SEC Filings

8-K
ENVISION HEALTHCARE CORP filed this Form 8-K on 10/31/2017
Entire Document
 
Envision Healthcare Reports 2017 Third Quarter Financial Results
 
Page 11
 
 
October 31, 2017
 
 



Envision Healthcare Corporation
Unaudited Selected Consolidated Financial and Operating Data, continued
(Dollars in millions, shares in thousands)
 
September 30,
 
December 31,
Balance Sheet Data:
2017
 
2016
Assets
 
 
 
Current assets:
 
 
 
Cash and cash equivalents
$
278.1

 
$
316.9

Insurance collateral
102.5

 
87.0

Accounts receivable, net of allowance of $2,477.8 and $584.0, respectively
1,378.6

 
1,297.8

Supplies inventory
22.9

 
23.4

Prepaid and other current assets
144.4

 
135.1

Current assets held for sale
3,296.4

 
551.1

Total current assets
5,222.9


2,411.3

Property and equipment, net
298.8

 
300.8

Investments in unconsolidated affiliates
135.0

 
114.7

Goodwill
8,101.2

 
7,584.0

Intangible assets, net
3,687.7

 
3,675.5

Other assets
146.3

 
134.2

Noncurrent assets held for sale

 
2,488.4

Total assets
$
17,591.9

 
$
16,708.9

Liabilities and Equity
 
 
 
Current liabilities:
 
 
 
Current portion of long-term debt
$
52.5

 
$
46.6

Accounts payable
59.6

 
69.9

Accrued salaries and benefits
498.9

 
483.8

Accrued interest
35.1

 
51.4

Other accrued liabilities
290.2

 
253.2

Current liabilities held for sale
797.0

 
249.4

Total current liabilities
1,733.3


1,154.3

Long-term debt, net of deferred financing costs of $101.7 and $111.0, respectively
6,270.7

 
5,790.2

Deferred income taxes
1,887.4

 
1,343.7

Insurance reserves
308.6

 
278.9

Other long-term liabilities
149.5

 
102.4

Noncurrent liabilities held for sale

 
468.6

Commitments and contingencies
 
 
 
Noncontrolling interests – redeemable
185.1

 
182.9

Equity:
 
 
 
Preferred stock, $0.01 par value, 100,000 shares authorized, 0 and 1,725 shares issued and outstanding, respectively

 
0.1

Common stock, $0.01 par value, 1,000,000 shares authorized, 120,889 and 117,478 shares issued and outstanding, respectively
1.2

 
1.2

Additional paid-in capital
6,000.3

 
5,976.3

Retained earnings
388.6

 
753.7

Accumulated other comprehensive income (loss)
1.1

 
(0.2
)
Total Envision Healthcare Corporation equity
6,391.2

 
6,731.1

Noncontrolling interests – non-redeemable
666.1

 
656.8

Total equity
7,057.3

 
7,387.9

Total liabilities and equity
$
17,591.9

 
$
16,708.9



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