XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenue $ 731,337 $ 651,719 $ 1,435,604 $ 1,268,372
Salaries, wages and benefits (including equity-based compensation expense of $7,348, $6,580, $14,977 and $14,505, respectively) 386,633 339,388 777,810 675,150
Professional fees 43,803 40,440 84,928 77,351
Supplies 26,144 25,022 52,165 48,721
Rents and leases 11,725 11,192 23,149 22,441
Other operating expenses 95,912 84,937 186,750 166,362
Income from provider relief fund   (8,550)   (8,550)
Depreciation and amortization 32,012 29,128 63,581 58,054
Interest expense, net 20,910 16,565 40,909 32,352
Loss on impairment 8,694   8,694  
Transaction-related expenses 9,074 3,940 15,545 7,522
Total expenses 634,907 542,062 1,253,531 1,079,403
Income before income taxes 96,430 109,657 182,073 188,969
Provision for income taxes 22,881 27,725 41,966 45,127
Net income 73,549 81,932 140,107 143,842
Net income attributable to noncontrolling interests (1,250) (1,853) (1,793) (2,926)
Net income attributable to Acadia Healthcare Company, Inc. $ 72,299 $ 80,079 $ 138,314 $ 140,916
Earnings per share attributable to Acadia Healthcare Company, Inc. stockholders:        
Basic $ 0.79 $ 0.89 $ 1.53 $ 1.57
Diluted $ 0.79 $ 0.88 $ 1.51 $ 1.54
Weighted-average shares outstanding:        
Basic 91,044 89,724 90,691 89,492
Diluted 91,546 91,473 91,640 91,504