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10-Q Filing

UNIVERSAL HEALTH SERVICES INC CIK: 352915 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001564590-17-009398
Period End Date 20170331
Filing Date 20170508
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance uhs-20170331.xml
Filing Contents
Balance Sheet 53 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $62.97M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $33.75M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $61.23M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $54.59M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.44B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.45B USD Point-in-time
Supplies Supplies $125.36M USD Point-in-time
Supplies Supplies $126.48M USD Point-in-time
Other current assets OtherAssetsCurrent $82.71M USD Point-in-time
Other current assets OtherAssetsCurrent $94.82M USD Point-in-time
Total current assets AssetsCurrent $1.68B USD Point-in-time
Total current assets AssetsCurrent $1.73B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $7.47B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $7.31B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.07B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.98B USD Point-in-time
Property, plant and equipment, net, Total PropertyPlantAndEquipmentNet $4.33B USD Point-in-time
Property, plant and equipment, net, Total PropertyPlantAndEquipmentNet $4.40B USD Point-in-time
Goodwill Goodwill $3.79B USD Point-in-time
Goodwill Goodwill $3.78B USD Point-in-time
Deferred charges DeferredCosts $12.56M USD Point-in-time
Deferred charges DeferredCosts $13.52M USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetNoncurrent $1.25M USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetNoncurrent $1.23M USD Point-in-time
Other OtherAssetsMiscellaneousNoncurrent $506.62M USD Point-in-time
Other OtherAssetsMiscellaneousNoncurrent $518.32M USD Point-in-time
Total Assets Assets $9.57B USD Point-in-time
Total Assets Assets $10.45B USD Point-in-time
Total Assets Assets $10.32B USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $126.06M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $105.89M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $1.28B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $1.21B USD Point-in-time
Federal and state taxes TaxesPayableCurrent $2.15M USD Point-in-time
Federal and state taxes TaxesPayableCurrent $108.82M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.52B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.32B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $272.68M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $275.17M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $4.03B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.77B USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $75.47M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $88.12M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $8.85M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $9.32M USD Point-in-time
UHS common stockholders equity StockholdersEquity $4.74B USD Point-in-time
UHS common stockholders equity StockholdersEquity $4.53B USD Point-in-time
Noncontrolling interest MinorityInterest $64.37M USD Point-in-time
Noncontrolling interest MinorityInterest $65.36M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.60B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.80B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $10.32B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $10.45B USD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Net revenues before provision for doubtful accounts HealthCareOrganizationRevenue $2.83B 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 $212.61M USD 1 Quarter
Net revenues SalesRevenueNet $2.61B USD 1 Quarter
Net revenues SalesRevenueNet $2.45B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $1.24B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $1.15B USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $607.36M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $561.58M USD 1 Quarter
Supplies expense SuppliesExpense $255.25M USD 1 Quarter
Supplies expense SuppliesExpense $277.61M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $110.80M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $104.05M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $25.19M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $24.45M USD 1 Quarter
Operating Expenses, Total OperatingExpenses $2.09B USD 1 Quarter
Operating Expenses, Total OperatingExpenses $2.26B USD 1 Quarter
Income from operations OperatingIncomeLoss $353.93M USD 1 Quarter
Income from operations OperatingIncomeLoss $356.32M USD 1 Quarter
Interest expense, net InterestExpense $29.60M USD 1 Quarter
Interest expense, net InterestExpense $35.51M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $326.72M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $318.43M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $111.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $107.90M USD 1 Quarter
Net income ProfitLoss $210.53M USD 1 Quarter
Net income ProfitLoss $215.72M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $24.96M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.47M USD 1 Quarter
Net income attributable to UHS NetIncomeLoss $206.06M USD 1 Quarter
Net income attributable to UHS NetIncomeLoss $190.76M USD 1 Quarter
Basic earnings per share attributable to UHS EarningsPerShareBasic $2.13 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 $2.12 USD 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 97.61M shares 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 96.58M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 1.29M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 787,000.00 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 97.37M shares 1 Quarter
Cash Flow Statement 70 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $210.53M USD 1 Quarter
Net income ProfitLoss $215.72M USD 1 Quarter
Depreciation & amortization DepreciationAndAmortization $110.80M USD 1 Quarter
Depreciation & amortization DepreciationAndAmortization $104.05M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $15.35M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $13.20M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $79.96M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $5.36M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $6.12M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $-688.00K USD 1 Quarter
Accrued and deferred income taxes IncreaseDecreaseInDeferredIncomeTaxesAndAccruedIncomeTaxesPayable $-91.13M USD 1 Quarter
Accrued and deferred income taxes IncreaseDecreaseInDeferredIncomeTaxesAndAccruedIncomeTaxesPayable $-102.27M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $-98.97M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $-66.88M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $7.75M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $5.80M USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $-229.00K USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $20.91M USD 1 Quarter
Excess income tax benefits related to stock-based compensation ExcessIncomeTaxBenefitsRelatedToStockBasedCompensation $11.00M USD 1 Quarter
Excess income tax benefits related to stock-based compensation ExcessIncomeTaxBenefitsRelatedToStockBasedCompensation - USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid IncreaseDecreaseInSelfInsuranceReserve $22.62M USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid IncreaseDecreaseInSelfInsuranceReserve $22.01M USD 1 Quarter
Payments made in settlement of self-insurance claims IncreaseDecreaseInInsuranceSettlementsReceivable $25.35M USD 1 Quarter
Payments made in settlement of self-insurance claims IncreaseDecreaseInInsuranceSettlementsReceivable $17.30M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $483.01M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $475.23M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $127.21M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $144.34M USD 1 Quarter
Acquisition of property and businesses PaymentsToAcquireBusinessesNetOfCashAcquired $19.54M USD 1 Quarter
Acquisition of property and businesses PaymentsToAcquireBusinessesNetOfCashAcquired $17.83M USD 1 Quarter
Increase in capital reserves of commercial insurance subsidiary IncreaseDecreaseInRestrictedCash $3.00M USD 1 Quarter
Increase in capital reserves of commercial insurance subsidiary IncreaseDecreaseInRestrictedCash - USD 1 Quarter
Costs incurred for purchase and implementation of information technology application PaymentsToAcquireProductiveAssets $9.46M USD 1 Quarter
Costs incurred for purchase and implementation of information technology application PaymentsToAcquireProductiveAssets - USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-174.63M 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 $260.63M USD 1 Quarter
Additional borrowings ProceedsFromLinesOfCredit $21.60M USD 1 Quarter
Additional borrowings ProceedsFromLinesOfCredit $14.40M USD 1 Quarter
Financing costs PaymentsOfFinancingCosts $44.00K USD 1 Quarter
Financing costs PaymentsOfFinancingCosts - USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $29.17M USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $171.04M USD 1 Quarter
Dividends paid PaymentsOfDividends $9.66M USD 1 Quarter
Dividends paid PaymentsOfDividends $9.76M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $2.33M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $2.54M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $4.12M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $3.41M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-279.44M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-334.19M 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 $285.00K USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-6.64M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $29.23M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $62.97M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $33.75M 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 $54.59M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $62.97M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $33.75M 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 $54.59M USD Point-in-time
Interest paid InterestPaidNet $27.13M USD 1 Quarter
Interest paid InterestPaidNet $39.40M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $9.09M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $5.25M USD 1 Quarter
Noncash purchases of property and equipment NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $56.43M USD 1 Quarter
Noncash purchases of property and equipment NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $47.37M USD 1 Quarter
Comprehensive Income 22 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $210.53M USD 1 Quarter
Net income ProfitLoss $215.72M USD 1 Quarter
Unrealized derivative gains (losses) on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $-14.30M USD 1 Quarter
Unrealized derivative gains (losses) on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $3.07M USD 1 Quarter
Amortization of terminated hedge OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax $84.00K USD 1 Quarter
Amortization of terminated hedge OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax - USD 1 Quarter
Unrealized gain on marketable security OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.09M USD 1 Quarter
Unrealized gain on marketable security OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax - USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $5.99M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $7.24M USD 1 Quarter
Other comprehensive income (loss) before tax OtherComprehensiveIncomeLossBeforeTax $-8.40M USD 1 Quarter
Other comprehensive income (loss) before tax OtherComprehensiveIncomeLossBeforeTax $11.40M USD 1 Quarter
Income tax expense (benefit) related to items of other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-5.36M USD 1 Quarter
Income tax expense (benefit) related to items of other comprehensive income (loss) OtherComprehensiveIncomeLossTax $1.55M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-3.04M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $9.85M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $212.68M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $220.37M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $24.96M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.47M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $187.72M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $215.90M USD 1 Quarter

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

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