XML 61 R50.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidating Financial Statements - Cash Flows (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:        
Consolidated net income (loss) $ 1,372 $ (3,107) $ 31,111 $ (7,290)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Depreciation     51,535 53,089
Gain on legal settlement     (23,391)  
Intangible asset impairment charge 0 0 0 0
Amortization of intangibles, contract costs, deferred financing costs and bond premium     7,369 7,692
Provision for doubtful accounts     1,654 207
Provision for inventory obsolescence     (123) 322
Non-cash share-based compensation expense     2,260 2,336
Gain on sales and disposals of equipment     (1,906) (1,769)
Deferred income taxes     239 325
Interest on note receivable     (34) (20)
Changes in operating assets and liabilities:        
Accounts receivable     (9,183) (278)
Inventories     (1,374) 269
Other operating assets     202 147
Accounts payable     3,709 (2,259)
Other operating liabilities     (7,232) (19,037)
Net cash provided by operating activities     54,836 33,734
Cash flows from investing activities:        
Medical equipment purchases     (34,107) (34,552)
Property and office equipment purchases     (5,575) (4,722)
Proceeds from disposition of property and equipment     2,911 3,132
Issuance of note receivable from officer     (581) (936)
Acquisitions and refund of escrow       (1,896)
Net cash used in investing activities     (37,352) (38,974)
Cash flows from financing activities:        
Proceeds under senior secured credit facility     160,448 130,223
Payments under senior secured credit facility     (167,648) (112,942)
Payments of principal under capital lease obligations     (4,747) (4,915)
Holdback payment related to acquisition     (624)  
Distributions to noncontrolling interests     (301) (229)
Proceed from exercise of parent company stock options     340 66
Contribution from Parent       1,900
Shares forfeited for taxes     (1,149)  
Change in book overdrafts     (3,803) (8,863)
Net cash (used in) provided by financing activities     (17,484) 5,240
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 0 0
Consolidating Adjustments        
Cash flows from operating activities:        
Consolidated net income (loss) (1,271) (1,020) (3,699) (2,362)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Equity in earnings of subsidiary 1,271 1,020 3,699 2,362
Changes in operating assets and liabilities:        
Due from affiliates     (6,383) 4,418
Net cash provided by operating activities     (6,383) 4,418
Cash flows from financing activities:        
Due to affiliates     6,383 (4,418)
Net cash (used in) provided by financing activities     6,383 (4,418)
Parent Issuer UHS | Reportable Legal Entities        
Cash flows from operating activities:        
Consolidated net income (loss) 1,372 (3,107) 31,111 (7,290)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Depreciation     44,104 46,791
Gain on legal settlement     (23,391)  
Amortization of intangibles, contract costs, deferred financing costs and bond premium     3,595 3,841
Equity in earnings of subsidiary (1,271) (1,020) (3,699) (2,362)
Provision for doubtful accounts     1,485 221
Provision for inventory obsolescence     (65) 192
Non-cash share-based compensation expense     1,883 1,965
Gain on sales and disposals of equipment     (1,840) (1,827)
Deferred income taxes     786 1,308
Interest on note receivable     (34) (20)
Changes in operating assets and liabilities:        
Accounts receivable     (8,925) (807)
Due from affiliates     6,383 (4,418)
Inventories     (650) (97)
Other operating assets     104 451
Accounts payable     912 (1,230)
Other operating liabilities     (7,174) (17,667)
Net cash provided by operating activities     44,585 19,051
Cash flows from investing activities:        
Medical equipment purchases     (26,473) (28,024)
Property and office equipment purchases     (5,418) (4,558)
Proceeds from disposition of property and equipment     2,711 3,105
Issuance of note receivable from officer     (581) (936)
Acquisitions and refund of escrow       3,717
Net cash used in investing activities     (29,761) (26,696)
Cash flows from financing activities:        
Proceeds under senior secured credit facility     160,448 130,223
Payments under senior secured credit facility     (167,648) (112,942)
Payments of principal under capital lease obligations     (3,232) (3,734)
Proceed from exercise of parent company stock options     340 66
Contribution from Parent       1,900
Shares forfeited for taxes     (1,149)  
Change in book overdrafts     (3,583) (7,868)
Net cash (used in) provided by financing activities     (14,824) 7,645
Subsidiary Guarantors | Reportable Legal Entities        
Cash flows from operating activities:        
Consolidated net income (loss) $ 1,271 $ 1,020 3,699 2,362
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Depreciation     7,431 6,298
Amortization of intangibles, contract costs, deferred financing costs and bond premium     3,774 3,851
Provision for doubtful accounts     169 (14)
Provision for inventory obsolescence     (58) 130
Non-cash share-based compensation expense     377 371
Gain on sales and disposals of equipment     (66) 58
Deferred income taxes     (547) (983)
Changes in operating assets and liabilities:        
Accounts receivable     (258) 529
Inventories     (724) 366
Other operating assets     98 (304)
Accounts payable     2,797 (1,029)
Other operating liabilities     (58) (1,370)
Net cash provided by operating activities     16,634 10,265
Cash flows from investing activities:        
Medical equipment purchases     (7,634) (6,528)
Property and office equipment purchases     (157) (164)
Proceeds from disposition of property and equipment     200 27
Acquisitions and refund of escrow       (5,613)
Net cash used in investing activities     (7,591) (12,278)
Cash flows from financing activities:        
Payments of principal under capital lease obligations     (1,515) (1,181)
Holdback payment related to acquisition     (624)  
Distributions to noncontrolling interests     (301) (229)
Due to affiliates     (6,383) 4,418
Change in book overdrafts     (220) (995)
Net cash (used in) provided by financing activities     $ (9,043) $ 2,013