XML 59 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 47,928us-gaap_CashAndCashEquivalentsAtCarryingValue $ 31,137us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term investments 6,035us-gaap_HeldToMaturitySecuritiesCurrent 6,457us-gaap_HeldToMaturitySecuritiesCurrent
Accounts receivable, net 352,191us-gaap_AccountsReceivableNetCurrent 285,397us-gaap_AccountsReceivableNetCurrent
Prepaid expenses 7,036us-gaap_PrepaidExpenseCurrent 6,361us-gaap_PrepaidExpenseCurrent
Deferred income taxes 45,961us-gaap_DeferredTaxAssetsNetCurrent 30,766us-gaap_DeferredTaxAssetsNetCurrent
Other assets 7,901us-gaap_OtherAssetsCurrent 8,007us-gaap_OtherAssetsCurrent
Total current assets 467,052us-gaap_AssetsCurrent 368,125us-gaap_AssetsCurrent
Investments 64,082us-gaap_HeldToMaturitySecuritiesNoncurrent 57,511us-gaap_HeldToMaturitySecuritiesNoncurrent
Property and equipment, net 66,048us-gaap_PropertyPlantAndEquipmentNet 59,911us-gaap_PropertyPlantAndEquipmentNet
Goodwill 2,776,188us-gaap_Goodwill 2,393,731us-gaap_Goodwill
Other assets, net 235,425us-gaap_OtherAssetsNoncurrent 129,438us-gaap_OtherAssetsNoncurrent
Total assets 3,608,795us-gaap_Assets 3,008,716us-gaap_Assets
Current liabilities:    
Accounts payable and accrued expenses 380,658us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 308,754us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Current portion of long-term debt and capital lease obligations 10,465us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 92us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Income taxes payable 25,150us-gaap_AccruedIncomeTaxesCurrent 17,946us-gaap_AccruedIncomeTaxesCurrent
Total current liabilities 416,273us-gaap_LiabilitiesCurrent 326,792us-gaap_LiabilitiesCurrent
Line of credit 368,000us-gaap_LongTermLineOfCredit 27,000us-gaap_LongTermLineOfCredit
Long-term debt and capital lease obligations 190,855us-gaap_LongTermDebtAndCapitalLeaseObligations 143us-gaap_LongTermDebtAndCapitalLeaseObligations
Long-term professional liabilities 148,651us-gaap_MalpracticeLossContingencyAccrualUndiscountedNoncurrent 139,367us-gaap_MalpracticeLossContingencyAccrualUndiscountedNoncurrent
Deferred income taxes 160,487us-gaap_DeferredTaxLiabilitiesNoncurrent 111,441us-gaap_DeferredTaxLiabilitiesNoncurrent
Other liabilities 58,963us-gaap_OtherLiabilitiesNoncurrent 60,985us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 1,343,229us-gaap_Liabilities 665,728us-gaap_Liabilities
Commitments and contingencies      
Shareholders' equity:    
Preferred stock; $.01 par value; 1,000 shares authorized; none issued      
Common stock; $.01 par value; 200,000 shares authorized; 96,030 and 101,207 shares issued and outstanding, respectively 960us-gaap_CommonStockValue 1,012us-gaap_CommonStockValue
Additional paid-in capital 886,877us-gaap_AdditionalPaidInCapital 857,953us-gaap_AdditionalPaidInCapital
Retained earnings 1,376,782us-gaap_RetainedEarningsAccumulatedDeficit 1,484,023us-gaap_RetainedEarningsAccumulatedDeficit
Total MEDNAX, Inc. shareholders' equity 2,264,619us-gaap_StockholdersEquity 2,342,988us-gaap_StockholdersEquity
Noncontrolling interests 947us-gaap_MinorityInterest  
Total equity 2,265,566us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 2,342,988us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 3,608,795us-gaap_LiabilitiesAndStockholdersEquity $ 3,008,716us-gaap_LiabilitiesAndStockholdersEquity