|
Accounts receivable—less allowance for doubtful accounts of $681 and $232 at December 31, 2025 and 2024, respectively
|
|
$24.5m
|
$32.2m
|
$47.2m
|
$53.9m
|
$53.4m
|
$61.1m
|
$81.3m
|
$123.1m
|
|
Prepaid expenses and other current assets
|
|
$4.6m
|
$6.1m
|
$12.3m
|
$16.7m
|
$18.3m
|
$12.9m
|
$17.3m
|
$27.3m
|
|
Total current assets
|
|
$29.1m
|
$38.7m
|
$59.6m
|
$75.8m
|
$73.8m
|
$80.1m
|
$122.9m
|
$167.4m
|
|
Property and equipment, net
|
|
$10.5m
|
$14.6m
|
$17.9m
|
$16.8m
|
$26.6m
|
$28.6m
|
$43.3m
|
$61.0m
|
|
Goodwill
|
|
$30.9m
|
$41.2m
|
$66.4m
|
$74.3m
|
$79.5m
|
$91.0m
|
$129.1m
|
$237.2m
|
|
Other indefinite-lived intangibles
|
|
$25.1m
|
$33.5m
|
$47.5m
|
$53.7m
|
$58.6m
|
$67.7m
|
$96.2m
|
$199.4m
|
|
Right-of-use assets
|
|
—
|
$316.3m
|
$308.6m
|
$301.0m
|
$260.9m
|
$262.9m
|
$270.6m
|
$275.9m
|
|
Restricted and other assets
|
|
$2.5m
|
$2.0m
|
$4.3m
|
$4.8m
|
$10.5m
|
$9.3m
|
$17.5m
|
$26.7m
|
|
Cash
|
|
$41k
|
$402k
|
$43k
|
$5.2m
|
$2.1m
|
$6.1m
|
$24.2m
|
$17.0m
|
|
Deferred tax assets, net
|
|
—
|
$0
|
$2.1m
|
$3.8m
|
$2.1m
|
$0
|
$0
|
$478k
|
|
Lease liabilities—current
|
|
—
|
$12.3m
|
$14.1m
|
$16.1m
|
$16.6m
|
$17.1m
|
$19.7m
|
$25.0m
|
|
Long-term lease liabilities—less current portion
|
|
—
|
$304.0m
|
$296.6m
|
$287.8m
|
$247.0m
|
$248.6m
|
$253.4m
|
$254.3m
|
|
Total The Pennant Group, Inc. stockholders' equity
|
|
$55.9m
|
$0
|
$96.6m
|
$110.2m
|
$121.0m
|
$140.3m
|
$293.3m
|
$332.6m
|
|
Total equity
|
|
$65.3m
|
$71.1m
|
$101.2m
|
$114.2m
|
$125.7m
|
$145.5m
|
$312.0m
|
$374.3m
|
|
Total assets
|
|
$98.2m
|
$447.8m
|
$507.0m
|
$530.3m
|
$512.1m
|
$539.7m
|
$679.5m
|
$968.2m
|
|
Accounts payable
|
|
$4.4m
|
$8.7m
|
$9.8m
|
$10.6m
|
$13.6m
|
$10.8m
|
$18.7m
|
$25.2m
|
|
Accrued wages and related liabilities
|
|
$12.8m
|
$16.3m
|
$26.9m
|
$23.5m
|
$23.3m
|
$28.3m
|
$43.1m
|
$65.2m
|
|
Current maturities of long-term debt
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$5.0m
|
|
Other accrued liabilities
|
|
$12.4m
|
$13.9m
|
$38.3m
|
$21.5m
|
$16.7m
|
$15.3m
|
$20.2m
|
$26.9m
|
|
Total current liabilities
|
|
$29.5m
|
$51.2m
|
$89.0m
|
$71.6m
|
$70.2m
|
$71.5m
|
$101.7m
|
$147.3m
|
|
Deferred tax liabilities, net
|
|
—
|
—
|
—
|
—
|
$0
|
$1.9m
|
$1.9m
|
$150k
|
|
Other long-term liabilities
|
|
$3.3m
|
$2.9m
|
$11.9m
|
$5.3m
|
$6.3m
|
$8.3m
|
$10.6m
|
$23.4m
|
|
Long-term debt, net
|
|
$0
|
$18.5m
|
$8.3m
|
$51.4m
|
$62.9m
|
$63.9m
|
$0
|
$168.8m
|
|
Total liabilities
|
|
$32.9m
|
$376.6m
|
$405.8m
|
$416.1m
|
$386.5m
|
$394.2m
|
$367.6m
|
$593.9m
|
|
Common stock, $0.001 par value; 100,000 shares authorized; 34,878 and 34,626 shares issued and outstanding at December 31, 2025, respectively, and 34,670 and 34,373 shares issued and outstanding at December 31, 2024, respectively
|
|
0
|
28k
|
28k
|
28k
|
29k
|
29k
|
35k
|
35k
|
|
Additional paid-in capital
|
|
$0
|
$74.9m
|
$84.7m
|
$95.6m
|
$99.8m
|
$105.7m
|
$236.1m
|
$245.8m
|
|
Retained earnings
|
|
$0
|
($3.8m)
|
$11.9m
|
$14.6m
|
$21.3m
|
$34.7m
|
$57.2m
|
$86.8m
|
|
Treasury stock, at cost, 3 shares at December 31, 2025 and 2024
|
|
—
|
—
|
—
|
($65k)
|
($65k)
|
($65k)
|
($65k)
|
($65k)
|
|
Noncontrolling interest
|
|
$9.4m
|
$0
|
$4.6m
|
$4.0m
|
$4.6m
|
$5.2m
|
$18.7m
|
$41.6m
|
|
Total liabilities and equity
|
|
$98.2m
|
$447.8m
|
$507.0m
|
$530.3m
|
$512.1m
|
$539.7m
|
$679.5m
|
$968.2m
|