Amsurg Corp (AMSG) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1A BURTON HILLS BLVD. NASHVILLE, TN 37215 |
| State of Incorp. | TN |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8011 - Offices and Clinics of Doctors of Medicine (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 106,660 | 208,079 | 64,153 | 55,202 | |||
| Cash and cash equivalents | 106,660 | 208,079 | 50,840 | 46,398 | |||
| Short-term investments | 13,313 | 8,804 | |||||
| Restricted cash and investments | 13,506 | 10,219 | |||||
| Receivables | 337,330 | 233,053 | 111,198 | 102,678 | |||
| Inventory, net of allowances, customer advances and progress billings | 21,406 | 19,974 | 18,414 | 18,406 | |||
| Inventory | 21,406 | 19,974 | 18,414 | 18,406 | |||
| Prepaid expense | 18,900 | 18,682 | 12,730 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 27,537 | ||
| Deferred tax assets | 22,462 | 3,097 | 3,088 | ||||
| Other current assets | 32,340 | 28,204 | 1,433 | ✕ | |||
| Other undisclosed current assets | 24,531 | 46,014 | (14,730) | ||||
| Total current assets: | 554,673 | 586,687 | 211,025 | 192,181 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 189,168 | 180,448 | 169,895 | 166,612 | |||
| Long-term investments and receivables | 169,170 | 75,475 | 16,392 | 11,274 | |||
| Long-term investments | 169,170 | 75,475 | 16,392 | 11,274 | |||
| Intangible assets, net (including goodwill) | 5,612,021 | 4,655,028 | 1,780,632 | 1,674,519 | |||
| Goodwill | 3,970,210 | 3,381,149 | 1,758,970 | 1,652,002 | |||
| Intangible assets, net (excluding goodwill) | 1,641,811 | 1,273,879 | 21,662 | 22,517 | |||
| Restricted cash and investments | 20,100 | ||||||
| Other noncurrent assets | 21,450 | 25,886 | ✕ | ||||
| Deferred tax assets, net | 137,648 | ||||||
| Other undisclosed noncurrent assets | (20,100) | (137,648) | |||||
| Total noncurrent assets: | 5,991,809 | 4,936,837 | 1,966,919 | 1,852,405 | |||
| TOTAL ASSETS: | 6,546,482 | 5,523,524 | 2,177,944 | 2,044,586 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 384,815 | 267,259 | 59,795 | 52,760 | |||
| Interest and dividends payable | 30,480 | 29,644 | |||||
| Employee-related liabilities | 202,537 | 140,044 | 32,294 | 29,251 | |||
| Accounts payable | 32,561 | 29,585 | 27,501 | 23,509 | |||
| Accrued liabilities | 119,237 | 67,986 | |||||
| Debt | 20,377 | 18,826 | 20,844 | 17,407 | |||
| Customer refund liability | 17,752 | ||||||
| Self insurance reserve | 11,983 | ||||||
| Business combination, contingent consideration, liability | 12,213 | ✕ | ✕ | ||||
| Other undisclosed current liabilities | (41,948) | 9,231 | 14,246 | ||||
| Total current liabilities: | 405,192 | 286,085 | 89,870 | 84,413 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation, including: | 2,405,130 | 2,232,186 | 583,298 | 620,705 | |||
| Other undisclosed long-term debt and lease obligation | 2,405,130 | 2,232,186 | 583,298 | 620,705 | |||
| Liabilities, other than long-term debt | 795,681 | 798,362 | 226,082 | 189,426 | |||
| Deferred revenue and credits | 16,814 | 14,637 | 12,134 | ||||
| Deferred tax liabilities, net | 699,498 | 633,480 | 176,020 | 137,648 | |||
| Liability for uncertainty in income taxes | 8,353 | 6,888 | 10,113 | ||||
| Off-market lease, unfavorable | 3,034 | 3,559 | |||||
| Other liabilities | 96,183 | 89,443 | 25,503 | 25,972 | |||
| Self insurance reserve | 41,802 | ||||||
| Business combination, contingent consideration, liability | 8,470 | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | (75,439) | (24,559) | (25,806) | ||||
| Total noncurrent liabilities: | 3,200,811 | 2,955,109 | 784,821 | 784,325 | |||
| Total liabilities: | 3,606,003 | 3,241,194 | 874,691 | 868,738 | |||
| Temporary equity, carrying amount | 175,732 | 184,099 | 177,697 | 175,382 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 2,293,463 | 1,679,547 | 764,197 | 689,488 | |||
| Preferred stock | 166,632 | 166,632 | |||||
| Retained earnings | 781,413 | 627,522 | 578,324 | 505,621 | |||
| Other undisclosed equity, attributable to parent | 1,345,418 | 885,393 | 185,873 | 183,867 | |||
| Equity, attributable to noncontrolling interest | 471,284 | 418,684 | 361,359 | 310,978 | |||
| Total equity: | 2,764,747 | 2,098,231 | 1,125,556 | 1,000,466 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,546,482 | 5,523,524 | 2,177,944 | 2,044,586 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues | 2,566,884 | 1,621,949 | 1,079,343 | 928,509 | ||
| Revenue, net | 2,832,958 | 1,738,950 | 1,079,343 | 928,509 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (184,222) | (164,296) | (157,771) | (132,044) | ||
| Gross profit: | 2,382,662 | 1,457,653 | 921,572 | 796,465 | ||
| Operating expenses | (2,002,225) | (1,238,034) | (746,666) | (648,128) | ||
| Other undisclosed operating income | 237,068 | 174,745 | 163,159 | 133,608 | ||
| Operating income: | 617,505 | 394,364 | 338,065 | 281,945 | ||
| Nonoperating income (Investment Income, Nonoperating) | 3,411 | |||||
| Interest and debt expense | (121,586) | (100,172) | (29,538) | (16,972) | ||
| Income from continuing operations before equity method investments, income taxes: | 495,919 | 297,603 | 308,527 | 264,973 | ||
| Income from equity method investments | 7,038 | 3,151 | 1,564 | |||
| Other undisclosed loss from continuing operations before income taxes | (10,449) | (3,151) | (1,564) | |||
| Income from continuing operations before income taxes: | 495,919 | 294,192 | 308,527 | 264,973 | ||
| Income tax expense | (113,790) | (48,103) | (49,754) | (42,627) | ||
| Income from continuing operations: | 382,129 | 246,089 | 258,773 | 222,346 | ||
| Income before gain (loss) on sale of properties: | 381,116 | 244,793 | 261,544 | 223,643 | ||
| Income (loss) from discontinued operations | (1,013) | (1,296) | 2,771 | 1,297 | ||
| Net income: | 381,116 | 244,793 | 261,544 | 223,643 | ||
| Net loss attributable to noncontrolling interest | (218,169) | (191,092) | (188,841) | (161,080) | ||
| Net income attributable to parent: | 162,947 | 53,701 | 72,703 | 62,563 | ||
| Preferred stock dividends and other adjustments | (9,056) | (4,503) | ||||
| Net income available to common stockholders, basic: | 153,891 | 49,198 | 72,703 | 62,563 | ||
| Convertible preferred dividends | 9,056 | |||||
| Net income available to common stockholders, diluted: | 162,947 | 49,198 | 72,703 | 62,563 | ||
Comprehensive Income ($ in thousands)
| 9/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income: | 381,116 | 244,793 | 261,544 | 223,643 | ||
| Comprehensive income: | 381,116 | 244,793 | 261,544 | 223,643 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (218,169) | (191,092) | 188,841 | 161,080 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (377,682) | (322,160) | ||||
| Comprehensive income, net of tax, attributable to parent: | 162,947 | 53,701 | 72,703 | 62,563 | ||
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.