XML 60 R45.htm IDEA: XBRL DOCUMENT v3.20.4

Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Selected Financial Information of Reportable Segments

Selected financial information for our reportable segments is as follows (in millions):

			Inpatient Rehabilitation																		Home Health and Hospice
			For the Year Ended December 31,																		For the Year Ended December 31,
			2020						2019						2018						2020						2019						2018
Net operating revenues			$	3,566.2					$	3,513.0					$	3,346.2					$	1,078.2					$	1,092.0					$	931.1
Operating expenses:
Inpatient rehabilitation:
Salaries and benefits			1,903.8						1,813.1						1,701.5						—						—						—
Other operating expenses			534.7						521.9						502.3						—						—						—
Supplies			171.0						147.0						140.6						—						—						—
Occupancy costs			61.4						64.8						63.8						—						—						—
Home health and hospice:
Cost of services sold (excluding depreciation and amortization)			—						—						—						511.3						506.2						438.4
Support and overhead costs			—						—						—						402.8						381.7						323.5
			2,670.9						2,546.8						2,408.2						914.1						887.9						761.9
Other income			(8.0)						(10.5)						(3.6)						—						—						(0.5)
Equity in net income of nonconsolidated affiliates			(3.0)						(5.5)						(7.5)						(0.5)						(1.2)						(1.2)
Noncontrolling interests			83.3						82.6						77.2						1.3						9.5						8.5
Segment Adjusted EBITDA			$	823.0					$	899.6					$	871.9					$	163.3					$	195.8					$	162.4
Capital expenditures			$	404.6					$	391.4					$	264.6					$	3.6					$	12.7					$	11.6

Reconciliation of Assets from Segment to Consolidated

			Inpatient Rehabilitation						Home Health and Hospice						Encompass Health Consolidated
As of December 31, 2020
Total assets			$	4,834.7					$	1,611.2					$	6,445.9
Investments in and advances to nonconsolidated affiliates			1.5						4.0						5.5
As of December 31, 2019
Total assets			$	4,501.4					$	1,612.8					$	6,080.7
Investments in and advances to nonconsolidated affiliates			2.0						5.4						7.4

			As of December 31, 2020						As of December 31, 2019
Total assets for reportable segments			$	6,445.9					$	6,114.2
Reclassification of noncurrent deferred income tax liabilities to net noncurrent deferred income tax assets			—						(33.5)
Total consolidated assets			$	6,445.9					$	6,080.7

Reconciliation of Segment Adjusted EBITDA to Income from Continuing Operations Before Income Tax Expense

Segment reconciliations (in millions):

			For the Year Ended December 31,
			2020						2019						2018
Total Segment Adjusted EBITDA			$	986.3					$	1,095.4					$	1,034.3
General and administrative expenses			(155.5)						(247.0)						(220.2)
Depreciation and amortization			(243.0)						(218.7)						(199.7)
Loss on disposal or impairment of assets			(11.6)						(11.1)						(5.7)
Government, class action, and related settlements			(2.8)						—						(52.0)
Loss on early extinguishment of debt			(2.3)						(7.7)						—
Interest expense and amortization of debt discounts and fees			(184.2)						(159.7)						(147.3)
Net income attributable to noncontrolling interests			84.6						87.1						83.1
SARs mark-to-market impact on noncontrolling interests			—						5.0						2.6
Change in fair market value of equity securities			0.4						0.8						(1.9)
Gain on consolidation of joint venture formerly accounted for under the equity method of accounting			2.2						19.2						—
Payroll taxes on SARs exercise			(1.5)						(1.0)						—
Income from continuing operations before income tax expense			$	472.6					$	562.3					$	493.2

Reconciliation of Revenue from Segments to Consolidated

Additional detail regarding the revenues of our operating segments by service line follows (in millions):

			For the Year Ended December 31,
			2020						2019						2018
Inpatient rehabilitation:
Inpatient			$	3,496.1					$	3,423.5					$	3,247.9
Outpatient and other			70.1						89.5						98.3
Total inpatient rehabilitation			3,566.2						3,513.0						3,346.2
Home health and hospice:
Home health			877.6						918.0						814.6
Hospice			200.6						174.0						116.5
Total home health and hospice			1,078.2						1,092.0						931.1
Total net operating revenues			$	4,644.4					$	4,605.0					$	4,277.3

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration