SEC Filings

10-Q
ENVISION HEALTHCARE CORP filed this Form 10-Q on 08/08/2017
Entire Document
 
Item 1. Financial Statements - (continued)

Condensed Consolidating Statement of Operations - For the Three Months Ended June 30, 2016 (In millions)
 
Parent Issuer
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidating Adjustments
 
Total Consolidated
Net revenue
$
7.3

 
$
264.3

 
$
500.4

 
$
(13.5
)
 
$
758.5

Operating expenses:
 
 
 
 
 
 
 
 
 
Salaries and benefits
22.3

 
196.6

 
187.4

 
(0.2
)
 
406.1

Supply cost

 
0.9

 
48.8

 

 
49.7

Insurance expense
0.2

 
9.2

 
9.7

 

 
19.1

Other operating expenses
5.9

 
8.5

 
88.9

 
(13.3
)
 
90.0

Transaction and integration costs
2.1

 
3.0

 

 

 
5.1

Depreciation and amortization
1.1

 
19.4

 
9.6

 

 
30.1

Total operating expenses
31.6

 
237.6

 
344.4

 
(13.5
)
 
600.1

Net gain (loss) on disposals and deconsolidations

 
2.9

 
(0.3
)
 

 
2.6

Equity in earnings of unconsolidated affiliates
88.1

 
98.9

 

 
(179.6
)
 
7.4

Operating income
63.8

 
128.5

 
155.7

 
(179.6
)
 
168.4

Interest expense (income)
(4.2
)
 
29.5

 
6.6

 

 
31.9

Earnings before income taxes
68.0

 
99.0

 
149.1

 
(179.6
)
 
136.5

Income tax expense
22.0

 
10.9

 
0.5

 

 
33.4

Net earnings from continuing operations
46.0

 
88.1

 
148.6

 
(179.6
)
 
103.1

Less net earnings attributable to noncontrolling interests

 

 
57.1

 

 
57.1

Net earnings attributable to Envision Healthcare Corporation stockholders
46.0

 
88.1

 
91.5

 
(179.6
)
 
46.0

Preferred stock dividends
(2.2
)
 

 

 

 
(2.2
)
Net earnings attributable to Envision Healthcare Corporation common stockholders
$
43.8

 
$
88.1

 
$
91.5

 
$
(179.6
)
 
$
43.8

 
 
 
 
 
 
 
 
 
 
Comprehensive income attributable to Envision Healthcare Corporation
$
46.0

 
$
88.1

 
$
91.5

 
$
(179.6
)
 
$
46.0



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