Concentra Group Holdings Parent Inc
For the period ended Jun 30, 2024. Filed Aug 27, 2024.
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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.
Jun 30, 2024 · Filed Aug 27, 2024
CON$42.67+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed consolidated statements of cash flows
(in thousands)
| For the Six Months Ended June 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating activities | ||
| Net income | $103,338 | $101,463 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 36,355 | 36,593 |
| Provision for expected credit losses | 59 | 185 |
| Equity in losses of unconsolidated subsidiaries | 3,676 | 526 |
| (Gain) loss on sale or disposal of assets | 42 | (14) |
| Stock compensation expense | 332 | 178 |
| Deferred income taxes | (1,618) | (3,265) |
| Changes in operating assets and liabilities, net of effects of business combinations: | ||
| Accounts receivable | (12,829) | (27,011) |
| Other current assets | 1,224 | (9,944) |
| Other assets | (4,217) | 1,796 |
| Accounts payable and accrued liabilities | (11,307) | (966) |
| Net cash provided by operating activities | 115,055 | 99,541 |
| Investing activities | ||
| Business combinations, net of cash acquired | (5,144) | (1,446) |
| Purchase of customer relationships | — | (4,382) |
| Purchases of property and equipment | (32,494) | (25,864) |
| Proceeds from sale of assets | 23 | 20 |
| Net cash used in investing activities | (37,615) | (31,672) |
| Financing activities | ||
| Borrowings from related party revolving promissory note | 10,000 | — |
| Payments on related party revolving promissory note | (60,000) | (70,000) |
| Borrowings of other debt | 6,618 | 5,471 |
| Principal payments on other debt | (4,378) | (4,074) |
| Distributions to and purchases of non-controlling interests | (2,643) | (3,130) |
| Distributions to Parent | (7,742) | (555) |
| Net cash used in financing activities | (58,145) | (72,288) |
| Net increase (decrease) in cash | 19,295 | (4,419) |
| Cash at beginning of period | 31,374 | 37,657 |
| Cash at end of period | $50,669 | $33,238 |
| Supplemental information | ||
| Cash paid for interest | $19,512 | $22,784 |
| Cash paid for taxes | 34,009 | 32,445 |
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