v3.22.2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue        
Total revenue $ 269,697 $ 175,638 $ 532,954 $ 351,696
Operating expenses        
Cost of services, excluding depreciation and amortization 230,070 136,214 450,798 276,829
General and administrative expenses 19,894 14,199 31,837 23,663
Depreciation and amortization 4,351 4,237 8,725 8,434
Total expenses 254,315 154,650 491,360 308,926
Income from operations 15,382 20,988 41,594 42,770
Other income (expense)        
Income (loss) from equity method investments 1,512 (3,134) 2,945 (3,812)
Interest expense (1,854) (1,853) (2,927) (3,376)
Interest income 421 563 467 912
Unrealized (loss) gain on investments (1,866) 83,769 (10,829) 83,769
Other income (expense) 3,034 (15,883) 3,647 (14,579)
Total other income (expense), net 1,247 63,462 (6,697) 62,914
Income before provision for income taxes 16,629 84,450 34,897 105,684
Provision for income taxes 6,038 24,920 12,233 31,696
Net income 10,591 59,530 22,664 73,988
Net (loss) income attributable to non-controlling interest (808) 46,872 (2,999) 48,179
Net income attributable to Apollo Medical Holdings, Inc. $ 11,399 $ 12,658 $ 25,663 $ 25,809
Earnings per share – basic (in dollars per share) $ 0.25 $ 0.29 $ 0.57 $ 0.60
Earnings per share – diluted (in dollars per share) $ 0.25 $ 0.28 $ 0.56 $ 0.58
Capitation, net        
Revenue        
Total revenue $ 227,623 $ 144,550 $ 449,682 $ 289,290
Risk pool settlements and incentives        
Revenue        
Total revenue 18,793 16,214 36,868 34,224
Management fee income        
Revenue        
Total revenue 9,984 8,143 20,457 16,693
Fee-for-service, net        
Revenue        
Total revenue 11,740 4,621 22,835 7,707
Other income        
Revenue        
Total revenue $ 1,557 $ 2,110 $ 3,112 $ 3,782

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