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v3.25.1

Segments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Segments [Abstract] |
Segment Data |
|  |  |  |  |  |  |  | Reportable |  |  |  |  | Chemed
|  | VITAS |  | Roto-Rooter |  | Segments |  | Corporate |  | Consolidated
Service revenues and sales |  | $ | 407,400 |  | $ | 239,543 |  | $ | 646,943 |  | $ | - |  | $ | 646,943
Cost of services provided and goods sold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(excluding depreciation) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wages |  |  | 235,173 |  |  | 77,471 |  |  | 312,644 |  |  | - |  |  | 312,644
Patient care expense |  |  | 40,379 |  |  | - |  |  | 40,379 |  |  | - |  |  | 40,379
Other expenses |  |  | 37,255 |  |  | 40,252 |  |  | 77,507 |  |  | - |  |  | 77,507
Total cost of services provided and goods sold |  |  | 312,807 |  |  | 117,723 |  |  | 430,530 |  |  | - |  |  | 430,530
Selling, general and administrative expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wages |  |  | 17,527 |  |  | 21,187 |  |  | 38,714 |  |  | 4,731 |  |  | 43,445
Advertising |  |  | - |  |  | 18,169 |  |  | 18,169 |  |  | - |  |  | 18,169
Stock compensation |  |  | - |  |  | - |  |  | - |  |  | 11,748 |  |  | 11,748
Other expenses |  |  | 9,011 |  |  | 23,293 |  |  | 32,304 |  |  | (79) |  |  | 32,225
Total selling, general and administrative expense |  |  | 26,538 |  |  | 62,649 |  |  | 89,187 |  |  | 16,400 |  |  | 105,587
Depreciation |  |  | 5,196 |  |  | 8,237 |  |  | 13,433 |  |  | 12 |  |  | 13,445
Amortization |  |  | 26 |  |  | 2,546 |  |  | 2,572 |  |  | - |  |  | 2,572
Other operating expense/(income) |  |  | 64 |  |  | (13) |  |  | 51 |  |  | - |  |  | 51
Total costs and expenses |  |  | 344,631 |  |  | 191,142 |  |  | 535,773 |  |  | 16,412 |  |  | 552,185
Income/(loss) from operations |  |  | 62,769 |  |  | 48,401 |  |  | 111,170 |  |  | (16,412) |  |  | 94,758
Interest expense |  |  | (48) |  |  | (132) |  |  | (180) |  |  | (149) |  |  | (329)
Intercompany interest income/(expense) |  |  | 5,296 |  |  | 3,930 |  |  | 9,226 |  |  | (9,226) |  |  | -
Other income - net |  |  | 48 |  |  | 10 |  |  | 58 |  |  | 1,187 |  |  | 1,245
Income/(expense) before income taxes |  |  | 68,065 |  |  | 52,209 |  |  | 120,274 |  |  | (24,600) |  |  | 95,674
Income taxes |  |  | (18,035) |  |  | (12,265) |  |  | (30,300) |  |  | 6,383 |  |  | (23,917)
Net income/(loss) |  | $ | 50,030 |  | $ | 39,944 |  | $ | 89,974 |  | $ | (18,217) |  | $ | 71,757
Identifiable assets |  | $ | 886,705 |  | $ | 535,733 |  | $ | 1,422,438 |  | $ | 304,077 |  | $ | 1,726,515
Additions to long-lived assets |  | $ | 9,476 |  | $ | 4,289 |  | $ | 13,765 |  | $ | - |  | $ | 13,765
‎ Segment data for the three months ending March 31, 2024 are as follows (in thousands):
|  |  |  |  |  |  |  | Reportable |  |  |  |  | Chemed
|  | VITAS |  | Roto-Rooter |  | Segments |  | Corporate |  | Consolidated
Service revenues and sales |  | $ | 354,007 |  | $ | 235,226 |  | $ | 589,233 |  | $ | - |  | $ | 589,233
Cost of services provided and goods sold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(excluding depreciation) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wages |  |  | 203,424 |  |  | 78,534 |  |  | 281,958 |  |  | - |  |  | 281,958
Patient care expense |  |  | 35,074 |  |  | - |  |  | 35,074 |  |  | - |  |  | 35,074
Other expenses |  |  | 33,398 |  |  | 34,697 |  |  | 68,095 |  |  | - |  |  | 68,095
Total cost of services provided and good sold |  |  | 271,896 |  |  | 113,231 |  |  | 385,127 |  |  | - |  |  | 385,127
Selling, general and administrative expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wages |  |  | 16,529 |  |  | 21,075 |  |  | 37,604 |  |  | 3,940 |  |  | 41,544
Advertising |  |  | - |  |  | 19,524 |  |  | 19,524 |  |  | - |  |  | 19,524
Stock compensation |  |  | - |  |  | - |  |  | - |  |  | 18,147 |  |  | 18,147
Other expenses |  |  | 7,263 |  |  | 20,661 |  |  | 27,924 |  |  | 8,734 |  |  | 36,658
Total selling, general and administrative expense |  |  | 23,792 |  |  | 61,260 |  |  | 85,052 |  |  | 30,821 |  |  | 115,873
Depreciation |  |  | 5,166 |  |  | 8,108 |  |  | 13,274 |  |  | 13 |  |  | 13,287
Amortization |  |  | 26 |  |  | 2,495 |  |  | 2,521 |  |  | - |  |  | 2,521
Other operating expense |  |  | 7 |  |  | 85 |  |  | 92 |  |  | - |  |  | 92
Total costs and expenses |  |  | 300,887 |  |  | 185,179 |  |  | 486,066 |  |  | 30,834 |  |  | 516,900
Income/(loss) from operations |  |  | 53,120 |  |  | 50,047 |  |  | 103,167 |  |  | (30,834) |  |  | 72,333
Interest expense |  |  | (46) |  |  | (117) |  |  | (163) |  |  | (262) |  |  | (425)
Intercompany interest income/(expense) |  |  | 5,194 |  |  | 3,442 |  |  | 8,636 |  |  | (8,636) |  |  | -
Other income - net |  |  | 29 |  |  | 22 |  |  | 51 |  |  | 12,526 |  |  | 12,577
Income/(expense) before income taxes |  |  | 58,297 |  |  | 53,394 |  |  | 111,691 |  |  | (27,206) |  |  | 84,485
Income taxes |  |  | (14,327) |  |  | (12,541) |  |  | (26,868) |  |  | 7,400 |  |  | (19,468)
Net income/(loss) |  | $ | 43,970 |  | $ | 40,853 |  | $ | 84,823 |  | $ | (19,806) |  | $ | 65,017
Identifiable assets |  | $ | 772,631 |  | $ | 524,223 |  | $ | 1,296,854 |  | $ | 430,779 |  | $ | 1,727,633
Additions to long-lived assets |  | $ | 13,470 |  | $ | 5,855 |  | $ | 19,325 |  | $ | 7 |  | $ | 19,332

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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