XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Dialysis patient service revenues $ 2,758,197 $ 2,723,816 $ 5,471,478 $ 5,353,505
Other revenues 121,782 118,889 249,738 232,312
Total revenues 2,879,979 2,842,705 5,721,216 5,585,817
Operating expenses and charges:        
Patient care costs 1,984,564 1,957,753 3,960,013 3,922,688
General and administrative 316,209 275,338 579,785 526,151
Depreciation and amortization 157,376 152,242 312,055 300,770
Equity investment income (4,342) (4,514) (22,185) (7,222)
Loss on changes in ownership interest, net 16,252 0 16,252 0
Goodwill impairment charges 0 0 0 41,037
Total operating expenses and charges 2,470,059 2,380,819 4,845,920 4,783,424
Operating income 409,920 461,886 875,296 802,393
Debt expense (81,381) (131,666) (169,984) (263,185)
Debt prepayment charges 0 12,160 2,948 12,160
Other income, net 9,545 5,643 5,195 12,583
Income from continuing operations before income taxes 338,084 323,703 707,559 539,631
Income tax expense 83,212 75,938 174,772 132,684
Net income from continuing operations 254,872 247,765 532,787 406,947
Net income from discontinued operations, net of tax 0 79,392 9,980 109,697
Net income 254,872 327,157 542,767 516,644
Less: Net income attributable to noncontrolling interests (53,270) (53,606) (101,572) (93,804)
Net income attributable to DaVita Inc. $ 201,602 $ 273,551 $ 441,195 $ 422,840
Earnings per share attributable to DaVita Inc.:        
Basic net income from continuing operations per share $ 1.65 $ 1.17 $ 3.49 $ 1.89
Basic net income per share 1.65 1.64 3.57 2.54
Diluted net income from continuing operations per share 1.62 1.16 3.44 1.89
Diluted net income per share $ 1.62 $ 1.64 $ 3.52 $ 2.54
Weighted average shares for earnings per share:        
Basic (in shares) 122,074,452 166,346,041 123,485,412 166,366,886
Diluted (in shares) 124,068,278 166,799,525 125,478,913 166,789,978
Amounts attributable to DaVita Inc.:        
Net income from continuing operations $ 201,602 $ 194,223 $ 431,215 $ 314,477
Net income from discontinued operations 0 79,328 9,980 108,363
Net income attributable to DaVita Inc. $ 201,602 $ 273,551 $ 441,195 $ 422,840