Supplemental Guarantor and Non-Guarantor Financial Information (Tables)

6 Months Ended

Jun. 30, 2012

Supplemental Guarantor and Non-Guarantor Financial Information [Abstract]

Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet

June 30, 2012

(In thousands)

	Gentiva Health Services, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated Total
ASSETS
Current assets:
Cash and cash equivalents	$	114,028	$	—	$	41,250	$	—		$	155,278
Receivables, net		—		257,909		21,467		(19,345	)		260,031
Deferred tax assets, net		—		14,848		2,366		—			17,214
Prepaid expenses and other current assets		—		33,384		13,375		(357	)		46,402
Total current assets		114,028		306,141		78,458		(19,702	)		478,925
Note receivable from CareCentrix		—		25,000		—		—			25,000
Fixed assets, net		—		44,074		300		—			44,374
Intangible assets, net		—		208,110		100		—			208,210
Goodwill		—		635,605		6,064		—			641,669
Investment in subsidiaries		1,042,892		28,384		—		(1,071,276	)		—
Other assets		—		80,835		8		—			80,843
Total assets	$	1,156,920	$	1,328,149	$	84,930	$	(1,090,978	)	$	1,479,021
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt	$	15,443	$	—	$	—	$	—		$	15,443
Accounts payable		—		31,274		1,079		(19,345	)		13,008
Other current liabilities		—		186,477		53,988		(357	)		240,108
Total current liabilities		15,443		217,751		55,067		(19,702	)		268,559
Long-term debt		922,682		—		—		—			922,682
Deferred tax liabilities, net		—		33,167		—		—			33,167
Other liabilities		—		34,339		16		—			34,355
Total Gentiva shareholders’ equity		218,795		1,042,892		28,384		(1,071,276	)		218,795
Noncontrolling interests		—		—		1,463		—			1,463
Total equity		218,795		1,042,892		29,847		(1,071,276	)		220,258
Total liabilities and equity	$	1,156,920	$	1,328,149	$	84,930	$	(1,090,978	)	$	1,479,021

Condensed Consolidating Balance Sheet

December 31, 2011

(In thousands)

	Gentiva Health Services, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated Total
ASSETS
Current assets:
Cash and cash equivalents	$	124,101	$	—	$	40,811	$	—		$	164,912
Receivables, net		—		283,552		18,168		(11,131	)		290,589
Deferred tax assets, net		—		24,560		1,891		—			26,451
Prepaid expenses and other current assets		—		32,619		6,904		(1,144	)		38,379
Total current assets		124,101		340,731		67,774		(12,275	)		520,331
Note receivable from CareCentrix		—		25,000		—		—			25,000
Fixed assets, net		—		45,917		329		—			46,246
Intangible assets, net		—		214,774		100		—			214,874
Goodwill		—		635,605		6,064		—			641,669
Investment in subsidiaries		1,063,962		25,173		—		(1,089,135	)		—
Other assets		—		82,200		8		—			82,208
Total assets	$	1,188,063	$	1,369,400	$	74,275	$	(1,101,410	)	$	1,530,328
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt	$	14,903	$	—	$	—	$	—		$	14,903
Accounts payable		—		22,913		831		(11,131	)		12,613
Other current liabilities		—		223,165		45,655		(1,144	)		267,676
Total current liabilities		14,903		246,078		46,486		(12,275	)		295,192
Long-term debt		973,222		—		—		—			973,222
Deferred tax liabilities, net		—		32,498		—		—			32,498
Other liabilities				26,862		23					26,885
Total Gentiva shareholders’ equity		199,938		1,063,962		25,173		(1,089,135	)		199,938
Noncontrolling interests		—		—		2,593		—			2,593
Total equity		199,938		1,063,962		27,766		(1,089,135	)		202,531
Total liabilities and equity	$	1,188,063	$	1,369,400	$	74,275	$	(1,101,410	)	$	1,530,328

Condensed Consolidating Statement of Comprehensive Income

Condensed Consolidating Statement of Comprehensive Income

For the Three Months Ended June 30, 2012

(In thousands)

	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated Total
Net revenues	$	—		$	416,774		$	13,930		$	(3,013	)	$	427,691
Cost of services sold		—			216,455			9,295			(3,013	)		222,737
Gross profit		—			200,319			4,635			—			204,954
Selling, general and administrative expenses		—			(159,965	)		(3,963	)		—			(163,928	)
Gain on sale of assets		—			5,447			—			—			5,447
Interest (expense) and other, net		(22,678	)		—			23			—			(22,655	)
Equity in earnings of subsidiaries		26,850			53			—			(26,903	)		—
Income from continuing operations before income taxes and equity in net earnings of CareCentrix		4,172			45,854			695			(26,903	)		23,818
Income tax benefit (expense)		9,737			(19,004	)		(379	)		—			(9,646	)
Income from continuing operations		13,909			26,850			316			(26,903	)		14,172
Discontinued operations, net of tax		—			—			—			—			—
Net income		13,909			26,850			316			(26,903	)		14,172
Noncontrolling interests		—			—			(263	)		—			(263	)
Net income attributable to Gentiva shareholders	$	13,909		$	26,850		$	53		$	(26,903	)	$	13,909
Comprehensive income	$	13,909		$	26,850		$	316		$	(26,903	)	$	14,172

Condensed Consolidating Statement of Comprehensive Income

For the Three Months Ended June 30, 2011

(In thousands)

	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated Total
Net revenues	$	—		$	438,576		$	12,827		$	(2,691	)	$	448,712
Cost of services sold		—			232,800			4,042			(2,691	)		234,151
Gross profit		—			205,776			8,785			—			214,561
Selling, general and administrative expenses		—			(187,809	)		(3,829	)		—			(191,638	)
Dividend income					4,613			—						4,613
Interest (expense) and other, net		(20,799	)		—			13			—			(20,786	)
Equity in earnings of subsidiaries		18,001			3,435			—			(21,436	)		—
Income from continuing operations before income taxes and equity in net earnings of CareCentrix		(2,798	)		26,015			4,969			(21,436	)		6,750
Income tax benefit (expense)		7,987			(8,851	)		(1,548	)		—			(2,412	)
Equity in net earnings of CareCentrix		—			336			—			—			336
Income from continuing operations		5,189			17,500			3,421			(21,436	)		4,674
Discontinued operations, net of tax		—			501			165			—			666
Net income		5,189			18,001			3,586			(21,436	)		5,340
Noncontrolling interests		—			—			(151	)		—			(151	)
Net income attributable to Gentiva shareholders	$	5,189		$	18,001		$	3,435		$	(21,436	)	$	5,189
Comprehensive income	$	5,189		$	18,001		$	3,586		$	(21,436	)	$	5,340

Condensed Consolidating Statement of Comprehensive Income

For the Six Months Ended June 30, 2012

(In thousands)

	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated Total
Net revenues	$	—		$	840,201		$	28,243		$	(5,101	)	$	863,343
Cost of services sold		—			445,056			15,643			(5,101	)		455,598
Gross profit		—			395,145			12,600			—			407,745
Selling, general and administrative expenses		—			(329,513	)		(8,122	)		—			(337,635	)
Gain on sale of assets					5,447			—			—			5,447
Interest (expense) and other, net		(44,221	)		—			64			—			(44,157	)
Equity in earnings of subsidiaries		44,937			2,213			—			(47,150	)		—
Income from continuing operations before income taxes and equity in net earnings of CareCentrix		716			73,292			4,542			(47,150	)		31,400
Income tax benefit (expense)		18,033			(28,355	)		(1,853	)		—			(12,175	)
Income from continuing operations		18,749			44,937			2,689			(47,150	)		19,225
Discontinued operations, net of tax		—			—			—			—			—
Net income		18,749			44,937			2,689			(47,150	)		19,225
Noncontrolling interests		—			—			(476	)		—			(476	)
Net income attributable to Gentiva shareholders	$	18,749		$	44,937		$	2,213		$	(47,150	)	$	18,749
Comprehensive income	$	18,749		$	44,937		$	2,689		$	(47,150	)	$	19,225

Condensed Consolidating Statement of Comprehensive Income

For the Six Months Ended June 30, 2011

(In thousands)

	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated Total
Net revenues	$	—		$	880,021		$	25,502		$	(5,702	)	$	899,821
Cost of services sold		—			460,447			10,162			(5,702	)		464,907
Gross profit		—			419,574			15,340			—			434,914
Selling, general and administrative expenses		—			(357,185	)		(7,186	)		—			(364,371	)
Dividend income		—			4,613			—			—			4,613
Interest (expense) and other, net		(47,699	)		—			30			—			(47,669	)
Equity in earnings of subsidiaries		48,024			5,726			—			(53,750	)		—
Income from continuing operations before income taxes and equity in net earnings of CareCentrix		325			72,728			8,184			(53,750	)		27,487
Income tax benefit (expense)		18,316			(26,421	)		(2,426	)		—			(10,531	)
Equity in net earnings of CareCentrix		—			890			—			—			890
Income from continuing operations		18,641			47,197			5,758			(53,750	)		17,846
Discontinued operations, net of tax		—			827			286			—			1,113
Net income		18,641			48,024			6,044			(53,750	)		18,959
Noncontrolling interests		—			—			(318	)		—			(318	)
Net income attributable to Gentiva shareholders	$	18,641		$	48,024		$	5,726		$	(53,750	)	$	18,641
Comprehensive income	$	18,163		$	48,024		$	6,044		$	(53,750	)	$	18,481

Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended June 30, 2012

(In thousands)

	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated Total
OPERATING ACTIVITIES:
Net cash provided by (used in) operating activities	$	(20,697	)	$	65,807		$	4,034		$	—	$	49,144
INVESTING ACTIVITIES:
Purchase of fixed assets		—			(6,911	)		(30	)		—		(6,941	)
Proceeds from sale of businesses		—			6,090			—			—		6,090
Net cash used in investing activities		—			(821	)		(30	)		—		(851	)
FINANCING ACTIVITIES:
Proceeds from issuance of common stock		1,640			—			—			—		1,640
Repayment of long-term debt		(50,000	)		—			—			—		(50,000	)
Debt issuance costs		(4,125	)		—			—			—		(4,125	)
Repurchase of common stock		(4,974	)		—			—			—		(4,974	)
Repayment of capital lease obligations		(73	)		—			—			—		(73	)
Other		3,198			(28	)		(3,565	)		—		(395	)
Net payments related to intercompany financing		64,958			(64,958	)		—			—		—
Net cash used in financing activities		10,624			(64,986	)		(3,565	)		—		(57,927	)
Net change in cash and cash equivalents		(10,073	)		—			439			—		(9,634	)
Cash and cash equivalents at beginning of period		124,101			—			40,811			—		164,912
Cash and cash equivalents at end of period	$	114,028		$	—		$	41,250		$	—	$	155,278

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended June 30, 2011

(In thousands)

	Gentiva Health Services, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated Total
OPERATING ACTIVITIES:
Net cash (used in) provided by operating activities	$	(15,957	)	$	35,192		$	642		$	—	$	19,877
INVESTING ACTIVITIES:
Purchase of fixed assets		—			(8,604	)		(113	)		—		(8,717	)
Proceeds from sale of businesses		13,581			—			—			—		13,581
Acquisition of businesses		—			(320	)		—			—		(320	)
Net cash provided by (used in) investing activities		13,581			(8,924	)		(113	)		—		4,544
FINANCING ACTIVITIES:
Proceeds from issuance of common stock		6,235			—			—			—		6,235
Windfall tax benefits associated with equity-based compensation		194			—			—			—		194
Repayment of long-term debt		(23,438	)		—			—			—		(23,438	)
Debt issuance costs		(13,457	)		—			—			—		(13,457	)
Repayment of capital lease obligations		(145	)		—			—			—		(145	)
Other		—			623			(1,036	)		—		(413	)
Net payments related to intercompany financing		26,891			(26,891	)		—			—		—
Net cash (used in) provided by financing activities		(3,720	)		(26,268	)		(1,036	)		—		(31,024	)
Net change in cash and cash equivalents		(6,096	)		—			(507	)		—		(6,603	)
Cash and cash equivalents at beginning of period		63,816			—			40,936			—		104,752
Cash and cash equivalents at end of period	$	57,720		$	—		$	40,429		$	—	$	98,149