Financial Information Combined Wholly-Owned Subsidiaries

12 Months Ended

Dec. 31, 2022

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Financial Information Combined Wholly-Owned Subsidiaries

22. Financial Information Combined Wholly-Owned Subsidiaries

The Company conducts substantially all of its business through its subsidiaries. The 5.500% Senior Notes and the 5.000% Senior Notes are jointly and severally guaranteed on an unsecured senior basis by all of the Company’s subsidiaries that guarantee the Company’s obligations under the New Credit Facility. Summarized financial information presented below is consistent with the consolidated financial statements of the Company, except transactions between combining entities have been eliminated. Financial information for the combined non-guarantor entities has been excluded. Presented below is financial information for the combined wholly-owned subsidiary guarantors at December 31, 2022 and 2021, and for the year ended December 31, 2022. The summarized balance sheet information at December 31, 2021, has been adjusted to reclassify certain wholly-owned subsidiaries as non-guarantor entities.

Summarized balance sheet information (in thousands):

	December 31,
	2022		2021
Current assets	$	396,553	$	349,250
Property and equipment, net		1,517,893		1,166,409
Goodwill		2,105,227		2,086,978
Total noncurrent assets		3,921,336		3,527,700

Current liabilities		345,606		340,514
Long-term debt		1,364,541		1,478,626
Total noncurrent liabilities		1,629,750		1,688,326
Redeemable noncontrolling interests		—		—
Total equity		2,342,533		1,848,110

Summarized operating results information (in thousands):

	For the Year Ended December 31, 2022
Revenue	$	2,299,562
Income from continuing operations before income taxes		325,309
Net income		244,148
Net income attributable to Acadia Healthcare Company, Inc.		244,148