Acquisitions and discontinued operations (Tables)

12 Months Ended

Dec. 31, 2013

The following is a summary of HCP’s purchase accounting adjustments recorded in 2013 applied retrospectively to the December 31, 2012 balance sheet and primarily relate to adjustments to medical claims reserves, noncontrolling interests and income taxes:


	Adjustments to the December 31, 2012 balance sheet
Accounts receivable	$	3,000
Medical payables	$	7,000
Other liabilities	$	(5,251	)
Noncontrolling interest	$	11,123
Goodwill	$	(12,219	)
Deferred income taxes	$	(544	)
Income tax payable	$	(3,109	)

Pro Forma Summary of Results of Operations

The following summary, prepared on a pro forma basis, combines the results of operations as if all acquisitions and divestitures in 2013 and 2012 had been consummated as of the beginning of 2012, after including the impact of certain adjustments such as amortization of intangibles, interest expense on acquisition financing and income tax effects.


	Year ended December 31,
	2013		2012
	(unaudited)
Pro forma net revenues	$	11,890,346	$	10,875,475
Pro forma net income attributable to DaVita HealthCare Partners Inc.		1,009,166		787,403
Pro forma income from continuing operations attributable to DaVita HealthCare Partners Inc.		1,009,305		787,625
Pro forma basic net income per share attributable to DaVita HealthCare Partners Inc.		4.81		4.10
Pro forma diluted net income per share attributable to DaVita HealthCare Partners Inc.		4.70		4.02

HealthCare Partners (HCP)

Aggregate Purchase Cost Allocations

The following table summarizes the initial assets acquired and liabilities assumed in this transaction and recognized at the acquisition date at their estimated fair values at that date:


Current assets, net of cash acquired	$	321,235
Property and equipment		102,382
Intangible assets		1,882,818
Other long-term assets		100,143
Goodwill		3,496,713
Current liabilities assumed		(559,180	)
Other long-term liabilities		(169,015	)
Long-term deferred income taxes		(184,015	)
Noncontrolling interests		(29,850	)

	$	4,961,231

CDSI I Holding Company, Inc

Aggregate Purchase Cost Allocations

The following table summarizes the assets acquired and liabilities assumed in the above described transactions and recognized at their acquisition dates at estimated fair values, as well as the estimated fair value of the noncontrolling interests assumed in these transactions:


	Year ended December 31,
	2013			2012			2011
Current assets	$	7,215		$	18,708		$	171,619
Property and equipment		23,760			41,741			90,107
Amortizable intangible and other long-term assets		80,646			90,296			28,557
Goodwill		271,267			554,685			889,506
Long-term deferred income taxes		(5,666	)		(1,838	)		79,420
Noncontrolling interests assumed		(22,880	)		(21,962	)		(93,921	)
Liabilities assumed		(19,265	)		(27,211	)		(68,836	)

Aggregate purchase cost	$	335,077		$	654,419		$	1,096,452

HomeChoice Partners

Results from Discontinued Operations

The results from discontinued operations related to HomeChoice were as follows:


	Year ended December 31,
	2013			2012			2011
Net revenues	$	6,351		$	67,990		$	60,174

Loss before income taxes		(223	)		(304	)		(23,931	)
Income tax benefit		(84	)		(82	)		(9,548	)

Loss from discontinued operations	$	(139	)	$	(222	)	$	(14,383	)

Net Assets of Discontinued Operations

Net assets of discontinued operations related to HomeChoice as of February 1, 2013, were as follows:


Current assets	$	17,039
Property and equipment, net		2,963
Long-term assets		28
Goodwill		31,853
Liabilities and noncontrolling interests		(8,998	)

Net assets from discontinued operations	$	42,885

Dialysis And Related Lab Services

Results from Discontinued Operations

The results from discontinued operations related to the DSI acquisition were as follows:


	Year ended December 31,
	2013		2012		2011
Net revenues	$	—	$	—	$	16,648

Income before income taxes		—		—		1,896
Income tax expense		—		—		675

Income from discontinued operations	$	—	$	—	$	1,221

Net Assets of Discontinued Operations

Net assets of discontinued operations related to the DSI acquisition as of September 30, 2011, were as follows:


Current assets	$	71,384
Property and equipment, net		5,183
Goodwill		7,999
Liabilities and noncontrolling interests		(836	)

Net assets from discontinued operations	$	83,730