XML 30 R12.htm IDEA: XBRL DOCUMENT
v3.22.4

Segments and Nature of the Business | 12 Months Ended
--- | ---
Dec. 31, 2022
Segments and Nature of the Business [Abstract] |
Segments and Nature of the Business | 5. Segments and Nature of the Business Our segments include the VITAS segment and the Roto-Rooter segment. Relative contributions of each segment to service revenues and sales were 56% and 44% in 2022, 59% and 41% in 2021 and 64% and 36% in 2020. The vast majority of our service revenues and sales from continuing operations are generated from business within the United States. Service revenues and sales by business segment are shown in Note 2. The reportable segments have been defined along service lines, which is consistent with the way the businesses are managed. In determining reportable segments, the RRSC and RRC operating units of the Roto-Rooter segment have been aggregated on the basis of possessing similar operating and economic characteristics. The characteristics of these operating segments and the basis for aggregation are reviewed annually. We report corporate administrative expenses and unallocated investing and financing income and expense not directly related to either segment as “Corporate”. Corporate administrative expense includes the stewardship, accounting and reporting, legal, tax and other costs of operating a publicly held corporation. Corporate investing and financing income and expenses include the costs and income associated with corporate debt and investment arrangements. Segment data are set forth below (in thousands):
|  | For the Years Ended December 31,
|  | 2022 |  |  | 2021 |  |  | 2020
After-tax Segment Earnings/(Loss) |  |  |  |  |  |  |  |
VITAS | $ | 131,452 |  | $ | 162,431 |  | $ | 238,782
Roto-Rooter |  | 186,120 |  |  | 166,333 |  |  | 120,394
Total |  | 317,572 |  |  | 328,764 |  |  | 359,176
Corporate |  | (67,948) |  |  | (60,214) |  |  | (39,710)
Net income | $ | 249,624 |  | $ | 268,550 |  | $ | 319,466
Interest Income |  |  |  |  |  |  |  |
VITAS | $ | 19,119 |  | $ | 18,378 |  | $ | 20,565
Roto-Rooter |  | 9,483 |  |  | 7,304 |  |  | 6,332
Total |  | 28,602 |  |  | 25,682 |  |  | 26,897
Corporate |  | (1) |  |  | - |  |  | 13
Intercompany eliminations |  | (28,246) |  |  | (25,305) |  |  | (26,153)
Total interest income | $ | 355 |  | $ | 377 |  | $ | 757
Interest Expense |  |  |  |  |  |  |  |
VITAS | $ | 172 |  | $ | 160 |  | $ | 166
Roto-Rooter |  | 396 |  |  | 595 |  |  | 340
Total |  | 568 |  |  | 755 |  |  | 506
Corporate |  | 4,016 |  |  | 1,113 |  |  | 1,849
Total interest expense | $ | 4,584 |  | $ | 1,868 |  | $ | 2,355
Income Tax Provision |  |  |  |  |  |  |  |
VITAS | $ | 43,000 |  | $ | 52,426 |  | $ | 76,473
Roto-Rooter |  | 58,695 |  |  | 51,420 |  |  | 37,038
Total |  | 101,695 |  |  | 103,846 |  |  | 113,511
Corporate |  | (21,640) |  |  | (22,082) |  |  | (36,987)
Total income tax provision | $ | 80,055 |  | $ | 81,764 |  | $ | 76,524
Identifiable Assets |  |  |  |  |  |  |  |
VITAS | $ | 750,483 |  | $ | 693,490 |  | $ | 672,246
Roto-Rooter |  | 512,424 |  |  | 513,191 |  |  | 499,101
Total |  | 1,262,907 |  |  | 1,206,681 |  |  | 1,171,347
Corporate |  | 179,105 |  |  | 136,042 |  |  | 263,564
Total identifiable assets | $ | 1,442,012 |  | $ | 1,342,723 |  | $ | 1,434,911
Additions to Long-Lived Assets |  |  |  |  |  |  |  |
VITAS | $ | 22,580 |  | $ | 28,583 |  | $ | 28,865
Roto-Rooter |  | 39,111 |  |  | 30,249 |  |  | 27,682
Total |  | 61,691 |  |  | 58,832 |  |  | 56,547
Corporate |  | 177 |  |  | 24 |  |  | 5,246
Total additions to long-lived assets | $ | 61,868 |  | $ | 58,856 |  | $ | 61,793
Depreciation and Amortization |  |  |  |  |  |  |  |
VITAS | $ | 22,056 |  | $ | 23,185 |  | $ | 22,239
Roto-Rooter |  | 37,044 |  |  | 35,785 |  |  | 34,208
Total |  | 59,100 |  |  | 58,970 |  |  | 56,447
Corporate |  | 72 |  |  | 81 |  |  | 136
Total depreciation and amortization | $ | 59,172 |  | $ | 59,051 |  | $ | 56,583

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration