XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Dialysis patient service revenues $ 2,890,685 $ 2,810,099 $ 5,650,719 $ 5,526,380
Other revenues 109,684 116,658 222,349 217,932
Total revenues 3,000,369 2,926,757 5,873,068 5,744,312
Operating expenses:        
Patient care costs 2,055,844 2,016,788 4,114,033 4,035,317
General and administrative 364,016 315,219 695,630 610,039
Depreciation and amortization 183,672 171,176 361,743 344,120
Equity investment income, net (8,454) (9,141) (15,274) (16,187)
Total operating expenses 2,595,078 2,494,042 5,156,132 4,973,289
Operating income 405,291 432,715 716,936 771,023
Debt expense (103,507) (82,586) (204,281) (156,377)
Debt prepayment and refinancing charges 7,962 0 7,962 0
Other income (loss), net 1,373 (1,284) 5,125 (3,070)
Income before income taxes 295,195 348,845 509,818 611,576
Income tax expense 48,818 64,229 92,773 121,242
Net income 246,377 284,616 417,045 490,334
Less: Net income attributable to noncontrolling interests (67,686) (59,807) (122,807) (103,403)
Net income attributable to DaVita Inc. $ 178,691 $ 224,809 $ 294,238 $ 386,931
Earnings per share attributable to DaVita Inc.:        
Basic net income $ 1.96 $ 2.38 $ 3.24 $ 4.06
Diluted net income $ 1.91 $ 2.30 $ 3.17 $ 3.90
Weighted average shares for earnings per share:        
Basic shares 90,984,000 94,457,000 90,742,000 95,382,000
Diluted shares 93,418,000 97,772,000 92,952,000 99,121,000