XML 91 R74.htm IDEA: XBRL DOCUMENT v2.4.0.8
Supplemental Guarantor and Non-Guarantor Financial Information (Details 1) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Condensed Consolidating Statement of Comprehensive Income    
Total net revenues $ 487,505 $ 415,591
Cost of services sold 273,068 221,573
Gross profit 214,437 194,018
Selling, general and administrative expenses (189,020) (159,877)
Goodwill and other long-lived asset impairment 0 (224,320) [1]
Interest expense and other, net (24,498) (22,293)
Equity in earnings (loss) of subsidiaries 0 0
Income (loss) before income taxes 919 (212,472)
Income tax (expense) benefit (421) 5,416
Net income (loss) 498 (207,056)
Less: Net income attributable to noncontrolling interests (184) (121)
Net income (loss) attributable to Gentiva shareholders 314 (207,177)
Comprehensive income (loss) 498 (207,056)
Gentiva Health Services, Inc. [Member]
   
Condensed Consolidating Statement of Comprehensive Income    
Total net revenues 0 0
Cost of services sold 0 0
Gross profit 0 0
Selling, general and administrative expenses 0 0
Goodwill and other long-lived asset impairment   0
Interest expense and other, net (24,550) (22,310)
Equity in earnings (loss) of subsidiaries 15,911 (193,791)
Income (loss) before income taxes (8,639) (216,101)
Income tax (expense) benefit 8,953 8,924
Net income (loss) 314 (207,177)
Less: Net income attributable to noncontrolling interests 0 0
Net income (loss) attributable to Gentiva shareholders 314 (207,177)
Comprehensive income (loss) 314 (207,177)
Guarantor Subsidiaries [Member]
   
Condensed Consolidating Statement of Comprehensive Income    
Total net revenues 474,694 403,144
Cost of services sold 266,093 213,202
Gross profit 208,601 189,942
Selling, general and administrative expenses (183,887) (155,249)
Goodwill and other long-lived asset impairment   (224,320)
Interest expense and other, net 0 0
Equity in earnings (loss) of subsidiaries 254 (397)
Income (loss) before income taxes 24,968 (190,024)
Income tax (expense) benefit (9,057) (3,767)
Net income (loss) 15,911 (193,791)
Less: Net income attributable to noncontrolling interests 0 0
Net income (loss) attributable to Gentiva shareholders 15,911 (193,791)
Comprehensive income (loss) 15,911 (193,791)
Non-Guarantor Subsidiaries [Member]
   
Condensed Consolidating Statement of Comprehensive Income    
Total net revenues 17,945 15,626
Cost of services sold 12,109 11,550
Gross profit 5,836 4,076
Selling, general and administrative expenses (5,133) (4,628)
Goodwill and other long-lived asset impairment   0
Interest expense and other, net 52 17
Equity in earnings (loss) of subsidiaries 0 0
Income (loss) before income taxes 755 (535)
Income tax (expense) benefit (317) 259
Net income (loss) 438 (276)
Less: Net income attributable to noncontrolling interests (184) (121)
Net income (loss) attributable to Gentiva shareholders 254 (397)
Comprehensive income (loss) 438 (276)
Eliminations [Member]
   
Condensed Consolidating Statement of Comprehensive Income    
Total net revenues (5,134) (3,179)
Cost of services sold (5,134) (3,179)
Gross profit 0 0
Selling, general and administrative expenses 0 0
Goodwill and other long-lived asset impairment   0
Interest expense and other, net 0 0
Equity in earnings (loss) of subsidiaries (16,165) 194,188
Income (loss) before income taxes (16,165) 194,188
Income tax (expense) benefit 0 0
Net income (loss) (16,165) 194,188
Less: Net income attributable to noncontrolling interests 0 0
Net income (loss) attributable to Gentiva shareholders (16,165) 194,188
Comprehensive income (loss) $ (16,165) $ 194,188
[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.