XML 32 R21.htm IDEA: XBRL DOCUMENT v3.19.2
Acquisitions (Tables)
6 Months Ended
Jun. 30, 2019
VIP Health Care Services [Member]  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation Based upon management’s valuation, which is preliminary and subject to completion of working capital adjustments, the total purchase price has been allocated as follows:

 

 

Total

(Amounts in

Thousands)

 

Goodwill

 

$

10,374

 

Identifiable intangible assets

 

 

15,370

 

Cash

 

 

110

 

Accounts receivable

 

 

5,986

 

Other assets

 

 

2,308

 

Property and equipment

 

 

27

 

Accounts payable

 

 

(385

)

Accrued expenses

 

 

(747

)

Accrued payroll

 

 

(1,571

)

Other liabilities

 

 

(1,554

)

Total purchase price allocation

 

$

29,918

 

 

Ambercare Corporation [Member]  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation Based upon management’s valuations, which are now final, the total purchase price has been allocated as follows:

 

 

 

Total

(Amounts in

Thousands)

 

Goodwill

 

$

28,831

 

Cash

 

 

12,028

 

Identifiable intangible assets

 

 

9,944

 

Accounts receivable

 

 

6,512

 

Other assets

 

 

442

 

Property and equipment

 

 

154

 

Accrued expenses

 

 

(4,073

)

Deferred tax liability

 

 

(2,138

)

Financing lease

 

 

(75

)

Accounts payable

 

 

(3

)

Total purchase price allocation

 

$

51,622

 

 

Arcadia Home Care And Staffing [Member]  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation Based upon management’s valuations, which are now final, the total purchase price has been allocated as follows:

 

 

 

Total

(Amounts in

Thousands)

 

Goodwill

 

$

13,072

 

Accounts receivable

 

 

5,317

 

Identifiable intangible assets

 

 

2,264

 

Property and equipment

 

 

155

 

Other assets

 

 

92

 

Accrued expenses

 

 

(1,540

)

Accounts payable

 

 

(508

)

Total purchase price allocation

 

$

18,852

 

 

Lifestyle Options, Inc. [Member]  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation Based upon management’s valuations, which are now final, the total purchase price is final and has been allocated as follows:

 

 

Total

(Amounts in

Thousands)

 

Goodwill

 

$

2,751

 

Identifiable intangible assets

 

 

1,152

 

Accounts receivable

 

 

573

 

Other assets

 

 

32

 

Property and equipment

 

 

18

 

Accrued expenses

 

 

(291

)

Accounts payable

 

 

(105

)

Total purchase price allocation

 

$

4,130

 

 

VIP, Ambercare and Arcadia [Member]  
Business Acquisition [Line Items]  
Unaudited Pro Forma Condensed Consolidated Income Statement Information

The following table contains unaudited pro forma condensed consolidated income statement information of the Company had the acquisitions of VIP, Ambercare and Arcadia closed on January 1, 2018.

 

 

 

For the Three Months Ended

June 30,

 

 

For the Six Months Ended

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(Amounts in Thousands)

 

 

(Amounts in Thousands)

 

Net service revenues

 

$

159,177

 

 

$

148,610

 

 

$

313,511

 

 

$

300,318

 

Operating income

 

 

8,260

 

 

 

7,490

 

 

 

14,205

 

 

 

21,246

 

Net income

 

 

6,091

 

 

 

3,259

 

 

 

10,597

 

 

 

12,974

 

Net income per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income per share

 

$

0.47

 

 

$

0.28

 

 

$

0.81

 

 

$

1.13

 

Diluted income per share

 

$

0.45

 

 

$

0.28

 

 

$

0.79

 

 

$

1.10