Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Write a one page explaining Encompass Health Corporation occupancy costs mean on the Income Statement Table of Contents Encompass Health Corporation and Subsidiaries Consolidated Statements

Write a one page explaining Encompass Health Corporation occupancy costs mean on the Income Statement

image text in transcribed

Table of Contents Encompass Health Corporation and Subsidiaries Consolidated Statements of Operations For the Year Ended December 31, 2018 2017 2016 (In Millions, Except Per Share Data) 4,277.3 $ 3,913.9 $ 3,642.6 S 2,354.0 585.1 78.0 2,154.6 531.6 73.5 149.3 171.7 1,985.9 490.6 71.3 140.0 133.4 158.7 220.2 183.8 172.6 199.7 52.0 3,647.7 Net operating revenues Operating expenses: Salaries and benefits Other operating expenses Occupancy costs Supplies General and administrative expenses Depreciation and amortization Government, class action, and related settlements , Total operating expenses Loss on early extinguishment of debt Interest expense and amortization of debt discounts and fees Other income Equity in net income of nonconsolidated affiliates Income from continuing operations before income tax expense Provision for income tax expense Income from continuing operations Income (loss) from discontinued operations, net of tax Net income Less: Net income attributable to noncontrolling interests Net income attributable to Encompass Health 147.3 3,264.5 10.7 154.4 (4.1) (8,0) 2,993.8 7.4 172.1 (2.9) (9.8) 482.0 (2.2) (8.7) 493.2 496.4 145.8 118.9 163.9 374.3 318.1 1.1 350.6 (0.4) 350.2 (79.1) 271.1 375.4 (83.1) 292.3 318.1 (70.5) 247.6 Weighted average common shares outstanding: Basic 97.9 93.7 89.1 99.8 99.3 99.5 s $ 2.88 2.77 2.97 0.01 Diluted Earnings per common share: Basic earnings per share attributable to Encompass Health common shareholders: Continuing operations Discontinued operations Net income Diluted earnings per share attributable to Encompass Health common shareholders: Continuing operations Discontinued operations Net income S 2.98 $ 2.88 s 2.77 S 2.92 $ 2.84 S 2.59 0.01 S 2.93 $ 2.84 S 2.59 S 247.6 Amounts attributable to Encompass Health: Income from continuing operations Income (loss) from discontinued operations, net of tax Net income attributable to Encompass Health 291.2 1.1 271.5 (0.4) 271.1 $ S 292.3 $ 247.6

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sound Investing, Chapter 5 - Cost Allocation

Authors: Kate Mooney

8th Edition

007171927X, 9780071719278

More Books

Students also viewed these Accounting questions