10-Q quarterly report · filed Jul 29, 2016

Acadia Healthcare Company Inc (ACHC) Q2 2016 10-Q Quarterly Report

Short answer

Acadia Healthcare Company Inc (ACHC) filed its Q2 2016 10-Q quarterly report on Jul 29, 2016 for the quarter ended Jun 30, 2016.

Acadia Healthcare Company Inc Q2 2016 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $756.5M, up 66.8% YoY from $453.7M, driven primarily by acquisitions, especially Priory
  • Income from continuing operations margin 7.3% vs 7.5% YoY; pretax margin 9.8% vs 10.9%
  • NHS revenue $299.0M, up from $83.1M YoY, the strongest payor category; Other revenue $9.8M vs $13.9M
  • Operating cash flow $185.8M vs $90.6M; investing outflow $890.0M, including $683.3M acquisitions and $177.7M capital expenditures
  • Outlook: approximately 800 beds expected in 2016; CMA review restricts Priory integration and requires sale of 19 facilities with approximately 750 beds

Risk Factors

  • CMA review of Priory acquisition, including potential phase 2 investigation, delaying integration of Priory’s business
  • CMA-required divestiture of 19 facilities totaling approximately 750 beds, with acceptable terms and timing uncertain
  • Brexit referendum, June 23, 2016, increasing U.K. economic and political uncertainty
  • GBP decline to its lowest level against USD in more than 30 years, reducing translated international results
  • Foreign-exchange regulations potentially limiting U.K. cash repatriation and conversion into USDs

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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