XML 155 R68.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Segment Information (Details 1) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Segment information about the Company's operations          
Total net revenues $ 414,424 $ 427,691 $ 830,015 $ 863,343  
Operating contribution 56,354 71,529 113,963 129,887  
Goodwill and other long-lived asset impairment     (224,320) [1]    
Depreciation and amortization (4,730) (7,292) (9,511) (14,722)  
Gain on sale of businesses 0 5,447 0 5,447  
Interest expense and other, net (22,148) (22,655) (44,441) (44,157) [2]  
Income (loss) before income taxes 11,392 23,818 (201,080) 31,400  
Total assets 1,256,224 1,479,021 1,256,224 1,479,021 1,510,934
Home Health [Member]
         
Segment information about the Company's operations          
Total net revenues 235,216 235,687 471,277 475,651  
Operating contribution 29,917 36,383 [3] 60,105 62,259 [3]  
Segment assets 247,164 235,918 247,164 235,918  
Hospice [Member]
         
Segment information about the Company's operations          
Total net revenues 179,208 192,004 358,738 387,692  
Operating contribution 26,437 [3] 35,146 [3] 53,858 [3] 67,628 [3]  
Segment assets 632,773 [1] 873,878 632,773 [1] 873,878  
Home Health and Hospice [Member]
         
Segment information about the Company's operations          
Segment assets 879,937 1,109,796 879,937 1,109,796  
Corporate [Member]
         
Segment information about the Company's operations          
Corporate expenses (18,084) [3] (23,211) [3] (36,771) [3] (45,055) [3]  
Segment assets $ 376,287 [1] $ 369,225 $ 376,287 [1] $ 369,225  
[1] (2)At March 31, 2013, the Company performed an interim impairment test of its Hospice reporting unit. Based on the results of the interim impairment test, the Company recorded a non-cash impairment charge relating to goodwill of approximately $220.8 million. As part of that analysis, the Company reviewed the valuation of its owned real estate utilized in the Hospice business. The analysis indicated that two of the Company's hospice inpatient units had estimated fair values lower than their carrying values and, as such, the Company recorded a non-cash impairment charge of approximately $1.9 million. See Note 9.In addition, the Company conducted an evaluation of the various systems used to support its field operations. In connection with that review, the Company made a strategic decision to replace its business intelligence software platform and, as such, recorded a non-cash impairment charge, related to developed software, of approximately $1.6 million.Hospice and corporate assets were reduced by $220.8 million and $3.5 million, respectively, as a result of the impairment.
[2] (3) For the first six months of 2012, interest expense and other, net included charges of $0.5 million relating to the write-off of deferred debt issuance costs associated with the revolving credit facility. See Note 2 for additional information.
[3] (1)For the second quarter and first six months of 2013, the Company recorded charges relating to cost savings initiatives and other restructuring costs, acquisition and integration costs and legal settlements of $0.8 million and $0.9 million, respectively.For the first six months of 2012, the Company recorded charges relating to cost savings initiatives and other restructuring costs, acquisition and integration costs and legal settlements of $5.4 million.The charges were reflected as follows for segment reporting purposes (in millions): Second Quarter First Six Months 2013 2012 2013 2012Home Health$— $(0.1) $— $5.7Hospice0.7 0.3 0.7 0.1Corporate expenses0.1 (0.2) 0.2 (0.4)Total$0.8 $— $0.9 $5.4