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10-Q Filing

UNIVERSAL HEALTH SERVICES INC CIK: 352915 Q1 2012
Filing Information
Form Type 10-Q
Accession Number 0001193125-12-218389
Period End Date 20120331
Filing Date 20120508
Fiscal Year 2012
Fiscal Period Q1
XBRL Instance uhs-20120331.xml
Filing Contents
Balance Sheet 56 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $42.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $41.23M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $52.08M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $29.47M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $969.80M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.12B USD Point-in-time
Supplies Supplies $96.78M USD Point-in-time
Supplies Supplies $96.97M USD Point-in-time
Other current assets OtherAssetsCurrent $91.62M USD Point-in-time
Other current assets OtherAssetsCurrent $99.86M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $115.92M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $108.32M USD Point-in-time
Current assets held for sale AssetsHeldForSaleCurrent - USD Point-in-time
Current assets held for sale AssetsHeldForSaleCurrent $48.92M USD Point-in-time
Total current assets AssetsCurrent $1.36B USD Point-in-time
Total current assets AssetsCurrent $1.46B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $5.11B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $5.19B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.82B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.88B USD Point-in-time
Property and equipment, net, total PropertyPlantAndEquipmentNet $3.29B USD Point-in-time
Property and equipment, net, total PropertyPlantAndEquipmentNet $3.30B USD Point-in-time
Goodwill Goodwill $2.63B USD Point-in-time
Goodwill Goodwill $2.63B USD Point-in-time
Deferred charges DeferredOfferingCosts $111.78M USD Point-in-time
Deferred charges DeferredOfferingCosts $105.87M USD Point-in-time
Other OtherAssetsNoncurrent $280.26M USD Point-in-time
Other OtherAssetsNoncurrent $272.98M USD Point-in-time
Total assets Assets $7.78B USD Point-in-time
Total assets Assets $7.67B USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $2.51M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $2.48M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $814.17M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $832.12M USD Point-in-time
Current liabilities held for sale LiabilitiesOfAssetsHeldForSale $2.33M USD Point-in-time
Current liabilities held for sale LiabilitiesOfAssetsHeldForSale - USD Point-in-time
Federal and state taxes TaxesPayableCurrent - USD Point-in-time
Federal and state taxes TaxesPayableCurrent $75.31M USD Point-in-time
Total current liabilities LiabilitiesCurrent $891.99M USD Point-in-time
Total current liabilities LiabilitiesCurrent $836.93M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $401.91M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $403.07M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.58B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.65B USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $198.65M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $209.59M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityRedemptionValue $218.27M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityRedemptionValue $228.93M USD Point-in-time
UHS common stockholders' equity StockholdersEquity $2.30B USD Point-in-time
UHS common stockholders' equity StockholdersEquity $2.43B USD Point-in-time
Noncontrolling interest MinorityInterest $50.77M USD Point-in-time
Noncontrolling interest MinorityInterest $51.49M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.35B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.48B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $7.67B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $7.78B USD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Net revenues before provision for doubtful accounts HealthCareOrganizationRevenue $1.98B USD 1 Quarter
Net revenues before provision for doubtful accounts HealthCareOrganizationRevenue $1.91B USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $153.12M USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $151.71M USD 1 Quarter
Net revenues SalesRevenueNet $1.83B USD 1 Quarter
Net revenues SalesRevenueNet $1.76B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $845.86M USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $889.51M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $349.45M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $359.54M USD 1 Quarter
Supplies expense SuppliesExpense $209.53M USD 1 Quarter
Supplies expense SuppliesExpense $207.17M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $73.82M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $71.35M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $23.86M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $23.17M USD 1 Quarter
Total operating expenses OperatingExpenses $1.50B USD 1 Quarter
Total operating expenses OperatingExpenses $1.56B USD 1 Quarter
Income from operations OperatingIncomeLoss $260.41M USD 1 Quarter
Income from operations OperatingIncomeLoss $269.03M USD 1 Quarter
Interest expense, net InterestExpense $46.71M USD 1 Quarter
Interest expense, net InterestExpense $56.42M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $222.32M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $204.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $79.75M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $74.01M USD 1 Quarter
Net income ProfitLoss $129.99M USD 1 Quarter
Net income ProfitLoss $142.57M USD 1 Quarter
Less: Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $13.96M USD 1 Quarter
Less: Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $15.79M USD 1 Quarter
Net income attributable to UHS NetIncomeLoss $128.61M USD 1 Quarter
Net income attributable to UHS NetIncomeLoss $114.19M USD 1 Quarter
Basic earnings per share attributable to UHS EarningsPerShareBasic $1.17 USD 1 Quarter
Basic earnings per share attributable to UHS EarningsPerShareBasic $1.33 USD 1 Quarter
Diluted earnings per share attributable to UHS EarningsPerShareDiluted $1.31 USD 1 Quarter
Diluted earnings per share attributable to UHS EarningsPerShareDiluted $1.15 USD 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 96.59M shares 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 97.38M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 1.49M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 1.20M shares 1 Quarter
Weighted average number of common shares and equivalents - diluted WeightedAverageNumberOfDilutedSharesOutstanding 98.87M shares 1 Quarter
Weighted average number of common shares and equivalents - diluted WeightedAverageNumberOfDilutedSharesOutstanding 97.79M shares 1 Quarter
Cash Flow Statement 64 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $129.99M USD 1 Quarter
Net income ProfitLoss $142.57M USD 1 Quarter
Depreciation & amortization DepreciationDepletionAndAmortization $73.82M USD 1 Quarter
Depreciation & amortization DepreciationDepletionAndAmortization $71.53M USD 1 Quarter
Stock based compensation expense ShareBasedCompensation $5.49M USD 1 Quarter
Stock based compensation expense ShareBasedCompensation $3.95M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $103.92M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $146.67M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $-12.88M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $-13.28M USD 1 Quarter
Accrued and deferred income taxes AccruedAndDeferredIncomeTaxes $68.99M USD 1 Quarter
Accrued and deferred income taxes AccruedAndDeferredIncomeTaxes $75.47M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $27.06M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $48.07M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-6.78M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-7.12M USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $11.21M USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $-2.08M USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid AccruedInsuranceExpenseNetOfCommercialPremiumsPaid $24.58M USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid AccruedInsuranceExpenseNetOfCommercialPremiumsPaid $23.74M USD 1 Quarter
Payments made in settlement of self-insurance claims PaymentsMadeInSettlementOfSelfInsuranceClaims $14.91M USD 1 Quarter
Payments made in settlement of self-insurance claims PaymentsMadeInSettlementOfSelfInsuranceClaims $18.28M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $127.22M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $183.18M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $56.56M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $92.56M USD 1 Quarter
Proceeds received from sale of assets and businesses ProceedsFromSaleOfOtherProductiveAssets $53.46M USD 1 Quarter
Proceeds received from sale of assets and businesses ProceedsFromSaleOfOtherProductiveAssets $991.00K USD 1 Quarter
Costs incurred for purchase and implementation of electronic health records application HealthCareOrganizationExpensesNet $-14.50M USD 1 Quarter
Costs incurred for purchase and implementation of electronic health records application HealthCareOrganizationExpensesNet $-8.14M USD 1 Quarter
Return of deposit on terminated purchase agreement ReturnOfDepositOnTerminatedPurchaseAgreement - USD 1 Quarter
Return of deposit on terminated purchase agreement ReturnOfDepositOnTerminatedPurchaseAgreement $6.50M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-47.10M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-63.71M USD 1 Quarter
Reduction of long-term debt RepaymentsOfLongTermDebt $136.40M USD 1 Quarter
Reduction of long-term debt RepaymentsOfLongTermDebt $70.94M USD 1 Quarter
Additional borrowings AdditionalBorrowingsInFinancingActivities - USD 1 Quarter
Additional borrowings AdditionalBorrowingsInFinancingActivities $73.50M USD 1 Quarter
Financing costs PaymentsOfFinancingCosts $23.14M USD 1 Quarter
Financing costs PaymentsOfFinancingCosts - USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $2.02M USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $3.17M USD 1 Quarter
Dividends paid PaymentsOfDividends $4.88M USD 1 Quarter
Dividends paid PaymentsOfDividends $4.83M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $1.02M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $1.25M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $4.03M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $2.58M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-79.35M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-96.86M USD 1 Quarter
Increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $770.00K USD 1 Quarter
Increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $22.60M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $42.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $41.23M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $52.08M 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 $42.00M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $41.23M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $52.08M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $29.47M USD Point-in-time
Interest paid InterestPaidNet $25.95M USD 1 Quarter
Interest paid InterestPaidNet $37.13M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $3.42M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $4.53M USD 1 Quarter
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $129.99M USD 1 Quarter
Net income ProfitLoss $142.57M USD 1 Quarter
Unrealized derivative gains on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $1.61M USD 1 Quarter
Unrealized derivative gains on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $2.31M USD 1 Quarter
Amortization of terminated hedge OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax $-84.00K USD 1 Quarter
Amortization of terminated hedge OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax $-84.00K USD 1 Quarter
Other comprehensive income before tax OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecrease $1.53M USD 1 Quarter
Other comprehensive income before tax OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecrease $2.22M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $860.00K USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $582.00K USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease $949.00K USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease $1.36M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $131.35M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $143.52M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-13.96M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-15.79M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $115.56M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $129.56M USD 1 Quarter

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

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