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Discontinued Operations | 9 Months Ended
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Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] | 4. Discontinued Operations On February 1, 2015, the Company completed the sale of its Physician Segment for $123.0 million, of which $6.0 million was placed in escrow for a period of 12 months. The gain on the sale was $25.7 million (net of income taxes of $14.4 million), which was included in discontinued operations. The $6.0 million placed in escrow is included in current assets in the condensed consolidated balance sheet at September 30, 2015. The operating results of this segment are presented as discontinued operations in the condensed consolidated statements of operations and comprehensive income for all periods presented. The condensed consolidated balance sheet at December 31, 2014 separately states the assets and liabilities of the Physician Segment as discontinued operations. The following table is a reconciliation of the major classes of assets and liabilities of the Physician Segment that are presented separately in the condensed consolidated balance sheet at December 31, 2014, to the previously reported balances:
| December 31, 2014
| As Previously Reported |  | Physician Segment |  | As Adjusted
Cash and cash equivalents | $ | 31,714 |  |  | $ | (2,854 | ) |  | $ | 28,860 |
Accounts receivable, net | 298,761 |  |  | (21,615 | ) |  | 277,146 |
Prepaid expenses and income taxes | 14,513 |  |  | (1,205 | ) |  | 13,308 |
Deferred income tax assets | 19,067 |  |  | (3,321 | ) |  | 15,746 |
Workers' compensation and medical malpractice receivable | 18,728 |  |  | (5,358 | ) |  | 13,370 |
Other current assets (1) | 2,310 |  |  | — |  |  | 2,310 |
Current assets of discontinued operations | — |  |  | 34,353 |  |  | 34,353 |
Total current assets | 385,093 |  |  | — |  |  | 385,093 |
Property and equipment, net | 46,819 |  |  | (2,508 | ) |  | 44,311 |
Goodwill | 570,697 |  |  | (58,637 | ) |  | 512,060 |
Identifiable intangible assets, net | 262,569 |  |  | (11,960 | ) |  | 250,609 |
Other non-current assets (1) | 5,728 |  |  | (568 | ) |  | 5,160 |
Non-current assets of discontinued operations | — |  |  | 73,673 |  |  | 73,673 |
Total assets | $ | 1,270,906 |  |  | $ | — |  |  | $ | 1,270,906 |
Current portion of long-term debt (1) | $ | 17,439 |  |  | $ | — |  |  | $ | 17,439 |
Accounts payable | 8,876 |  |  | (951 | ) |  | 7,925 |
Accrued payroll and contract professional pay | 87,189 |  |  | (4,626 | ) |  | 82,563 |
Workers’ compensation and medical malpractice loss reserves | 29,135 |  |  | (13,571 | ) |  | 15,564 |
Income taxes payable | 340 |  |  | — |  |  | 340 |
Other current liabilities | 21,776 |  |  | (1,047 | ) |  | 20,729 |
Current liabilities of discontinued operations | — |  |  | 20,195 |  |  | 20,195 |
Total current liabilities | 164,755 |  |  | — |  |  | 164,755 |
Long-term debt (1) | 394,418 |  |  | — |  |  | 394,418 |
Deferred income tax liabilities | 67,909 |  |  | (4,088 | ) |  | 63,821 |
Other long-term liabilities | 9,416 |  |  | (1,479 | ) |  | 7,937 |
Long-term liabilities of discontinued operations | — |  |  | 5,567 |  |  | 5,567 |
Total liabilities | $ | 636,498 |  |  | $ | — |  |  | $ | 636,498 |
____
(1) | The December 31, 2014 balances have been adjusted to reflect unamortized deferred loan costs attributable to term loans as a reduction of the related debt balances whereas they were previously included in other current assets and other non-current assets. This change in presentation was the result of the early adoption of ASU 2015-03. The December 31, 2014 balances for long-term debt and the current portion of long-term debt are now reflected net of $2.5 million and $0.8 million of unamortized deferred loan costs, respectively.
Cash flows from discontinued operations are included in the condensed consolidated statements of cash flows for the nine months ended September 30, 2015 and 2014. The cash flows that are attributable to the Physician Segment are as follows:
| Nine Months Ended
| September 30,
| 2015 |  | 2014
Net cash provided by (used in) operating activities | $ | (1,778 | ) |  | $ | 1,332 |
Net cash provided by (used in) investing activities: |  |  |
Cash received from sale of discontinued operations, net | $ | 115,440 |  |  | $ | — |
Other | (14 | ) |  | (233 | )
Total cash provided by (used in) investing activities | $ | 115,426 |  |  | $ | (233 | )
The following is a summary of the operating results of all of the Company's discontinued operations (in thousands):
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
Revenues | $ | — |  |  | $ | 35,381 |  |  | $ | 12,068 |  |  | $ | 101,998 |
Cost of services | — |  |  | 24,594 |  |  | 8,653 |  |  | 71,015 |
Gross profit | — |  |  | 10,787 |  |  | 3,415 |  |  | 30,983 |
Selling, general and administrative expenses | (36 | ) |  | 8,113 |  |  | 2,757 |  |  | 24,471 |
Amortization of intangible assets | — |  |  | 486 |  |  | 155 |  |  | 1,754 |
Income before income taxes | 36 |  |  | 2,188 |  |  | 503 |  |  | 4,758 |
Provision for income taxes | 2 |  |  | 906 |  |  | 143 |  |  | 2,016 |
Net income | $ | 34 |  |  | $ | 1,282 |  |  | $ | 360 |  |  | $ | 2,742 |

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51719941&loc=SL51724579-110230 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721663-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721659-107760 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721671-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721677-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1474-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721683-107760 + Details
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