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CYH Stock Price Correlated With Community Health Systems Financials
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Income Statement
Cash Flow
Balance Sheet
CYH Income Statement
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Revenue, Net:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
CYH Cash Flow
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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:
CYH Balance Sheet
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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:
COMPANY PROFILE
1. BASIS OF PRESENTATION
The unaudited condensed consolidated financial statements of Community Health Systems, Inc.
and its subsidiaries (the “Company”) as of March 31, 2011 and December 31, 2010 and for the
three-month periods ended March 31, 2011 and March 31, 2010, have been prepared in accordance with
accounting principles generally accepted in the United States of America (“U.S. GAAP”). In the
opinion of management, such information contains all adjustments, consisting only of normal
recurring adjustments, necessary for a fair presentation of the results for such periods. All
intercompany transactions and balances have been eliminated. The results of operations for the
three months ended March 31, 2011, are not necessarily indicative of the results to be expected for
the full fiscal year ending December 31, 2011. Certain information and disclosures normally
included in the notes to consolidated financial statements have been condensed or omitted as
permitted by the rules and regulations of the Securities and Exchange Commission (the “SEC”). The
Company believes the disclosures are adequate to make the information presented not misleading. The
accompanying unaudited condensed consolidated financial statements should be read in conjunction
with the consolidated financial statements and notes thereto for the year ended December 31, 2010,
contained in the Company’s Annual Report on Form 10-K.
Noncontrolling interests in less-than-wholly-owned consolidated subsidiaries of the parent are
presented as a component of total equity on the condensed consolidated balance sheets to
distinguish between the interests of the parent company and the interests of the noncontrolling
owners. Noncontrolling interests that are redeemable or may become redeemable at a fixed or
determinable price at the option of the holder or upon the occurrence of an event outside of the
control of the Company are presented in mezzanine equity on the condensed consolidated balance
sheets.
During the three months ended March 31, 2011, the Company sold a multi-specialty physician
clinic and made the decision to sell a hospital. Accordingly, as of March 31, 2011, this hospital
has been classified as held for sale. The condensed consolidated statement of income for the three
months ended March 31, 2010 has been restated to reclassify the results of operations for these
entities to discontinued operations. The condensed consolidated balance sheet as of December 31,
2010 has been restated to present the long-lived assets of the disposal group as held for sale for
comparative purposes with the March 31, 2011 presentation.
Throughout these notes to the condensed consolidated financial statements, Community Health
Systems, Inc. (the “Parent”), and its consolidated subsidiaries are referred to on a collective
basis as the “Company.” This drafting style is not meant to indicate that the publicly-traded
Parent or any subsidiary of the Parent owns or operates any asset, business, or property. The
hospitals, operations and businesses described in this filing are owned and operated, and
management services provided, by distinct and indirect subsidiaries of Community Health Systems,
Inc.
The unaudited condensed consolidated financial statements of Community Health Systems, Inc.
and its subsidiaries (the “Company”) as of March 31, 2011 and December 31, 2010 and for the
three-month periods ended March 31, 2011 and March 31, 2010, have been prepared in accordance with
accounting principles generally accepted in the United States of America (“U.S. GAAP”). In the
opinion of management, such information contains all adjustments, consisting only of normal
recurring adjustments, necessary for a fair presentation of the results for such periods. All
intercompany transactions and balances have been eliminated. The results of operations for the
three months ended March 31, 2011, are not necessarily indicative of the results to be expected for
the full fiscal year ending December 31, 2011. Certain information and disclosures normally
included in the notes to consolidated financial statements have been condensed or omitted as
permitted by the rules and regulations of the Securities and Exchange Commission (the “SEC”). The
Company believes the disclosures are adequate to make the information presented not misleading. The
accompanying unaudited condensed consolidated financial statements should be read in conjunction
with the consolidated financial statements and notes thereto for the year ended December 31, 2010,
contained in the Company’s Annual Report on Form 10-K.
Noncontrolling interests in less-than-wholly-owned consolidated subsidiaries of the parent are
presented as a component of total equity on the condensed consolidated balance sheets to
distinguish between the interests of the parent company and the interests of the noncontrolling
owners. Noncontrolling interests that are redeemable or may become redeemable at a fixed or
determinable price at the option of the holder or upon the occurrence of an event outside of the
control of the Company are presented in mezzanine equity on the condensed consolidated balance
sheets.
During the three months ended March 31, 2011, the Company sold a multi-specialty physician
clinic and made the decision to sell a hospital. Accordingly, as of March 31, 2011, this hospital
has been classified as held for sale. The condensed consolidated statement of income for the three
months ended March 31, 2010 has been restated to reclassify the results of operations for these
entities to discontinued operations. The condensed consolidated balance sheet as of December 31,
2010 has been restated to present the long-lived assets of the disposal group as held for sale for
comparative purposes with the March 31, 2011 presentation.
Throughout these notes to the condensed consolidated financial statements, Community Health
Systems, Inc. (the “Parent”), and its consolidated subsidiaries are referred to on a collective
basis as the “Company.” This drafting style is not meant to indicate that the publicly-traded
Parent or any subsidiary of the Parent owns or operates any asset, business, or property. The
hospitals, operations and businesses described in this filing are owned and operated, and
management services provided, by distinct and indirect subsidiaries of Community Health Systems,
Inc.
Free historical financial statements for Community Health Systems Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 52 quarters since 2011. Compare with CYH stock chart to see long term trends.
Data imported from Community Health Systems Inc SEC filings. Check original filings before making any investment decision.