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10-Q Filing

UNIVERSAL HEALTH SERVICES INC CIK: 352915 Q1 2016
Filing Information
Form Type 10-Q
Accession Number 0001564590-16-018123
Period End Date 20160331
Filing Date 20160506
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance uhs-20160331.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 $61.23M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $32.07M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $54.59M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.30B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.37B USD Point-in-time
Supplies Supplies $116.72M USD Point-in-time
Supplies Supplies $116.04M USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetCurrent - USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetCurrent $135.12M USD Point-in-time
Other current assets OtherAssetsCurrent $89.39M USD Point-in-time
Other current assets OtherAssetsCurrent $103.49M USD Point-in-time
Total current assets AssetsCurrent $1.72B USD Point-in-time
Total current assets AssetsCurrent $1.64B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $6.53B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $6.66B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.77B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.69B USD Point-in-time
Property, plant and equipment, net, Total PropertyPlantAndEquipmentNet $3.88B USD Point-in-time
Property, plant and equipment, net, Total PropertyPlantAndEquipmentNet $3.84B USD Point-in-time
Goodwill Goodwill $3.60B USD Point-in-time
Goodwill Goodwill $3.59B USD Point-in-time
Deferred charges DeferredCosts $16.69M USD Point-in-time
Deferred charges DeferredCosts $16.23M USD Point-in-time
Other OtherAssetsMiscellaneousNoncurrent $448.36M USD Point-in-time
Other OtherAssetsMiscellaneousNoncurrent $437.88M USD Point-in-time
Total assets Assets $9.62B USD Point-in-time
Total assets Assets $9.06B USD Point-in-time
Total assets Assets $9.57B USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $62.72M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $488.26M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $1.15B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $1.03B USD Point-in-time
Federal and state taxes TaxesPayableCurrent $3.99M USD Point-in-time
Federal and state taxes TaxesPayableCurrent $49.79M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.69B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.10B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $295.68M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $278.83M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $2.79B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.37B USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $315.90M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $178.95M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $242.51M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $261.49M USD Point-in-time
UHS common stockholders equity StockholdersEquity $4.29B USD Point-in-time
UHS common stockholders equity StockholdersEquity $4.25B USD Point-in-time
Noncontrolling interest MinorityInterest $59.51M USD Point-in-time
Noncontrolling interest MinorityInterest $62.08M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.31B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.35B USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $9.62B USD Point-in-time
Liabilities and Equity, Total LiabilitiesAndStockholdersEquity $9.57B USD Point-in-time
Income Statement 42 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 $2.62B USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $169.79M USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $154.75M USD 1 Quarter
Net revenues SalesRevenueNet $2.45B USD 1 Quarter
Net revenues SalesRevenueNet $2.23B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $1.15B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $1.03B USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $561.58M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $505.97M USD 1 Quarter
Supplies expense SuppliesExpense $255.25M USD 1 Quarter
Supplies expense SuppliesExpense $238.74M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $99.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $104.05M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $24.45M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $22.89M USD 1 Quarter
Operating Expenses, Total OperatingExpenses $1.90B USD 1 Quarter
Operating Expenses, Total OperatingExpenses $2.09B USD 1 Quarter
Income from operations OperatingIncomeLoss $356.32M USD 1 Quarter
Income from operations OperatingIncomeLoss $327.05M USD 1 Quarter
Interest expense, net InterestExpense $29.60M USD 1 Quarter
Interest expense, net InterestExpense $30.04M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $326.72M 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 $111.00M USD 1 Quarter
Net income ProfitLoss $194.32M USD 1 Quarter
Net income ProfitLoss $215.72M USD 1 Quarter
Less: Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $20.02M USD 1 Quarter
Less: Income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $24.96M USD 1 Quarter
Net income attributable to UHS NetIncomeLoss $190.76M 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 $1.95 USD 1 Quarter
Diluted earnings per share attributable to UHS EarningsPerShareDiluted $1.93 USD 1 Quarter
Diluted earnings per share attributable to UHS EarningsPerShareDiluted $1.73 USD 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 97.61M shares 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 98.91M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 1.74M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 1.29M shares 1 Quarter
Weighted average number of common shares and equivalents - diluted WeightedAverageNumberOfDilutedSharesOutstanding 98.89M shares 1 Quarter
Weighted average number of common shares and equivalents - diluted WeightedAverageNumberOfDilutedSharesOutstanding 100.65M shares 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $194.32M USD 1 Quarter
Net income ProfitLoss $215.72M USD 1 Quarter
Depreciation & amortization DepreciationDepletionAndAmortization $104.05M USD 1 Quarter
Depreciation & amortization DepreciationDepletionAndAmortization $99.00M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $13.20M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $10.83M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $79.96M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $96.97M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $-1.12M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $-688.00K USD 1 Quarter
Accrued and deferred income taxes IncreaseDecreaseInDeferredIncomeTaxesAndAccruedIncomeTaxesPayable $-79.05M USD 1 Quarter
Accrued and deferred income taxes IncreaseDecreaseInDeferredIncomeTaxesAndAccruedIncomeTaxesPayable $-91.13M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $-98.97M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $29.83M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $234.00K USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $5.80M USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $20.91M USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $17.81M USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid IncreaseDecreaseInSelfInsuranceReserve $22.75M USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid IncreaseDecreaseInSelfInsuranceReserve $22.62M USD 1 Quarter
Payments made in settlement of self-insurance claims IncreaseDecreaseInInsuranceSettlementsReceivable $17.30M USD 1 Quarter
Payments made in settlement of self-insurance claims IncreaseDecreaseInInsuranceSettlementsReceivable $26.56M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $271.27M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $464.23M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $127.21M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $89.28M USD 1 Quarter
Acquisition of property and businesses PaymentsToAcquireBusinessesNetOfCashAcquired $34.50M USD 1 Quarter
Acquisition of property and businesses PaymentsToAcquireBusinessesNetOfCashAcquired $19.54M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-123.78M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-146.76M USD 1 Quarter
Reduction of long-term debt RepaymentsOfLongTermDebt $166.67M USD 1 Quarter
Reduction of long-term debt RepaymentsOfLongTermDebt $158.87M USD 1 Quarter
Additional borrowings ProceedsFromLinesOfCredit $20.80M USD 1 Quarter
Additional borrowings ProceedsFromLinesOfCredit $14.40M USD 1 Quarter
Financing costs PaymentsOfFinancingCosts - USD 1 Quarter
Financing costs PaymentsOfFinancingCosts $44.00K USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $28.77M USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $171.04M USD 1 Quarter
Dividends paid PaymentsOfDividends $9.90M USD 1 Quarter
Dividends paid PaymentsOfDividends $9.76M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $1.77M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $2.33M USD 1 Quarter
Excess income tax benefits related to stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $11.00M USD 1 Quarter
Excess income tax benefits related to stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $20.81M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $3.41M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $2.41M USD 1 Quarter
Proceeds received from sale/leaseback of real property SaleLeasebackTransactionGrossProceedsFinancingActivities - USD 1 Quarter
Proceeds received from sale/leaseback of real property SaleLeasebackTransactionGrossProceedsFinancingActivities $12.55M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-144.02M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-323.19M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-920.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-466.00K USD 1 Quarter
(Decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $3.01M USD 1 Quarter
(Decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-6.64M 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 $61.23M 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 $54.59M 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 $61.23M 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 $54.59M USD Point-in-time
Interest paid InterestPaidNet $27.16M USD 1 Quarter
Interest paid InterestPaidNet $27.13M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $2.88M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $9.09M USD 1 Quarter
Noncash purchases of property and equipment NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $47.37M 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 $215.72M USD 1 Quarter
Unrealized derivative gains (losses) on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $4.13M USD 1 Quarter
Unrealized derivative gains (losses) on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $-14.30M 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 $-418.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $5.99M USD 1 Quarter
Other comprehensive income before tax OtherComprehensiveIncomeLossBeforeTax $-8.40M 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 $-5.36M 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 $-3.04M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $2.13M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $212.68M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $196.46M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $24.96M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $20.02M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $176.43M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $187.72M USD 1 Quarter

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

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