Option Care Health Inc
For the period ended Sep 30, 2024. Filed Oct 30, 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 Oct 30, 2024
OPCH$31.69+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(IN THOUSANDS, EXCEPT SHARES AND PER SHARE AMOUNTS)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $483,026 | $343,849 |
| Accounts receivable, net | 428,951 | 377,658 |
| Inventories | 310,599 | 274,004 |
| Prepaid expenses and other current assets | 98,798 | 98,744 |
| Total current assets | 1,321,374 | 1,094,255 |
| NONCURRENT ASSETS: | ||
| Property and equipment, net | 125,911 | 120,630 |
| Operating lease right-of-use asset | 89,210 | 84,159 |
| Intangible assets, net | 17,768 | 20,092 |
| Referral sources, net | 291,839 | 315,304 |
| Goodwill | 1,540,246 | 1,540,246 |
| Other noncurrent assets | 41,379 | 42,349 |
| Total noncurrent assets | 2,106,353 | 2,122,780 |
| TOTAL ASSETS | $3,427,727 | $3,217,035 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $591,971 | $426,513 |
| Accrued compensation and employee benefits | 60,835 | 92,508 |
| Accrued expenses and other current liabilities | 81,893 | 75,010 |
| Current portion of operating lease liability | 22,013 | 18,278 |
| Current portion of long-term debt | 6,512 | 6,000 |
| Total current liabilities | 763,224 | 618,309 |
| NONCURRENT LIABILITIES: | ||
| Long-term debt, net of discount, deferred financing costs and current portion | 1,105,106 | 1,056,650 |
| Operating lease liability, net of current portion | 87,879 | 85,484 |
| Deferred income taxes | 45,008 | 34,920 |
| Other noncurrent liabilities | 279 | — |
| Total noncurrent liabilities | 1,238,272 | 1,177,054 |
| Total liabilities | 2,001,496 | 1,795,363 |
| STOCKHOLDERS’ EQUITY: | ||
| Preferred stock; $0.0001 par value; 12,500,000 shares authorized, no shares outstanding as of September 30, 2024 and December 31, 2023 | — | — |
| Common stock; $0.0001 par value: 250,000,000 shares authorized, 183,793,536 shares issued and 170,146,331 shares outstanding as of September 30, 2024; 182,905,559 shares issued and 174,575,537 shares outstanding as of December 31, 2023 | 18 | 18 |
| Treasury stock; 13,647,205 and 8,330,022 shares outstanding, at cost, as of September 30, 2024 and December 31, 2023, respectively | (416,552) | (255,107) |
| Paid-in capital | 1,224,059 | 1,204,270 |
| Retained earnings | 609,203 | 457,513 |
| Accumulated other comprehensive income | 9,503 | 14,978 |
| Total stockholders’ equity | 1,426,231 | 1,421,672 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $3,427,727 | $3,217,035 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.