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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Goodwill and Related Adjustments

A summary of goodwill and related adjustments is provided below:

 

Goodwill

 

 

 

Hospice

 

 

Personal Care

 

 

Home Health

 

 

Total

 

 

(Amounts In Thousands)

 

Goodwill at December 31, 2018

 

$

22,200

 

 

$

112,377

 

 

$

865

 

 

$

135,442

 

Additions for acquisitions

 

 

124,750

 

 

 

14,368

 

 

 

941

 

 

 

140,059

 

Adjustments to previously recorded goodwill

 

 

33

 

 

 

(168

)

 

 

2

 

 

 

(133

)

Goodwill at December 31, 2019

 

 

146,983

 

 

 

126,577

 

 

 

1,808

 

 

 

275,368

 

Additions for acquisitions

 

 

169,207

 

 

 

24,660

 

 

 

 

 

 

193,867

 

Divestiture

 

 

(1,167

)

 

 

 

 

 

 

 

 

(1,167

)

Adjustments to previously recorded goodwill

 

 

(190

)

 

 

1,211

 

 

 

(17

)

 

 

1,004

 

Goodwill at December 31, 2020

 

$

314,833

 

 

$

152,448

 

 

$

1,791

 

 

$

469,072

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Carrying Amount and Accumulated Amortization of Intangible Asset The carrying amount and accumulated amortization of each identifiable intangible asset category consisted of the following at December 31, 2020 and 2019: 

 

 

 

Customer

and referral

relationships

 

 

Trade

names and

trademarks

 

 

Non-

competition

agreements

 

 

State Licenses

 

 

Total

 

 

 

(Amounts in Thousands)

 

Intangible assets with indefinite lives

 

$

 

 

$

 

 

$

 

 

$

20,791

 

 

$

20,791

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount

 

 

44,672

 

 

 

42,926

 

 

 

6,225

 

 

 

12,507

 

 

 

106,330

 

Accumulated amortization

 

 

(34,439

)

 

 

(15,191

)

 

 

(2,887

)

 

 

(3,055

)

 

 

(55,572

)

Intangible assets subject to amortization, net

 

 

10,233

 

 

 

27,735

 

 

 

3,338

 

 

 

9,452

 

 

 

50,758

 

Net balance at December 31, 2020

 

$

10,233

 

 

$

27,735

 

 

$

3,338

 

 

$

30,243

 

 

$

71,549

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets with indefinite lives

 

$

 

 

$

 

 

$

 

 

$

13,306

 

 

$

13,306

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount

 

 

48,028

 

 

 

31,036

 

 

 

4,655

 

 

 

12,020

 

 

 

95,739

 

Accumulated amortization

 

 

(35,665

)

 

 

(12,941

)

 

 

(2,234

)

 

 

(1,126

)

 

 

(51,966

)

Intangible assets subject to amortization, net

 

 

12,363

 

 

 

18,095

 

 

 

2,421

 

 

 

10,894

 

 

 

43,773

 

Net balance at December 31, 2019

 

$

12,363

 

 

$

18,095

 

 

$

2,421

 

 

$

24,200

 

 

$

57,079

 

 

Schedule of Future Amortization of Intangible Assets

The estimated future intangible amortization expense is as follows:

 

For the year ended December 31,

 

Total

(Amount in

Thousands)

 

2021

 

$

7,711

 

2022

 

 

6,582

 

2023

 

 

6,098

 

2024

 

 

5,855

 

2025

 

 

4,232

 

Thereafter

 

 

20,280

 

Total, intangible assets subject to amortization

 

$

50,758