XML 38 R26.htm IDEA: XBRL DOCUMENT v3.22.4
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill by Segment and Related Adjustments

A summary of goodwill by segment and related adjustments is provided below:

 

 

 

Goodwill

 

 

 

Hospice

 

 

Personal Care

 

 

Home Health

 

 

Total

 

 

 

(Amounts In Thousands)

 

Goodwill at December 31, 2020

 

$

314,833

 

 

$

152,448

 

 

$

1,791

 

 

$

469,072

 

Additions for acquisitions

 

 

13,370

 

 

 

115

 

 

 

21,579

 

 

 

35,064

 

Adjustments to previously recorded goodwill

 

 

131

 

 

 

125

 

 

 

 

 

 

256

 

Goodwill at December 31, 2021

 

 

328,334

 

 

 

152,688

 

 

 

23,370

 

 

 

504,392

 

Additions for acquisitions

 

 

69,446

 

 

 

 

 

 

8,910

 

 

 

78,356

 

Adjustments to previously recorded goodwill

 

 

(52

)

 

 

 

 

 

141

 

 

 

89

 

Goodwill at December 31, 2022

 

$

397,728

 

 

$

152,688

 

 

$

32,421

 

 

$

582,837

 

Schedule of Carrying Amount and Accumulated Amortization of Intangible Asset

The carrying amount and accumulated amortization of each identifiable intangible asset category consisted of the following at December 31, 2022 and 2021:

 

 

 

Customer
and referral
relationships

 

 

Trade
names and
trademarks

 

 

Non-
competition
agreements

 

 

State Licenses

 

 

Total

 

 

 

(Amounts in Thousands)

 

Intangible assets with indefinite lives

 

$

 

 

$

 

 

$

 

 

$

27,108

 

 

$

27,108

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount

 

 

44,672

 

 

 

52,046

 

 

 

6,785

 

 

 

12,517

 

 

 

116,020

 

Accumulated amortization

 

 

(38,088

)

 

 

(21,058

)

 

 

(4,785

)

 

 

(7,009

)

 

 

(70,940

)

Intangible assets subject to amortization, net

 

 

6,584

 

 

 

30,988

 

 

 

2,000

 

 

 

5,508

 

 

 

45,080

 

Net balance at December 31, 2022

 

$

6,584

 

 

$

30,988

 

 

$

2,000

 

 

$

32,616

 

 

$

72,188

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets with indefinite lives

 

$

 

 

$

 

 

$

 

 

$

21,124

 

 

$

21,124

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount

 

 

44,672

 

 

 

42,926

 

 

 

6,785

 

 

 

12,508

 

 

 

106,891

 

Accumulated amortization

 

 

(36,342

)

 

 

(18,494

)

 

 

(3,831

)

 

 

(5,027

)

 

 

(63,694

)

Intangible assets subject to amortization, net

 

 

8,330

 

 

 

24,432

 

 

 

2,954

 

 

 

7,481

 

 

 

43,197

 

Net balance at December 31, 2021

 

$

8,330

 

 

$

24,432

 

 

$

2,954

 

 

$

28,605

 

 

$

64,321

 

Schedule of Future Amortization of Intangible Assets

The estimated future intangible amortization expense is as follows:

 

For the year ended December 31,

 

Total
(Amount in
Thousands)

 

2023

 

$

6,857

 

2024

 

 

6,534

 

2025

 

 

4,911

 

2026

 

 

4,287

 

2027

 

 

3,665

 

Thereafter

 

 

18,826

 

Total, intangible assets subject to amortization

 

$

45,080