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10-Q Filing

UNIVERSAL HEALTH SERVICES INC CIK: 352915 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001564590-18-012089
Period End Date 20180331
Filing Date 20180509
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance uhs-20180331.xml
Filing Contents
Balance Sheet 51 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $74.42M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $73.05M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.50B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $1.57B USD Point-in-time
Supplies Supplies $136.18M USD Point-in-time
Supplies Supplies $137.25M USD Point-in-time
Other current assets OtherAssetsCurrent $104.62M USD Point-in-time
Other current assets OtherAssetsCurrent $86.50M USD Point-in-time
Total current assets AssetsCurrent $1.80B USD Point-in-time
Total current assets AssetsCurrent $1.88B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $8.14B USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $7.92B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.44B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.35B USD Point-in-time
Property, plant and equipment, net, Total PropertyPlantAndEquipmentNet $4.57B USD Point-in-time
Property, plant and equipment, net, Total PropertyPlantAndEquipmentNet $4.70B USD Point-in-time
Goodwill Goodwill $3.84B USD Point-in-time
Goodwill Goodwill $3.83B USD Point-in-time
Deferred charges DeferredCosts $9.79M USD Point-in-time
Deferred charges DeferredCosts $8.88M USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetNoncurrent $3.01M USD Point-in-time
Deferred income taxes DeferredTaxAssetsLiabilitiesNetNoncurrent $3.07M USD Point-in-time
Other OtherAssetsMiscellaneousNoncurrent $583.16M USD Point-in-time
Other OtherAssetsMiscellaneousNoncurrent $554.04M USD Point-in-time
Total Assets Assets $10.45B USD Point-in-time
Total Assets Assets $11.02B USD Point-in-time
Total Assets Assets $10.76B USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $126.25M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $545.62M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $1.37B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $1.28B USD Point-in-time
Federal and state taxes TaxesPayableCurrent $18.33M USD Point-in-time
Federal and state taxes TaxesPayableCurrent $87.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.58B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.85B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $311.90M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $306.30M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.80B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.49B USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $54.96M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $44.85M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $6.08M USD Point-in-time
Redeemable noncontrolling interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $6.70M USD Point-in-time
UHS common stockholders equity StockholdersEquity $4.99B USD Point-in-time
UHS common stockholders equity StockholdersEquity $5.22B USD Point-in-time
Noncontrolling interest MinorityInterest $61.92M USD Point-in-time
Noncontrolling interest MinorityInterest $70.38M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.05B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.29B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $11.02B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $10.76B USD Point-in-time
Income Statement 41 line items
Line Item Tag Value Unit Period
Net revenues before provision for doubtful accounts HealthCareOrganizationRevenue $2.83B USD 1 Quarter
Less: Provision for doubtful accounts ProvisionForDoubtfulAccounts $212.61M USD 1 Quarter
Net revenues SalesRevenueNet $2.69B USD 1 Quarter
Net revenues SalesRevenueNet $2.61B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $1.30B USD 1 Quarter
Salaries, wages and benefits LaborAndRelatedExpense $1.24B USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $607.36M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $620.82M USD 1 Quarter
Supplies expense SuppliesExpense $292.93M USD 1 Quarter
Supplies expense SuppliesExpense $277.61M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $110.80M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $113.10M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $26.70M USD 1 Quarter
Lease and rental expense LeaseAndRentalExpense $25.19M USD 1 Quarter
Operating Expenses, Total OperatingExpenses $2.35B 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 $333.81M USD 1 Quarter
Interest expense, net InterestExpense $35.51M USD 1 Quarter
Interest expense, net InterestExpense $37.58M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $296.24M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $318.43M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $-30.00M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $107.90M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $67.57M USD 1 Quarter
Net income ProfitLoss $228.67M USD 1 Quarter
Net income ProfitLoss $210.53M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.84M 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 $223.83M USD 1 Quarter
Basic earnings per share attributable to UHS EarningsPerShareBasic $2.13 USD 1 Quarter
Basic earnings per share attributable to UHS EarningsPerShareBasic $2.37 USD 1 Quarter
Diluted earnings per share attributable to UHS EarningsPerShareDiluted $2.12 USD 1 Quarter
Diluted earnings per share attributable to UHS EarningsPerShareDiluted $2.36 USD 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 96.58M shares 1 Quarter
Weighted average number of common shares - basic WeightedAverageNumberOfSharesOutstandingBasic 94.23M shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 457,000.00 shares 1 Quarter
Add: Other share equivalents WeightedAverageNumberDilutedSharesOutstandingAdjustment 787,000.00 shares 1 Quarter
Weighted average number of common shares and equivalents - diluted WeightedAverageNumberOfDilutedSharesOutstanding 97.37M shares 1 Quarter
Weighted average number of common shares and equivalents - diluted WeightedAverageNumberOfDilutedSharesOutstanding 94.68M shares 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $228.67M USD 1 Quarter
Net income ProfitLoss $210.53M USD 1 Quarter
Depreciation & amortization DepreciationForDiscontinuedOperationsAndAmortization $113.13M USD 1 Quarter
Depreciation & amortization DepreciationForDiscontinuedOperationsAndAmortization $110.80M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $19.70M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $15.35M USD 1 Quarter
Gain on sale of assets and businesses GainLossOnSaleOfAssetsAndBusiness - USD 1 Quarter
Gain on sale of assets and businesses GainLossOnSaleOfAssetsAndBusiness $-703.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $72.53M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $5.36M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $6.12M USD 1 Quarter
Accrued interest IncreaseDecreaseInAccruedInterestReceivableNet $6.21M USD 1 Quarter
Accrued and deferred income taxes IncreaseDecreaseInDeferredIncomeTaxesAndAccruedIncomeTaxesPayable $-61.67M USD 1 Quarter
Accrued and deferred income taxes IncreaseDecreaseInDeferredIncomeTaxesAndAccruedIncomeTaxesPayable $-102.27M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $-59.03M USD 1 Quarter
Other working capital accounts IncreaseDecreaseInOtherOperatingCapitalNet $-66.88M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $7.65M USD 1 Quarter
Other assets and deferred charges IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $5.44M USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $-229.00K USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingLiabilities $-37.64M USD 1 Quarter
Accrued insurance expense, net of commercial premiums paid IncreaseDecreaseInSelfInsuranceReserve $23.12M 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 $18.77M USD 1 Quarter
Payments made in settlement of self-insurance claims IncreaseDecreaseInInsuranceSettlementsReceivable $25.35M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $364.05M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $483.11M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $144.34M USD 1 Quarter
Property and equipment additions, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $189.04M USD 1 Quarter
Acquisition of property and businesses PaymentsToAcquireBusinessesNetOfCashAcquired $17.83M USD 1 Quarter
Acquisition of property and businesses PaymentsToAcquireBusinessesNetOfCashAcquired $20.93M USD 1 Quarter
Proceeds received from sales of assets and businesses ProceedsFromSaleOfAssetsAndBusiness $839.00K USD 1 Quarter
Proceeds received from sales of assets and businesses ProceedsFromSaleOfAssetsAndBusiness - 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 $8.57M USD 1 Quarter
Decrease (increase) in capital reserves of commercial insurance subsidiary IncreaseDecreaseInRestrictedCash $3.00M USD 1 Quarter
Decrease (increase) in capital reserves of commercial insurance subsidiary IncreaseDecreaseInRestrictedCash $-100.00K USD 1 Quarter
Investment in, and advances to, joint venture PaymentsToAcquireInterestInJointVenture - USD 1 Quarter
Investment in, and advances to, joint venture PaymentsToAcquireInterestInJointVenture $8.68M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-226.28M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-174.63M USD 1 Quarter
Reduction of long-term debt RepaymentsOfLongTermDebt $260.63M USD 1 Quarter
Reduction of long-term debt RepaymentsOfLongTermDebt $140.68M USD 1 Quarter
Additional borrowings ProceedsFromLinesOfCredit $21.60M USD 1 Quarter
Additional borrowings ProceedsFromLinesOfCredit $20.50M USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $29.17M USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $9.44M USD 1 Quarter
Dividends paid PaymentsOfDividends $9.42M USD 1 Quarter
Dividends paid PaymentsOfDividends $9.66M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $2.54M USD 1 Quarter
Issuance of common stock ProceedsFromIssuanceOfCommonStock $2.54M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $4.22M USD 1 Quarter
Profit distributions to noncontrolling interests PaymentsOfDividendsMinorityInterest $4.12M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-279.44M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-140.71M USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.86M USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $285.00K USD 1 Quarter
(Decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $29.33M USD 1 Quarter
(Decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.08M USD 1 Quarter
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $121.95M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $166.22M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $151.28M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $167.30M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $121.95M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $166.22M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $151.28M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $167.30M USD Point-in-time
Interest paid InterestPaidNet $41.54M USD 1 Quarter
Interest paid InterestPaidNet $39.40M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $2.75M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $5.25M USD 1 Quarter
Noncash purchases of property and equipment NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $84.71M USD 1 Quarter
Noncash purchases of property and equipment NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $56.43M USD 1 Quarter
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $228.67M USD 1 Quarter
Net income ProfitLoss $210.53M USD 1 Quarter
Unrealized derivative gains on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $2.12M USD 1 Quarter
Unrealized derivative gains on cash flow hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $3.07M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $-4.34M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $7.24M USD 1 Quarter
Other OtherComprehensiveIncomeLossOtherBeforeTax $2.37M USD 1 Quarter
Other OtherComprehensiveIncomeLossOtherBeforeTax $1.09M USD 1 Quarter
Other comprehensive income before tax OtherComprehensiveIncomeLossBeforeTax $150.00K USD 1 Quarter
Other comprehensive income before tax OtherComprehensiveIncomeLossBeforeTax $11.40M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.55M USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax $1.08M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $9.85M USD 1 Quarter
Total other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-927.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $227.74M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $220.37M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.84M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.47M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $215.90M USD 1 Quarter
Comprehensive income attributable to UHS ComprehensiveIncomeNetOfTax $222.91M USD 1 Quarter

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

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