SEC Filings

10-Q
ENVISION HEALTHCARE CORP filed this Form 10-Q on 11/03/2017
Entire Document
 
Item 1. Financial Statements - (continued)

Condensed Consolidating Statement of Operations - For the Three Months Ended September 30, 2016 (In millions)
 
Parent Issuer
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidating Adjustments
 
Total Consolidated
Net revenue
$
8.4

 
$
279.0

 
$
549.3

 
$
(14.5
)
 
$
822.2

Operating expenses:
 
 
 
 
 
 
 
 
 
Salaries and benefits
20.1

 
210.9

 
233.0

 
(0.1
)
 
463.9

Supply cost

 
0.9

 
47.1

 
(0.1
)
 
47.9

Insurance expense

 
8.0

 
11.2

 

 
19.2

Other operating expenses
6.5

 
5.5

 
95.4

 
(14.3
)
 
93.1

Transaction and integration costs
8.0

 
8.9

 

 

 
16.9

Depreciation and amortization
1.1

 
20.7

 
9.8

 

 
31.6

Total operating expenses
35.7

 
254.9

 
396.5

 
(14.5
)
 
672.6

Net gain on disposals and deconsolidations

 
3.6

 
0.5

 

 
4.1

Equity in earnings of unconsolidated affiliates
79.7

 
86.6

 

 
(161.9
)
 
4.4

Operating income
52.4

 
114.3

 
153.3

 
(161.9
)
 
158.1

Interest expense (income)
(7.0
)
 
24.9

 
15.0

 

 
32.9

Earnings before income taxes
59.4

 
89.4

 
138.3

 
(161.9
)
 
125.2

Income tax expense
19.4

 
9.7

 
0.5

 

 
29.6

Net earnings from continuing operations
40.0

 
79.7

 
137.8

 
(161.9
)
 
95.6

Less net earnings attributable to noncontrolling interests

 

 
55.6

 

 
55.6

Net earnings attributable to Envision Healthcare Corporation stockholders
40.0

 
79.7

 
82.2

 
(161.9
)
 
40.0

Preferred stock dividends
(2.3
)
 

 

 

 
(2.3
)
Net earnings attributable to Envision Healthcare Corporation common stockholders
$
37.7

 
$
79.7

 
$
82.2

 
$
(161.9
)
 
$
37.7

 
 
 
 
 
 
 
 
 
 
Comprehensive income attributable to Envision Healthcare Corporation
$
40.0

 
$
79.7

 
$
82.2

 
$
(161.9
)
 
$
40.0



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