10-Q Filing

ENVISION HEALTHCARE CORP CIK: 1344154 Q1 2011

Filing Information

Form Type	10-Q
Accession Number	`0001104659-11-025774`
Period End Date	20110331
Filing Date	20110504
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	ems-20110331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 46 Cash Flow Statement 61

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$381.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$332.89M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$287.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$334.77M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Insurance collateral	`RestrictedCashAndInvestmentsCurrent`	$24.50M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Insurance collateral	`RestrictedCashAndInvestmentsCurrent`	$33.48M	USD	Point-in-time
Trade and other accounts receivable, net	`AccountsReceivableNetCurrent`	$505.13M	USD	Point-in-time
Trade and other accounts receivable, net	`AccountsReceivableNetCurrent`	$489.66M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Parts and supplies inventory	`InventoryNet`	$23.03M	USD	Point-in-time
Parts and supplies inventory	`InventoryNet`	$23.33M	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpensesAndOtherAssetsCurrent`	$24.39M	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpensesAndOtherAssetsCurrent`	$18.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$912.12M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$852.14M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$139.35M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	30,778.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	51,247.00	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$133.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$173.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$180.37M	USD	Point-in-time
Insurance collateral	`RestrictedCashAndInvestmentsNoncurrent`	$136.06M	USD	Point-in-time
Insurance collateral	`RestrictedCashAndInvestmentsNoncurrent`	$133.26M	USD	Point-in-time
Goodwill	`Goodwill`	$453.92M	USD	Point-in-time
Goodwill	`Goodwill`	$427.40M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$17.62M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$18.84M	USD	Point-in-time
Total assets	`Assets`	$1.75B	USD	Point-in-time
Total assets	`Assets`	$1.83B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$49.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.58M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$259.64M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$287.78M	USD	Point-in-time
Current deferred tax liabilities	`DeferredTaxLiabilitiesCurrent`	$5.11M	USD	Point-in-time
Current deferred tax liabilities	`DeferredTaxLiabilitiesCurrent`	$5.61M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$16.33M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$362.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$320.67M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$404.94M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$399.59M	USD	Point-in-time
Long-term deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$5.97M	USD	Point-in-time
Long-term deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$5.97M	USD	Point-in-time
Insurance reserves and other long-term liabilities	`InsuranceReservesAndOtherLongTermLiabilities`	$174.64M	USD	Point-in-time
Insurance reserves and other long-term liabilities	`InsuranceReservesAndOtherLongTermLiabilities`	$169.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$901.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$942.62M	USD	Point-in-time
Preferred stock ($0.01 par value; 20,000,000 shares authorized, 0 issued and outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.01 par value; 20,000,000 shares authorized, 0 issued and outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Treasury stock at cost (51,247 and 30,778 shares in 2011 and 2010, respectively)	`TreasuryStockValue`	$1.68M	USD	Point-in-time
Treasury stock at cost (51,247 and 30,778 shares in 2011 and 2010, respectively)	`TreasuryStockValue`	$2.99M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$308.94M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$305.26M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$486.93M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$450.77M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.40M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.78M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$847.21M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$887.36M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.83B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.75B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueHealthCareOrganization`	$760.84M	USD	1 Quarter
Net revenue	`RevenueHealthCareOrganization`	$679.35M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$480.32M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$537.08M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$86.53M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$96.96M	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$26.54M	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$22.07M	USD	1 Quarter
Selling, general and administrative expenses	`OtherSellingGeneralAndAdministrativeExpense`	$16.86M	USD	1 Quarter
Selling, general and administrative expenses	`OtherSellingGeneralAndAdministrativeExpense`	$17.84M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$17.52M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$16.18M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$64.90M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$57.40M	USD	1 Quarter
Interest income from restricted assets	`InterestIncomeFromRestrictedAssets`	$855.00K	USD	1 Quarter
Interest income from restricted assets	`InterestIncomeFromRestrictedAssets`	$396.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.82M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.27M	USD	1 Quarter
Realized (loss) gain on investments	`GainLossOnSaleOfInvestments`	$92.00K	USD	1 Quarter
Realized (loss) gain on investments	`GainLossOnSaleOfInvestments`	$-4.00K	USD	1 Quarter
Interest and other (expense) income	`OtherNonoperatingIncomeExpense`	$265.00K	USD	1 Quarter
Interest and other (expense) income	`OtherNonoperatingIncomeExpense`	$-1.75M	USD	1 Quarter
Income before income taxes and equity in earnings of unconsolidated subsidiary	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$58.73M	USD	1 Quarter
Income before income taxes and equity in earnings of unconsolidated subsidiary	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$50.35M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$19.41M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$22.65M	USD	1 Quarter
Income before equity in earnings of unconsolidated subsidiary	`IncomeLossBeforeEquityMethodInvestments`	$36.07M	USD	1 Quarter
Income before equity in earnings of unconsolidated subsidiary	`IncomeLossBeforeEquityMethodInvestments`	$30.94M	USD	1 Quarter
Equity in earnings of unconsolidated subsidiary	`IncomeLossFromEquityMethodInvestments`	$94.00K	USD	1 Quarter
Equity in earnings of unconsolidated subsidiary	`IncomeLossFromEquityMethodInvestments`	$91.00K	USD	1 Quarter
Net income	`ProfitLoss`	$36.16M	USD	1 Quarter
Net income	`ProfitLoss`	$31.03M	USD	1 Quarter
Unrealized holding gains during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$442.00K	USD	1 Quarter
Unrealized holding gains during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$629.00K	USD	1 Quarter
Unrealized gains on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$984.00K	USD	1 Quarter
Unrealized gains on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$478.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$31.95M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$37.78M	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.71	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.80	USD	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.57M	shares	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.25M	shares	1 Quarter
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.01M	shares	1 Quarter
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.53M	shares	1 Quarter

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$36.16M	USD	1 Quarter
Net income	`ProfitLoss`	$31.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.32M	USD	1 Quarter
Loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-39.00K	USD	1 Quarter
Loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-44.00K	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$1.10M	USD	1 Quarter
Equity-based compensation expense	`ShareBasedCompensation`	$1.96M	USD	1 Quarter
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.17M	USD	1 Quarter
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$10.58M	USD	1 Quarter
Equity in earnings of unconsolidated subsidiary	`IncomeLossFromEquityMethodInvestments`	$94.00K	USD	1 Quarter
Equity in earnings of unconsolidated subsidiary	`IncomeLossFromEquityMethodInvestments`	$91.00K	USD	1 Quarter
Dividends received	`DividendIncomeOperating`	$-403.00K	USD	1 Quarter
Dividends received	`DividendIncomeOperating`	$-427.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$345.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-133.00K	USD	1 Quarter
Trade and other accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$10.76M	USD	1 Quarter
Trade and other accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-2.19M	USD	1 Quarter
Parts and supplies inventory	`IncreaseDecreaseInInventories`	$162.00K	USD	1 Quarter
Parts and supplies inventory	`IncreaseDecreaseInInventories`	$81.00K	USD	1 Quarter
Prepaids and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.39M	USD	1 Quarter
Prepaids and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.74M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$29.09M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.01M	USD	1 Quarter
Insurance accruals	`IncreaseDecreaseInAccruedInsurance`	$2.50M	USD	1 Quarter
Insurance accruals	`IncreaseDecreaseInAccruedInsurance`	$1.48M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$72.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$44.59M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.52M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.31M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$10.00K	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$42.00K	USD	1 Quarter
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$32.72M	USD	1 Quarter
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.30M	USD	1 Quarter
Net change in insurance collateral	`NetChangeInInsuranceCollateral`	$2.37M	USD	1 Quarter
Net change in insurance collateral	`NetChangeInInsuranceCollateral`	$12.41M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-474.00K	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-290.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.14M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.12M	USD	1 Quarter
EMSC issuance of class A common stock	`ProceedsFromIssuanceOfCommonStock`	$551.00K	USD	1 Quarter
EMSC issuance of class A common stock	`ProceedsFromIssuanceOfCommonStock`	$4.40M	USD	1 Quarter
Class A common stock repurchased as treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.30M	USD	1 Quarter
Repayments of capital lease obligations and other debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.97M	USD	1 Quarter
Repayments of capital lease obligations and other debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.18M	USD	1 Quarter
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.17M	USD	1 Quarter
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$10.58M	USD	1 Quarter
Net change in bank overdrafts	`ProceedsFromRepaymentsOfBankOverdrafts`	$-3.10M	USD	1 Quarter
Net change in bank overdrafts	`ProceedsFromRepaymentsOfBankOverdrafts`	$12.10M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.70M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.55M	USD	1 Quarter
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$48.17M	USD	1 Quarter
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$47.41M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$381.06M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$332.89M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$287.36M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$334.77M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$381.06M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$332.89M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$287.36M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$334.77M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.