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Acquisitions (Tables)
12 Months Ended 9 Months Ended
Dec. 31, 2011
Sep. 30, 2012
Surgical laser equipment service provider
Sep. 30, 2012
Florida-based laser surgical laser equipment service provider
Sep. 30, 2012
Surgical Services (previously, Emergent Group)
Acquisitions        
Schedule of purchase price allocation

 

 

(in thousands)
  April 1, 2011  

Cash and cash equivalents

  $ 1,480  

Accounts receivable

    4,517  

Deferred income taxes

    1.868  

Inventories

    1,222  

Other current assets

    1,403  

Medical equipment

    7,540  

Property and equipment

    234  

Intangible assets

    22,150  

Other assets

    79  
       

Total identifiable assets

    40,493  
       

Accounts payable

    1,972  

Accrued expenses

    1,905  

Other liabilites

    1,618  

Deferred income taxes

    9,523  

Capital leases

    4,763  
       

Total liabilities assumed

    19,781  
       

Net identifiable assets acquired

    20,712  

Non controlling interests

    (379 )

Goodwill

    39,686  
       

Net assets acquired

  $ 60,019  
       

        

 

 

(In millions)

 

July 9, 2012

 

Net working capital

 

$

0.6

 

Property and equipment

 

1.1

 

Goodwill

 

1.2

 

Intangible assets

 

2.4

 

Debt

 

(1.0

)

Total purchase price

 

$

4.3

 

 

 

(In millions)

 

January 3, 2012

 

Net working capital

 

$

0.4

 

Property and equipment

 

5.4

 

Goodwill

 

8.4

 

Intangible assets

 

5.3

 

Deferred tax liability

 

(3.4

)

Debt

 

(3.2

)

Total purchase price

 

$

12.9

 

 
Schedule of revenue and net income of acquiree included in consolidated statements of operations

 

 

(in thousands)
  Revenue and income included
in the consolidated statements
of operations from April 1,
2011 to December 31, 2011
 

Revenue

  $ 25,421  

Net income attributable to Universal Hospital Services, Inc. 

    (1,805 )

        

   

 

 

 

 

Revenue and income included in the Consolidated Statements of Operations
from:

 

(in thousands)

 

April 1, 2012 to
September 30, 2012

 

January 1, 2012 to
September 30, 2012

 

April 1, 2011 to
September 30, 2011

 

Revenue

 

$

25,804

 

$

37,645

 

$

16,461

 

Net income (loss) attributable to Surgical Services

 

$

(1,848

)

(1,940

)

603

 

Schedule of supplemental pro forma information

 

 

(in thousands)
  Year Ended
December 31, 2011
 

Pro forma consolidated results

       

Revenue

  $ 362,985  

Net loss attributable to Universal Hospital Services, Inc. 

    (20,339 )


 

(in thousands)
  Year Ended
December 31, 2010
 

Pro forma consolidated results

       

Revenue

  $ 341,717  

Net loss attributable to Universal Hospital Services, Inc. 

    (34,096 )

        

   

 

 

 

 

Nine Months Ended

 

(in thousands)

 

September 30, 2011

 

Revenue

 

$

267,043

 

Net loss attributable to Universal Hospital Services, Inc.

 

(16,027

)