Consolidated Statements of Income - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Service revenue, net |
$ 1,578,889
|
$ 1,478,010
|
$ 1,092,880
|
| Operating expenses: |
|
|
|
| Service expense |
1,452,754
|
1,381,154
|
988,600
|
| General and administrative expense |
69,911
|
70,986
|
44,080
|
| Asset impairment charge |
21,003
|
|
|
| Depreciation and amortization |
26,604
|
23,998
|
17,213
|
| Total operating expenses |
1,570,272
|
1,476,138
|
1,049,893
|
| Operating income |
8,617
|
1,872
|
42,987
|
| Other expenses: |
|
|
|
| Interest expense, net |
1,583
|
1,853
|
10,224
|
| Equity in net loss of investee |
10,287
|
10,970
|
|
| Gain on foreign currency transactions |
(1,375)
|
(857)
|
(37)
|
| Income (loss) from continuing operations before income taxes |
(1,878)
|
(10,094)
|
32,800
|
| Provision for income taxes |
17,036
|
14,583
|
8,289
|
| Income (loss) from continuing operations, net of tax |
(18,914)
|
(24,677)
|
24,511
|
| Discontinued operations, net of tax |
108,760
|
107,871
|
(4,236)
|
| Net income |
89,846
|
83,194
|
20,275
|
| Net loss attributable to noncontrolling interests |
2,082
|
502
|
|
| Net income attributable to Providence |
91,928
|
83,696
|
20,275
|
| Operations |
$ 74,374
|
$ 67,999
|
$ 20,275
|
| Basic earnings (loss) per common share: |
|
|
|
| Continuing operations (in dollars per share) |
$ (1.45)
|
$ (1.83)
|
$ 1.66
|
| Discontinued operations (in dollars per share) |
6.52
|
6.09
|
(0.29)
|
| Basic earnings per common share (in dollars per share) |
5.07
|
4.26
|
1.37
|
| Diluted earnings (loss) per share: |
|
|
|
| Continuing operations (in dollars per share) |
(1.45)
|
(1.83)
|
1.63
|
| Discontinued operations (in dollars per share) |
6.52
|
6.09
|
(0.28)
|
| Diluted earnings per common share (in dollars per share) |
$ 5.07
|
$ 4.26
|
$ 1.35
|
| Denominator: |
|
|
|
| Basic (in shares) |
14,666,896
|
15,960,905
|
14,765,303
|
| Diluted (in shares) |
14,666,896
|
15,960,905
|
15,018,561
|