10-Q Filing

CHEMED CORP CIK: 19584 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001157523-14-001833`
Period End Date	20140331
Filing Date	20140502
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	che-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 34 Cash Flow Statement 69

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.59M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.82M	USD	Point-in-time
Properties and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$185.06M	USD	Point-in-time
Properties and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$180.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.48M	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$32.05M	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$32.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.42M	USD	Point-in-time
Capital stock - authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Accounts receivable less allowances of $13,824 (2013 - $12,590)	`AccountsReceivableNetCurrent`	$91.77M	USD	Point-in-time
Accounts receivable less allowances of $13,824 (2013 - $12,590)	`AccountsReceivableNetCurrent`	$116.15M	USD	Point-in-time
Capital stock - authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Capital stock - par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Capital stock - par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Inventories	`InventoryNet`	$6.70M	USD	Point-in-time
Inventories	`InventoryNet`	$6.68M	USD	Point-in-time
Capital stock - issued	`CommonStockSharesIssued`	32.62M	shares	Point-in-time
Capital stock - issued	`CommonStockSharesIssued`	32.25M	shares	Point-in-time
Current deferred income taxes	`DeferredTaxAssetsNetCurrent`	$20.26M	USD	Point-in-time
Current deferred income taxes	`DeferredTaxAssetsNetCurrent`	$13.77M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$3.41M	USD	Point-in-time
Treasury stock	`TreasuryStockShares`	15.18M	shares	Point-in-time
Treasury stock	`TreasuryStockShares`	14.66M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$3.69M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$17.82M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$18.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$198.41M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$224.66M	USD	Point-in-time
Investments of deferred compensation plans	`DeferredCompensationPlanAssets`	$42.47M	USD	Point-in-time
Investments of deferred compensation plans	`DeferredCompensationPlanAssets`	$45.73M	USD	Point-in-time
Properties and equipment, at cost, less accumulated depreciation of $185,056 (2013 - $180,550)	`PropertyPlantAndEquipmentNet`	$92.95M	USD	Point-in-time
Properties and equipment, at cost, less accumulated depreciation of $185,056 (2013 - $180,550)	`PropertyPlantAndEquipmentNet`	$93.58M	USD	Point-in-time
Identifiable intangible assets less accumulated amortization of $32,380 (2013 - $32,055)	`IntangibleAssetsNetExcludingGoodwill`	$56.28M	USD	Point-in-time
Identifiable intangible assets less accumulated amortization of $32,380 (2013 - $32,055)	`IntangibleAssetsNetExcludingGoodwill`	$56.56M	USD	Point-in-time
Goodwill	`Goodwill`	$466.96M	USD	Point-in-time
Goodwill	`Goodwill`	$466.87M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.66M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.20M	USD	Point-in-time
Total Assets	`Assets`	$893.70M	USD	Point-in-time
Total Assets	`Assets`	$868.62M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$41.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$38.60M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$183.56M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$185.82M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$3.97M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$111.00K	USD	Point-in-time
Accrued insurance	`SelfInsuranceReserve`	$41.86M	USD	Point-in-time
Accrued insurance	`SelfInsuranceReserve`	$39.39M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$48.32M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$38.23M	USD	Point-in-time
Accrued legal	`LitigationReserveCurrent`	$7.15M	USD	Point-in-time
Accrued legal	`LitigationReserveCurrent`	$23.21M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.16M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$24.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$363.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$337.85M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$28.23M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$27.30M	USD	Point-in-time
Deferred compensation liabilities	`DeferredCompensationLiabilityClassifiedNoncurrent`	$45.50M	USD	Point-in-time
Deferred compensation liabilities	`DeferredCompensationLiabilityClassifiedNoncurrent`	$42.35M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$11.18M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$11.11M	USD	Point-in-time
Total Liabilities	`Liabilities`	$422.69M	USD	Point-in-time
Total Liabilities	`Liabilities`	$444.81M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Capital stock - authorized 80,000,000 shares $1 par; issued 32,621,360 shares (2013 - 32,245,226 shares)	`CommonStockValue`	$32.24M	USD	Point-in-time
Capital stock - authorized 80,000,000 shares $1 par; issued 32,621,360 shares (2013 - 32,245,226 shares)	`CommonStockValue`	$32.62M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$504.88M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$481.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$686.11M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$703.38M	USD	Point-in-time
Treasury stock - 15,180,456 shares (2013 - 14,660,427)	`TreasuryStockValue`	$797.14M	USD	Point-in-time
Treasury stock - 15,180,456 shares (2013 - 14,660,427)	`TreasuryStockValue`	$752.63M	USD	Point-in-time
Deferred compensation payable in Company stock	`DeferredCompensationPayableInCompanyStock`	$2.15M	USD	Point-in-time
Deferred compensation payable in Company stock	`DeferredCompensationPayableInCompanyStock`	$2.19M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$445.93M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$448.89M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$893.70M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$868.62M	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Service revenues and sales	`SalesRevenueNet`	$366.64M	USD	1 Quarter
Service revenues and sales	`SalesRevenueNet`	$358.30M	USD	1 Quarter
Cost of services provided and goods sold (excluding depreciation)	`CostOfRevenue`	$257.82M	USD	1 Quarter
Cost of services provided and goods sold (excluding depreciation)	`CostOfRevenue`	$264.31M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$55.56M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$55.67M	USD	1 Quarter
Depreciation	`Depreciation`	$6.79M	USD	1 Quarter
Depreciation	`Depreciation`	$7.15M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$1.01M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$1.13M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$327.79M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$321.65M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$38.85M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$36.65M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.81M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.09M	USD	1 Quarter
Other income - net	`NonoperatingIncomeExpense`	$1.71M	USD	1 Quarter
Other income - net	`NonoperatingIncomeExpense`	$816.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$33.65M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$36.46M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$14.19M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$13.08M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.28M	USD	1 Quarter
Net income	`EarningsPerShareBasic`	$1.17	USD	1 Quarter
Net income	`EarningsPerShareBasic`	$1.20	USD	1 Quarter
Average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	17.51M	shares	1 Quarter
Average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	18.52M	shares	1 Quarter
Net income	`EarningsPerShareDiluted`	$1.17	USD	1 Quarter
Net income	`EarningsPerShareDiluted`	$1.12	USD	1 Quarter
Average number of shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.00M	shares	1 Quarter
Average number of shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.30M	shares	1 Quarter
Cash Dividends Per Share	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Cash Dividends Per Share	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$20.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationOfIntangiblesAndStockAward`	$7.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationOfIntangiblesAndStockAward`	$8.16M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.84M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-681.00K	USD	1 Quarter
Provision for uncollectible accounts receivable	`ProvisionForDoubtfulAccounts`	$3.30M	USD	1 Quarter
Provision for uncollectible accounts receivable	`ProvisionForDoubtfulAccounts`	$2.97M	USD	1 Quarter
Amortization of discount on convertible notes	`AmortizationOfDebtDiscountPremium`	$2.26M	USD	1 Quarter
Amortization of discount on convertible notes	`AmortizationOfDebtDiscountPremium`	$2.11M	USD	1 Quarter
Stock option expense	`StockOptionPlanExpense`	$1.49M	USD	1 Quarter
Stock option expense	`StockOptionPlanExpense`	$1.31M	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$780.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$337.00K	USD	1 Quarter
Noncash portion of long-term incentive compensation	`NoncashLongTermIncentiveCompensation`	$612.00K	USD	1 Quarter
Noncash portion of long-term incentive compensation	`NoncashLongTermIncentiveCompensation`	$373.00K	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$36.71M	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$27.70M	USD	1 Quarter
Decrease in inventories	`IncreaseDecreaseInInventories`	$-27.00K	USD	1 Quarter
Decrease in inventories	`IncreaseDecreaseInInventories`	$-499.00K	USD	1 Quarter
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.11M	USD	1 Quarter
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.09M	USD	1 Quarter
Decrease in accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayable`	$-698.00K	USD	1 Quarter
Decrease in accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayable`	$-32.56M	USD	1 Quarter
Increase in income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$10.14M	USD	1 Quarter
Increase in income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.32M	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.07M	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.07M	USD	1 Quarter
Increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.28M	USD	1 Quarter
Increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.08M	USD	1 Quarter
Excess tax benefit on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.89M	USD	1 Quarter
Excess tax benefit on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.40M	USD	1 Quarter
Other sources	`OtherNoncashIncomeExpense`	$-409.00K	USD	1 Quarter
Other sources	`OtherNoncashIncomeExpense`	$-196.00K	USD	1 Quarter
Net cash provided/(used) by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$8.14M	USD	1 Quarter
Net cash provided/(used) by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-11.85M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.41M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.13M	USD	1 Quarter
Business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$250.00K	USD	1 Quarter
Other sources	`PaymentsForProceedsFromOtherInvestingActivities`	$-29.00K	USD	1 Quarter
Other sources	`PaymentsForProceedsFromOtherInvestingActivities`	$-78.00K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.35M	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.33M	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$32.98M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.30M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.37M	USD	1 Quarter
Capital stock surrendered to pay taxes on stock-based compensation	`PaymentsForRepurchaseOfEquity`	$3.39M	USD	1 Quarter
Capital stock surrendered to pay taxes on stock-based compensation	`PaymentsForRepurchaseOfEquity`	$2.92M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromIssuanceOfCommonStock`	$13.19M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromIssuanceOfCommonStock`	$10.17M	USD	1 Quarter
Excess tax benefit on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.40M	USD	1 Quarter
Excess tax benefit on share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.89M	USD	1 Quarter
Increase/(decrease) in cash overdrafts payable	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$-3.17M	USD	1 Quarter
Increase/(decrease) in cash overdrafts payable	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$369.00K	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.11M	USD	1 Quarter
Other uses	`ProceedsFromPaymentsForOtherFinancingActivities`	$-419.00K	USD	1 Quarter
Other uses	`ProceedsFromPaymentsForOtherFinancingActivities`	$-501.00K	USD	1 Quarter
Net cash provided/(used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$612.00K	USD	1 Quarter
Net cash provided/(used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.74M	USD	1 Quarter
Increase/(Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.42M	USD	1 Quarter
Increase/(Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-44.94M	USD	1 Quarter
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$72.96M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$69.53M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$39.48M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$84.42M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$72.96M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$69.53M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.48M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$84.42M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.