Segment and Related Information (Tables)

3 Months Ended

Mar. 31, 2022

Summary of financial information concerning the Company's reporting segments

Summarized financial information concerning our reportable segments is shown in the following tables. Total assets for each of the segments has not materially changed from December 31, 2021.


	Patient Care				Products & Services
	For the Three Months Ended March 31,				For the Three Months Ended March 31,
(in thousands)	2022		2021		2022		2021
Net revenues
Third party	$	219,818	$	195,682	$	41,469	$	41,788
Intersegments	—		—		54,675		47,047
Total net revenues	219,818		195,682		96,144		88,835
Material costs
Third party suppliers	59,918		51,617		25,674		23,553
Intersegments	11,058		8,305		43,617		38,742
Total material costs	70,976		59,922		69,291		62,295
Personnel expenses	86,409		75,754		15,266		14,126
Other expenses	40,696		36,141		7,057		5,803
Depreciation & amortization	4,744		4,815		2,023		1,935
Segment income from operations	$	16,993	$	19,050	$	2,507	$	4,676

Schedule of reconciliation of reportable segments

A reconciliation of the total of the reportable segments’ income from operations to consolidated net loss is as follows:


	For the Three Months Ended March 31,
(in thousands)	2022		2021
(Loss) income from operations
Patient Care	$	16,993	$	19,050
Products & Services	2,507		4,676
Corporate & other	(22,045)		(21,705)
(Loss) income from operations	(2,545)		2,021
Interest expense, net	7,385		7,340
Non-service defined benefit plan expense	160		167
Loss before income taxes	(10,090)		(5,486)
Benefit for income taxes	(2,113)		(2,156)
Net loss	$	(7,977)	$	(3,330)

A reconciliation of the reportable segments’ net revenues to consolidated net revenues is as follows:


	For the Three Months Ended March 31,
(in thousands)	2022		2021
Net revenues
Patient Care	$	219,818	$	195,682
Products & Services	96,144		88,835
Corporate & other	—		—
Consolidating adjustments	(54,675)		(47,047)
Consolidated net revenues	$	261,287	$	237,470

A reconciliation of the reportable segments’ material costs to consolidated material costs is as follows:


	For the Three Months Ended March 31,
(in thousands)	2022		2021
Material costs
Patient Care	$	70,976	$	59,922
Products & Services	69,291		62,295
Corporate & other	—		—
Consolidating adjustments	(54,675)		(47,047)
Consolidated material costs	$	85,592	$	75,170