Team Health Holdings Inc (TMH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
265 BROOKVIEW CENTRE WAY KNOXVILLE, TN 37919 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7363 - Help Supply Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 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 | 31 | 57 | 32 | 41 | |||
| Cash and cash equivalents | 29 | 20 | 32 | 41 | |||
| Short-term investments | 2 | 37 | |||||
| Receivables | 795 | 533 | 392 | 364 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 38 | ||
| Other undisclosed current assets | 74 | 9 | 58 | 31 | |||
| Total current assets: | 900 | 600 | 483 | 474 | |||
| Noncurrent Assets | |||||||
| Nontrade receivables | 91 | 51 | ✕ | ✕ | |||
| Property, plant and equipment | 88 | 62 | 53 | 49 | |||
| Intangible assets, net (including goodwill) | 2,763 | 1,066 | 601 | 476 | |||
| Goodwill | 2,428 | 725 | 428 | 338 | |||
| Intangible assets, net (excluding goodwill) | 336 | 341 | 173 | 138 | |||
| Deferred costs | 53 | 13 | 8 | 9 | |||
| Other noncurrent assets | 57 | 62 | 56 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 48 | ||
| Insurance receivable for malpractice | ✕ | ✕ | ✕ | 40 | 48 | ||
| Deferred tax assets, net | 50 | 21 | 45 | 32 | |||
| Other undisclosed noncurrent assets | 59 | 99 | 76 | 63 | |||
| Total noncurrent assets: | 3,161 | 1,375 | 879 | 725 | |||
| TOTAL ASSETS: | 4,061 | 1,975 | 1,361 | 1,199 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 324 | 194 | 31 | 26 | |||
| Taxes payable | 3 | 1 | |||||
| Accounts payable | 66 | 41 | 28 | 25 | |||
| Accrued liabilities | 258 | 153 | |||||
| Debt | 69 | 228 | 18 | 16 | |||
| Self insurance reserve | 57 | 50 | 39 | ||||
| Deferred tax liabilities | 38 | 39 | 39 | ||||
| Other undisclosed current liabilities | 337 | 226 | 280 | 273 | |||
| Total current liabilities: | 730 | 743 | 418 | 394 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 2,337 | 578 | 484 | 502 | |||
| Long-term debt, excluding current maturities | 2,337 | 578 | 484 | 502 | |||
| Liabilities, other than long-term debt | 346 | 232 | 191 | 186 | |||
| Other liabilities | 346 | 232 | 191 | 186 | |||
| Total noncurrent liabilities: | 2,684 | 809 | 674 | 688 | |||
| Total liabilities: | 3,414 | 1,552 | 1,093 | 1,082 | |||
| Equity | |||||||
| Equity, attributable to parent | 643 | 421 | 267 | 117 | |||
| Common stock | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 836 | 697 | 643 | 579 | |||
| Accumulated other comprehensive income | 2 | 2 | 0 | 2 | |||
| Accumulated deficit | (196) | (279) | (377) | (464) | |||
| Equity, attributable to noncontrolling interest | 4 | 2 | 1 | 1 | |||
| Total equity: | 647 | 423 | 268 | 117 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,061 | 1,975 | 1,361 | 1,199 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 5,999 | 4,801 | 4,314 | 3,739 | ||
| Gross profit: | 5,999 | 4,801 | 4,314 | 3,739 | ||
| Operating expenses | (2,850) | (2,325) | (2,201) | (1,925) | ||
| Other undisclosed operating loss | (2,969) | (2,297) | (1,954) | (1,693) | ||
| Operating income: | 181 | 178 | 159 | 121 | ||
| Nonoperating income | 2 | 4 | 4 | 4 | ||
| Other nonoperating income | 2 | 5 | 5 | 5 | ||
| Interest and debt expense | (4) | |||||
| Income from continuing operations before equity method investments, income taxes: | 182 | 179 | 163 | 125 | ||
| Income from equity method investments | 2 | 2 | 1 | |||
| Income from continuing operations before income taxes: | 182 | 181 | 165 | 126 | ||
| Income tax expense | (67) | (65) | (56) | (41) | ||
| Other undisclosed loss from continuing operations | (18) | (21) | (22) | |||
| Income from continuing operations: | 116 | 98 | 88 | 64 | ||
| Income before gain (loss) on sale of properties: | 116 | 98 | 88 | 64 | ||
| Other undisclosed net loss | (33) | |||||
| Net income: | 83 | 98 | 88 | 64 | ||
| Net loss attributable to noncontrolling interest | (0) | (0) | (0) | (0) | ||
| Net income available to common stockholders, diluted: | 83 | 98 | 87 | 64 | ||
Comprehensive Income ($ in millions)
| 9/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income: | 83 | 98 | 88 | 64 | ||
| Other comprehensive income (loss) | (0) | 1 | (1) | 62 | ||
| Comprehensive income: | 83 | 99 | 86 | 126 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (0) | (0) | 0 | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | |||||
| Comprehensive income, net of tax, attributable to parent: | 83 | 99 | 86 | 126 | ||
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.