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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
NET REVENUE      
Service fee revenue, net of contractual allowances and discounts $ 857,178 $ 821,587 $ 746,756
Provision for bad debts (46,555) (45,387) (36,033)
Net service fee revenue 810,623 776,200 710,723
Revenue under capitation arrangements 111,563 108,335 98,905
Total net revenue 922,186 884,535 809,628
OPERATING EXPENSES      
Cost of operations, excluding depreciation and amortization 802,377 775,801 708,289
Depreciation and amortization 66,796 66,610 60,611
Loss on sale and disposal of equipment 1,142 767 866
Severance costs 1,821 2,877 745
Total operating expenses 872,136 846,055 770,511
INCOME FROM OPERATIONS 50,050 38,480 39,117
OTHER INCOME AND EXPENSES      
Interest expense 40,623 43,455 41,684
Meaningful use incentive (250) (2,808) (3,270)
Equity in earnings of joint ventures (13,554) (9,767) (8,927)
Gain on sale of imaging centers and medical practice (3,146) 0 (5,434)
Gain on return of common stock 0 (5,032) 0
Other (income) expenses (8) 196 419
Total other expenses 23,665 26,044 24,472
INCOME BEFORE INCOME TAXES 26,385 12,436 14,645
Provision for income taxes (24,310) (4,432) (6,007)
NET INCOME 2,075 8,004 8,638
Net income attributable to noncontrolling interests 2,022 774 929
NET INCOME ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 53 $ 7,230 $ 7,709
BASIC NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 0.00 $ 0.16 $ 0.18
DILUTED NET INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS $ 0.00 $ 0.15 $ 0.17
WEIGHTED AVERAGE SHARES OUTSTANDING - Basic 46,880,775 46,244,188 43,805,794
WEIGHTED AVERAGE SHARES OUTSTANDING - Diluted 47,401,921 46,655,032 45,171,372