XML 21 R3.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Dialysis patient service revenues $ 11,176,464 $ 11,213,515 $ 11,026,251
Other revenues 433,430 405,282 524,353
Total revenues 11,609,894 11,618,797 11,550,604
Operating expenses:      
Patient care costs 8,209,553 7,972,414 7,988,613
General and administrative 1,355,197 1,195,335 1,247,584
Depreciation and amortization 732,602 680,615 630,435
Equity investment income, net (26,520) (26,937) (26,916)
Loss on changes in ownership interest, net 0 0 16,252
Total operating expenses 10,270,832 9,821,427 9,855,968
Operating income 1,339,062 1,797,370 1,694,636
Debt expense (357,019) (285,254) (304,111)
Debt prepayment, refinancing and redemption charges 0 0 (89,022)
Other (loss) income, net (15,765) 6,378 16,759
Income from continuing operations before income taxes 966,278 1,518,494 1,318,262
Income tax expense 198,087 306,732 313,932
Net income from continuing operations 768,191 1,211,762 1,004,330
Net income (loss) from discontinued operations, net of tax 13,452 0 (9,653)
Net income 781,643 1,211,762 994,677
Less: Net income attributable to noncontrolling interests (221,243) (233,312) (221,035)
Net income attributable to DaVita Inc. $ 560,400 $ 978,450 $ 773,642
Earnings per share attributable to DaVita Inc.:      
Basic net income from continuing operations (in usd per share) $ 5.88 $ 9.30 $ 6.54
Basic net income (in usd per share) 6.03 9.30 6.46
Diluted net income from continuing operations (in usd per share) 5.71 8.90 6.39
Diluted net income (in usd per share) $ 5.85 $ 8.90 $ 6.31
Weighted average shares for earnings per share:      
Basic shares (in shares) 92,992,000 105,230,000 119,797,000
Diluted shares (in shares) 95,834,000 109,948,000 122,623,000
Amounts attributable to DaVita Inc.:      
Net income from continuing operations $ 546,948 $ 978,450 $ 783,295
Net income (loss) from discontinued operations 13,452 0 (9,653)
Net income attributable to DaVita Inc. $ 560,400 $ 978,450 $ 773,642