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 Six Months Ended June 30, 2016 (In millions)
 
Parent Issuer
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidating Adjustments
 
Total Consolidated
Net revenue
$
15.8

 
$
516.0

 
$
977.9

 
$
(26.5
)
 
$
1,483.2

Operating expenses:
 
 
 
 
 
 
 
 
 
Salaries and benefits
46.3

 
395.0

 
376.6

 
(0.3
)
 
817.6

Supply cost

 
1.7

 
95.0

 

 
96.7

Insurance expense
0.4

 
19.1

 
17.3

 

 
36.8

Other operating expenses
13.2

 
17.2

 
174.2

 
(26.2
)
 
178.4

Transaction and integration costs
2.3

 
4.2

 

 

 
6.5

Depreciation and amortization
2.2

 
38.1

 
18.8

 

 
59.1

Total operating expenses
64.4

 
475.3

 
681.9

 
(26.5
)
 
1,195.1

Net gain (loss) on disposals and deconsolidations

 
2.9

 
(0.3
)
 

 
2.6

Equity in earnings of unconsolidated affiliates
157.1

 
184.7

 

 
(327.8
)
 
14.0

Operating income
108.5

 
228.3

 
295.7

 
(327.8
)
 
304.7

Interest expense (income)
(7.0
)
 
56.5

 
13.2

 

 
62.7

Earnings before income taxes
115.5

 
171.8

 
282.5

 
(327.8
)
 
242.0

Income tax expense
38.6

 
14.7

 
0.9

 

 
54.2

Net earnings from continuing operations
76.9

 
157.1

 
281.6

 
(327.8
)
 
187.8

Less net earnings attributable to noncontrolling interests

 

 
110.9

 

 
110.9

Net earnings attributable to Envision Healthcare Corporation stockholders
76.9

 
157.1

 
170.7

 
(327.8
)
 
76.9

Preferred stock dividends
(4.5
)
 

 

 

 
(4.5
)
Net earnings attributable to Envision Healthcare Corporation common stockholders
$
72.4

 
$
157.1

 
$
170.7

 
$
(327.8
)
 
$
72.4

 
 
 
 
 
 
 
 
 
 
Comprehensive income attributable to Envision Healthcare Corporation
$
76.9

 
$
157.1

 
$
170.7

 
$
(327.8
)
 
$
76.9




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