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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUE      
Service fee revenue, net of contractual allowances and discounts $ 1,028,236 $ 868,741  
Service fee revenue     $ 810,623
Total revenue 1,154,179 975,146 922,186
OPERATING EXPENSES      
Cost of operations, excluding depreciation and amortization 999,692 867,547 802,377
Depreciation and amortization 80,607 72,899 66,796
Loss (gain) on sale and disposal of equipment and other 2,383 (2,054) 1,142
Loss on impairment 0 3,937 0
Severance costs 1,619 1,931 1,821
Total operating expenses 1,084,301 944,260 872,136
INCOME FROM OPERATIONS 69,878 30,886 50,050
OTHER INCOME AND EXPENSES      
Interest expense 48,044 43,456 40,623
Equity in earnings of joint ventures (8,350) (11,377) (13,554)
Gain on re-measurement of pre-existing interest (768) (39,539) 0
Gain on sale of imaging centers and medical practice 0 0 (3,146)
Other expenses (income) 1,283 (181) (258)
Total other expenses (income) 40,209 (7,641) 23,665
INCOME BEFORE INCOME TAXES 29,669 38,527 26,385
Provision for income taxes (6,229) (394) (24,310)
NET INCOME 23,440 38,133 2,075
Net income attributable to noncontrolling interests 8,684 5,890 2,022
NET INCOME ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 14,756 $ 32,243 $ 53
BASIC NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share) $ 0.30 $ 0.67 $ 0
DILUTED NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share) $ 0.29 $ 0.66 $ 0
Weighted average shares outstanding, basic (in shares) 49,674,858 48,114,275 46,880,775
Weighted average shares outstanding, diluted (in shares) 50,244,006 48,678,999 47,401,921
Health Care, Patient Service      
REVENUE      
Service fee revenue, net of contractual allowances and discounts $ 1,028,236 $ 868,741 $ 857,178
Provision for bad debts     (46,555)
Revenue under capitation arrangements      
REVENUE      
Service fee revenue, net of contractual allowances and discounts $ 125,943 $ 106,405 $ 111,563