10-Q Filing

UNIVERSAL HEALTH SERVICES INC CIK: 352915 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-213323`
Period End Date	20110630
Filing Date	20110808
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	uhs-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 80 Cash Flow Statement 68

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$837.82M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$913.74M	USD	Point-in-time
Supplies	`Supplies`	$94.33M	USD	Point-in-time
Supplies	`Supplies`	$95.55M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$130.06M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$91.22M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$120.83M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$121.44M	USD	Point-in-time
Current assets held for sale	`AssetsHeldForSaleCurrent`	$111.33M	USD	Point-in-time
Current assets held for sale	`AssetsHeldForSaleCurrent`	$118.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.33B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.37B	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$4.85B	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$4.92B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.70B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.60B	USD	Point-in-time
Property and equipment, net, total	`PropertyPlantAndEquipmentNet`	$3.22B	USD	Point-in-time
Property and equipment, net, total	`PropertyPlantAndEquipmentNet`	$3.25B	USD	Point-in-time
Goodwill	`Goodwill`	$2.61B	USD	Point-in-time
Goodwill	`Goodwill`	$2.59B	USD	Point-in-time
Deferred charges	`DeferredOfferingCosts`	$108.66M	USD	Point-in-time
Deferred charges	`DeferredOfferingCosts`	$120.38M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$245.28M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$251.64M	USD	Point-in-time
Total assets	`Assets`	$7.53B	USD	Point-in-time
Total assets	`Assets`	$7.57B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$3.45M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$2.54M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$819.33M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$769.00M	USD	Point-in-time
Current liabilities held for sale	`LiabilitiesOfAssetsHeldForSale`	$3.52M	USD	Point-in-time
Current liabilities held for sale	`LiabilitiesOfAssetsHeldForSale`	$4.01M	USD	Point-in-time
Federal and state taxes	`TaxesPayableCurrent`	$8.98M	USD	Point-in-time
Federal and state taxes	`TaxesPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$784.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$826.30M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$380.65M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$402.74M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.91B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.75B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$179.71M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$173.35M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityRedemptionValue`	$211.76M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityRedemptionValue`	$214.68M	USD	Point-in-time
UHS common stockholders' equity	`StockholdersEquity`	$2.19B	USD	Point-in-time
UHS common stockholders' equity	`StockholdersEquity`	$1.98B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$45.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$47.06M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.57B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.53B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`HealthCareOrganizationRevenue`	$1.34B	USD	1 Quarter
Net revenues	`HealthCareOrganizationRevenue`	$3.81B	USD	2 Qtrs
Net revenues	`HealthCareOrganizationRevenue`	$2.69B	USD	2 Qtrs
Net revenues	`HealthCareOrganizationRevenue`	$1.90B	USD	1 Quarter
Salaries, wages and benefits	`LaborAndRelatedExpense`	$1.14B	USD	2 Qtrs
Salaries, wages and benefits	`LaborAndRelatedExpense`	$852.08M	USD	1 Quarter
Salaries, wages and benefits	`LaborAndRelatedExpense`	$563.55M	USD	1 Quarter
Salaries, wages and benefits	`LaborAndRelatedExpense`	$1.70B	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$354.83M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$496.14M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$249.11M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$704.28M	USD	2 Qtrs
Supplies expense	`SuppliesExpense`	$412.76M	USD	2 Qtrs
Supplies expense	`SuppliesExpense`	$363.74M	USD	2 Qtrs
Supplies expense	`SuppliesExpense`	$179.93M	USD	1 Quarter
Supplies expense	`SuppliesExpense`	$205.59M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$143.76M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$314.03M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$269.15M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$160.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$144.59M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$73.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$54.02M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$107.54M	USD	2 Qtrs
Lease and rental expense	`LeaseAndRentalExpense`	$23.34M	USD	1 Quarter
Lease and rental expense	`LeaseAndRentalExpense`	$18.18M	USD	1 Quarter
Lease and rental expense	`LeaseAndRentalExpense`	$46.51M	USD	2 Qtrs
Lease and rental expense	`LeaseAndRentalExpense`	$36.12M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.42B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.67B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.21B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.32B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$129.75M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$270.30M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$232.24M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$492.65M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$12.28M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$49.81M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$24.65M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$106.22M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$245.64M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$386.43M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$117.47M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$182.43M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$86.47M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$41.06M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$140.40M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$66.39M	USD	1 Quarter
Net income	`ProfitLoss`	$159.18M	USD	2 Qtrs
Net income	`ProfitLoss`	$246.02M	USD	2 Qtrs
Net income	`ProfitLoss`	$116.03M	USD	1 Quarter
Net income	`ProfitLoss`	$76.42M	USD	1 Quarter
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$28.18M	USD	2 Qtrs
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.79M	USD	2 Qtrs
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$12.38M	USD	1 Quarter
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.84M	USD	1 Quarter
Net income attributable to UHS	`NetIncomeLoss`	$137.39M	USD	2 Qtrs
Net income attributable to UHS	`NetIncomeLoss`	$217.84M	USD	2 Qtrs
Net income attributable to UHS	`NetIncomeLoss`	$103.65M	USD	1 Quarter
Net income attributable to UHS	`NetIncomeLoss`	$65.57M	USD	1 Quarter
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$1.06	USD	1 Quarter
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$0.68	USD	1 Quarter
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$2.23	USD	2 Qtrs
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$1.42	USD	2 Qtrs
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$0.67	USD	1 Quarter
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$1.04	USD	1 Quarter
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$1.40	USD	2 Qtrs
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$2.20	USD	2 Qtrs
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	96.70M	shares	1 Quarter
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	97.56M	shares	1 Quarter
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	97.47M	shares	2 Qtrs
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	96.62M	shares	2 Qtrs
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.59M	shares	2 Qtrs
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.70M	shares	1 Quarter
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.35M	shares	1 Quarter
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.13M	shares	2 Qtrs
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	99.26M	shares	1 Quarter
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	99.06M	shares	2 Qtrs
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.05M	shares	1 Quarter
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	97.75M	shares	2 Qtrs

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$159.18M	USD	2 Qtrs
Net income	`ProfitLoss`	$246.02M	USD	2 Qtrs
Net income	`ProfitLoss`	$116.03M	USD	1 Quarter
Net income	`ProfitLoss`	$76.42M	USD	1 Quarter
Depreciation & amortization	`DepreciationDepletionAndAmortization`	$107.54M	USD	2 Qtrs
Depreciation & amortization	`DepreciationDepletionAndAmortization`	$144.95M	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`	$8.33M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.66M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.52M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$77.66M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.76M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$2.31M	USD	2 Qtrs
Accrued and deferred income taxes	`AccruedAndDeferredIncomeTaxes`	$3.95M	USD	2 Qtrs
Accrued and deferred income taxes	`AccruedAndDeferredIncomeTaxes`	$55.42M	USD	2 Qtrs
Other working capital accounts	`IncreaseDecreaseInOtherOperatingCapitalNet`	$48.42M	USD	2 Qtrs
Other working capital accounts	`IncreaseDecreaseInOtherOperatingCapitalNet`	$15.75M	USD	2 Qtrs
Other assets and deferred charges	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-11.53M	USD	2 Qtrs
Other assets and deferred charges	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.48M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.47M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.51M	USD	2 Qtrs
Accrued insurance expense, net of commercial premiums paid	`AccruedInsuranceExpenseNetOfCommercialPremiumsPaid`	$15.49M	USD	2 Qtrs
Accrued insurance expense, net of commercial premiums paid	`AccruedInsuranceExpenseNetOfCommercialPremiumsPaid`	$47.48M	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`	$33.37M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$227.72M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$355.78M	USD	2 Qtrs
Property and equipment additions, net of disposals	`PaymentsToAcquirePropertyPlantAndEquipment`	$121.64M	USD	2 Qtrs
Property and equipment additions, net of disposals	`PaymentsToAcquirePropertyPlantAndEquipment`	$116.24M	USD	2 Qtrs
Proceeds received from sale of assets and businesses	`ProceedsFromSaleOfOtherProductiveAssets`	$2.04M	USD	2 Qtrs
Proceeds received from sale of assets and businesses	`ProceedsFromSaleOfOtherProductiveAssets`	$5.00M	USD	2 Qtrs
Costs incurred for purchase and implementation of electronic health records application	`HealthCareOrganizationExpensesNet`	$-11.42M	USD	2 Qtrs
Costs incurred for purchase and implementation of electronic health records application	`HealthCareOrganizationExpensesNet`	$-8.35M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-125.61M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-124.99M	USD	2 Qtrs
Reduction of long-term debt	`RepaymentsOfLongTermDebt`	$200.57M	USD	2 Qtrs
Reduction of long-term debt	`RepaymentsOfLongTermDebt`	$77.97M	USD	2 Qtrs
Additional borrowings	`AdditionalBorrowingsInFinancingActivities`	-	USD	2 Qtrs
Additional borrowings	`AdditionalBorrowingsInFinancingActivities`	$36.00M	USD	2 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$23.53M	USD	2 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$6.16M	USD	2 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$3.70M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$9.76M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$9.69M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.83M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.41M	USD	2 Qtrs
Profit distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$23.20M	USD	2 Qtrs
Profit distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$12.34M	USD	2 Qtrs
Proceeds from sale of noncontrolling interest in majority owned business	`ProceedsFromSaleOfInterestInCorporateUnit`	$300.00K	USD	2 Qtrs
Proceeds from sale of noncontrolling interest in majority owned business	`ProceedsFromSaleOfInterestInCorporateUnit`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-224.82M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-99.57M	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.34M	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.16M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.34M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.47M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$34.82M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.34M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.47M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$34.82M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$29.78M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$102.21M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$79.94M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$83.53M	USD	2 Qtrs

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