10-Q Filing

UNIVERSAL HEALTH SERVICES INC CIK: 352915 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-299501`
Period End Date	20110930
Filing Date	20111107
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	uhs-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 80 Cash Flow Statement 72

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.47M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$945.19M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$837.82M	USD	Point-in-time
Supplies	`Supplies`	$94.33M	USD	Point-in-time
Supplies	`Supplies`	$95.78M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$95.86M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$130.06M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$120.83M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$103.03M	USD	Point-in-time
Assets of facilities held for sale	`AssetsHeldForSaleCurrent`	$92.94M	USD	Point-in-time
Assets of facilities held for sale	`AssetsHeldForSaleCurrent`	$118.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.37B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.33B	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$4.85B	USD	Point-in-time
Property and equipment	`PropertyPlantAndEquipmentGross`	$5.01B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.76B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.60B	USD	Point-in-time
Property and equipment, net, total	`PropertyPlantAndEquipmentNet`	$3.25B	USD	Point-in-time
Property and equipment, net, total	`PropertyPlantAndEquipmentNet`	$3.25B	USD	Point-in-time
Goodwill	`Goodwill`	$2.59B	USD	Point-in-time
Goodwill	`Goodwill`	$2.61B	USD	Point-in-time
Deferred charges	`DeferredOfferingCosts`	$116.23M	USD	Point-in-time
Deferred charges	`DeferredOfferingCosts`	$108.66M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$245.28M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$261.17M	USD	Point-in-time
Total assets	`Assets`	$7.61B	USD	Point-in-time
Total assets	`Assets`	$7.53B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$3.45M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$2.51M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$819.33M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$796.04M	USD	Point-in-time
Liabilities of facilities held for sale	`LiabilitiesOfAssetsHeldForSale`	$2.87M	USD	Point-in-time
Liabilities of facilities held for sale	`LiabilitiesOfAssetsHeldForSale`	$3.52M	USD	Point-in-time
Federal and state taxes	`TaxesPayableCurrent`	$31.47M	USD	Point-in-time
Federal and state taxes	`TaxesPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$826.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$832.89M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$428.44M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$380.65M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.91B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.69B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$177.22M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$173.35M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityRedemptionValue`	$213.13M	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityRedemptionValue`	$211.76M	USD	Point-in-time
UHS common stockholders' equity	`StockholdersEquity`	$1.98B	USD	Point-in-time
UHS common stockholders' equity	`StockholdersEquity`	$2.22B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$47.64M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$45.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.53B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.61B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`HealthCareOrganizationRevenue`	$5.66B	USD	3 Qtrs
Net revenues	`HealthCareOrganizationRevenue`	$1.32B	USD	1 Quarter
Net revenues	`HealthCareOrganizationRevenue`	$1.85B	USD	1 Quarter
Net revenues	`HealthCareOrganizationRevenue`	$4.01B	USD	3 Qtrs
Salaries, wages and benefits	`LaborAndRelatedExpense`	$1.72B	USD	3 Qtrs
Salaries, wages and benefits	`LaborAndRelatedExpense`	$845.82M	USD	1 Quarter
Salaries, wages and benefits	`LaborAndRelatedExpense`	$2.54B	USD	3 Qtrs
Salaries, wages and benefits	`LaborAndRelatedExpense`	$572.74M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$1.05B	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$350.36M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$754.53M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$258.39M	USD	1 Quarter
Supplies expense	`SuppliesExpense`	$202.82M	USD	1 Quarter
Supplies expense	`SuppliesExpense`	$180.02M	USD	1 Quarter
Supplies expense	`SuppliesExpense`	$543.77M	USD	3 Qtrs
Supplies expense	`SuppliesExpense`	$615.58M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$402.62M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$133.47M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$469.93M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$155.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$75.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$55.53M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$163.07M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$219.75M	USD	3 Qtrs
Lease and rental expense	`LeaseAndRentalExpense`	$54.55M	USD	3 Qtrs
Lease and rental expense	`LeaseAndRentalExpense`	$23.08M	USD	1 Quarter
Lease and rental expense	`LeaseAndRentalExpense`	$69.58M	USD	3 Qtrs
Lease and rental expense	`LeaseAndRentalExpense`	$18.43M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.65B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.63B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.22B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.97B	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$104.68M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$688.18M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$195.53M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$374.98M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$154.68M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$11.48M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$36.13M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$48.45M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$93.21M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$338.85M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$147.08M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$533.50M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$113.87M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$52.23M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$27.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$192.64M	USD	3 Qtrs
Net income	`ProfitLoss`	$65.80M	USD	1 Quarter
Net income	`ProfitLoss`	$94.84M	USD	1 Quarter
Net income	`ProfitLoss`	$340.86M	USD	3 Qtrs
Net income	`ProfitLoss`	$224.98M	USD	3 Qtrs
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.19M	USD	1 Quarter
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$31.98M	USD	3 Qtrs
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.79M	USD	1 Quarter
Less: Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$37.97M	USD	3 Qtrs
Net income attributable to UHS	`NetIncomeLoss`	$85.05M	USD	1 Quarter
Net income attributable to UHS	`NetIncomeLoss`	$193.00M	USD	3 Qtrs
Net income attributable to UHS	`NetIncomeLoss`	$55.61M	USD	1 Quarter
Net income attributable to UHS	`NetIncomeLoss`	$302.90M	USD	3 Qtrs
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$0.87	USD	1 Quarter
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$1.99	USD	3 Qtrs
Basic earnings per share attributable to UHS	`EarningsPerShareBasic`	$3.10	USD	3 Qtrs
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$3.06	USD	3 Qtrs
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$1.96	USD	3 Qtrs
Diluted earnings per share attributable to UHS	`EarningsPerShareDiluted`	$0.86	USD	1 Quarter
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	96.78M	shares	1 Quarter
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	97.40M	shares	1 Quarter
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	96.67M	shares	3 Qtrs
Weighted average number of common shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	97.45M	shares	3 Qtrs
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.46M	shares	3 Qtrs
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.16M	shares	1 Quarter
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.20M	shares	1 Quarter
Add: Other share equivalents	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.14M	shares	3 Qtrs
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	97.81M	shares	3 Qtrs
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	97.94M	shares	1 Quarter
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.91M	shares	3 Qtrs
Weighted average number of common shares and equivalents - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.60M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$65.80M	USD	1 Quarter
Net income	`ProfitLoss`	$94.84M	USD	1 Quarter
Net income	`ProfitLoss`	$340.86M	USD	3 Qtrs
Net income	`ProfitLoss`	$224.98M	USD	3 Qtrs
Depreciation & amortization	`DepreciationDepletionAndAmortization`	$163.07M	USD	3 Qtrs
Depreciation & amortization	`DepreciationDepletionAndAmortization`	$220.21M	USD	3 Qtrs
Loss (gain) on sale of assets	`GainLossOnDispositionOfAssets`	$1.99M	USD	3 Qtrs
Loss (gain) on sale of assets	`GainLossOnDispositionOfAssets`	$-164.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$12.68M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.43M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.75M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$103.70M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-13.14M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-8.44M	USD	3 Qtrs
Accrued and deferred income taxes	`AccruedAndDeferredIncomeTaxes`	$102.95M	USD	3 Qtrs
Accrued and deferred income taxes	`AccruedAndDeferredIncomeTaxes`	$-2.66M	USD	3 Qtrs
Other working capital accounts	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-26.70M	USD	3 Qtrs
Other working capital accounts	`IncreaseDecreaseInOtherOperatingCapitalNet`	$74.34M	USD	3 Qtrs
Other assets and deferred charges	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-20.21M	USD	3 Qtrs
Other assets and deferred charges	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.53M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.56M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingLiabilities`	$4.15M	USD	3 Qtrs
Accrued insurance expense, net of commercial premiums paid	`AccruedInsuranceExpenseNetOfCommercialPremiumsPaid`	$32.77M	USD	3 Qtrs
Accrued insurance expense, net of commercial premiums paid	`AccruedInsuranceExpenseNetOfCommercialPremiumsPaid`	$71.19M	USD	3 Qtrs
Payments made in settlement of self-insurance claims	`PaymentsMadeInSettlementOfSelfInsuranceClaims`	$45.76M	USD	3 Qtrs
Payments made in settlement of self-insurance claims	`PaymentsMadeInSettlementOfSelfInsuranceClaims`	$37.33M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$412.81M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$562.50M	USD	3 Qtrs
Property and equipment additions, net of disposals	`PaymentsToAcquirePropertyPlantAndEquipment`	$177.75M	USD	3 Qtrs
Property and equipment additions, net of disposals	`PaymentsToAcquirePropertyPlantAndEquipment`	$195.40M	USD	3 Qtrs
Proceeds received from sale of assets and businesses	`ProceedsFromSaleOfOtherProductiveAssets`	$21.46M	USD	3 Qtrs
Proceeds received from sale of assets and businesses	`ProceedsFromSaleOfOtherProductiveAssets`	$23.68M	USD	3 Qtrs
Restricted cash related to bond issuance held in escrow pending completion of PSI acquisition	`IncreaseDecreaseInRestrictedCash`	-	USD	3 Qtrs
Restricted cash related to bond issuance held in escrow pending completion of PSI acquisition	`IncreaseDecreaseInRestrictedCash`	$256.97M	USD	3 Qtrs
Acquisition of property and businesses	`PaymentsToAcquireBuildings`	-	USD	3 Qtrs
Acquisition of property and businesses	`PaymentsToAcquireBuildings`	$8.60M	USD	3 Qtrs
Costs incurred for purchase and implementation of electronic health records application	`HealthCareOrganizationExpensesNet`	$-13.22M	USD	3 Qtrs
Costs incurred for purchase and implementation of electronic health records application	`HealthCareOrganizationExpensesNet`	$-27.87M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-426.48M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-208.19M	USD	3 Qtrs
Reduction of long-term debt	`RepaymentsOfLongTermDebt`	$194.60M	USD	3 Qtrs
Reduction of long-term debt	`RepaymentsOfLongTermDebt`	$267.54M	USD	3 Qtrs
Additional borrowings	`AdditionalBorrowingsInFinancingActivities`	$250.00M	USD	3 Qtrs
Additional borrowings	`AdditionalBorrowingsInFinancingActivities`	$36.00M	USD	3 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$5.02M	USD	3 Qtrs
Financing costs	`PaymentsOfFinancingCosts`	$23.56M	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$44.53M	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$3.96M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$14.55M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$14.64M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.60M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.20M	USD	3 Qtrs
Profit distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$23.56M	USD	3 Qtrs
Profit distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$33.96M	USD	3 Qtrs
Proceeds from sale of noncontrolling interest in majority owned business	`ProceedsFromSaleOfInterestInCorporateUnit`	-	USD	3 Qtrs
Proceeds from sale of noncontrolling interest in majority owned business	`ProceedsFromSaleOfInterestInCorporateUnit`	$600.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-344.63M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.11M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.67M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$449.00K	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.15M	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`	$9.63M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.47M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.15M	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`	$9.63M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.47M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$120.71M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$33.58M	USD	3 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$89.27M	USD	3 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$113.52M	USD	3 Qtrs

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