ModivCare Inc.: 10-Q filed 2016-11-09

Name: ModivCare Inc.: 10-Q filed 2016-11-09
Creator: ModivCare Inc.

What ModivCare Inc. reported in its quarterly report filed 2016-11-09 (fiscal Q3 2016): 42 published measures, 110 facts as tagged in accession 0001437749-16-041470.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-11-09
Fiscal period: fiscal Q3 2016
Accession: 0001437749-16-041470 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All ModivCare Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2016-09-30	1,024,057,000	USD
At 2015-12-31	1,050,202,000	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2016-09-30	709,955,000	USD
At 2015-12-31	682,494,000	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2016-09-30	237,367,000	USD
At 2015-12-31	290,584,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2016-09-30	52,362,000	USD
At 2015-12-31	79,756,000	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	650,000	USD	92
2016-01-01 to 2016-09-30	7,508,000	USD	274
2015-07-01 to 2015-09-30	-5,571,000	USD	92
2015-01-01 to 2015-09-30	7,299,000	USD	273

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	44,981,000	USD	274
2015-01-01 to 2015-09-30	25,805,000	USD	273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	33,928,000	USD	274
2015-01-01 to 2015-09-30	23,834,000	USD	273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	412,512,000	USD	92
2016-01-01 to 2016-09-30	1,192,930,000	USD	274
2015-07-01 to 2015-09-30	379,568,000	USD	92
2015-01-01 to 2015-09-30	1,104,799,000	USD	273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	-31,945,000	USD	274
2015-01-01 to 2015-09-30	-16,753,000	USD	273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	-35,150,000	USD	274
2015-01-01 to 2015-09-30	-42,518,000	USD	273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2016-09-30	73,408,000	USD
At 2015-12-31	69,209,000	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	14,523,408	shares	92
2016-01-01 to 2016-09-30	14,823,757	shares	274
2015-07-01 to 2015-09-30	16,130,421	shares	92
2015-01-01 to 2015-09-30	16,068,455	shares	273

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	14,634,483	shares	92
2016-01-01 to 2016-09-30	14,943,024	shares	274
2015-07-01 to 2015-09-30	16,130,421	shares	92
2015-01-01 to 2015-09-30	16,068,455	shares	273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-0.05	USD/shares	92
2016-01-01 to 2016-09-30	0.25	USD/shares	274
2015-07-01 to 2015-09-30	-0.41	USD/shares	92
2015-01-01 to 2015-09-30	0.19	USD/shares	273

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-0.05	USD/shares	92
2016-01-01 to 2016-09-30	0.25	USD/shares	274
2015-07-01 to 2015-09-30	-0.41	USD/shares	92
2015-01-01 to 2015-09-30	0.19	USD/shares	273

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	4,543,000	USD	92
2016-01-01 to 2016-09-30	12,051,000	USD	274
2015-07-01 to 2015-09-30	2,495,000	USD	92
2015-01-01 to 2015-09-30	12,918,000	USD	273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2016-09-30	57,451,000	USD
At 2015-12-31	46,158,000	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	3,204,000	USD	274
2015-01-01 to 2015-09-30	8,822,000	USD	273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	9,793,000	USD	92
2016-01-01 to 2016-09-30	24,809,000	USD	274
2015-07-01 to 2015-09-30	2,582,000	USD	92
2015-01-01 to 2015-09-30	25,713,000	USD	273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2016-09-30	323,035,000	USD
At 2015-12-31	319,724,000	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2016-09-30	593,802,000	USD
At 2015-12-31	295,272,000	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2016-09-30	22,493,000	USD
At 2015-12-31	28,019,000	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2016-09-30	126,167,000	USD
At 2015-12-31	129,958,000	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2016-09-30	170,723,000	USD
At 2015-12-31	156,932,000	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	53,214,000	USD	274
2015-01-01 to 2015-09-30	738,000	USD	273

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	402,719,000	USD	92
2016-01-01 to 2016-09-30	1,168,121,000	USD	274
2015-07-01 to 2015-09-30	376,986,000	USD	92
2015-01-01 to 2015-09-30	1,079,086,000	USD	273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2016-09-30	17,313,862	shares
At 2015-12-31	17,186,780	shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2016-09-30	-27,971,000	USD
At 2015-12-31	-16,831,000	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2016-09-30	236,537,000	USD
At 2015-12-31	290,132,000	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2016-09-30	322,898,000	USD
At 2015-12-31	300,071,000	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2016-09-30	57,204,000	USD
At 2015-12-31	69,564,000	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2016-09-30	15,460,000	USD
At 2015-12-31	27,312,000	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2016-09-30	27,683,000	USD
At 2015-12-31	22,855,000	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2016-09-30	103,468,000	USD
At 2015-12-31	117,436,000	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2016-09-30	41,245,000	USD
At 2015-12-31	27,624,000	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	951,000	USD	92
2016-01-01 to 2016-09-30	7,075,000	USD	274
2015-07-01 to 2015-09-30	-5,410,000	USD	92
2015-01-01 to 2015-09-30	7,413,000	USD	273

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-2,123,000	USD	92
2016-01-01 to 2016-09-30	-3,687,000	USD	274
2015-07-01 to 2015-09-30	-11,860,000	USD	92
2015-01-01 to 2015-09-30	1,739,000	USD	273

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	-717,000	USD	92
2016-01-01 to 2016-09-30	3,697,000	USD	274
2015-07-01 to 2015-09-30	-6,687,000	USD	92
2015-01-01 to 2015-09-30	3,014,000	USD	273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	17,320,000	USD	92
2016-01-01 to 2016-09-30	52,548,000	USD	274
2015-07-01 to 2015-09-30	20,521,000	USD	92
2015-01-01 to 2015-09-30	56,998,000	USD	273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	17,039,000	USD	274
2015-01-01 to 2015-09-30	15,287,000	USD	273

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	-15,446,000	USD	274
2015-01-01 to 2015-09-30	-7,811,000	USD	273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	22,116,000	USD	274
2015-01-01 to 2015-09-30	87,823,000	USD	273

Inspect the source

Entity: ModivCare Inc. / CIK 0001220754
Captured: 2026-09-21T17:18:58.759Z
SEC response SHA-256: 88d82bcebc97df08f87926e909b012342528ba0654a5e94ff1c52e8e747c5e49

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001220754.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))