CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2016 |
Mar. 31, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
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| OPERATING ACTIVITIES | |||||||||||||||||||
| Net income | $ 5,953 | [1] | $ 5,293 | [1] | $ 13,624 | [1] | $ 13,250 | [1] | $ 19,758 | [1] | $ 20,224 | [1] | $ 26,268 | $ 26,489 | [1] | $ 25,314 | [1] | ||
| Adjustments to reconcile net income including non-controlling interests to net cash provided by operating activities: | |||||||||||||||||||
| Depreciation and amortization | 2,091 | [1] | 1,807 | [1] | 4,158 | [1] | 3,674 | [1] | 6,210 | [1] | 5,656 | [1] | 8,779 | 7,952 | [1] | 6,740 | [1] | ||
| Provision for doubtful accounts | 1,089 | [1] | 990 | [1] | 2,045 | [1] | 2,052 | [1] | 2,962 | [1] | 3,119 | [1] | 4,040 | 4,170 | [1] | 4,112 | [1] | ||
| Equity-based awards compensation expense | 1,221 | [1] | 991 | [1] | 2,484 | [1] | 2,206 | [1] | 3,748 | [1] | 3,368 | [1] | 4,962 | 4,491 | [1] | 3,363 | [1] | ||
| Loss on sale of fixed assets | (19) | [1] | 17 | [1] | 0 | [1] | (13) | [1] | 31 | [1] | 3 | [1] | 152 | 84 | [1] | 35 | [1] | ||
| Excess tax benefit from equity-based awards | 142 | [1] | (271) | [1] | 0 | [1] | (430) | [1] | 0 | [1] | (816) | [1] | 0 | (947) | [1] | (948) | [1] | ||
| Deferred income tax | 1,823 | [1] | 473 | [1] | 2,503 | [1] | 2,056 | [1] | 3,238 | [1] | 2,918 | [1] | 2,979 | 5,953 | [1] | 5,106 | [1] | ||
| Other | 0 | [1] | 34 | [1] | 0 | [1] | 111 | [1] | 0 | [1] | 180 | [1] | 0 | 180 | [1] | 135 | [1] | ||
| Changes in operating assets and liabilities: | |||||||||||||||||||
| Increase in patient accounts receivable | (2,185) | [1] | (2,185) | [1] | (2,449) | [1] | (2,880) | [1] | (2,548) | [1] | (4,148) | [1] | (3,275) | (5,519) | [1] | (5,388) | [1] | ||
| (Increase) decrease in accounts receivable - other | 43 | [1] | 125 | [1] | 53 | [1] | 165 | [1] | 116 | [1] | (145) | [1] | (400) | (852) | [1] | 341 | [1] | ||
| (Increase) decrease in other assets | (2,282) | [1] | 106 | [1] | (2,443) | [1] | (13) | [1] | (4,979) | [1] | (1,485) | [1] | (1,399) | (1,375) | [1] | 1,155 | [1] | ||
| Increase (decrease) in accounts payable and accrued expenses | 3,392 | [1] | (5,976) | [1] | 6,603 | [1] | (3,958) | [1] | 3,582 | [1] | (3,766) | [1] | 2,994 | (7,011) | [1] | 1,868 | [1] | ||
| Increase in mandatorily redeemable non-controlling interests | 2,578 | [1] | 406 | [1] | 4,028 | [1] | 90 | [1] | 5,372 | [1] | 683 | [1] | 5,598 | 2,509 | [1] | 2,936 | [1] | ||
| Increase (decrease) in other liabilities | 365 | [1] | 665 | [1] | 447 | [1] | 927 | [1] | 708 | [1] | 380 | [1] | 352 | 1,396 | [1] | (3,378) | [1] | ||
| Net cash provided by operating activities | 14,211 | [1] | 2,475 | [1] | 31,053 | [1] | 17,237 | [1] | 38,198 | [1] | 26,171 | [1] | 51,050 | 37,520 | [1] | 41,391 | [1] | ||
| INVESTING ACTIVITIES | |||||||||||||||||||
| Purchase of fixed assets | (1,738) | [1] | (1,419) | [1] | (3,453) | [1] | (2,873) | [1] | (5,620) | [1] | (4,690) | [1] | (8,260) | (6,263) | [1] | (5,167) | [1] | ||
| Purchase of businesses, net of cash acquired | (12,899) | [1] | (6,445) | [1] | (12,958) | [1] | (14,467) | [1] | (12,958) | [1] | (14,434) | [1] | (23,623) | (18,965) | [1] | (12,270) | [1] | ||
| Acquisitions of non-controlling interests | (388) | [1] | (359) | [1] | (250) | [1] | (968) | [1] | (664) | [1] | (942) | [1] | (670) | (968) | [1] | (227) | [1] | ||
| Proceeds on sale of fixed assets, net | 42 | [1] | 8 | [1] | 42 | [1] | 72 | [1] | 42 | [1] | 71 | [1] | 61 | 71 | [1] | 47 | [1] | ||
| Net cash used in investing activities | (14,983) | [1] | (8,215) | [1] | (16,619) | [1] | (18,236) | [1] | (19,200) | [1] | (19,995) | [1] | (32,492) | (26,125) | [1] | (17,617) | [1] | ||
| FINANCING ACTIVITIES | |||||||||||||||||||
| Distributions to non-controlling interests | (1,113) | [1] | (1,045) | [1] | (2,893) | [1] | (2,904) | [1] | (4,441) | [1] | (4,148) | [1] | (5,718) | (5,892) | [1] | (5,963) | [1] | ||
| Cash dividends to shareholders - funded | (2,125) | [1] | (4,254) | [1] | (3,723) | [1] | (6,382) | [1] | (5,586) | [1] | (8,510) | (7,449) | [1] | (5,873) | [1] | ||||
| Proceeds from revolving line of credit | 49,000 | [1] | 34,000 | [1] | 93,000 | [1] | 51,000 | [1] | 128,000 | [1] | 75,000 | [1] | 168,000 | 103,000 | [1] | 134,300 | [1] | ||
| Payments on revolving line of credit | (40,500) | [1] | (27,000) | [1] | (94,500) | [1] | (44,500) | [1] | (136,000) | [1] | (63,500) | [1] | (166,000) | (93,500) | [1] | (139,800) | [1] | ||
| Payments to settle mandatorily redeemable non-controlling interests | (1,136) | [1] | (1,136) | [1] | (1,136) | [1] | (1,860) | [1] | (1,262) | (6,115) | [1] | (5,233) | [1] | ||||||
| Principal payments on notes payable | (250) | [1] | (200) | [1] | (533) | [1] | (608) | [1] | (592) | [1] | (616) | [1] | (800) | (884) | [1] | (825) | [1] | ||
| Tax benefit from equity-based awards | 323 | [1] | 271 | [1] | 556 | [1] | 430 | [1] | 798 | [1] | 816 | [1] | 0 | 947 | [1] | 948 | [1] | ||
| Other | 1 | [1] | 1 | [1] | 5 | [1] | 1 | [1] | 5 | [1] | 1 | 5 | [1] | 45 | [1] | ||||
| Net cash (used in) provided by financing activities | 4,200 | [1] | 6,026 | [1] | (9,759) | [1] | (300) | [1] | (19,752) | [1] | 111 | [1] | (14,289) | (9,888) | [1] | (22,401) | [1] | ||
| Net increase in cash and cash equivalents | 3,428 | [1] | 286 | [1] | 4,675 | [1] | (1,299) | [1] | (754) | [1] | 6,287 | [1] | 4,269 | 1,507 | [1] | 1,373 | [1] | ||
| Cash and cash equivalents - beginning of period | [1] | 15,778 | 14,271 | 15,778 | 14,271 | 15,778 | 14,271 | 15,778 | 14,271 | 12,898 | |||||||||
| Cash and cash equivalents - end of period | 19,206 | [1] | 14,557 | [1] | 20,453 | [1] | 12,972 | [1] | 15,024 | [1] | 20,558 | [1] | 20,047 | 15,778 | [1] | 14,271 | [1] | ||
| Cash paid during the period for: | |||||||||||||||||||
| Income taxes | 2,265 | [1] | 1,275 | [1] | 5,513 | [1] | 3,835 | [1] | 10,051 | [1] | 5,659 | [1] | 10,584 | 7,779 | [1] | 9,253 | [1] | ||
| Interest | 248 | [1] | 235 | [1] | 512 | [1] | 460 | [1] | 770 | [1] | 616 | [1] | 784 | 884 | [1] | 1,103 | [1] | ||
| Non-cash investing and financing transactions during the period: | |||||||||||||||||||
| Purchase of business - seller financing portion | 500 | [1] | $ 500 | [1] | 500 | [1] | $ 1,350 | [1] | 500 | [1] | 1,350 | [1] | 1,000 | 1,800 | [1] | 400 | [1] | ||
| Acquisition of noncontrolling interest - seller financing portion | 388 | [1] | 388 | [1] | 388 | [1] | 0 | [1] | 387 | 0 | [1] | 0 | [1] | ||||||
| Payment to settle redeemable non-controlling interest - financing portion | $ 126 | [1] | 126 | [1] | 126 | [1] | $ 1,240 | [1] | 127 | 3,077 | [1] | 67 | [1] | ||||||
| Receivable from sale of non-controlling interests | $ (148) | [1] | $ (148) | [1] | $ (138) | $ 0 | [1] | $ 0 | [1] | ||||||||||
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