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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Summary of Segment Information |
|  | For the Three Months Ended June 30, 2024 |
|  | (Amounts in Thousands) |
|  | Personal Care |  |  | Hospice |  |  | Home Health |  |  | Total |
Net service revenues |  | $ | 212,817 |  |  | $ | 56,030 |  |  | $ | 18,075 |  |  | $ | 286,922 |
Cost of services revenues |  |  | 152,755 |  |  |  | 29,730 |  |  |  | 11,279 |  |  |  | 193,764 |
Gross profit |  |  | 60,062 |  |  |  | 26,300 |  |  |  | 6,796 |  |  |  | 93,158 |
General and administrative expenses |  |  | 16,973 |  |  |  | 13,466 |  |  |  | 4,572 |  |  |  | 35,011 |
Segment operating income |  | $ | 43,089 |  |  | $ | 12,834 |  |  | $ | 2,224 |  |  | $ | 58,147 |
|  | For the Three Months Ended June 30, 2023 |
|  | (Amounts in Thousands) |
|  | Personal Care |  |  | Hospice |  |  | Home Health |  |  | Total |
Net service revenues |  | $ | 198,314 |  |  | $ | 50,210 |  |  | $ | 11,456 |  |  | $ | 259,980 |
Cost of services revenues |  |  | 143,972 |  |  |  | 26,606 |  |  |  | 7,084 |  |  |  | 177,662 |
Gross profit |  |  | 54,342 |  |  |  | 23,604 |  |  |  | 4,372 |  |  |  | 82,318 |
General and administrative expenses |  |  | 16,267 |  |  |  | 12,768 |  |  |  | 2,641 |  |  |  | 31,676 |
Segment operating income |  | $ | 38,075 |  |  | $ | 10,836 |  |  | $ | 1,731 |  |  | $ | 50,642 |
|  | For the Three Months Ended June 30, |
|  | 2024 |  |  | 2023 |
|  | (Amounts in Thousands) |
Segment reconciliation: |  |  |  |  |  |
Total segment operating income |  | $ | 58,147 |  |  | $ | 50,642 |
Items not allocated at segment level: |  |  |  |  |  |
Other general and administrative expenses |  |  | 28,565 |  |  |  | 25,721 |
Depreciation and amortization |  |  | 3,401 |  |  |  | 3,382 |
Interest income |  |  | (474 | ) |  |  | (291 | )
Interest expense |  |  | 2,114 |  |  |  | 2,331 |
Income before income taxes |  | $ | 24,541 |  |  | $ | 19,499 |
|  | For the Six Months Ended June 30, 2024 |
|  | (Amounts in Thousands) |
|  | Personal Care |  |  | Hospice |  |  | Home Health |  |  | Total |
Net service revenues |  | $ | 420,820 |  |  | $ | 111,893 |  |  | $ | 34,955 |  |  | $ | 567,668 |
Cost of services revenues |  |  | 305,291 |  |  |  | 58,697 |  |  |  | 22,345 |  |  |  | 386,333 |
Gross profit |  |  | 115,529 |  |  |  | 53,196 |  |  |  | 12,610 |  |  |  | 181,335 |
General and administrative expenses |  |  | 32,418 |  |  |  | 26,905 |  |  |  | 9,109 |  |  |  | 68,432 |
Segment operating income |  | $ | 83,111 |  |  | $ | 26,291 |  |  | $ | 3,501 |  |  | $ | 112,903 |
|  | For the Six Months Ended June 30, 2023 |
|  | (Amounts in Thousands) |
|  | Personal Care |  |  | Hospice |  |  | Home Health |  |  | Total |
Net service revenues |  | $ | 388,346 |  |  | $ | 99,292 |  |  | $ | 23,941 |  |  | $ | 511,579 |
Cost of services revenues |  |  | 282,355 |  |  |  | 53,873 |  |  |  | 14,618 |  |  |  | 350,846 |
Gross profit |  |  | 105,991 |  |  |  | 45,419 |  |  |  | 9,323 |  |  |  | 160,733 |
General and administrative expenses |  |  | 32,202 |  |  |  | 25,783 |  |  |  | 5,521 |  |  |  | 63,506 |
Segment operating income |  | $ | 73,789 |  |  | $ | 19,636 |  |  | $ | 3,802 |  |  | $ | 97,227 |
|  | For the Six Months Ended June 30, |
|  | 2024 |  |  | 2023 |
|  | (Amounts in Thousands) |
Segment reconciliation: |  |  |  |  |  |
Total segment operating income |  | $ | 112,903 |  |  | $ | 97,227 |
Items not allocated at segment level: |  |  |  |  |  |
Other general and administrative expenses |  |  | 56,207 |  |  |  | 50,251 |
Depreciation and amortization |  |  | 6,870 |  |  |  | 6,829 |
Interest income |  |  | (897 | ) |  |  | (397 | )
Interest expense |  |  | 4,872 |  |  |  | 4,792 |
Income before income taxes |  | $ | 45,851 |  |  | $ | 35,752 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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