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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues $ 559.2 $ 496.1 $ 1,614.9 $ 1,311.8
Operating expenses:        
Salaries and benefits 162.3 141.7 468.7 398.2
Supplies 160.1 142.8 464.9 382.2
Professional and medical fees 56.8 46.3 169.7 138.4
Lease expense 23.4 21.9 68.8 64.7
Other operating expenses 34.1 29.2 98.5 83.9
Cost of revenues 436.7 381.9 1,270.6 1,067.4
General and administrative expenses 25.5 25.2 76.8 73.3
Depreciation and amortization 25.2 24.1 76.1 69.3
Income from equity investments (2.9) (3.1) (8.5) (7.6)
Loss on disposals and deconsolidations, net 1.9 0.7 2.0 7.1
Transaction and integration costs 10.2 5.4 24.7 15.8
Impairment charges 0.0 33.5 0.0 33.5
Grant funds 0.0 9.9 (20.0) (33.2)
(Gain) loss on debt extinguishment (0.5) 0.0 9.1 0.0
Litigation settlement 0.0 0.0 0.0 1.2
Other income (0.5) 0.0 (3.3) (1.7)
Total operating expenses 495.6 477.6 1,427.5 1,225.1
Operating income 63.6 18.5 187.4 86.7
Interest expense, net (54.2) (51.5) (160.9) (147.8)
Income (loss) before income taxes 9.4 (33.0) 26.5 (61.1)
Income tax expense (benefit) 1.2 1.3 (1.3) (14.5)
Net income (loss) 8.2 (34.3) 27.8 (46.6)
Less: Net income attributable to non-controlling interests (31.1) (27.3) (98.6) (75.0)
Net loss attributable to Surgery Partners, Inc. (22.9) (61.6) (70.8) (121.6)
Less: Amounts attributable to participating securities 0.0 (10.0) (10.3) (29.2)
Net loss attributable to common stockholders $ (22.9) $ (71.6) $ (81.1) $ (150.8)
Net loss per share attributable to common stockholders        
Basic (in USD per share) $ (0.28) $ (1.46) $ (1.19) $ (3.09)
Diluted (in USD per share) [1] $ (0.28) $ (1.46) $ (1.19) $ (3.09)
Weighted average common shares outstanding        
Basic (shares) 80,726 48,883 68,350 48,736
Diluted (shares) [1] 80,726 48,883 68,350 48,736
[1] The impact of potentially dilutive securities for all periods presented was not considered because the effect would be anti-dilutive in those periods.