← Acadia Healthcare Company, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $6.1m | $199.8m | ($175.8m) | $108.9m | ($672.1m) | $190.6m | $273.1m | ($21.7m) | $255.6m | ($1.1b) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $4.2m | $199.6m | ($175.5m) | $110.1m | ($669.2m) | $195.6m | $280.0m | ($15.7m) | $264.5m | ($1.1b) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $6.1m | $199.8m | — | — | $140.3m | $203.3m | $273.1m | ($21.7m) | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $4.2m | $199.6m | — | — | $143.2m | $208.2m | $280.0m | ($15.7m) | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($812.4m) | ($12.6m) | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | ($812.4m) | ($12.6m) | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($2.0m) | ($246k) | $264k | $1.2m | $2.9m | $4.9m | $6.9m | $6.0m | $8.9m | $10.8m | |
| Depreciation and amortization | $135.1m | $143.0m | $158.8m | $164.0m | $95.3m | $106.7m | $117.8m | $132.3m | $149.6m | $189.2m | |
| Depreciation | $134.8m | $143.0m | $158.8m | $164.0m | $95.3m | $106.7m | $117.8m | $132.3m | $149.6m | $189.2m | |
| Amortization of Debt Issuance Costs | $10.3m | $9.9m | $10.5m | $12.0m | $12.6m | $4.1m | $3.3m | $3.3m | $4.1m | $4.9m | |
| Amortization of Intangible Assets | $400k | — | — | — | — | — | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | $28.6m | $31.4m | ($9.7m) | $1.8m | $53.1m | $11.8m | $16.5m | ($94.0m) | $67.7m | $1.1m | |
| Share-based Payment Arrangement, Noncash Expense | $28.3m | $23.5m | $22.0m | $17.3m | $22.5m | $37.5m | $29.6m | $32.3m | $37.1m | $31.7m | |
| Goodwill and Intangible Asset Impairment | $0 | $0 | — | $0 | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $325.9m | — | — | — | — | — | — | $996.2m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | $600k | — | — | $5.4m | $3.5m | $300k | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | $5.3m | $8.2m | $18.1m | $92k | $3.5m | $7.1m | $9.7m | $10.4m | $8.7m | |
| Gain (Loss) on Disposition of Business | ($178.8m) | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | ($4.3m) | ($810k) | ($1.8m) | — | ($7.2m) | ($24.6m) | — | — | — | ($1.3m) | |
| Income Tax Expense (Benefit) | $28.8m | $37.2m | $6.5m | $25.9m | $40.6m | $67.6m | $94.1m | ($9.7m) | $77.4m | $26.0m | |
| Operating Lease, Expense | — | — | — | $82.2m | $37.4m | $38.5m | $45.5m | $46.6m | $47.9m | $48.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $15.7m | $28.6m | $16.8m | $19.1m | ($15.3m) | ($2.4m) | $42.0m | $39.0m | $2.3m | $75.0m | |
| General and Administrative Expense | $86.8m | $76.4m | $86.6m | $90.4m | $97.8m | $108.2m | $124.3m | $153.3m | $156.8m | $177.6m | |
| Goodwill | $2.7b | $2.8b | $2.4b | $2.4b | $2.1b | $2.2b | $2.2b | $2.2b | $2.3b | $1.3b | |
| Operating Expenses | $2.8b | $2.6b | $3.2b | $3.0b | — | — | — | — | — | — | |
| Proceeds from Contributions from Affiliates | — | — | — | — | — | — | $15.4m | $3.0m | $5.2m | $8.6m | |
| Net Cash Provided by (Used in) Operating Activities | $361.5m | $399.6m | $414.1m | $332.9m | $658.8m | $374.5m | $380.6m | $462.3m | $129.7m | $131.9m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $307.5m | $274.2m | $341.5m | $284.7m | $216.6m | $244.8m | $296.1m | $424.1m | $690.4m | $571.8m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $683.5m | $18.2m | — | $45.7m | — | $139.0m | $9.5m | $349k | $53.5m | $8.2m | |
| Payments for (Proceeds from) Other Investing Activities | $2.5m | $3.1m | $1.1m | ($13.8m) | $13.4m | ($3.1m) | $7.2m | $2.2m | $3.0m | $90k | |
| Net Cash Provided by (Used in) Investing Activities | ($660.4m) | ($336.5m) | ($361.0m) | ($201.1m) | ($281.8m) | $1.0b | ($305.8m) | ($397.2m) | ($736.5m) | ($556.2m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $1.5b | — | — | — | $925.0m | $425.0m | — | — | $350.0m | $1.2b | |
| Repayments of Long-term Debt | $200.6m | $22.5m | $21.9m | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $216.9m | — | — | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | — | $50.0m | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | $4.2m | $4.2m | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($3.8m) | $686k | ($2.3m) | ($6.8m) | ($3.1m) | ($6.9m) | $52k | $37k | — | ($90k) | |
| Net Cash Provided by (Used in) Financing Activities | $358.8m | ($60.1m) | ($67.3m) | ($61.6m) | ($51.5m) | ($1.6b) | ($110.9m) | ($62.7m) | $583.0m | $481.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $45.8m | $10.2m | ($16.8m) | $73.7m | $254.5m | ($244.9m) | ($36.2m) | $2.4m | ($23.8m) | $56.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $378.7m | $133.8m | — | — | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $161.1m | $159.1m | $175.2m | $173.2m | $137.6m | $93.7m | $65.7m | $80.7m | $113.4m | $124.7m | |
| Income Taxes Paid, Net | $15.5m | $10.3m | $6.7m | $35.5m | ($16.5m) | $79.3m | $86.2m | $66.4m | $28.1m | $30.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.