BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of financial data combined by business segment

The following tables present certain financial information regarding the Company’s reportable segments, general and administrative expenses are not allocated to the reportable segments and are included in “All Other” for the three and nine months ended September 30, 2024 and 2023:


	Home Health and Hospice Services		Senior Living Services		All Other		Total
Three Months Ended September 30, 2024
Revenue	$	135,672	$	45,016	$	—	$	180,688
Segment Adjusted EBITDAR from Operations	$	23,724	$	13,411	$	(11,133)	$	26,002
Three Months Ended September 30, 2023
Revenue	$	101,474	$	38,718	$	—	$	140,192
Segment Adjusted EBITDAR from Operations	$	17,271	$	11,473	$	(8,097)	$	20,647


	Home Health and Hospice Services		Senior Living Services		All Other		Total
Nine Months Ended September 30, 2024
Revenue	$	377,463	$	128,885	$	—	$	506,348
Segment Adjusted EBITDAR from Operations	$	64,488	$	38,226	$	(31,840)	$	70,874
Nine Months Ended September 30, 2023
Revenue	$	287,573	$	111,364	$	—	$	398,937
Segment Adjusted EBITDAR from Operations	$	47,364	$	33,394	$	(23,496)	$	57,262

Schedule of reconciliation of total combined adjusted EBITDAR from operations for our reportable segments to combined income from operations

The following table provides a reconciliation of Segment Adjusted EBITDAR from Operations to Condensed Consolidated Income from Operations:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Segment Adjusted EBITDAR from Operations	$	26,002	$	20,647	$	70,874	$	57,262
Less: Depreciation and amortization	1,493		1,323		4,292		3,817
Rent—cost of services	10,906		10,006		31,814		29,439
Other income (expense)	109		(37)		192		28
Adjustments to Segment EBITDAR from Operations:
Less: Costs at start-up operations(a)	65		(108)		(72)		160
Share-based compensation expense and related taxes(b)	2,342		1,391		5,817		4,164
Acquisition related costs and credit allowances(c)	494		71		996		175

Costs associated with transitioning operations(d)	12		10		(583)		595
Unusual, non-recurring or redundant charges(e)	239		1,009		546		1,633
Add: Net income attributable to noncontrolling interest	452		79		1,008		351
Condensed Consolidated Income from Operations	$	10,794	$	7,061	$	28,880	$	17,602


(a)						Represents results related to start-up operations. This amount excludes rent and depreciation and amortization expense related to such operations.
(b)						Share-based compensation expense and related payroll taxes incurred. Share-based compensation expense and related payroll taxes are included in cost of services and general and administrative expense.
(c)						Non-capitalizable costs associated with acquisitions, credit allowances, and write offs for amounts in dispute with the prior owners of certain acquired operations.


(d)						During the nine months ended September 30, 2023, an affiliate of the Company placed its memory care units into transition and began seeking to sublease the units to an unrelated third party. The amount above represents the net operating impact attributable to the units in transition. The amounts reported exclude rent and depreciation and amortization expense related to such operations and include legal settlement costs associated with an entity transitioned to Ensign.
(e)						Represents unusual or non-recurring charges for legal services, implementation costs, integration costs, and consulting fees in general and administrative and cost of services expenses.