Addus HomeCare Corp
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
ADUS$122.42-1.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
As of December 31, 2023 and 2022
(amounts and shares in thousands, except per share data)
| 2023 | 2022 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash | $64,791 | $79,961 |
| Accounts receivable, net of allowances for credit losses | 115,499 | 125,501 |
| Prepaid expenses and other current assets | 19,714 | 17,345 |
| Total current assets | 200,004 | 222,807 |
| Property and equipment, net of accumulated depreciation and amortization | 24,011 | 21,182 |
| Other assets | ||
| Goodwill | 662,995 | 582,837 |
| Intangibles, net of accumulated amortization | 91,983 | 72,188 |
| Operating lease assets, net | 45,433 | 38,980 |
| Total other assets | 800,411 | 694,005 |
| Total assets | $1,024,426 | $937,994 |
| Liabilities and stockholders’ equity | ||
| Current liabilities | ||
| Accounts payable | $26,183 | $22,092 |
| Accrued payroll | 56,551 | 44,937 |
| Accrued expenses | 33,236 | 27,507 |
| Operating lease liabilities, current portion | 11,339 | 10,801 |
| Government stimulus advances | 5,765 | 12,912 |
| Accrued workers’ compensation insurance | 12,043 | 12,897 |
| Total current liabilities | 145,117 | 131,146 |
| Long-term liabilities | ||
| Long-term debt, net of debt issuance costs | 124,132 | 131,772 |
| Long-term operating lease liabilities | 39,711 | 35,479 |
| Other long-term liabilities | 8,772 | 6,057 |
| Total long-term liabilities | 172,615 | 173,308 |
| Total liabilities | $317,732 | $304,454 |
| Stockholders’ equity | ||
| Common stock—$.001 par value; 40,000 authorized and 16,227 and 16,128 shares issued and outstanding as of December 31, 2023 and 2022, respectively | $16 | $16 |
| Additional paid-in capital | 403,846 | 393,208 |
| Retained earnings | 302,832 | 240,316 |
| Total stockholders’ equity | 706,694 | 633,540 |
| Total liabilities and stockholders’ equity | $1,024,426 | $937,994 |
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