Air Methods Corp (AIRM) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
7301 S PEORIA ENGLEWOOD, CO 80112 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4522 - Air Transportation, Nonscheduled (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 6 | 6 | 13 | 10 | 4 | ||
| Cash and cash equivalents | 6 | 6 | 13 | 10 | 4 | ||
| Receivables | 408 | 382 | 308 | 251 | 240 | ||
| Inventory, net of allowances, customer advances and progress billings | 50 | 46 | 46 | 48 | 41 | ||
| Inventory | 50 | 46 | 46 | 48 | 41 | ||
| Disposal group, including discontinued operation | 5 | 16 | 9 | ||||
| Deposits current assets | 5 | 8 | 8 | 8 | 2 | ||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 8 | ||
| Assets held-for-sale | ✕ | ✕ | ✕ | 5 | 9 | ||
| Income taxes receivable | ✕ | ✕ | ✕ | 12 | 4 | ||
| Costs in excess of billings | 0 | 1 | 1 | 3 | 1 | ||
| Other undisclosed current assets | 13 | 14 | 15 | 4 | (2) | ||
| Total current assets: | 486 | 473 | 400 | 341 | 307 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 878 | 800 | 722 | 665 | 597 | ||
| Long-term investments and receivables | 0 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 0 | ||||||
| Intangible assets, net (including goodwill) | 401 | 258 | 211 | 216 | 187 | ||
| Goodwill | 211 | 128 | 127 | 128 | 120 | ||
| Intangible assets, net (excluding goodwill) | 190 | 130 | 84 | 88 | 67 | ||
| Other noncurrent assets | 24 | 27 | 29 | 31 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 28 | ||
| Total noncurrent assets: | 1,303 | 1,084 | 961 | 912 | 812 | ||
| TOTAL ASSETS: | 1,789 | 1,557 | 1,361 | 1,253 | 1,119 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 53 | 50 | 49 | 45 | 37 | ||
| Accounts payable | 30 | 31 | 17 | 20 | 16 | ||
| Employee-related liabilities | 23 | 19 | 32 | 24 | 22 | ||
| Debt | 96 | 62 | 81 | 71 | 67 | ||
| Liability for uncertainty in income taxes | 2 | 2 | |||||
| Customer refund liability | 14 | 12 | 7 | 8 | 6 | ||
| Deferred revenue and credits | 2 | 2 | 4 | 3 | 5 | ||
| Billings in excess of cost | 1 | 1 | 1 | 2 | 0 | ||
| Deferred tax liabilities | 21 | 14 | 12 | ||||
| Other liabilities | 21 | 21 | 16 | 19 | 16 | ||
| Other undisclosed current liabilities | (2) | (2) | |||||
| Total current liabilities: | 186 | 150 | 180 | 162 | 143 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 811 | 640 | 563 | 608 | 581 | ||
| Long-term debt, excluding current maturities | 763 | 572 | 467 | 477 | 381 | ||
| Capital lease obligations | 48 | 68 | 97 | 131 | 200 | ||
| Liabilities, other than long-term debt | 220 | 185 | 139 | 106 | 95 | ||
| Deferred tax liabilities, net | 211 | 173 | 123 | 86 | 62 | ||
| Other liabilities | 9 | 12 | 16 | 20 | 33 | ||
| Total noncurrent liabilities: | 1,031 | 825 | 702 | 714 | 676 | ||
| Total liabilities: | 1,217 | 975 | 882 | 876 | 819 | ||
| Temporary equity, carrying amount | 9 | 7 | 8 | ||||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | 573 | 574 | 472 | 368 | 300 | ||
| Common stock | 2 | 2 | 2 | 2 | 2 | ||
| Treasury stock, value | (110) | (13) | |||||
| Additional paid in capital | 137 | 129 | 120 | 113 | 105 | ||
| Accumulated other comprehensive loss | (1) | (1) | (1) | (0) | |||
| Retained earnings | 545 | 458 | 350 | 253 | 193 | ||
| Total stockholders' equity: | 573 | 574 | 472 | 368 | 300 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,789 | 1,557 | 1,361 | 1,253 | 1,119 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 1,170 | 1,086 | 1,005 | 882 | 6 | |
| Gross profit: | 1,170 | 1,086 | 1,005 | 882 | 6 | |
| Operating expenses | (979) | (886) | (821) | (761) | (680) | |
| Other undisclosed operating income | 845 | |||||
| Operating income: | 191 | 200 | 183 | 121 | 170 | |
| Nonoperating income | 2 | 2 | 1 | 1 | 3 | |
| Other nonoperating income | 2 | 2 | 1 | 1 | ||
| Interest and debt expense | (32) | (22) | (22) | (20) | (21) | |
| Income from continuing operations before equity method investments, income taxes: | 161 | 180 | 163 | 101 | 153 | |
| Income (loss) from equity method investments | (1) | 0 | ||||
| Other undisclosed income (loss) from continuing operations before income taxes | 1 | (0) | ||||
| Income from continuing operations before income taxes: | 161 | 180 | 163 | 101 | 153 | |
| Income tax expense | (63) | (70) | (63) | (39) | (60) | |
| Income from continuing operations: | 98 | 110 | 99 | 62 | 93 | |
| Loss from discontinued operations | (0) | (4) | ||||
| Net income: | 98 | 109 | 95 | 62 | 93 | |
| Net income (loss) attributable to noncontrolling interest | 0 | (1) | (1) | 0 | ||
| Net income available to common stockholders, diluted: | 98 | 109 | 95 | 62 | 93 | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income: | 98 | 109 | 95 | 62 | 93 | |
| Other comprehensive income | 0 | 0 | ||||
| Comprehensive income: | 98 | 109 | 96 | 62 | 93 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | (1) | (1) | (0) | ||
| Comprehensive income, net of tax, attributable to parent: | 98 | 108 | 95 | 62 | 93 | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.