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 Nine Months Ended September 30, 2016 (In millions)
 
Parent Issuer
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Consolidating Adjustments
 
Total Consolidated
Net revenue
$
24.2

 
$
795.0

 
$
1,527.2

 
$
(41.0
)
 
$
2,305.4

Operating expenses:
 
 
 
 
 
 
 
 
 
Salaries and benefits
66.4

 
605.9

 
609.6

 
(0.4
)
 
1,281.5

Supply cost

 
2.6

 
142.1

 
(0.1
)
 
144.6

Insurance expense
0.4

 
27.1

 
28.5

 

 
56.0

Other operating expenses
19.7

 
22.7

 
269.6

 
(40.5
)
 
271.5

Transaction and integration costs
10.3

 
13.1

 

 

 
23.4

Depreciation and amortization
3.3

 
58.8

 
28.6

 

 
90.7

Total operating expenses
100.1

 
730.2

 
1,078.4

 
(41.0
)
 
1,867.7

Net gain on disposals and deconsolidations

 
6.5

 
0.2

 

 
6.7

Equity in earnings of unconsolidated affiliates
236.8

 
271.3

 

 
(489.7
)
 
18.4

Operating income
160.9

 
342.6

 
449.0

 
(489.7
)
 
462.8

Interest expense (income)
(14.0
)
 
81.4

 
28.2

 

 
95.6

Earnings before income taxes
174.9

 
261.2

 
420.8

 
(489.7
)
 
367.2

Income tax expense
58.0

 
24.4

 
1.4

 

 
83.8

Net earnings from continuing operations
116.9

 
236.8

 
419.4

 
(489.7
)
 
283.4

Less net earnings attributable to noncontrolling interests

 

 
166.5

 

 
166.5

Net earnings attributable to Envision Healthcare Corporation stockholders
116.9

 
236.8

 
252.9

 
(489.7
)
 
116.9

Preferred stock dividends
(6.8
)
 

 

 

 
(6.8
)
Net earnings attributable to Envision Healthcare Corporation common stockholders
$
110.1

 
$
236.8

 
$
252.9

 
$
(489.7
)
 
$
110.1

 
 
 
 
 
 
 
 
 
 
Comprehensive income attributable to Envision Healthcare Corporation
$
116.9

 
$
236.8

 
$
252.9

 
$
(489.7
)
 
$
116.9




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