v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 316,270 $ 262,201
Accounts receivable—less allowance for doubtful accounts of $7,802 and $11,213 at December 31, 2022 and 2021, respectively 408,432 328,731
Investments—current 15,441 13,763
Prepaid income taxes 4,643 5,452
Prepaid expenses and other current assets 36,339 29,562
Total current assets 781,125 639,709
Property and equipment, net 992,010 888,434
Right-of-use assets 1,450,995 1,138,872
Insurance subsidiary deposits and investments 67,652 54,097
Deferred tax assets 39,643 33,147
Restricted and other assets 37,291 29,516
Intangible assets, net 2,465 2,652
Goodwill 76,869 60,469
Other indefinite-lived intangibles 3,972 3,727
TOTAL ASSETS 3,452,022 2,850,623
Current liabilities:    
Accounts payable 77,087 58,116
Accrued wages and related liabilities (Note 3) 289,810 278,770
Lease liabilities—current 65,796 52,181
Accrued self-insurance liabilities—current 48,187 40,831
Other accrued liabilities 97,309 89,410
Current maturities of long-term debt 3,883 3,760
Total current liabilities 582,072 523,068
Long-term debt—less current maturities 149,269 152,883
Long-term lease liabilities—less current portion 1,355,113 1,056,515
Accrued self-insurance liabilities—less current portion 83,495 69,308
Other long-term liabilities 33,273 27,135
TOTAL LIABILITIES 2,203,222 1,828,909
Commitments and contingencies (Notes 16, 18 and 21)
Ensign Group, Inc. stockholders' equity:    
Common stock: $0.001 par value; 100,000 shares authorized; 59,029 and 55,661 shares issued and outstanding at December 31, 2022, respectively, and 58,134 and 55,190 shares issued and outstanding at December 31, 2021, respectively 59 58
Additional paid-in capital 415,560 369,760
Retained earnings 946,339 733,992
Common stock in treasury, at cost, 3,368 and 2,944 shares at December 31, 2022 and 2021, respectively (Note 22) (114,626) (83,042)
Total Ensign Group, Inc. stockholders' equity 1,247,332 1,020,768
Non-controlling interest 1,468 946
Total equity 1,248,800 1,021,714
TOTAL LIABILITIES AND EQUITY $ 3,452,022 $ 2,850,623