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TEAM HEALTH HOLDINGS INC. (TMH)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08
   10-K10-K10-K10-K10-K10-K10-K10-K/A
Revenues:  
    Hospital Based Services  3,230.12,551.7      
    Parent, Issuer, and Guarantor Subsidiaries        2,483.3 
    Specialty Services  186.7194.3      
    Other  2,582.72,054.9    36.7 
Total revenues   [+]5,999.54,800.94,313.83,738.73,141.72,671.42,520.02,291.8
            Revenue growth   [+]25.0%11.3%15.4%19.0%17.6%6.0%10.0%8.8%
Cost of goods sold  0.00.00.00.00.00.00.00.0
Gross profit  5,999.54,800.94,313.83,738.73,141.72,671.42,520.02,291.8
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Selling, general and administrative   [+]     50.3138.3123.0
EBITDA   [+]257.7235.9198.3148.430.02,697.3106.9145.9
            EBITDA margin  4.3%4.9%4.6%4.0%1.0%101.0%4.2%6.4%
Depreciation  24.620.917.114.512.211.510.416.5
EBITA  233.1215.0181.3133.917.82,685.896.5129.5
            EBITA margin  3.9%4.5%4.2%3.6%0.6%100.5%3.8%5.6%
Amortization of intangibles  83.655.637.629.817.814.4  
EBIT   [+]149.5159.3143.7104.10.02,671.496.5129.5
            EBIT margin  2.5%3.3%3.3%2.8%0.0%100.0%3.8%5.6%
Non-recurring items   [+]     50.32.111.5
Interest expense         45.8
Other income (expense), net   [+] 3.6 0.2108.8-2,581.2-35.7-1.6
Pre-tax income  149.5163.0143.7104.3108.839.958.770.4
Income taxes  66.865.256.340.643.333.123.729.8
            Tax rate  44.7%40.0%39.2%38.9%39.8%82.9%40.3%42.3%
Net income  82.797.787.463.865.56.835.040.7
            Net margin  1.4%2.0%2.0%1.7%2.1%0.3%1.4%1.8%
   
Basic EPS   [+]$1.15$1.39$1.27$0.96$1.01$0.11$0.71$0.83
Diluted EPS   [+]$1.12$1.35$1.24$0.93$0.98$0.11$0.70$0.82
   
Shares outstanding (basic)   [+]72.170.469.066.465.064.249.448.9
Shares outstanding (diluted)   [+]73.872.270.668.366.664.649.749.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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