XML 17 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net operating revenues $ 3,971.4 $ 3,707.2 $ 3,162.9
Less: Provision for doubtful accounts (52.4) (61.2) (47.2)
Net operating revenues less provision for doubtful accounts 3,919.0 3,646.0 3,115.7
Operating expenses:      
Salaries and benefits 2,154.6 1,985.9 1,670.8
Other operating expenses 536.7 492.1 432.1
Occupancy costs 73.5 71.3 53.9
Supplies 149.3 140.0 128.7
General and administrative expenses 171.7 133.4 133.3
Depreciation and amortization 183.8 172.6 139.7
Government, class action, and related settlements 0.0 0.0 7.5
Professional fees—accounting, tax, and legal 0.0 1.9 3.0
Total operating expenses 3,269.6 2,997.2 2,569.0
Loss on early extinguishment of debt 10.7 7.4 22.4
Interest expense and amortization of debt discounts and fees 154.4 172.1 142.9
Other income (4.1) (2.9) (5.5)
Equity in net income of nonconsolidated affiliates (8.0) (9.8) (8.7)
Income from continuing operations before income tax expense 496.4 482.0 395.6
Provision for income tax expense 160.6 163.9 141.9
Income from continuing operations 335.8 318.1 253.7
Loss from discontinued operations, net of tax (0.4) 0.0 (0.9)
Net income 335.4 318.1 252.8
Less: Net income attributable to noncontrolling interests (79.1) (70.5) (69.7)
Net income attributable to Encompass Health 256.3 247.6 183.1
Less: Convertible perpetual preferred stock dividends 0.0 0.0 (1.6)
Net income attributable to Encompass Health common shareholders $ 256.3 $ 247.6 $ 181.5
Weighted average common shares outstanding:      
Basic (shares) 93.7 89.1 89.4
Diluted (shares) 99.3 99.5 101.0
Basic earnings per share attributable to Encompass Health common shareholders:      
Continuing operations (in dollars per share) $ 2.73 $ 2.77 $ 2.03
Discontinued Operations (in dollars per share) 0.00 0.00 (0.01)
Net income (in dollars per share) 2.73 2.77 2.02
Diluted earnings per share attributable to Encompass Health common shareholders:      
Continuing operations (in dollars per share) 2.69 2.59 1.92
Discontinued operations (in dollars per share) 0.00 0.00 (0.01)
Net income (in dollars per share) 2.69 2.59 1.91
Cash dividends per common share (in dollars per share) $ 0.98 $ 0.94 $ 0.88
Amounts attributable to Encompass Health common shareholders:      
Income from continuing operations $ 256.7 $ 247.6 $ 184.0
Loss from discontinued operations, net of tax (0.4) 0.0 (0.9)
Net income attributable to Encompass Health $ 256.3 $ 247.6 $ 183.1