph Business Acquisition Cost Of Acquired Entity Debt Issued
BusinessAcquisitionCostOfAcquiredEntityDebtIssued
1300000
CY2013Q4 usph Deferred Tax Assets Lease Obligations
DeferredTaxAssetsLeaseObligations
77000
CY2013Q4 usph Business Acquisition Purchase Price Allocation Net Tangible Asset
BusinessAcquisitionPurchasePriceAllocationNetTangibleAsset
5096000
CY2013Q4 usph Salaries And Related Costs Current
SalariesAndRelatedCostsCurrent
11686000
CY2013Q4 usph Group Health Insurance Claims Current
GroupHealthInsuranceClaimsCurrent
2023000
CY2013Q4 usph Patients And Payors Related Liability
PatientsAndPayorsRelatedLiability
2371000
CY2013Q4 usph Deferred Tax Assets Acquisition Of Noncontrolling Interest
DeferredTaxAssetsAcquisitionOfNoncontrollingInterest
400000
CY2013Q4 usph Employee Compensation Future Payment Due Next Fiscal Year
EmployeeCompensationFuturePaymentDueNextFiscalYear
18100000
CY2013Q4 usph Employee Compensation Future Payment Due Next Fiscal Year Thereafter
EmployeeCompensationFuturePaymentDueNextFiscalYearThereafter
4500000
CY2013Q4 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
1700000
CY2013Q4 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
35500000
CY2013Q4 usph Business Acquisition Number Of Installments To Payment Of Purchase Consideration
BusinessAcquisitionNumberOfInstallmentsToPaymentOfPurchaseConsideration
2 Installment
CY2013Q3 usph Facilities Previously Closed
FacilitiesPreviouslyClosed
1 Facility
CY2011Q4 usph Business Acquisition Purchase Price Adjustment Received
BusinessAcquisitionPurchasePriceAdjustmentReceived
1500000
CY2011Q4 usph Business Acquisition Cost Of Acquired Entity Loan Forgiveness Percentage
BusinessAcquisitionCostOfAcquiredEntityLoanForgivenessPercentage
0.30 pure
CY2012Q2 usph Sale Of Proportion Of Interest In Acquisition To Limited Partner
SaleOfProportionOfInterestInAcquisitionToLimitedPartner
0.50 pure
CY2012Q2 usph Remaining Proportion Of Acquisition Owned
RemainingProportionOfAcquisitionOwned
0.01 pure
CY2011Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7930000
CY2012Q3 usph Business Acquisition Principal Installments Payable At Cost Of Acquired By Entity At Accrued Interest
BusinessAcquisitionPrincipalInstallmentsPayableAtCostOfAcquiredByEntityAtAccruedInterest
100000
CY2009Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
859499 shares
CY2009Q1 usph Additional Estimated Repurchase Of Common Stock
AdditionalEstimatedRepurchaseOfCommonStock
340501 shares
CY2012Q2 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
6090000
CY2012Q4 usph Facilities Previously Closed
FacilitiesPreviouslyClosed
1 Facility
CY2010 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y7M6D
CY2011 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.18
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
156750 shares
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.75
CY2011 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.32
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11977000 shares
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.340 pure
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.78
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y7M6D
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.003 pure
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2011 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
163000 shares
CY2011 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.18
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
32655000
CY2011 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.60
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
13.92
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.94
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11814000 shares
CY2011 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
12.51
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
375080 shares
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.034 pure
CY2011 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.57
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
CY2011 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
18.80
CY2011 us-gaap Interest Paid Net
InterestPaidNet
325000
CY2011 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
990000
CY2011 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
8096000
CY2011 us-gaap Gross Profit
GrossProfit
55868000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
36377000
CY2011 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9037000
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3789000
CY2011 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
250000
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
3104000
CY2011 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
9451000
CY2011 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
100900000
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
2162000
CY2011 us-gaap Profit Loss
ProfitLoss
29783000
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1972000
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
217000
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
31428000
CY2011 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
5719000
CY2011 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
18812000
CY2011 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
9767000
CY2011 us-gaap Net Income Loss
NetIncomeLoss
20974000
CY2011 us-gaap Health Care Organization Patient Service Revenue
HealthCareOrganizationPatientServiceRevenue
225804000
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4656000
CY2011 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
26679000
CY2011 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
217000
CY2011 us-gaap Sales Revenue Net
SalesRevenueNet
231523000
CY2011 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3222000
CY2011 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8809000
CY2011 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1190000
CY2011 us-gaap Costs And Expenses
CostsAndExpenses
175655000
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-245000
CY2011 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
217000
CY2011 us-gaap Dividends Common Stock
DividendsCommonStock
3789000
CY2011 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
437000
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3833000
CY2011 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
6000
CY2011 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
4656000
CY2011 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9767000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3160000
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
2032000
CY2011 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3778000
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
804000
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-511000
CY2011 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
19400000
CY2011 us-gaap Interest Expense
InterestExpense
496000
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
963000
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
9979000
CY2011 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
13083000
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3603000
CY2011 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-1399000
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-31606000
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
98000
CY2011 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-275000
CY2011 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
118900000
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
230000
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5449000
CY2011 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
58000
CY2011 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
695000
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5865000
CY2011 us-gaap Restructuring Charges
RestructuringCharges
59000
CY2011 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0
CY2011 us-gaap Labor And Related Expense
LaborAndRelatedExpense
124820000
CY2011 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
0
CY2011 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseOfInterestByParent
142000
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6376000
CY2011 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9698000
CY2011 usph Compensation Expense Restricted Stock
CompensationExpenseRestrictedStock
2032000
CY2011 usph Acquisitions Of Noncontrolling Interests
AcquisitionsOfNoncontrollingInterests
20439000
CY2011 usph Proceeds From Settlement Of Purchase Price
ProceedsFromSettlementOfPurchasePrice
-3835000
CY2011 usph Effective Income Tax Rate Reconciliation Nontaxable Gain
EffectiveIncomeTaxRateReconciliationNontaxableGain
0.047 pure
CY2011 usph Income Tax Reconciliation Deductible Losses
IncomeTaxReconciliationDeductibleLosses
CY2011 usph Acquisition Of Noncontrolling Interest
AcquisitionOfNoncontrollingInterest
367000
CY2011 usph Transfer Of Compensation Liability For Certain Stock Issued Pursuant To Incentive Plans
TransferOfCompensationLiabilityForCertainStockIssuedPursuantToIncentivePlans
199000
CY2011 usph Purchase Of Business Seller Financing Portion
PurchaseOfBusinessSellerFinancingPortion
200000
CY2011 usph Interest And Other Income Net
InterestAndOtherIncomeNet
5445000
CY2011 usph Increase Decrease In Patient Accounts Receivable
IncreaseDecreaseInPatientAccountsReceivable
5147000
CY2011 usph Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Amount Changes Purchase Consideration Charge From Undistributed Earning
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestAmountChangesPurchaseConsiderationChargeFromUndistributedEarning
48000
CY2011 usph Rent Clinic Supplies Contract Labor And Other
RentClinicSuppliesContractLaborAndOther
46998000
CY2011 usph Gain On Purchase Price Settlement
GainOnPurchasePriceSettlement
5435000
CY2011 usph Corporate Office Costs
CorporateOfficeCosts
24440000
CY2011 usph Voting Interest Held By Director And Founder
VotingInterestHeldByDirectorAndFounder
0.17 pure
CY2011 usph Sale Of Voting Interest By Director And Founder
SaleOfVotingInterestByDirectorAndFounder
0.170 pure
CY2011 usph Remaining Voting Interest Held By Director And Founder
RemainingVotingInterestHeldByDirectorAndFounder
0.020 pure
CY2011 usph Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Future Tax Benefit
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesFutureTaxBenefit
23000
CY2011 usph Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Consideration Amount Charge From Additional Paid Up Capital
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseConsiderationAmountChargeFromAdditionalPaidUpCapital
36000
CY2011 usph Effective Income Tax Rate Reconciliation Deductible Losses
EffectiveIncomeTaxRateReconciliationDeductibleLosses
0.000 pure
CY2011 usph Income Tax Reconciliation Income Tax Expense Benefit Non Taxable Gain
IncomeTaxReconciliationIncomeTaxExpenseBenefitNonTaxableGain
-1342000
CY2011 usph Gain Loss On Sale Or Abandonment Of Assets Net
GainLossOnSaleOrAbandonmentOfAssetsNet
-182000
CY2013 dei Trading Symbol
TradingSymbol
USPH
CY2013 dei Entity Registrant Name
EntityRegistrantName
U S PHYSICAL THERAPY INC /NV
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0000885978
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
-0.40
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
783563 shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
CY2013 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
shares
CY2013 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
12050 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12082000 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
12069 shares
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y7M6D
CY2013 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.50 pure
CY2013 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
1.60
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.411 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.003 pure
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
19000 shares
CY2013 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.59
CY2013 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
-0.40
CY2013 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
5 Clinic
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
44795000
CY2013 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.45
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
15.25
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
648346 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
23.52
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12063000 shares
CY2013 us-gaap Health Care Organization Patient Service Revenue
HealthCareOrganizationPatientServiceRevenue
258283000
CY2013 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
12.60
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y7M6D
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
879391 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.061 pure
CY2013 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.45
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:2%; font-size:10pt; font-family:Times New Roman"> <b><i>Use of Estimates</i></b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> In preparing the Company&#x2019;s consolidated financial statements, management makes certain estimates and assumptions, especially in relation to, but not limited to, goodwill impairment, allowance for receivables, tax provision and contractual allowances, that affect the amounts reported in the consolidated financial statements and related disclosures. Actual results may differ from these estimates.</p> </div>
CY2013 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
18.42
CY2013 us-gaap Net Income Loss
NetIncomeLoss
12723000
CY2013 us-gaap Interest Paid Net
InterestPaidNet
352000
CY2013 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
5000
CY2013 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
10541000
CY2013 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
238000
CY2013 us-gaap Gross Profit
GrossProfit
64701000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
38239000
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4111000
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4838000
CY2013 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
459000
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-5007000
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
46628000
CY2013 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
6058000
CY2013 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
128200000
CY2013 us-gaap Business Combination Separately Recognized Transactions Revenues And Gains Recognized
BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized
505000
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-4769000
CY2013 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
19231000
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
47000
CY2013 us-gaap Profit Loss
ProfitLoss
20996000
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1803000
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
695000
CY2013 us-gaap Business Combination Separately Recognized Transactions Net Gains And Losses
BusinessCombinationSeparatelyRecognizedTransactionsNetGainsAndLosses
119000
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
38770000
CY2013 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
5775000
CY2013 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
275511000
CY2013 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
17492000
CY2013 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
9164000
CY2013 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
26003000
CY2013 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
695000
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
264058000
CY2013 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4637000
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8273000
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4833000
CY2013 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
52213000
CY2013 us-gaap Costs And Expenses
CostsAndExpenses
199357000
CY2013 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
47000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8881000
CY2013 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
695000
CY2013 us-gaap Dividends Common Stock
DividendsCommonStock
4838000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2369000
CY2013 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
459000
CY2013 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9164000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
402000
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
2743000
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4384000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1227000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1422000
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
22000000
CY2013 us-gaap Interest Expense
InterestExpense
538000
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1814000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10415000
CY2013 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
806000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1970000
CY2013 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
3180000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-52449000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
105000
CY2013 us-gaap Proceeds From Sale Of Interest In Partnership Unit
ProceedsFromSaleOfInterestInPartnershipUnit
200000
CY2013 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-48000
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
859000
CY2013 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
150800000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
399000
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5562000
CY2013 us-gaap Interest Expense On Prepetition Liabilities Recognized In Statement Of Operations
InterestExpenseOnPrepetitionLiabilitiesRecognizedInStatementOfOperations
0
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
893000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9867000
CY2013 us-gaap Restructuring Charges
RestructuringCharges
246000
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0
CY2013 us-gaap Labor And Related Expense
LaborAndRelatedExpense
141840000
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2013 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
0
CY2013 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseOfInterestByParent
1900000
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8445000
CY2013 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12236000
CY2013 usph Share Based Compensation Arrangement By Share Based Payment Share Granted To Employees Lapse In Equal Installments Description
ShareBasedCompensationArrangementByShareBasedPaymentShareGrantedToEmployeesLapseInEqualInstallmentsDescription
Shares granted to employees lapse in equal installments on the following four or five annual anniversaries of the date of grant
CY2013 usph Compensation Expense Restricted Stock
CompensationExpenseRestrictedStock
2743000
CY2013 usph Effective Date Of Reduction In Medicare Physician Fee Payment Rate
EffectiveDateOfReductionInMedicarePhysicianFeePaymentRate
2013-04-01
CY2013 usph Acquisitions Of Noncontrolling Interests
AcquisitionsOfNoncontrollingInterests
1876000
CY2013 usph Amount Of Reductions In Federal Spending
AmountOfReductionsInFederalSpending
1200000000000
CY2013 usph Number Of Separate Transactions To Purchase Partnership Interest
NumberOfSeparateTransactionsToPurchasePartnershipInterest
15 Transactions
CY2013 usph Reduction In Medicare Spending Percentage
ReductionInMedicareSpendingPercentage
0.02 pure
CY2013 usph Share Based Compensation Expense
ShareBasedCompensationExpense
4200000
CY2013 usph Number Of Clinic Acquired
NumberOfClinicAcquired
3 Clinic
CY2013 usph Percentage Increase In Payment Reduction In Institutional Or Non Institutional Setting
PercentageIncreaseInPaymentReductionInInstitutionalOrNonInstitutionalSetting
0.50 pure
CY2013 usph Percentage Of Limited Partnership Interest Owned
PercentageOfLimitedPartnershipInterestOwned
0.64 pure
CY2013 usph Difference Between Net Revenues And Corresponding Cash Collections Reflected Percentage Of Net Revenues
DifferenceBetweenNetRevenuesAndCorrespondingCashCollectionsReflectedPercentageOfNetRevenues
0.01 pure
CY2013 usph Business Acquisition Cost Of Acquired Entity Charge From Undistributed Earning
BusinessAcquisitionCostOfAcquiredEntityChargeFromUndistributedEarning
100000
CY2013 usph Maximum Difference Between Actual Aggregate Contractual Reserve Percentages As Compared To Estimated Contractual Allowance Reserve Percentage
MaximumDifferenceBetweenActualAggregateContractualReservePercentagesAsComparedToEstimatedContractualAllowanceReservePercentage
0.01 pure
CY2013 usph Percentage Reduction For Service In Office Or Other Non Institutional Settings
PercentageReductionForServiceInOfficeOrOtherNonInstitutionalSettings
0.20 pure
CY2013 usph Percentage Of General Partnership Interest Owned
PercentageOfGeneralPartnershipInterestOwned
0.01 pure
CY2013 usph Share Based Compensation Arrangement By Share Based Payment Award Expiration Period Description
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationPeriodDescription
2014 through 2017
CY2013 usph Transfer Of Compensation Liability For Certain Stock Issued Pursuant To Incentive Plans
TransferOfCompensationLiabilityForCertainStockIssuedPursuantToIncentivePlans
248000
CY2013 usph Interest And Other Income Net
InterestAndOtherIncomeNet
7000
CY2013 usph Increase Decrease In Patient Accounts Receivable
IncreaseDecreaseInPatientAccountsReceivable
5389000
CY2013 usph Purchase Of Business Seller Financing Portion
PurchaseOfBusinessSellerFinancingPortion
1300000
CY2013 usph Number Of Partnership In Which Interest Acquired
NumberOfPartnershipInWhichInterestAcquired
10 Partnership
CY2013 usph Employment Agreements Expiration Date
EmploymentAgreementsExpirationDate
2015-12-31
CY2013 usph Rent Clinic Supplies Contract Labor And Other
RentClinicSuppliesContractLaborAndOther
52887000
CY2013 usph Percentage Reduction For Service In Institutional Settings
PercentageReductionForServiceInInstitutionalSettings
0.25 pure
CY2013 usph Period Of Federal Debt Ceiling In Connection With Deficit Reductions
PeriodOfFederalDebtCeilingInConnectionWithDeficitReductions
P10Y
CY2013 usph Corporate Office Costs
CorporateOfficeCosts
25931000
CY2013 usph Percentage Of Practice Expense Component Of Relative Value Unit
PercentageOfPracticeExpenseComponentOfRelativeValueUnit
1.00 pure
CY2013 usph Percentage Of Reduction Prevented
PercentageOfReductionPrevented
0.201 pure
CY2013 usph Minimum Percentage Of Fair Value Reporting Unit Less Than Carrying Amount
MinimumPercentageOfFairValueReportingUnitLessThanCarryingAmount
0.50 pure
CY2013 usph Defined Contribution Plan Period For New Employees Covered Under Plan
DefinedContributionPlanPeriodForNewEmployeesCoveredUnderPlan
P3M
CY2013 usph Minimum Difference Between Actual Aggregate Contractual Reserve Percentages Compared To Estimated Contractual Allowance Reserve Percentage
MinimumDifferenceBetweenActualAggregateContractualReservePercentagesComparedToEstimatedContractualAllowanceReservePercentage
0.01 pure
CY2013 usph Proceeds From Sale Of Non Controlling Interest Fixed Assets And Business
ProceedsFromSaleOfNonControllingInterestFixedAssetsAndBusiness
233000
CY2013 usph Number Of Third Party Facilities
NumberOfThirdPartyFacilities
18 Facility
CY2013 usph Number Of Clinic Operated Under Separate Partnership
NumberOfClinicOperatedUnderSeparatePartnership
2 Clinic
CY2013 usph Number Of Clinic Operated Under Existing Partnership
NumberOfClinicOperatedUnderExistingPartnership
5 Clinic
CY2013 usph Business Acquisition Cost Of Acquired Entity Charge From Additional Paid Up Capital
BusinessAcquisitionCostOfAcquiredEntityChargeFromAdditionalPaidUpCapital
1000000
CY2013 usph Effective Income Tax Rate Reconciliation Deductible Losses
EffectiveIncomeTaxRateReconciliationDeductibleLosses
0.003 pure
CY2013 usph Income Tax Reconciliation Deductible Losses
IncomeTaxReconciliationDeductibleLosses
-98000
CY2013 usph Income Tax Reconciliation Income Tax Expense Benefit Non Taxable Gain
IncomeTaxReconciliationIncomeTaxExpenseBenefitNonTaxableGain
CY2012 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
561000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
220 shares
CY2012 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
11804 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11904000 shares
CY2013 usph Share Based Compensation Arrangement By Share Based Payment Award For Shares Outstanding Restrictions Had Not Lapsed
ShareBasedCompensationArrangementByShareBasedPaymentAwardForSharesOutstandingRestrictionsHadNotLapsed
244018 shares
CY2013 usph Renewal Period For Employment
RenewalPeriodForEmployment
P1Y
CY2013 usph Reclass To Redeemable Non Controlling Interests
ReclassToRedeemableNonControllingInterests
-4104000
CY2013 usph Increase In Current State Income Tax
IncreaseInCurrentStateIncomeTax
393000
CY2013 usph Change Of Medicare Reimbursement Annual Limit Effective Date
ChangeOfMedicareReimbursementAnnualLimitEffectiveDate
2014-01-01
CY2013 usph Proceeds From Sale Of Interest In Partnership Unit In Cash
ProceedsFromSaleOfInterestInPartnershipUnitInCash
600000
CY2013 usph Proceeds From Sale Of Interest In Partnership Unit In Notes Receivable
ProceedsFromSaleOfInterestInPartnershipUnitInNotesReceivable
800000
CY2013 usph Gain Loss On Sale Or Abandonment Of Assets Net
GainLossOnSaleOrAbandonmentOfAssetsNet
-7335000
CY2012 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
-0.02
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
80650 shares
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
17.89
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.51
CY2012 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.76
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2012 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
11904 shares
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.52
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y2M12D
CY2012 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
1.69
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.381 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.003 pure
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
CY2012 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.67
CY2012 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
-0.02
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39249000
CY2012 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.54
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
14.12
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
21.65
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11804000 shares
CY2012 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
12.51
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
272750 shares
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.042 pure
CY2012 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.53
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
CY2012 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2012 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
18.80
CY2012 us-gaap Interest Paid Net
InterestPaidNet
639000
CY2012 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
2892000
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
2102000
CY2012 us-gaap Gross Profit
GrossProfit
62910000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
37855000
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6361000
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9017000
CY2012 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
434000
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-423000
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7929000
CY2012 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
86000000
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-279000
CY2012 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
19894000
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
22000
CY2012 us-gaap Profit Loss
ProfitLoss
26217000
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
585000
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1351000
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
38406000
CY2012 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
5551000
CY2012 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
261231000
CY2012 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
18212000
CY2012 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
9332000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
17933000
CY2012 us-gaap Health Care Organization Patient Service Revenue
HealthCareOrganizationPatientServiceRevenue
244100000
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