XML 64 R51.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidating Financial Statements - Cash Flows (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Consolidated net income (loss) $ 4,740 $ (1,890)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 16,571 17,894
Amortization of intangibles, contract costs, deferred financing costs and bond premium 2,524 3,107
Provision for doubtful accounts 222 220
Provision for inventory obsolescence 122 22
Non-cash share-based compensation expense 746 758
Gain on sales and disposals of equipment (379) (747)
Deferred income taxes 87 106
Interest on note receivable (9) (4)
Changes in operating assets and liabilities:    
Accounts receivable (6,629) 151
Inventories (606) 472
Other operating assets (809) (123)
Accounts payable 4,046 (3,064)
Other operating liabilities (19,187) (22,206)
Net cash provided by (used in) operating activities 1,439 (5,304)
Cash flows from investing activities:    
Medical equipment purchases (16,838) (17,476)
Property and office equipment purchases (2,104) (1,063)
Proceeds from disposition of property and equipment 785 1,402
Acquisitions and refund of escrow   3,691
Net cash used in investing activities (18,157) (13,446)
Cash flows from financing activities:    
Proceeds under senior secured credit facility 82,448 70,029
Payments under senior secured credit facility (60,848) (43,492)
Payments of principal under capital lease obligations (1,455) (1,667)
Distributions to noncontrolling interests (120) (77)
Proceed from exercise of parent company stock options 277 22
Change in book overdrafts (3,584) (6,065)
Net cash provided by financing activities 16,718 18,750
Net change in cash and cash equivalents 0 0
Cash and cash equivalents at the beginning of period 0 0
Cash and cash equivalents at the end of period 0 0
Consolidating Adjustments    
Cash flows from operating activities:    
Consolidated net income (loss) (1,119) (414)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Equity in earnings of subsidiary 1,119 414
Changes in operating assets and liabilities:    
Due from affiliates (2,153) 2,279
Net cash provided by (used in) operating activities (2,153) 2,279
Cash flows from financing activities:    
Due to affiliates 2,153 (2,279)
Net cash provided by financing activities 2,153 (2,279)
Parent Issuer UHS    
Cash flows from operating activities:    
Consolidated net income (loss) 4,740 (1,890)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 14,199 15,899
Amortization of intangibles, contract costs, deferred financing costs and bond premium 1,274 1,867
Equity in earnings of subsidiary (1,119) (414)
Provision for doubtful accounts 200 228
Provision for inventory obsolescence 26 23
Non-cash share-based compensation expense 622 638
Gain on sales and disposals of equipment (336) (712)
Deferred income taxes 123 308
Interest on note receivable (9) (4)
Changes in operating assets and liabilities:    
Accounts receivable (7,540) (1,164)
Due from affiliates 2,153 (2,279)
Inventories (272) (31)
Other operating assets (632) 168
Accounts payable 1,633 (1,768)
Other operating liabilities (18,809) (21,065)
Net cash provided by (used in) operating activities (3,747) (10,196)
Cash flows from investing activities:    
Medical equipment purchases (13,508) (13,704)
Property and office equipment purchases (2,054) (1,004)
Proceeds from disposition of property and equipment 630 1,340
Acquisitions and refund of escrow   3,691
Net cash used in investing activities (14,932) (9,677)
Cash flows from financing activities:    
Proceeds under senior secured credit facility 82,448 70,029
Payments under senior secured credit facility (60,848) (43,492)
Payments of principal under capital lease obligations (909) (1,258)
Proceed from exercise of parent company stock options 277 22
Change in book overdrafts (2,289) (5,428)
Net cash provided by financing activities 18,679 19,873
Subsidiary Guarantor    
Cash flows from operating activities:    
Consolidated net income (loss) 1,119 414
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 2,372 1,995
Amortization of intangibles, contract costs, deferred financing costs and bond premium 1,250 1,240
Provision for doubtful accounts 22 (8)
Provision for inventory obsolescence 96 (1)
Non-cash share-based compensation expense 124 120
Gain on sales and disposals of equipment (43) (35)
Deferred income taxes (36) (202)
Changes in operating assets and liabilities:    
Accounts receivable 911 1,315
Inventories (334) 503
Other operating assets (177) (291)
Accounts payable 2,413 (1,296)
Other operating liabilities (378) (1,141)
Net cash provided by (used in) operating activities 7,339 2,613
Cash flows from investing activities:    
Medical equipment purchases (3,330) (3,772)
Property and office equipment purchases (50) (59)
Proceeds from disposition of property and equipment 155 62
Net cash used in investing activities (3,225) (3,769)
Cash flows from financing activities:    
Payments of principal under capital lease obligations (546) (409)
Distributions to noncontrolling interests (120) (77)
Due to affiliates (2,153) 2,279
Change in book overdrafts (1,295) (637)
Net cash provided by financing activities $ (4,114) $ 1,156