Supplemental Guarantor and Non-Guarantor Financial Information (Tables)

3 Months Ended

Mar. 31, 2014

Supplemental Guarantor and Non-Guarantor Financial Information [Abstract]

March 31, 2014

(In thousands)



As Reported	Gentiva Health Services, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated Total
ASSETS
Current assets:
Cash and cash equivalents	$	31,002		$	—	$	31,882	$	—		$	62,884
Receivables, net	—			285,494		53,558		(47,714		)	291,338
Deferred tax assets, net	—			22,848		3,242		—			26,090
Prepaid expenses and other current assets	—			55,939		10,729		—			66,668
Total current assets	31,002			364,281		99,411		(47,714		)	446,980
Notes receivable from CareCentrix	—			28,471		—		—			28,471
Fixed assets, net	—			46,612		576		—			47,188
Intangible assets, net	—			252,132		2,600		—			254,732
Goodwill	—			381,150		8,931		—			390,081
Investment in subsidiaries	813,960			29,125		—		(843,085		)	—
Other assets	27,012			40,463		7		—			67,482
Total assets	$	871,974		$	1,142,234	$	111,525	$	(890,799	)	$	1,234,934

LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt	$	47,263		$	—	$	—	$	—		$	47,263
Accounts payable	—			55,670		—		(43,074		)	12,596
Other current liabilities	1,917			212,335		78,296		(4,640		)	287,908
Total current liabilities	49,180			268,005		78,296		(47,714		)	347,767
Long-term debt	1,118,197			—		—		—			1,118,197
Deferred tax liabilities, net	—			14,711		—		—			14,711
Other liabilities	6,285			45,558		—		—			51,843
Total Gentiva shareholders’ (deficit) equity	(301,688		)	813,960		29,125		(843,085		)	(301,688		)
Noncontrolling interests	—			—		4,104		—			4,104
Total (deficit) equity	(301,688		)	813,960		33,229		(843,085		)	(297,584		)
Total liabilities and equity (deficit)	$	871,974		$	1,142,234	$	111,525	$	(890,799	)	$	1,234,934



Restatement Adjustment	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations		Consolidated Total
Intangible assets, net	$	—		$	(3,660	)	$	—	$	—	$	(3,660	)
Goodwill	—			(6,594		)	—		—		(6,594		)
Investment in subsidiaries	(8,490		)	—			—		8,490		—
Total assets	$	(8,490	)	$	(10,254	)	$	—	$	8,490	$	(10,254	)
Deferred tax liabilities, net	—			(1,764		)	—		—		(1,764		)
Total Gentiva shareholders’ equity	(8,490		)	(8,490		)	—		8,490		(8,490		)
Total equity	$	(8,490	)	$	(8,490	)	$	—	$	8,490	$	(8,490	)
Total liabilities and equity	$	(8,490	)	$	(10,254	)	$	—	$	8,490	$	(10,254	)



Other Restatement Adjustments	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated Total
Cash and cash equivalents	$	310		$	—		$	(310	)	$	—	$	—
Receivables, net	—			2,530			(2,530		)	—		—
Prepaid expenses and other current assets	—			11			(11		)	—		—
Total current assets	310			2,541			(2,851		)	—		—
Fixed assets, net	—			40			(40		)	—		—
Intangible assets, net	—			—			—			—		—
Goodwill	—			2,457			(2,457		)	—		—
Investment in subsidiaries	(310		)	(5,020		)	—			5,330		—
Total assets	—			18			(5,348		)	5,330		—
Other current liabilities	—			328			(328		)	—		—
Total current liabilities	—			328			(328		)	—		—
Deferred tax liabilities, net	—			—			—			—		—
Total Gentiva shareholders’ equity	—			(310		)	(5,020		)	5,330		—
Total equity	—			(310		)	(5,020		)	5,330		—
Total liabilities and equity	$	—		$	18		$	(5,348	)	$	5,330	$	—



As Restated	Gentiva Health Services, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated Total
ASSETS
Current assets:
Cash and cash equivalents	$	31,312		$	—	$	31,572	$	—		$	62,884
Receivables, net	—			288,024		51,028		(47,714		)	291,338
Deferred tax assets, net	—			22,848		3,242		—			26,090
Prepaid expenses and other current assets	—			55,950		10,718		—			66,668
Total current assets	31,312			366,822		96,560		(47,714		)	446,980
Notes receivable from CareCentrix	—			28,471		—		—			28,471
Fixed assets, net	—			46,652		536		—			47,188
Intangible assets, net	—			248,472		2,600		—			251,072
Goodwill	—			377,013		6,474		—			383,487
Investment in subsidiaries	805,160			24,105		—		(829,265		)	—
Other assets	27,012			40,463		7		—			67,482
Total assets	$	863,484		$	1,131,998	$	106,177	$	(876,979	)	$	1,224,680

LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt	$	47,263		$	—	$	—	$	—		$	47,263
Accounts payable	—			55,670		—		(43,074		)	12,596
Other current liabilities	1,917			212,663		77,968		(4,640		)	287,908
Total current liabilities	49,180			268,333		77,968		(47,714		)	347,767
Long-term debt	1,118,197			—		—		—			1,118,197
Deferred tax liabilities, net	—			12,947		—		—			12,947
Other liabilities	6,285			45,558		—		—			51,843
Total Gentiva shareholders’ (deficit) equity	(310,178		)	805,160		24,105		(829,265		)	(310,178		)
Noncontrolling interests	—			—		4,104		—			4,104
Total (deficit) equity	(310,178		)	805,160		28,209		(829,265		)	(306,074		)
Total liabilities and equity (deficit)	$	863,484		$	1,131,998	$	106,177	$	(876,979	)	$	1,224,680

Condensed Consolidating Balance Sheet

December 31, 2013

(In thousands)



	Gentiva Health Services, Inc. (Restated)			Guarantor Subsidiaries (Restated)		Non-Guarantor Subsidiaries (Restated)		Eliminations (Restated)			Consolidated Total (Restated)
ASSETS
Current assets:
Cash and cash equivalents	$	55,388		$	—	$	31,569	$	—		$	86,957
Receivables, net	—			284,637		33,878		(28,610		)	289,905
Deferred tax assets, net	—			25,845		2,308		—			28,153
Prepaid expenses and other current assets	—			52,971		11,775		—			64,746
Total current assets	55,388			363,453		79,530		(28,610		)	469,761
Note receivable from CareCentrix	—			28,471		—		—			28,471
Fixed assets, net	—			48,855		520		—			49,375
Intangible assets, net	—			251,127		2,600		—			253,727
Goodwill	—			379,880		3,607		—			383,487
Investment in subsidiaries	782,470			23,493		—		(805,963		)	—
Other assets	28,266			40,375		6		—			68,647
Total assets	$	866,124		$	1,135,654	$	86,263	$	(834,573	)	$	1,253,468

LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt	$	45,325		$	—	$	—	$	—		$	45,325
Accounts payable	—			15,377		282		—			15,659
Other current liabilities	—			283,483		59,613		(28,610		)	314,486
Total current liabilities	45,325			298,860		59,895		(28,610		)	375,470
Long-term debt	1,124,432			—		—		—			1,124,432
Deferred tax liabilities, net	—			8,483		—		—			8,483
Other liabilities	7,243			45,841		—		—			53,084
Total Gentiva shareholders’ (deficit) equity	(310,876		)	782,470		23,493		(805,963		)	(310,876		)
Noncontrolling interests	—			—		2,875		—			2,875
Total (deficit) equity	(310,876		)	782,470		26,368		(805,963		)	(308,001		)
Total liabilities and equity (deficit)	$	866,124		$	1,135,654	$	86,263	$	(834,573	)	$	1,253,468

Condensed Consolidating Statement of Comprehensive Income

For the Three Months Ended March 31, 2014

(In thousands)



As Reported	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated Total
Net revenues	$	—		$	474,694		$	17,945		$	(5,134	)	$	487,505
Cost of services sold	—			266,093			12,109			(5,134		)	273,068
Gross profit	—			208,601			5,836			—			214,437
Selling, general and administrative expenses	—			(183,887		)	(5,133		)	—			(189,020		)
Interest (expense) and other, net	(24,550		)	—			52			—			(24,498		)
Equity in earnings of subsidiaries	15,911			254			—			(16,165		)	—
(Loss) income before income taxes	(8,639		)	24,968			755			(16,165		)	919
Income tax benefit (expense)	8,953			(9,057		)	(317		)	—			(421		)
Net income	314			15,911			438			(16,165		)	498
Noncontrolling interests	—			—			(184		)	—			(184		)
Net income attributable to Gentiva shareholders	$	314		$	15,911		$	254		$	(16,165	)	$	314
Total comprehensive income	$	314		$	15,911		$	438		$	(16,165	)	$	498



Restatement Adjustments	Gentiva Health Services, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries	Eliminations	Consolidated Total
Selling, general and administrative expenses	—		(1,105	)	—	—	(1,105	)
Equity in earnings of subsidiaries	(683	)	—		—	683	—
Loss from continuing operations before income taxes	(683	)	(1,105	)	—	683	(1,105	)
Income tax benefit	—		422		—	—	422
Net loss	(683	)	(683	)	—	683	(683	)
Net loss attributable to Gentiva shareholders	(683	)	(683	)	—	683	(683	)
Comprehensive loss	(683	)	(683	)	—	683	(683	)



Other Restatement Adjustments	Gentiva Health Services, Inc.	Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations	Consolidated Total
Net revenues	—	951		(951	)	—	—
Cost of services sold	—	501		(501	)	—	—
Gross profit	—	450		(450	)	—	—
Selling, general and administrative expenses	—	(234	)	234		—	—
Equity in earnings of subsidiaries	—	(130	)	—		130	—
Income (loss) from continuing operations before income taxes	—	86		(216	)	130	—
Income tax (expense) benefit	—	(86	)	86		—	—
Net loss	—	—		(130	)	130	—
Net loss attributable to Gentiva shareholders	—	—		(130	)	130	—
Comprehensive loss	—	—		(130	)	130	—



As Restated	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated Total
Net revenues	$	—		$	475,645		$	16,994		$	(5,134	)	$	487,505
Cost of services sold	—			266,594			11,608			(5,134		)	273,068
Gross profit	—			209,051			5,386			—			214,437
Selling, general and administrative expenses	—			(185,226		)	(4,899		)	—			(190,125		)
Interest (expense) and other, net	(24,550		)	—			52			—			(24,498		)
Equity in earnings of subsidiaries	15,228			124			—			(15,352		)	—
(Loss) income before income taxes	(9,322		)	23,949			539			(15,352		)	(186		)
Income tax benefit (expense)	8,953			(8,721		)	(231		)	—			1
Net (loss) income	(369		)	15,228			308			(15,352		)	(185		)
Noncontrolling interests	—			—			(184		)	—			(184		)
Net (loss) income attributable to Gentiva shareholders	$	(369	)	$	15,228		$	124		$	(15,352	)	$	(369	)
Total comprehensive (loss) income	$	(369	)	$	15,228		$	308		$	(15,352	)	$	(185	)

Condensed Consolidating Statement of Comprehensive Income (Loss)

For the Three Months Ended March 31, 2013

(In thousands)



As Reported	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated Total
Net revenues	$	—		$	403,144		$	15,626		$	(3,179	)	$	415,591
Cost of services sold	—			213,202			11,550			(3,179		)	221,573
Gross profit	—			189,942			4,076			—			194,018
Selling, general and administrative expenses	—			(155,249		)	(4,628		)	—			(159,877		)
Goodwill and other long-lived asset impairment	—			(224,320		)	—			—			(224,320		)
Interest (expense) and other, net	(22,310		)	—			17			—			(22,293		)
Equity in earnings of subsidiaries	(193,791		)	(397		)	—			194,188			—
Loss before income taxes	(216,101		)	(190,024		)	(535		)	194,188			(212,472		)
Income tax benefit (expense)	8,924			(3,767		)	259			—			5,416
Net loss	(207,177		)	(193,791		)	(276		)	194,188			(207,056		)
Noncontrolling interests	—			—			(121		)	—			(121		)
Net loss attributable to Gentiva shareholders	$	(207,177	)	$	(193,791	)	$	(397	)	$	194,188		$	(207,177	)
Total comprehensive loss	$	(207,177	)	$	(193,791	)	$	(276	)	$	194,188		$	(207,056	)



Revision Adjustments	Gentiva Health Services, Inc.		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated Total
Goodwill and other long-lived asset impairment	$	—	$	13,648		$	—	$	—		$	13,648
Equity in earnings of subsidiaries	13,039		—			—		(13,039		)	—
Loss before income taxes	13,039		13,648			—		(13,039		)	13,648
Income tax benefit (expense)	—		(609		)	—		—			(609		)
Net loss	13,039		13,039			—		(13,039		)	13,039
Net loss attributable to Gentiva shareholders	13,039		13,039			—		(13,039		)	13,039
Total comprehensive loss	13,039		13,039			—		(13,039		)	13,039



As Revised	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated Total
Net revenues	$	—		$	403,144		$	15,626		$	(3,179	)	$	415,591
Cost of services sold	—			213,202			11,550			(3,179		)	221,573
Gross profit	—			189,942			4,076			—			194,018
Selling, general and administrative expenses	—			(155,249		)	(4,628		)	—			(159,877		)
Goodwill and other long-lived asset impairment	—			(210,672		)	—			—			(210,672		)
Interest (expense) and other, net	(22,310		)	—			17			—			(22,293		)
Equity in earnings of subsidiaries	(180,752		)	(397		)	—			181,149			—
Loss before income taxes	(203,062		)	(176,376		)	(535		)	181,149			(198,824		)
Income tax benefit (expense)	8,924			(4,376		)	259			—			4,807
Net loss	(194,138		)	(180,752		)	(276		)	181,149			(194,017		)
Noncontrolling interests	—			—			(121		)	—			(121		)
Net loss attributable to Gentiva shareholders	$	(194,138	)	$	(180,752	)	$	(397	)	$	181,149		$	(194,138	)
Total comprehensive loss	$	(194,138	)	$	(180,752	)	$	(276	)	$	181,149		$	(194,017	)

Condensed Consolidating Statement of Cash Flows

For the Three Months Ended March 31, 2014

(In thousands)



As Reported	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated Total
OPERATING ACTIVITIES:
Net cash used in operating activities	$	(11,806	)	$	(5,012	)	$	(597	)	$	(328	)	$	(17,743	)
INVESTING ACTIVITIES:
Purchase of fixed assets	—			(3,104		)	(54		)	—			(3,158		)
Proceeds from sale of assets	—			191			—			—			191
Net cash used in investing activities	—			(2,913		)	(54		)	—			(2,967		)
FINANCING ACTIVITIES:
Proceeds from issuance of common stock	597			—			—			—			597
Windfall tax benefits associated with equity-based compensation	6			—			—			—			6
Repayment of long-term debt	(4,581		)	—			—			—			(4,581		)
Minority interest capital contributions	—			—			1,160						1,160
Distribution to minority interests	—			—			(115		)				(115		)
Distribution to majority interests	—			—			(328		)	328			—
Other	(337		)	(28		)	(65		)	—			(430		)
Net payments related to intercompany financing	(7,953		)	7,953			—			—			—
Net cash (used in) provided by financing activities	(12,268		)	7,925			652			328			(3,363		)
Net change in cash and cash equivalents	(24,074		)	—			1			—			(24,073		)
Cash and cash equivalents at beginning of period	55,076			—			31,881			—			86,957
Cash and cash equivalents at end of period	$	31,002		$	—		$	31,882		$	—		$	62,884



Other Restatement Adjustments	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated Total
Net cash provided by (used in) by operating activities	$	—		$	157		$	(157	)	$	—	$	—
Purchase of fixed assets	—			(15		)	15			—		—
Net cash used in investing activities	—			(15		)	15			—		—
Other	(144		)	—			144			—		—
Net payments related to intercompany financing	142			(142		)	—			—		—
Net cash used in financing activities	(2		)	(142		)	144			—		—
Net change in cash and cash equivalents	(2		)	—			2			—		—
Cash and cash equivalents at beginning of period	312			—			(312		)	—		—
Cash and cash equivalents at end of period	310			—			(310		)	—		—



As Restated	Gentiva Health Services, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations		Consolidated Total
OPERATING ACTIVITIES:
Net cash used in operating activities	(11,806	)	(4,855	)	(754	)	(328	)	(17,743	)
INVESTING ACTIVITIES:
Purchase of fixed assets	—		(3,119	)	(39	)	—		(3,158	)
Proceeds from sale of assets	—		191		—		—		191
Net cash used in investing activities	—		(2,928	)	(39	)	—		(2,967	)
FINANCING ACTIVITIES:
Proceeds from issuance of common stock	597		—		—		—		597
Windfall tax benefits associated with equity-based compensation	6		—		—		—		6
Repayment of long-term debt	(4,581	)	—		—		—		(4,581	)
Minority interest capital contributions	—		—		1,160		—		1,160
Distribution to minority interests	—		—		(115	)	—		(115	)
Distribution to majority interests	—		—		(328	)	328		—
Other	(481	)	(28	)	79		—		(430	)
Net payments related to intercompany financing	(7,811	)	7,811		—		—		—
Net cash (used in) provided by financing activities	(12,270	)	7,783		796		328		(3,363	)
Net change in cash and cash equivalents	(24,076	)	—		3		—		(24,073	)
Cash and cash equivalents at beginning of period	55,388		—		31,569		—		86,957
Cash and cash equivalents at end of period	31,312		—		31,572		—		62,884

Condensed Consolidating Statement of Cash Flows

For the Three Months Ended March 31, 2013

(In thousands)



	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated Total
OPERATING ACTIVITIES:
Net cash (used in) provided by operating activities	$	(8,314	)	$	(13,821	)	$	1,575		$	—	$	(20,560	)
INVESTING ACTIVITIES:
Purchase of fixed assets	—			(2,646		)	(52		)	—		(2,698		)
Net cash used in investing activities	—			(2,646		)	(52		)	—		(2,698		)
FINANCING ACTIVITIES:
Proceeds from issuance of common stock	992			—			—			—		992
Windfall tax benefits associated with equity-based compensation	72			—			—			—		72
Repayment of long-term debt	(25,000		)	—			—			—		(25,000		)
Debt issuance costs	—			—			—			—		—
Distribution to minority interests	387			(28		)	(599		)	—		(240		)
Other	(23		)	—			—			—		(23		)
Net payments related to intercompany financing	(16,495		)	16,495			—			—		—
Net cash (used in) provided by financing activities	(40,067		)	16,467			(599		)	—		(24,199		)
Net change in cash and cash equivalents	(48,381		)	—			924			—		(47,457		)
Cash and cash equivalents at beginning of period	166,140			—			40,912			—		207,052
Cash and cash equivalents at end of period	$	117,759		$	—		$	41,836		$	—	$	159,595