Surgical Care Affiliates, Inc. (SCAI) [Rocket]

In millions, except per share items	Dec-31-16	Sep-30-16	Jun-30-16	Mar-31-16	Dec-31-15	Sep-30-15	Jun-30-15	Mar-31-15
	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q
Revenues [+]	792.0	639.4	594.5	552.9	650.9	510.5	501.9	464.8
Services	379.0	322.8	299.9	279.7	305.9	257.8	253.7	234.1
Healthcare	358.2	303.8	280.5	259.2	284.0	236.9	233.9	216.6
Management fees		12.8	14.2	14.0		15.8	14.4	14.1
Other			5.2	6.5			5.4	3.3
Revenue growth	21.7%	25.2%	18.4%	18.9%	22.8%	19.0%	20.8%	22.2%
Cost of goods sold [+]	-16.1	120.9	112.0	109.6	-8.9	95.3	94.1	91.6
Labor costs	117.8	108.8	100.9	99.0	96.4	86.3	84.9	83.4
Occupancy costs	12.0	12.1	11.0	10.6	10.0	9.1	9.2	8.2
Other cost of sales	52.2	54.4	46.6	44.9	46.6	40.5	38.1	36.7
Supplies costs			70.1	66.2			51.8	49.4
Gross profit	808.1	518.5	482.5	443.3	659.8	415.2	407.8	373.2
Gross margin	102.0%	81.1%	81.2%	80.2%	101.4%	81.3%	81.2%	80.3%
Selling, general and administrative [+]	238.1	76.1	70.1	66.2	173.7	54.6	51.8	49.4
General and administrative	303.6	76.1	70.1	66.2	221.4	54.6	51.8	49.4
Other selling, general and administrative	-65.5				-47.7
Equity in earnings	19.0	12.6	11.1	11.8	13.9	12.3	11.6	12.1
Other operating expenses	451.6	363.8	336.9	310.2	389.1	285.2	279.2	259.6
EBITDA [+]	137.4	91.2	86.7	78.8	110.9	87.7	88.4	76.3
EBITDA growth	23.9%	4.0%	-2.0%	3.2%	16.6%	26.9%	30.7%	39.4%
EBITDA margin	17.3%	14.3%	14.6%	14.2%	17.0%	17.2%	17.6%	16.4%
Depreciation and amortization	23.1	22.8	20.4	22.3	18.5	16.6	15.9	15.2
EBIT [+]	114.2	68.4	66.3	56.5	92.3	71.1	72.5	61.1
EBIT growth	23.7%	-3.9%	-8.5%	-7.5%	15.0%	28.0%	32.2%	41.6%
EBIT margin	14.4%	10.7%	11.2%	10.2%	14.2%	13.9%	14.4%	13.1%
Non-recurring items [+]	2.4	0.1	0.2	0.9	2.2	0.1	0.0	0.2
Loss (gain) on sale of assets	0.6	0.1	0.2	0.9	1.6	0.1	0.0	0.2
Interest expense, net [+]	-3.8	9.6	8.5	8.4	11.6	10.6	10.7	8.8
Interest expense	2.8	14.8	12.8	12.8	11.7	10.8	10.7	8.8
Interest income	6.6	5.2	4.3	4.4	0.1	0.2	0.0	0.0
Other income (expense), net [+]	-18.7	7.7	-5.2	-7.7	-14.9	-8.9	-13.9	-25.5
Gain (loss) on investments				-4.2				-1.9
Gain (loss) on debt retirement	-0.2				-1.1			-0.5
Pre-tax income	96.9	66.4	52.4	39.5	63.6	51.5	47.9	26.6
Income taxes	15.4	7.2	4.3	1.9	11.8	-104.6	4.3	3.8
Tax rate	15.8%	10.9%	8.2%	4.9%	18.5%		8.9%	14.4%
Minority interest	314.2	45.8	42.4	35.2	266.1	38.4	39.0	30.5
Earnings from continuing ops	-151.1	72.5	5.7	40.0	-162.4	117.7	48.4	15.1
Earnings from discontinued ops	0.0	0.0	0.0	0.0	-0.1	1.0	-0.2	-1.5
Net income	-151.1	72.4	5.7	40.0	-162.5	118.6	48.2	13.6
Net margin	-19.1%	11.3%	1.0%	7.2%	-25.0%	23.2%	9.6%	2.9%

Basic EPS [+]	($3.76)	$1.80	$0.14	$1.00	($4.13)	$2.97	$1.23	$0.39
Growth	-8.9%	-39.5%	-88.4%	158.5%	94.2%	103.0%	2.8%	10765.8%
Diluted EPS [+]	($3.68)	$1.76	$0.14	$0.98	($3.99)	$2.88	$1.19	$0.39
Growth	-7.8%	-38.8%	-88.3%	152.7%	94.9%	103.4%	3.1%	11231.7%


Shares outstanding (basic) [+]	40.2	40.3	40.1	39.9	39.4	39.6	39.4	38.8
Growth	2.2%	1.9%	1.9%	2.9%	2.3%	2.7%	2.6%	1.2%
Shares outstanding (diluted) [+]	41.1	41.2	41.0	40.8	40.7	40.9	40.8	38.8
Growth	0.9%	0.6%	0.6%	5.2%	1.9%	2.5%	2.3%	-3.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.