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10-Q Filing

UNIVERSAL HEALTH SERVICES INC CIK: 352915 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001193125-15-178216
Period End Date 20150331
Filing Date 20150508
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance uhs-20150331.xml
Filing Contents
Balance Sheet 53 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $35.08M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $17.24M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $32.07M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $16.26M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.28B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.38B USD Point-in-time
Supplies Supplies $108.11M USD Point-in-time
Supplies Supplies $108.27M USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetCurrent $114.56M USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetCurrent $109.40M USD Point-in-time
Other current assets OtherAssetsCurrent $77.65M USD Point-in-time
Other current assets OtherAssetsCurrent $80.52M USD Point-in-time
Total current assets AssetsCurrent $1.72B USD Point-in-time
Total current assets AssetsCurrent $1.62B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $6.21B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $6.30B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.53B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.61B USD Point-in-time
Property, plant and equipment, net, Total PropertyPlantAndEquipmentNet $3.69B USD Point-in-time
Property, plant and equipment, net, Total PropertyPlantAndEquipmentNet $3.68B USD Point-in-time
Goodwill Goodwill $3.29B USD Point-in-time
Goodwill Goodwill $3.30B USD Point-in-time
Deferred charges DeferredOfferingCosts $40.32M USD Point-in-time
Deferred charges DeferredOfferingCosts $38.76M USD Point-in-time
Other OtherAssetsMiscellaneousNoncurrent $348.08M USD Point-in-time
Other OtherAssetsMiscellaneousNoncurrent $340.14M USD Point-in-time
Total assets Assets $8.43B USD Point-in-time
Total assets Assets $8.97B USD Point-in-time
Total assets Assets $9.08B USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $68.32M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $89.02M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $1.11B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $1.10B USD Point-in-time
Federal and state taxes TaxesPayableCurrent $1.45M USD Point-in-time
Federal and state taxes TaxesPayableCurrent $65.11M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.18B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.26B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $277.62M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $268.56M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.21B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.05B USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $282.21M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $280.66M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $239.55M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $254.84M USD Point-in-time
UHS common stockholders' equity StockholdersEquity $3.91B USD Point-in-time
UHS common stockholders' equity StockholdersEquity $3.74B USD Point-in-time
Noncontrolling interest MinorityInterest $57.43M USD Point-in-time
Noncontrolling interest MinorityInterest $55.13M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.79B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.96B USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $8.97B USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $9.08B USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Net revenues before provision for doubtful accounts HealthCareOrganizationRevenue $2.38B USD 1 Quarter
Net revenues before provision for doubtful accounts HealthCareOrganizationRevenue $2.15B USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $154.75M USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $208.18M USD 1 Quarter
Net revenues SalesRevenueNet $2.23B USD 1 Quarter
Net revenues SalesRevenueNet $1.94B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $1.03B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $935.37M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $399.91M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $505.97M USD 1 Quarter
Supplies expense SuppliesExpense $238.74M USD 1 Quarter
Supplies expense SuppliesExpense $215.80M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $99.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $93.36M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $23.34M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $22.89M USD 1 Quarter
Electronic health records incentive income ElectronicHealthRecordsIncentiveReimbursement $430.00K USD 1 Quarter
Electronic health records incentive income ElectronicHealthRecordsIncentiveReimbursement - USD 1 Quarter
Operating Expenses, Total OperatingExpenses $1.90B USD 1 Quarter
Operating Expenses, Total OperatingExpenses $1.67B USD 1 Quarter
Income from operations OperatingIncomeLoss $270.98M USD 1 Quarter
Income from operations OperatingIncomeLoss $327.05M USD 1 Quarter
Interest expense, net InterestExpense $35.19M USD 1 Quarter
Interest expense, net InterestExpense $30.04M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $235.78M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $297.02M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $102.69M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $83.93M USD 1 Quarter
Net income ProfitLoss $194.32M USD 1 Quarter
Net income ProfitLoss $151.85M USD 1 Quarter
Less: Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $20.02M USD 1 Quarter
Less: Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $13.77M USD 1 Quarter
Net income attributable to UHS NetIncomeLoss $138.08M USD 1 Quarter
Net income attributable to UHS NetIncomeLoss $174.30M USD 1 Quarter
Basic earnings per share attributable to UHS EarningsPerShareBasic $1.76 USD 1 Quarter
Basic earnings per share attributable to UHS EarningsPerShareBasic $1.40 USD 1 Quarter
Diluted earnings per share attributable to UHS EarningsPerShareDiluted $1.38 USD 1 Quarter
Diluted earnings per share attributable to UHS EarningsPerShareDiluted $1.73 USD 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 98.57M shares 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 98.91M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 1.58M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 1.74M shares 1 Quarter
Weighted average number of common shares and equivalents - diluted WeightedAverageNumberOfDilutedSharesOutstanding 100.65M shares 1 Quarter
Weighted average number of common shares and equivalents - diluted WeightedAverageNumberOfDilutedSharesOutstanding 100.16M shares 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $194.32M USD 1 Quarter
Net income ProfitLoss $151.85M USD 1 Quarter
Depreciation & amortization DepreciationAndAmortization $99.00M USD 1 Quarter
Depreciation & amortization DepreciationAndAmortization $93.36M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $7.15M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $10.83M USD 1 Quarter
Gains on sales of assets and businesses, net of losses GainLossOnDispositionOfAssets - USD 1 Quarter
Gains on sales of assets and businesses, net of losses GainLossOnDispositionOfAssets $10.13M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $96.97M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $95.63M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $-11.06M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $-1.12M USD 1 Quarter
Accrued and deferred income taxes IncreaseDecreaseInDeferredIncomeTaxesAndAccruedIncomeTaxesPayable $-79.05M USD 1 Quarter
Accrued and deferred income taxes IncreaseDecreaseInDeferredIncomeTaxesAndAccruedIncomeTaxesPayable $-65.32M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $29.83M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $35.00M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-9.98M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $234.00K USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $17.81M USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $-3.83M USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid IncreaseDecreaseInSelfInsuranceReserve $21.30M USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid IncreaseDecreaseInSelfInsuranceReserve $22.75M USD 1 Quarter
Payments made in settlement of self-insurance claims IncreaseDecreaseInInsuranceSettlementsReceivable $26.56M USD 1 Quarter
Payments made in settlement of self-insurance claims IncreaseDecreaseInInsuranceSettlementsReceivable $20.79M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $271.27M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $194.64M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $89.28M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $92.39M USD 1 Quarter
Proceeds received from sale of assets and businesses ProceedsFromSaleOfProductiveAssets $11.45M USD 1 Quarter
Proceeds received from sale of assets and businesses ProceedsFromSaleOfProductiveAssets - USD 1 Quarter
Acquisition of property and businesses PaymentsToAcquireBusinessesNetOfCashAcquired $3.30M USD 1 Quarter
Acquisition of property and businesses PaymentsToAcquireBusinessesNetOfCashAcquired $34.50M USD 1 Quarter
Costs incurred for purchase and implementation of electronic health records application PaymentsToAcquireOtherProductiveAssets $6.50M USD 1 Quarter
Costs incurred for purchase and implementation of electronic health records application PaymentsToAcquireOtherProductiveAssets - USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-90.74M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-123.78M USD 1 Quarter
Reduction of long-term debt RepaymentsOfLongTermDebt $158.87M USD 1 Quarter
Reduction of long-term debt RepaymentsOfLongTermDebt $109.05M USD 1 Quarter
Additional borrowings ProceedsFromLinesOfCredit $11.90M USD 1 Quarter
Additional borrowings ProceedsFromLinesOfCredit $20.80M USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $13.99M USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $28.77M USD 1 Quarter
Dividends paid PaymentsOfDividends $4.93M USD 1 Quarter
Dividends paid PaymentsOfDividends $9.90M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $1.45M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $1.77M USD 1 Quarter
Excess income tax benefits related to stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $20.81M USD 1 Quarter
Excess income tax benefits related to stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $11.75M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $2.41M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $1.99M USD 1 Quarter
Proceeds received from sale/leaseback of real property SaleLeasebackTransactionGrossProceedsFinancingActivities $12.55M USD 1 Quarter
Proceeds received from sale/leaseback of real property SaleLeasebackTransactionGrossProceedsFinancingActivities - USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-144.02M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-104.87M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents - USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-466.00K USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $3.01M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-977.00K USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $35.08M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $17.24M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $32.07M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $16.26M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $35.08M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $17.24M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $32.07M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $16.26M USD Point-in-time
Interest paid InterestPaidNet $18.89M USD 1 Quarter
Interest paid InterestPaidNet $27.16M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $6.76M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $2.88M USD 1 Quarter
Noncash purchases of property and equipment NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $49.53M USD 1 Quarter
Noncash purchases of property and equipment NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $33.08M USD 1 Quarter
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $194.32M USD 1 Quarter
Net income ProfitLoss $151.85M USD 1 Quarter
Unrealized derivative gains on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $4.13M USD 1 Quarter
Unrealized derivative gains on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $3.75M USD 1 Quarter
Amortization of terminated hedge OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax $84.00K USD 1 Quarter
Amortization of terminated hedge OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax $84.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax - USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $-418.00K USD 1 Quarter
Other comprehensive income before tax OtherComprehensiveIncomeLossBeforeTax $3.66M USD 1 Quarter
Other comprehensive income before tax OtherComprehensiveIncomeLossBeforeTax $3.63M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.35M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.50M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $2.31M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $2.13M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAndRedeemableNoncontrollingInterest $196.46M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAndRedeemableNoncontrollingInterest $154.16M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterestAndRedeemableNoncontrollingInterest $13.77M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterestAndRedeemableNoncontrollingInterest $20.02M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $176.43M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $140.38M USD 1 Quarter

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

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