v3.26.1
UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Other Comprehensive Gain [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Total Shareholders' Equity [Member]
Non-Controlling Interests [Member]
Total
Beginning balance at Dec. 31, 2024 $ 172 $ 290,321 $ 2,799 $ 227,265 $ (31,628) $ 488,929 $ 1,092 $ 490,021
Beginning balance (in shares) at Dec. 31, 2024 17,309,000              
Beginning balance (in shares) at Dec. 31, 2024         (2,215,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to USPH shareholders $ 0 0 0 22,292 $ 0 22,292 0 22,292
Net income attributable to non-controlling interest - permanent equity 0 0 0 0 0 0 2,970 2,970
Issuance of restricted stock, net of cancellations $ 0 0 0 0 $ 0 0 0 0
Issuance of restricted stock, net of cancellations (in shares) 110,000       0      
Revaluation of redeemable non-controlling interest, net of tax $ 0 0 0 (1,903) $ 0 (1,903) 0 (1,903)
Revaluation of redeemable non-controlling interest, net of tax (in shares) 0       0      
Compensation expense - equity-based awards $ 0 3,706 0 0 $ 0 3,706 0 3,706
Sale of non-controlling interest 0 (9) 0 0   (9) 0 (9)
Dividends paid to USPH shareholders 0 0 0 (13,678) 0 (13,678) 0 (13,678)
Distributions to non-controlling interest partners - permanent equity 0 0 0 0 0 0 (2,565) (2,565)
Deferred taxes related to redeemable non-controlling interest - temporary equity 0 0 0 2,375 0 2,375 0 2,375
Other comprehensive gain or loss 0 0 (1,585) 0 0 (1,585) 0 (1,585)
Transfer of compensation liability for certain stock issued pursuant to long-term incentive plans 0 721 0 0 0 721 0 721
Other 0 (103) 0 5 0 (98) 47 (51)
Ending balance at Jun. 30, 2025 $ 172 294,636 1,214 236,356 $ (31,628) 500,750 1,544 502,294
Ending balance (in shares) at Jun. 30, 2025 17,419,000              
Ending balance (in shares) at Jun. 30, 2025         (2,215,000)      
Beginning balance at Mar. 31, 2025 $ 172 292,773 1,783 234,161 $ (31,628) 497,261 1,700 498,961
Beginning balance (in shares) at Mar. 31, 2025 17,406,000              
Beginning balance (in shares) at Mar. 31, 2025         (2,215,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to USPH shareholders $ 0 0 0 12,393 $ 0 12,393 0 12,393
Net income attributable to non-controlling interest - permanent equity 0 0 0 0 0 0 1,413 1,413
Issuance of restricted stock, net of cancellations $ 0 0 0 0 $ 0 0 0 0
Issuance of restricted stock, net of cancellations (in shares) 13,000       0      
Revaluation of redeemable non-controlling interest, net of tax $ 0 0 0 (4,806) $ 0 (4,806) 0 (4,806)
Revaluation of redeemable non-controlling interest, net of tax (in shares) 0       0      
Compensation expense - equity-based awards $ 0 1,975 0 0 $ 0 1,975 0 1,975
Sale of non-controlling interest 0 (9) 0 0 0 (9) 0 (9)
Dividends paid to USPH shareholders 0 0 0 (6,842) 0 (6,842) 0 (6,842)
Distributions to non-controlling interest partners - permanent equity 0 0 0 0 0 0 (1,578) (1,578)
Deferred taxes related to redeemable non-controlling interest - temporary equity 0 0 0 1,439 0 1,439 0 1,439
Other comprehensive gain or loss 0 0 (594) 0 0 (594) 0 (594)
Other 0 (103) 25 11 0 (67) 9 (58)
Ending balance at Jun. 30, 2025 $ 172 294,636 1,214 236,356 $ (31,628) 500,750 1,544 502,294
Ending balance (in shares) at Jun. 30, 2025 17,419,000              
Ending balance (in shares) at Jun. 30, 2025         (2,215,000)      
Beginning balance at Dec. 31, 2025 $ 174 285,522 714 227,216 $ (37,194) 476,432 456 $ 476,888
Beginning balance (in shares) at Dec. 31, 2025 17,419,000              
Beginning balance (in shares) at Dec. 31, 2025         (2,296,000)     (2,296,059)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to USPH shareholders $ 0 0 0 14,936 $ 0 14,936 0 $ 14,936
Net income attributable to non-controlling interest - permanent equity 0 0 0 0 0 0 1,524 1,524
Issuance of restricted stock, net of cancellations $ 1 0 0 0 $ 0 1 0 1
Issuance of restricted stock, net of cancellations (in shares) 107,000       0      
Revaluation of redeemable non-controlling interest, net of tax $ 0 0 0 (17,663) $ 0 (17,663) 0 (17,663)
Revaluation of redeemable non-controlling interest, net of tax (in shares) 0       0      
Compensation expense - equity-based awards $ 0 4,583 0 0 $ 0 4,583 0 4,583
Sale of non-controlling interest 0 0 0 0 0 0 26 26
Purchase of partnership interests - non-controlling interest 0 (239) 0 0 0 (239) (38) (277)
Dividends paid to USPH shareholders 0 0 0 (13,871) 0 (13,871) 0 (13,871)
Distributions to non-controlling interest partners - permanent equity 0 0 0 0 0 0 (1,457) (1,457)
Deferred taxes related to redeemable non-controlling interest - temporary equity 0 0 0 2,746 0 2,746 0 2,746
Other comprehensive gain or loss 0 0 333 0 0 333 0 333
Transfer of compensation liability for certain stock issued pursuant to long-term incentive plans 0 685 0 0 0 685 0 685
Repurchase of common stock $ 0 0 0 0 $ (19,284) (19,284)   (19,284)
Repurchase of common stock (in shares) 0       (307,000)      
Other $ 0 0 0 (3) $ 0 (3) 0 (3)
Ending balance at Jun. 30, 2026 $ 175 290,551 1,047 213,361 $ (56,478) 448,656 511 $ 449,167
Ending balance (in shares) at Jun. 30, 2026 17,526,000              
Ending balance (in shares) at Jun. 30, 2026         (2,603,000)     (2,603,117)
Beginning balance at Mar. 31, 2026 $ 175 288,140 978 216,876 $ (37,194) 468,975 459 $ 469,434
Beginning balance (in shares) at Mar. 31, 2026 17,526,000              
Beginning balance (in shares) at Mar. 31, 2026         (2,296,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to USPH shareholders $ 0 0 0 9,898 $ 0 9,898 0 9,898
Net income attributable to non-controlling interest - permanent equity 0 0 0 0 0 0 920 920
Revaluation of redeemable non-controlling interest, net of tax $ 0 0 0 (8,294) $ 0 (8,294) 0 (8,294)
Revaluation of redeemable non-controlling interest, net of tax (in shares) 0       0      
Compensation expense - equity-based awards $ 0 2,411 0 0 $ 0 2,411 0 2,411
Dividends paid to USPH shareholders 0 0 0 (6,865) 0 (6,865) 0 (6,865)
Distributions to non-controlling interest partners - permanent equity 0 0 0 0 0 0 (868) (868)
Deferred taxes related to redeemable non-controlling interest - temporary equity 0 0 0 1,746 0 1,746 0 1,746
Other comprehensive gain or loss 0 0 69 0 0 69 0 69
Repurchase of common stock $ 0 0 0 0 $ (19,284) (19,284) 0 (19,284)
Repurchase of common stock (in shares) 0       (307,000)      
Ending balance at Jun. 30, 2026 $ 175 $ 290,551 $ 1,047 $ 213,361 $ (56,478) $ 448,656 $ 511 $ 449,167
Ending balance (in shares) at Jun. 30, 2026 17,526,000              
Ending balance (in shares) at Jun. 30, 2026         (2,603,000)     (2,603,117)