XML 22 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 509,626 $ 316,270
Accounts receivable—less allowance for doubtful accounts of $9,348 and $7,802 at December 31, 2023 and 2022, respectively 485,039 408,432
Investments—current 17,229 15,441
Prepaid expenses and other current assets 35,036 40,982
Total current assets 1,046,930 781,125
Property and equipment, net 1,090,771 992,010
Right-of-use assets 1,756,430 1,450,995
Insurance subsidiary deposits and investments 92,687 67,652
Deferred tax assets 67,124 39,643
Restricted and other assets 40,205 37,291
Intangible assets, net 6,525 6,437
Goodwill 76,869 76,869
TOTAL ASSETS 4,177,541 3,452,022
Current liabilities:    
Accounts payable 92,811 77,087
Accrued wages and related liabilities 332,568 289,810
Lease liabilities—current 82,526 65,796
Accrued self-insurance liabilities—current 54,664 48,187
Other accrued liabilities 168,228 97,309
Current maturities of long-term debt 3,950 3,883
Total current liabilities 734,747 582,072
Long-term debt—less current maturities 145,497 149,269
Long-term lease liabilities—less current portion 1,639,326 1,355,113
Accrued self-insurance liabilities—less current portion 111,246 83,495
Other long-term liabilities 49,408 33,273
TOTAL LIABILITIES 2,680,224 2,203,222
Commitments and contingencies (Notes 15 and 20)
Ensign Group, Inc. stockholders' equity:    
Common stock: $0.001 par value; 150,000, 59,987 and 56,597 shares authorized, shares issued and shares outstanding at December 31, 2023, respectively, and 100,000, 59,029 and 55,661 shares authorized, shares issued and shares outstanding at December 31, 2022, respectively 60 59
Additional paid-in capital 465,707 415,560
Retained earnings 1,142,653 946,339
Common stock in treasury, at cost, 3,390 and 3,368 shares at December 31, 2023 and 2022, respectively (116,555) (114,626)
Total Ensign Group, Inc. stockholders' equity 1,491,865 1,247,332
Non-controlling interest 5,452 1,468
Total equity 1,497,317 1,248,800
TOTAL LIABILITIES AND EQUITY $ 4,177,541 $ 3,452,022