XML 24 R11.htm IDEA: XBRL DOCUMENT
v3.21.2

Goodwill and Intangible Assets | 6 Months Ended
--- | ---
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 5. Goodwill and Intangible Assets The goodwill for the Company was $469.5 million and $469.1 million as of June 30, 2021 and December 31, 2020, respectively. A summary of the goodwill activity for the six months ended June 30, 2021 is provided below:
|  | Goodwill |
|  | Hospice |  |  | Personal Care |  |  | Home Health |  |  | Total |
|  | (Amounts in Thousands) |
Goodwill as of December 31, 2020 |  | $ | 314,833 |  |  | $ | 152,448 |  |  | $ | 1,791 |  |  | $ | 469,072 |
Additions for acquisitions |  |  | — |  |  |  | 115 |  |  |  | — |  |  |  | 115 |
Adjustments to previously recorded goodwill |  |  | 149 |  |  |  | 140 |  |  |  | — |  |  |  | 289 |
Goodwill as of June 30, 2021 |  | $ | 314,982 |  |  | $ | 152,703 |  |  | $ | 1,791 |  |  | $ | 469,476 |
The Company’s identifiable intangible assets consist of customer and referral relationships, trade names and trademarks, non-competition agreements and state licenses. Amortization is computed using straight-line and accelerated methods based upon the estimated useful lives of the respective assets, which range from one to twenty-five years. Customer and referral relationships are amortized systematically over the periods of expected economic benefit, which range from five to ten years. The carrying amount and accumulated amortization of each identifiable intangible asset category consisted of the following as of June 30, 2021:
|  | 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 |  |  | (35,391 | ) |  |  | (17,106 | ) |  |  | (3,336 | ) |  |  | (4,041 | ) |  |  | (59,874 | )
Intangible assets subject to amortization, net |  |  | 9,281 |  |  |  | 25,820 |  |  |  | 2,889 |  |  |  | 8,466 |  |  |  | 46,456 |
Total intangible assets at June 30, 2021 |  | $ | 9,281 |  |  | $ | 25,820 |  |  | $ | 2,889 |  |  | $ | 29,257 |  |  | $ | 67,247 |
Amortization expense related to the identifiable intangible assets amounted to $2.1 million and $4.3 million for the three and six months ended June 30, 2021, respectively, and $1.8 million and $3.5 million for the three and six months ended June 30, 2020, respectively. The weighted average remaining useful lives of identifiable intangible assets as of June 30, 2021 is 9.5 years.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration