XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues [Abstract]    
Revenues $ 112,368 $ 112,717
Operating costs:    
Salaries and related costs 63,815 69,004
Rent, supplies, contract labor and other 21,420 22,909
Provision for credit losses 1,200 1,361
Closure costs - lease and other 37 1,893
Closure costs - derecognition of goodwill 0 1,859
Total operating costs 86,472 97,026
Gross profit 25,896 15,691
Corporate office costs 10,874 11,677
Operating income 15,022 4,014
Other income and expense:    
Interest and other income, net 54 43
Interest expense - debt and other (246) (427)
Total other income and expense (192) (384)
Income before taxes 14,830 3,630
Provision for income taxes 2,944 292
Net income 11,886 3,338
Less: net income attributable to non-controlling interests:    
Redeemable non-controlling interests - temporary equity (2,453) (1,796)
Non-controlling interests - permanent equity (1,260) (526)
Net income attributable to non-controlling interests (3,713) (2,322)
Net income attributable to USPH shareholders $ 8,173 $ 1,016
Basic earnings per share attributable to USPH shareholders (in dollars per share) $ 0.21 $ 0.20
Diluted earnings per share attributable to USPH shareholders (in dollars per share) $ 0.21 $ 0.20
Shares used in computation - basic (in shares) 12,870 12,796
Shares used in computation - diluted (in shares) 12,870 12,796
Dividends declared per common share (in dollars per share) $ 0.35 $ 0.32
Net Patient Revenues [Member]    
Revenues [Abstract]    
Revenues $ 99,254 $ 100,126
Other Revenues [Member]    
Revenues [Abstract]    
Revenues $ 13,114 $ 12,591