10-Q Filing

UNIVERSAL HEALTH SERVICES INC CIK: 352915 Q2 2010

Filing Information

Form Type	10-Q
Accession Number	`0001193125-10-182340`
Period End Date	20100630
Filing Date	20100809
Fiscal Year	2010
Fiscal Period	Q2
XBRL Instance	uhs-20100630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 80 Cash Flow Statement 68

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.34M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$618.86M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$602.56M	USD	Point-in-time
Supplies	`Supplies`	$84.68M	USD	Point-in-time
Supplies	`Supplies`	$84.27M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$27.27M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$38.98M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$51.34M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$51.11M	USD	Point-in-time
Current assets held for sale	`AssetsHeldForSaleCurrent`	$16.25M	USD	Point-in-time
Current assets held for sale	`AssetsHeldForSaleCurrent`	$21.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$822.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$796.20M	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$3.74B	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$3.82B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.51B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.42B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.32B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.31B	USD	Point-in-time
Goodwill	`Goodwill`	$732.68M	USD	Point-in-time
Goodwill	`Goodwill`	$732.75M	USD	Point-in-time
Deferred charges	`DeferredOfferingCosts`	$8.86M	USD	Point-in-time
Deferred charges	`DeferredOfferingCosts`	$8.64M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$111.70M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$118.30M	USD	Point-in-time
Total Assets	`Assets`	$3.96B	USD	Point-in-time
Total Assets	`Assets`	$3.99B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$2.57M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$2.03M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$578.62M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$552.79M	USD	Point-in-time
Federal and state taxes	`TaxesPayableCurrent`	$1.63M	USD	Point-in-time
Federal and state taxes	`TaxesPayableCurrent`	$3.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$558.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$582.82M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$346.31M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$375.58M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$956.43M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$881.34M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$60.09M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$68.39M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterests`	$205.46M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterests`	$197.15M	USD	Point-in-time
UHS common stockholders' equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
UHS common stockholders' equity	`StockholdersEquity`	$1.89B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$42.77M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$41.32M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.93B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.99B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.96B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`HealthCareOrganizationRevenue`	$1.30B	USD	1 Quarter
Net revenues	`HealthCareOrganizationRevenue`	$1.34B	USD	1 Quarter
Net revenues	`HealthCareOrganizationRevenue`	$2.62B	USD	2 Qtrs
Net revenues	`HealthCareOrganizationRevenue`	$2.69B	USD	2 Qtrs
Salaries, wages and benefits	`LaborAndRelatedExpense`	$541.95M	USD	1 Quarter
Salaries, wages and benefits	`LaborAndRelatedExpense`	$563.55M	USD	1 Quarter
Salaries, wages and benefits	`LaborAndRelatedExpense`	$1.14B	USD	2 Qtrs
Salaries, wages and benefits	`LaborAndRelatedExpense`	$1.08B	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$232.89M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$249.11M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$496.14M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$506.12M	USD	2 Qtrs
Supplies expense	`SuppliesExpense`	$363.74M	USD	2 Qtrs
Supplies expense	`SuppliesExpense`	$179.93M	USD	1 Quarter
Supplies expense	`SuppliesExpense`	$176.41M	USD	1 Quarter
Supplies expense	`SuppliesExpense`	$350.38M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$120.67M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$143.76M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$269.15M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$239.65M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$107.54M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$102.22M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$51.09M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$54.02M	USD	1 Quarter
Lease and rental expense	`LeaseAndRentalExpense`	$36.12M	USD	2 Qtrs
Lease and rental expense	`LeaseAndRentalExpense`	$18.18M	USD	1 Quarter
Lease and rental expense	`LeaseAndRentalExpense`	$17.59M	USD	1 Quarter
Lease and rental expense	`LeaseAndRentalExpense`	$34.66M	USD	2 Qtrs
Total operating charges	`OperatingExpenses`	$1.21B	USD	1 Quarter
Total operating charges	`OperatingExpenses`	$1.14B	USD	1 Quarter
Total operating charges	`OperatingExpenses`	$2.42B	USD	2 Qtrs
Total operating charges	`OperatingExpenses`	$2.32B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$163.04M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$129.75M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$299.79M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$270.30M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$24.52M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$24.65M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$12.28M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$11.88M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$245.64M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$275.28M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$151.16M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$117.47M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$41.06M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$57.19M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$99.27M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$86.47M	USD	2 Qtrs
Net income	`ProfitLoss`	$176.01M	USD	2 Qtrs
Net income	`ProfitLoss`	$76.42M	USD	1 Quarter
Net income	`ProfitLoss`	$93.98M	USD	1 Quarter
Net income	`ProfitLoss`	$159.18M	USD	2 Qtrs
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.79M	USD	2 Qtrs
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$27.58M	USD	2 Qtrs
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.84M	USD	1 Quarter
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.08M	USD	1 Quarter
Net income attributable to UHS	`NetIncomeLoss`	$80.89M	USD	1 Quarter
Net income attributable to UHS	`NetIncomeLoss`	$137.39M	USD	2 Qtrs
Net income attributable to UHS	`NetIncomeLoss`	$148.43M	USD	2 Qtrs
Net income attributable to UHS	`NetIncomeLoss`	$65.57M	USD	1 Quarter
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$1.42	USD	2 Qtrs
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$1.51	USD	2 Qtrs
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$0.68	USD	1 Quarter
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$1.40	USD	2 Qtrs
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$0.67	USD	1 Quarter
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$0.82	USD	1 Quarter
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$1.50	USD	2 Qtrs
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	97,700.00	shares	1 Quarter
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	96,703.00	shares	1 Quarter
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	98,056.00	shares	2 Qtrs
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	96,621.00	shares	2 Qtrs
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	404.00	shares	1 Quarter
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	202.00	shares	2 Qtrs
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1,351.00	shares	1 Quarter
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1,131.00	shares	2 Qtrs
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	98,104.00	shares	1 Quarter
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	98,054.00	shares	1 Quarter
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	97,752.00	shares	2 Qtrs
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	98,258.00	shares	2 Qtrs

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$176.01M	USD	2 Qtrs
Net income	`ProfitLoss`	$76.42M	USD	1 Quarter
Net income	`ProfitLoss`	$93.98M	USD	1 Quarter
Net income	`ProfitLoss`	$159.18M	USD	2 Qtrs
Depreciation & amortization	`DepreciationDepletionAndAmortization`	$102.22M	USD	2 Qtrs
Depreciation & amortization	`DepreciationDepletionAndAmortization`	$107.54M	USD	2 Qtrs
Net gain on sale of assets	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Net gain on sale of assets	`GainLossOnDispositionOfAssets`	$1.99M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.60M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.33M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.39M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-16.52M	USD	2 Qtrs
Construction management and other receivable	`ConstructionManagementAndOtherReceivable`	-	USD	2 Qtrs
Construction management and other receivable	`ConstructionManagementAndOtherReceivable`	$-21.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-1.76M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$106.00K	USD	2 Qtrs
Accrued and deferred income taxes	`AccruedAndDeferredIncomeTaxes`	$-7.93M	USD	2 Qtrs
Accrued and deferred income taxes	`AccruedAndDeferredIncomeTaxes`	$-3.95M	USD	2 Qtrs
Other working capital accounts	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.50M	USD	2 Qtrs
Other working capital accounts	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-15.75M	USD	2 Qtrs
Other assets and deferred charges	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.84M	USD	2 Qtrs
Other assets and deferred charges	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.87M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.51M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingLiabilities`	$-3.27M	USD	2 Qtrs
Accrued insurance expense, net of commercial premiums paid	`AccruedInsuranceExpenseNetOfCommercialPremiumsPaid`	$13.32M	USD	2 Qtrs
Accrued insurance expense, net of commercial premiums paid	`AccruedInsuranceExpenseNetOfCommercialPremiumsPaid`	$15.49M	USD	2 Qtrs
Payments made in settlement of self-insurance claims	`PaymentsMadeInSettlementOfSelfInsuranceClaims`	$-27.70M	USD	2 Qtrs
Payments made in settlement of self-insurance claims	`PaymentsMadeInSettlementOfSelfInsuranceClaims`	$-29.82M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$219.37M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$300.84M	USD	2 Qtrs
Property and equipment additions, net of disposals	`PaymentsToAcquirePropertyPlantAndEquipment`	$183.25M	USD	2 Qtrs
Property and equipment additions, net of disposals	`PaymentsToAcquirePropertyPlantAndEquipment`	$121.64M	USD	2 Qtrs
Proceeds received from sale of assets	`ProceedsFromSaleOfOtherProductiveAssets`	-	USD	2 Qtrs
Proceeds received from sale of assets	`ProceedsFromSaleOfOtherProductiveAssets`	$5.00M	USD	2 Qtrs
Acquisition of property and business	`PaymentsToAcquireBuildings`	$9.01M	USD	2 Qtrs
Acquisition of property and business	`PaymentsToAcquireBuildings`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-116.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-192.25M	USD	2 Qtrs
Reduction of long-term debt	`RepaymentsOfLongTermDebt`	$77.97M	USD	2 Qtrs
Reduction of long-term debt	`RepaymentsOfLongTermDebt`	$77.36M	USD	2 Qtrs
Additional borrowings	`AdditionalBorrowingsInFinancingActivities`	-	USD	2 Qtrs
Additional borrowings	`AdditionalBorrowingsInFinancingActivities`	$170.00K	USD	2 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$15.44M	USD	2 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$3.70M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$9.69M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$7.89M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.35M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.83M	USD	2 Qtrs
Profit distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$4.26M	USD	2 Qtrs
Profit distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$12.34M	USD	2 Qtrs
Proceeds from sale of noncontrolling interest in majority owned business	`ProceedsFromSaleOfNoncontrollingInterestInMajorityOwnedBusiness`	-	USD	2 Qtrs
Proceeds from sale of noncontrolling interest in majority owned business	`ProceedsFromSaleOfNoncontrollingInterestInMajorityOwnedBusiness`	$300.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-103.42M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-99.57M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.16M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.16M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.62M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.46M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.34M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.62M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.46M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.34M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$28.72M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$29.78M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$79.94M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$90.94M	USD	2 Qtrs

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