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Acquisitions (Tables)

9 Months Ended

Sep. 30, 2023

Business Combinations [Abstract]

Schedule of Fair Values of Assets and Liabilities

Based upon management’s valuations, which are preliminary and subject to the completion of working capital and related adjustments, the fair values of the assets and liabilities acquired are as follows:

		Total (Amounts in Thousands)
Goodwill		$	79,318
Identifiable intangible assets			26,740
Cash			2,368
Accounts receivable			5,593
Property and equipment			307
Operating lease assets, net			194
Other assets			200
Accrued expenses			(1,115	)
Accrued payroll			(2,303	)
Long-term operating lease liabilities			(73	)
Total purchase price		$	111,229

Unaudited Pro Forma Condensed Consolidated Income Statement Information

The following table contains unaudited pro forma condensed consolidated income statement information of the Company for the three and nine months ended September 30, 2023 as if the Tennessee Quality Care acquisition closed on January 1, 2022.

		For the Three Months Ended September 30, (Amounts in Thousands)								For the Nine Months Ended September 30, (Amounts in Thousands)
		2023				2022				2023				2022
Net service revenues		$	274,559			$	249,262			$	808,408			$	730,227
Operating income			25,310				18,871				68,951				53,049
Net income			17,512				11,755				46,031				32,695
Net income per common share
Basic income per share		$	1.09			$	0.74			$	2.88			$	2.06
Diluted income per share		$	1.08			$	0.73			$	2.82			$	2.03

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479328/805-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479328/805-10-50-2

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- References

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X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479907/805-20-50-1

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