BrightSpring Health Services Inc
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Comprehensive Loss
| For the Three Months Ended · For the Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Net loss | $(8,981) | $(130,124) | $(35,925) | $(149,634) |
| Other comprehensive (loss) income, net of tax: | ||||
| Foreign currency translation adjustments | 72 | (94) | (123) | 15 |
| Cash flow hedges: | ||||
| Net change in fair value, net of tax (1) | (12,429) | 23,706 | 8,675 | 43,513 |
| Amounts reclassified to earnings, net of tax (2) | (7,373) | (10,566) | (21,801) | (20,125) |
| Total other comprehensive (loss) income, net of tax | (19,730) | 13,046 | (13,249) | 23,403 |
| Total comprehensive loss | (28,711) | (117,078) | (49,174) | (126,231) |
| Comprehensive (loss) income attributable to redeemable noncontrolling interests | (573) | 548 | (1,395) | (1,568) |
| Comprehensive loss attributable to noncontrolling interest | (178) | — | (469) | — |
| Comprehensive loss attributable to BrightSpring Health Services, Inc. and subsidiaries | $(27,960) | $(117,626) | $(47,310) | $(124,663) |
(1)
The income tax effects of the net change in fair value were$4,024 and $(2,809) for the three and nine months ended September 30, 2024, respectively, and $9,607 and $3,016 for the three and nine months ended September 30, 2023, respectively.
(2)
The income tax effects of amounts reclassified to earnings were $2,387 and $7,059 for the three and nine months ended September 30, 2024, respectively, and $(1,433) and $1,748 for the three and nine months ended September 30, 2023, respectively.
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