Company: EHC
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000785161-25-000009
Chunk: 73

Company: Encompass Health Corp
Filing Date: 2025-02-28
Form: 10-K
Item: Item 16
Chunk 73
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,393.3 Other operating expenses785.2 709.3 665.6 Supplies239.0 218.3 202.1 Occupancy costs57.3 56.3 54.7 General and administrative expenses156.1 146.5 130.4 Net income attributable to noncontrolling interests148.2 113.2 93.6 Other segment items(1)(17.3)(13.6)(10.4)Adjusted EBITDA$1,103.7 $971.1 $819.3 (1)Includes interest income, investment gain or loss, and equity in net income of nonconsolidated affiliates.

F-44

Encompass Health Corporation and SubsidiariesNotes to Consolidated Financial Statements

Segment reconciliation (in millions):For the Year Ended December 31,202420232022Adjusted EBITDA$1,103.7 $971.1 $819.3 Stock-based compensation(48.3)(50.6)(29.2)Depreciation and amortization(299.6)(273.9)(243.6)Loss on disposal or impairment of assets(17.4)(9.8)(4.8)Loss on early extinguishment of debt(0.6)— (1.4)Interest expense and amortization of debt discounts and fees(137.4)(143.5)(175.7)Net income attributable to noncontrolling interests140.9 111.0 93.6 Change in fair market value of equity securities1.0 0.7 (7.4)Asset impairment impact on noncontrolling interests7.3 — — State regulatory change impact on noncontrolling interests— 2.2 — Income from continuing operations before income tax expense$749.6 $607.2 $450.8 Additional detail regarding the revenues of our operating segment by service line follows (in millions):For the Year Ended December 31,202420232022Net operating revenues:Inpatient$5,230.5 $4,693.8 $4,251.6 Outpatient and other142.7 107.4 97.0 Net operating revenues$5,373.2 $4,801.2 $4,348.6 

Equity in net income of consolidated affiliates and the Provision for income tax expense