XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenue $ 599,255 $ 512,109 $ 1,773,567 $ 1,476,333
Expense:        
Cost of services 465,108 410,516 1,371,378 1,177,246
Rent—cost of services 32,504 31,875 97,318 93,278
General and administrative expense 32,817 25,514 96,493 78,622
Depreciation and amortization 13,757 13,405 41,082 37,700
Total expenses 544,186 481,310 1,606,271 1,386,846
Income from operations 55,069 30,799 167,296 89,487
Other income (expense):        
Interest expense (1,740) (3,900) (7,698) (11,513)
Interest and other income 850 732 2,630 1,857
Other expense, net (890) (3,168) (5,068) (9,656)
Income before provision for income taxes 54,179 27,631 162,228 79,831
Provision for income taxes 10,866 5,093 37,026 14,944
Net income from continuing operations 43,313 22,538 125,202 64,887
Net income from discontinued operations, net of tax (Note 4) 0 5,290 0 19,473
Net income 43,313 27,828 125,202 84,360
Less:        
Net income attributable to noncontrolling interests in continuing operations 253 390 1,045 591
Net income attributable to noncontrolling interests in discontinued operations (Note 4) 0 279 0 629
Net income attributable to noncontrolling interests 253 669 1,045 1,220
Net income attributable to The Ensign Group, Inc. 43,060 27,159 124,157 83,140
Amounts attributable to The Ensign Group, Inc.:        
Income from continuing operations attributable to The Ensign Group, Inc. 43,060 22,148 124,157 64,296
Income from discontinued operations, net of income tax (Note 4) 0 5,011 0 18,844
Net income attributable to The Ensign Group, Inc. $ 43,060 $ 27,159 $ 124,157 $ 83,140
Basic:        
Continuing operations (in dollars per share) $ 0.81 $ 0.41 $ 2.33 $ 1.20
Discontinued operations (in dollars per share) 0 0.09 0 0.35
Basic income per share attributable to The Ensign Group, Inc. (in dollars per share) 0.81 0.50 2.33 1.55
Diluted:        
Continuing operations (in dollars per share) 0.77 0.39 2.23 1.15
Discontinued operations (in dollars per share) 0 0.09 0 0.33
Diluted income per share attributable to The Ensign Group, Inc.(in dollars per share) $ 0.77 $ 0.48 $ 2.23 $ 1.48
Weighted average common shares outstanding:        
Basic (in shares) 53,328 53,941 53,299 53,470
Diluted (in shares) 55,713 56,364 55,585 56,054