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10-Q Filing

UNIVERSAL HEALTH SERVICES INC CIK: 352915 Q1 2013
Filing Information
Form Type 10-Q
Accession Number 0001193125-13-206131
Period End Date 20130331
Filing Date 20130508
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance uhs-20130331.xml
Filing Contents
Balance Sheet 55 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $17.39M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $23.47M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.15B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.07B USD Point-in-time
Supplies Supplies $99.00M USD Point-in-time
Supplies Supplies $98.97M USD Point-in-time
Other current assets OtherAssetsCurrent $87.94M USD Point-in-time
Other current assets OtherAssetsCurrent $94.15M USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetCurrent $104.46M USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetCurrent $120.69M USD Point-in-time
Assets of facilities held for sale AssetsHeldForSaleCurrent $25.43M USD Point-in-time
Assets of facilities held for sale AssetsHeldForSaleCurrent $20.74M USD Point-in-time
Total current assets AssetsCurrent $1.41B USD Point-in-time
Total current assets AssetsCurrent $1.50B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $5.37B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $5.45B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.05B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.99B USD Point-in-time
Property, plant and equipment, net, Total PropertyPlantAndEquipmentNet $3.40B USD Point-in-time
Property, plant and equipment, net, Total PropertyPlantAndEquipmentNet $3.38B USD Point-in-time
Goodwill Goodwill $3.04B USD Point-in-time
Goodwill Goodwill $3.04B USD Point-in-time
Deferred charges DeferredOfferingCosts $71.22M USD Point-in-time
Deferred charges DeferredOfferingCosts $75.89M USD Point-in-time
Other OtherAssetsNoncurrentOther $306.83M USD Point-in-time
Other OtherAssetsNoncurrentOther $298.46M USD Point-in-time
Total assets Assets $8.20B USD Point-in-time
Total assets Assets $8.32B USD Point-in-time
Total assets Assets $7.78B USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $2.59M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $1.71M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $889.56M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $886.43M USD Point-in-time
Liabilities of facilities held for sale LiabilitiesOfAssetsHeldForSale $850.00K USD Point-in-time
Liabilities of facilities held for sale LiabilitiesOfAssetsHeldForSale $836.00K USD Point-in-time
Federal and state taxes TaxesPayableCurrent $75.09M USD Point-in-time
Federal and state taxes TaxesPayableCurrent $1.06M USD Point-in-time
Total current liabilities LiabilitiesCurrent $964.07M USD Point-in-time
Total current liabilities LiabilitiesCurrent $894.06M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $395.36M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $379.72M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.73B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.67B USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetNoncurrent $-182.57M USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetNoncurrent $-183.75M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityRedemptionValue $234.72M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityRedemptionValue $234.30M USD Point-in-time
UHS common stockholders' equity StockholdersEquity $2.71B USD Point-in-time
UHS common stockholders' equity StockholdersEquity $2.83B USD Point-in-time
Noncontrolling interest MinorityInterest $51.75M USD Point-in-time
Noncontrolling interest MinorityInterest $52.60M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.77B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.89B USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $8.32B USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $8.20B USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Net revenues before provision for doubtful accounts HealthCareOrganizationRevenue $1.94B USD 1 Quarter
Net revenues before provision for doubtful accounts HealthCareOrganizationRevenue $2.08B USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $148.59M USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $246.72M USD 1 Quarter
Net revenues SalesRevenueNet $1.79B USD 1 Quarter
Net revenues SalesRevenueNet $1.83B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $872.11M USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $902.30M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $381.01M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $351.30M USD 1 Quarter
Supplies expense SuppliesExpense $205.36M USD 1 Quarter
Supplies expense SuppliesExpense $204.64M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $79.81M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $71.79M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $23.44M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $24.66M USD 1 Quarter
Electronic health records incentive income ElectronicHealthRecordsIncentiveReimbursement - USD 1 Quarter
Electronic health records incentive income ElectronicHealthRecordsIncentiveReimbursement $4.71M USD 1 Quarter
Operating Expenses, Total OperatingExpenses $1.52B USD 1 Quarter
Operating Expenses, Total OperatingExpenses $1.59B USD 1 Quarter
Income from operations OperatingIncomeLoss $243.92M 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 $39.94M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $222.32M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $203.98M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $79.75M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $74.05M USD 1 Quarter
Net income ProfitLoss $142.57M USD 1 Quarter
Net income ProfitLoss $129.94M USD 1 Quarter
Less: Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $13.96M USD 1 Quarter
Less: Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $10.15M USD 1 Quarter
Net income attributable to UHS NetIncomeLoss $128.61M USD 1 Quarter
Net income attributable to UHS NetIncomeLoss $119.78M USD 1 Quarter
Basic earnings per share attributable to UHS EarningsPerShareBasic $1.23 USD 1 Quarter
Basic earnings per share attributable to UHS EarningsPerShareBasic $1.33 USD 1 Quarter
Diluted earnings per share attributable to UHS EarningsPerShareDiluted $1.21 USD 1 Quarter
Diluted earnings per share attributable to UHS EarningsPerShareDiluted $1.31 USD 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 97.71M shares 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 96.59M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 1.20M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 860,000.00 shares 1 Quarter
Weighted average number of common shares and equivalents - diluted WeightedAverageNumberOfDilutedSharesOutstanding 97.79M shares 1 Quarter
Weighted average number of common shares and equivalents - diluted WeightedAverageNumberOfDilutedSharesOutstanding 98.57M shares 1 Quarter
Cash Flow Statement 64 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $142.57M USD 1 Quarter
Net income ProfitLoss $129.94M USD 1 Quarter
Depreciation & amortization DepreciationDepletionAndAmortization $73.82M USD 1 Quarter
Depreciation & amortization DepreciationDepletionAndAmortization $79.92M USD 1 Quarter
Gain on sales of assets and businesses, net of losses GainLossOnDispositionOfAssets - USD 1 Quarter
Gain on sales of assets and businesses, net of losses GainLossOnDispositionOfAssets $2.09M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $5.49M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $7.11M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $81.86M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $146.67M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $-11.50M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $-13.28M USD 1 Quarter
Accrued and deferred income taxes IncreaseDecreaseInDeferredIncomeTaxesAndAccruedIncomeTaxesPayable $-75.47M USD 1 Quarter
Accrued and deferred income taxes IncreaseDecreaseInDeferredIncomeTaxesAndAccruedIncomeTaxesPayable $-68.89M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $48.07M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $39.78M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-6.66M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-7.12M USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $1.60M USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $-2.08M USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid IncreaseDecreaseInSelfInsuranceReserve $24.58M USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid IncreaseDecreaseInSelfInsuranceReserve $22.96M USD 1 Quarter
Payments made in settlement of self-insurance claims IncreaseDecreaseInInsuranceSettlementsReceivable $17.09M USD 1 Quarter
Payments made in settlement of self-insurance claims IncreaseDecreaseInInsuranceSettlementsReceivable $18.28M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $187.76M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $127.22M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $92.56M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $95.92M USD 1 Quarter
Proceeds received from sale of assets and businesses ProceedsFromSaleOfProductiveAssets $6.66M USD 1 Quarter
Proceeds received from sale of assets and businesses ProceedsFromSaleOfProductiveAssets $53.46M USD 1 Quarter
Costs incurred for purchase and implementation of electronic health records application PaymentsToAcquireOtherProductiveAssets $14.50M USD 1 Quarter
Costs incurred for purchase and implementation of electronic health records application PaymentsToAcquireOtherProductiveAssets $16.41M USD 1 Quarter
Return of deposit on terminated purchase agreement PaymentsForProceedsFromOtherInvestingActivities $-6.50M USD 1 Quarter
Return of deposit on terminated purchase agreement PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-105.67M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-47.10M USD 1 Quarter
Reduction of long-term debt RepaymentsOfLongTermDebt $69.93M USD 1 Quarter
Reduction of long-term debt RepaymentsOfLongTermDebt $70.94M USD 1 Quarter
Additional borrowings ProceedsFromLinesOfCredit - USD 1 Quarter
Additional borrowings ProceedsFromLinesOfCredit $9.50M USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $14.03M USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $2.02M USD 1 Quarter
Dividends paid PaymentsOfDividends $4.83M USD 1 Quarter
Dividends paid PaymentsOfDividends $4.87M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $1.23M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $1.02M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $2.58M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $10.07M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-88.17M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-79.35M USD 1 Quarter
(Decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-6.08M USD 1 Quarter
(Decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $770.00K USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValues $42.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValues $23.47M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValues $41.23M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValues $17.39M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValues $42.00M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValues $23.47M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValues $41.23M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValues $17.39M USD Point-in-time
Interest paid InterestPaidNet $22.98M USD 1 Quarter
Interest paid InterestPaidNet $25.95M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $4.91M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $3.42M USD 1 Quarter
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $142.57M USD 1 Quarter
Net income ProfitLoss $129.94M USD 1 Quarter
Unrealized derivative gains on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $1.61M USD 1 Quarter
Unrealized derivative gains on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $4.54M USD 1 Quarter
Amortization of terminated hedge OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax $-84.00K USD 1 Quarter
Amortization of terminated hedge OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax $-84.00K USD 1 Quarter
Other comprehensive income before tax OtherComprehensiveIncomeLossBeforeTax $1.53M USD 1 Quarter
Other comprehensive income before tax OtherComprehensiveIncomeLossBeforeTax $4.45M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $582.00K USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.68M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $2.77M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $949.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $143.52M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $132.71M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $13.96M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $10.15M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $129.56M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $122.56M USD 1 Quarter

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

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