Air Methods (AIRM) 10-Q 5 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 29, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	AIR METHODS CORP
Entity Central Index Key	816,159
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		38,085,357
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 6,619	$ 5,808
Receivables:
Trade, net (note 4)	414,470	376,300
Refundable income taxes	8,217	2,674
Other	2,358	3,402
Total receivables	425,045	382,376
Inventories	48,790	46,377
Work-in-process on medical interiors and products contracts	3,776	4,024
Assets held for sale	7,179	16,369
Costs and estimated earnings in excess of billings on uncompleted contracts	2,136	961
Refundable deposits	649	7,594
Prepaid expenses and other (note 6)	10,619	9,850
Total current assets	504,813	473,359
Property and equipment:
Land	251	251
Flight and ground support equipment	933,292	835,380
Aircraft under capital leases	153,481	168,725
Aircraft rotable spare parts	35,598	34,688
Buildings and office equipment	67,311	62,503
Property and equipment, gross	1,189,933	1,101,547
Less accumulated depreciation and amortization	(322,983)	(301,891)
Net property and equipment	866,950	799,656
Goodwill (note 2)	210,147	127,732
Intangible assets, net of accumulated amortization of $33,776 and $28,093 at June 30, 2016 and December 31, 2015, respectively	197,530	129,899
Other assets	28,212	21,062
Total assets	1,807,652	1,551,708
Current liabilities:
Notes payable		2,955
Current installments of long-term debt	51,772	37,897
Current installments of obligations under capital leases	18,415	20,407
Accounts payable	29,988	30,912
Deferred revenue	4,279	2,294
Billings in excess of costs and estimated earnings on uncompleted contracts	1,627	1,250
Accrued wages and compensated absences	33,425	19,419
Due to third party payers	12,759	12,292
Other accrued liabilities	13,375	21,044
Total current liabilities	165,640	148,470
Long-term debt, less current installments	808,254	567,226
Obligations under capital leases, less current installments	57,143	68,389
Deferred income taxes	179,908	172,905
Other liabilities	10,440	12,293
Total liabilities	1,221,385	969,283
Redeemable non-controlling interests	155	8,550
Stockholders' equity (note 3):
Preferred stock, $1 par value. Authorized 15,000,000 shares, none issued
Common stock, $.06 par value. Authorized 70,500,000 shares; issued 39,610,138 and 39,511,350 shares at June 30, 2016 and December 31, 2015, respectively; outstanding 38,072,190 and 39,003,026 shares at June 30, 2016 and December 31, 2015, respectively	2,355	2,353
Additional paid-in capital	132,788	128,767
Treasury stock at cost, 1,356,720 and 320,988 shares at June 30, 2016, and December 31, 2015, respectively	(51,745)	(13,457)
Retained earnings	504,018	457,529
Accumulated other comprehensive loss	(1,304)	(1,317)
Total stockholders' equity	586,112	573,875
Total liabilities and stockholders' equity	$ 1,807,652	$ 1,551,708

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Intangible assets, accumulated amortization (in dollars)	$ 33,776	$ 28,093
Stockholders' Equity Attributable to Parent [Abstract]
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized	15,000,000	15,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.06	$ 0.06
Common stock, shares authorized	70,500,000	70,500,000
Common stock, shares issued	39,610,138	39,511,350
Common stock, shares outstanding	38,072,190	39,003,026
Treasury stock, shares	1,356,720	320,988

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenue:
Patient transport revenue, net of provision for contractual discounts (note 4)	$ 412,172	$ 334,380	$ 791,001	$ 599,719
Provision for uncompensated care (note 4)	(196,862)	(152,120)	(377,859)	(255,643)
Patient transport revenue, net	215,310	182,260	413,142	344,076
Air medical services contract revenue	34,175	38,775	67,819	79,414
Tourism and charter revenue	32,234	34,444	59,461	62,665
Medical interiors and products revenue	7,406	4,450	14,363	8,587
Transfer center, dispatch, and billing service revenue	3,447	3,673	7,185	7,159
Total revenue	292,572	263,602	561,970	501,901
Operating expenses:
Flight centers	109,439	98,619	215,510	192,411
Aircraft operations (note 6)	34,772	31,229	66,684	68,569
Tourism operating expenses	22,146	23,092	41,230	42,943
Cost of medical interiors and products sold	6,365	3,529	12,345	6,730
Cost of transfer center, dispatch, and billing services	4,111	3,090	7,818	5,911
Depreciation and amortization	23,499	21,154	46,065	41,198
Loss on disposition of assets, net	508	531	178	269
General and administrative	39,992	33,622	79,384	69,347
Operating expense	240,832	214,866	469,214	427,378
Operating income	51,740	48,736	92,756	74,523
Other income (expense):
Interest expense	(7,908)	(5,163)	(15,708)	(10,148)
Other, net	464	1,172	774	1,536
Income from continuing operations before income taxes	44,296	44,745	77,822	65,911
Income tax expense	(17,315)	(17,339)	(30,417)	(25,629)
Income from continuing operations	26,981	27,406	47,405	40,282
Loss on discontinued operations, net of income taxes (note 2)		(340)		(349)
Net income	26,981	27,066	47,405	39,933
Less net income (loss) attributable to redeemable non-controlling interests	(1)	243	(30)	482
Net income attributable to Air Methods Corporation and subsidiaries	26,982	26,823	47,435	39,451
Other comprehensive income (loss), net of income taxes:
Foreign currency translation adjustments	(57)	(85)	13	(460)
Comprehensive income	$ 26,925	$ 26,738	$ 47,448	$ 38,991
Basic:
Continuing operations (in dollars per share)	$ 0.70	$ 0.69	$ 1.21	$ 1.01
Discontinued operations (in dollars per share)		(0.01)		(0.01)
Net income (in dollars per share)	0.70	0.68	1.21	1
Diluted:
Continuing operations (in dollars per share)	0.70	0.69	1.20	1.01
Discontinued operations (in dollars per share)		(0.01)		(0.01)
Net income (in dollars per share)	$ 0.70	$ 0.68	$ 1.20	$ 1
Weighted average number of common shares outstanding - basic (in shares)	38,396,241	39,272,325	38,600,029	39,267,222
Weighted average number of common shares outstanding - diluted (in shares)	38,461,238	39,405,889	38,664,976	39,400,193

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income	$ 47,405	$ 39,933
Loss from discontinued operations, net of income taxes		349
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	46,065	41,198
Deferred income tax expense	7,003	2,491
Stock-based compensation	3,140	3,604
Loss on disposition of assets, net	178	269
Unrealized loss (gain) on derivative instrument	(970)	256
Loss from equity method investee	264	353
Changes in assets and liabilities, net of effects of acquisitions:
Decrease in prepaid expenses and other current assets	7,833	502
Increase in receivables	(13,941)	(1,605)
Decrease in inventories	372	1,192
Increase in costs in excess of billings	(1,175)	(946)
Increase (decrease) in accounts payable, other accrued liabilities, and other liabilities	(6,197)	19,492
Increase in deferred revenue and billings in excess of costs	2,362	1,298
Net cash provided by continuing operating activities	92,339	108,386
Net cash used by discontinued operating activities		(47)
Net cash provided by operating activities	92,339	108,339
Cash flows from investing activities:
Acquisition of subsidiaries, net of cash acquired	(225,519)
Acquisition of property and equipment	(57,675)	(48,355)
Acquisition of hospital program		(43,481)
Buy-out of previously leased aircraft	(10,529)	(7,569)
Proceeds from disposition and sale of equipment and assets held for sale	5,189	2,664
Increase in other assets	(6,542)	(10,741)
Net cash used by continuing investing activities	(295,076)	(107,482)
Net cash provided by discontinued investing activities		25
Net cash used in investing activities	(295,076)	(107,457)
Cash flows from financing activities:
Proceeds from issuance of common stock, net	803	408
Purchases of common stock	(38,288)
Borrowings under line of credit	48,000	35,000
Payments under line of credit	(40,000)	(35,000)
Payments for financing costs	(68)	(54)
Proceeds from long-term debt	271,792	55,321
Payments of long-term debt	(25,453)	(24,021)
Payments of capital lease obligations	(13,238)	(16,840)
Net cash provided by continuing financing activities	203,548	14,814
Net cash provided (used) by discontinued financing activities
Net cash provided by financing activities	203,548	14,814
Increase in cash and cash equivalents	811	15,696
Cash and cash equivalents at beginning of period	5,808	13,165
Cash and cash equivalents at end of period	6,619	28,861
Interest paid in cash during the period	15,068	9,799
Income taxes paid in cash during the period	$ 29,652	$ 3,129

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (Parentheticals) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Non-cash investing and financing activities:
Entered into notes payable to finance the purchase of aircraft		$ 16,314
Entered into capital leases to finance the purchase of equipment		278
Settlement of notes payable in exchange for the aircraft securing the debt	$ 2,955	$ 11,442

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Basis of Presentation [Abstract]
Basis of Presentation	(1) Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and instructions to Form 10-Q and Regulation S-X. Accordingly, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting of only normal recurring accruals) necessary to present fairly the condensed consolidated financial statements for the respective periods. Interim results are not necessarily indicative of results for a full year. The condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto for the year ended December 31, 2015. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The Company considers its critical accounting policies involving more significant judgments and estimates to be those related to revenue recognition, deferred income taxes, valuation of long-lived assets, and fair values of assets acquired and liabilities assumed in business combinations. Actual results could differ from those estimates.

Acquisition of Subsidiaries

Acquisition of Subsidiaries	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Acquisition of Subsidiaries	(2) Acquisition of Subsidiaries Tri-State Care Flight, LLC On January 19, 2016, the Company acquired 100% of the membership interest of Tri-State Care Flight, LLC (TSCF), for a cash purchase price of $222.5 million plus an initial estimated working capital adjustment of $11.2 million. The purchase price was subject to adjustment based on final working capital, as defined in the purchase agreement, as of the closing date. As of March 31, 2016, the Company recorded a receivable of $811,000 for the decrease to the purchase price related to the change in working capital, and the amount was received in the second quarter of 2016. The purchase price was financed primarily through additional term loans and draws against the line of credit under the Company’s senior credit facility. TSCF provided air medical transport services in the southwestern United States under the community-based service delivery model, utilizing a fleet of 22 helicopters and five fixed-wing aircraft. The acquisition is expected to further strengthen the Company’s position as a leader in air medical transport services in the United States and to result in certain operating efficiencies. The Company is in the process of reviewing airworthiness and other documentation for TSCF’s aircraft spare parts inventory, verifying open repair orders with aircraft parts vendors, and confirming other liabilities relating to pre-acquisition events. In addition, the Company is analyzing the payer mix and historical collection data related to patient transport receivables as of the acquisition date. Fair value and estimated useful lives of identifiable intangible assets are based on preliminary estimates and are subject to review and finalization by the Company’s management. For the reasons described in the foregoing paragraph, the allocation of the purchase price is still subject to refinement. The initial allocation of the purchase price was as follows (amounts in thousands): Allocation at Adjustments Revised Assets purchased: Receivables $ 30,695 (1,909 ) 28,786 Aircraft 30,501 30,501 Goodwill 80,690 1,742 82,432 Other intangible assets 74,000 74,000 Other assets 26,845 3 26,848 Total assets 242,731 (164 ) 242,567 Total liabilities assumed (9,864 ) 164 (9,700 ) Purchase price $ 232,867 — 232,867 Net revenue and income (loss) before income taxes and allocation of corporate administrative expenses generated by TSCF’s operations since the acquisition date have been included with those of the Company in the consolidated statements of comprehensive income as follows (amounts in thousands): Three months ended Six months ended Net revenue $ 11,162 26,436 Income (loss) before income taxes and corporate administrative expense allocation (3,214 ) 1,177 Operating results shown above for TSCF do not include the effect of patient transports retained at base locations where a TSCF base was consolidated into a previously existing Company base. The following unaudited pro forma information presents combined financial results for the Company and TSCF for the three and six months ended June 30, 2015, assuming the acquisition occurred as of January 1, 2015 (amounts in thousands, except per share amounts): Three months ended Six months ended Revenue $ 284,789 544,889 Net income attributable to Air Methods Corporation and subsidiaries $ 30,670 47,684 Basic income per common share $ .78 1.21 Diluted income per common share $ .78 1.21 The above unaudited pro forma financial information is presented for informational purposes only and does not necessarily represent what the Company’s results of operations would have been had the acquisition occurred on the date assumed, nor is the information indicative of results that may be expected in future periods. Pro forma adjustments exclude cost savings from synergies that may result from the acquisition. Blue Hawaiian Helicopters In the third quarter of 2015, the Company’s partners exercised their right to require the Company to acquire their 10% ownership interest in Blue Hawaiian Holdings, LLC. During the first and second quarters of 2016, the Company completed the buyout for $9,173,000.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity [Abstract]
Stockholders' Equity	(3) Stockholders’ Equity Changes in stockholders’ equity for the six months ended June 30, 2016, consisted of the following (amounts in thousands except share amounts): Shares Outstanding Amount Balances at January 1, 2016 39,003,026 $ 573,875 Issuance of common shares for options exercised 45,360 803 Stock-based compensation 59,536 3,140 Purchase of treasury shares (1,035,732 ) (38,288 ) Adjustments to redeemable non-controlling interests — (866 ) Other comprehensive income — 13 Net income attributable to Air Methods Corporation and subsidiaries — 47,435 Balances at June 30, 2016 38,072,190 $ 586,112

Patient Transport Revenue Recog

Patient Transport Revenue Recognition	6 Months Ended
	Jun. 30, 2016
Patient Transport Revenue Recognition [Abstract]
Patient Transport Revenue Recognition	(4) Patient Transport Revenue Recognition Trade receivables are presented net of allowances for contractual discounts and uncompensated care. The Company determines its allowances for contractual discounts and uncompensated care based on estimated payer mix, payer reimbursement schedules, and historical collection experience. The allowances are reviewed monthly and adjusted periodically based on actual collections. Billings are charged off against the uncompensated care allowance when it is probable that the receivable will not be recovered. The allowance for contractual discounts is related primarily to Medicare, Medicaid, and other government-sponsored insurance plan patients. The allowance for uncompensated care is related primarily to receivables recorded for self-pay patients. Historically, the Company’s allowance and provision for contractual discounts were calculated based entirely on Medicare and Medicaid patient transports. The Company determined that uncollectible amounts related to other government-sponsored insurance plans and to private insurance carriers with whom the Company has established a contractual relationship should have been categorized as contractual discounts rather than as uncompensated care in prior periods. Effective in the fourth quarter of 2015, the Company presented these uncollectible amounts as contractual discounts and corrected the presentation in prior periods. As a result, the Company increased the provision for contractual discounts and correspondingly decreased the provision for uncompensated care by $21,227,000 and $46,924,000 for the quarter and six months ended June 30, 2015. The Company has not changed its charitable care policies related to self-pay patients or deductible and copayment balances for insured patients during either 2016 or 2015. The allowance for uncompensated care was 49.8% of receivables from non-contract payers as of June 30, 2016, compared to 42.0% at December 31, 2015, and 51.7% at June 30, 2015. The Company recognizes patient transport revenue at its standard rates for services provided, regardless of expected payer. In the period that services are provided and based upon historical experience, the Company records a significant provision for uncompensated care related to uninsured patients who will be unable or unwilling to pay for the services provided and a provision for contractual discounts related to Medicare, Medicaid, and other transports covered by contracts. Patient transport revenue, net of provision for contractual discounts but before provision for uncompensated care, by major payer class, was as follows (amounts in thousands): For quarter ended June 30, For six months ended June 30, 2016 2015 2016 2015 Third-party payers $ 318,190 266,116 609,145 463,965 Self-pay 93,982 68,264 181,856 135,754 Total $ 412,172 334,380 791,001 599,719

Income per Share

Income per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Income per Share	(5) Income per Share Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income by all common shares outstanding during the period and dilutive potential common shares. In accordance with FASB ASC 480-10-S99, Distinguishing Liabilities from Equity, The reconciliation of basic to diluted weighted average common shares outstanding is as follows: 2016 2015 For quarter ended June 30: Weighted average number of common shares outstanding – basic 38,396,241 39,272,325 Dilutive effect of: Common stock options 1,996 35,491 Unvested restricted stock 61,054 98,073 Unvested performance share units 1,947 — Weighted average number of common shares outstanding – diluted 38,461,238 39,405,889 For six months ended June 30: Weighted average number of common shares outstanding – basic 38,600,029 39,267,222 Dilutive effect of: Common stock options 7,284 39,226 Unvested restricted stock 57,243 93,745 Unvested performance share units 420 — Weighted average number of common shares outstanding – diluted 38,664,976 39,400,193 Common stock options totaling 957,000 were not included in the diluted shares outstanding for the quarter and six months ended June 30, 2016, because their effect would have been anti-dilutive. Common stock options totaling 584,832 and 574,832 were not included in the diluted shares outstanding for the quarter and six months ended June 30, 2015, respectively, because their effect would have been anti-dilutive.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2016
Fair Value of Financial Instruments [Abstract]
Fair Value of Financial Instruments	(6) Fair Value of Financial Instruments ASC Topic 820, “ Fair Value Measurements and Disclosures,” Level 1: quoted prices in active markets for identical assets or liabilities; Level 2: quoted prices in active markets for similar assets and liabilities and inputs that are observable for the asset or liability; or Level 3: unobservable inputs, such as discounted cash flow models or valuations. The following methods and assumptions were used to estimate the fair value of each class of financial instruments: Cash and cash equivalents, accounts receivable, notes receivable, notes payable, accounts payable, and accrued liabilities: The carrying amounts approximate fair value because of the short maturity of these instruments. Derivative instruments: The Company endeavors to acquire jet fuel at the lowest possible cost and to reduce volatility in operating expenses through the use of short-term purchased call options. Financial derivative instruments covering fuel purchases are included in prepaid expenses and other current assets at fair value. Fair value is determined based on quoted prices in active markets for similar instruments and is classified as Level 2 in the fair value hierarchy. The fair value of all fuel derivative instruments included in prepaid expenses and other current assets was $1,552,000 at June 30, 2016 and $0 at December 31, 2015. The Company’s financial derivatives do not qualify for hedge accounting, and, therefore, realized and non-cash mark to market adjustments are included in aircraft operations expense in the Company’s statements of comprehensive income. Aircraft operations expense included non-cash mark to market derivative gains of $821,000 and $970,000 for the quarter and six months ended June 30, 2016, respectively, compared to non-cash mark to market losses of $108,000 and $256,000 for the quarter and six months ended June 30, 2015, respectively. Cash settlements totaled $97,000 in the quarter and six months ended June 30, 2016. There were no cash settlements in 2015. Long-term debt: The fair value of long-term debt is classified as Level 3 in the fair value hierarchy because it is determined based on the present value of future contractual cash flows discounted at an interest rate that reflects the risks inherent in those cash flows. Based on the borrowing rates currently available to the Company for loans with similar terms and average maturities and on recent transactions, the fair value of long-term debt as of June 30, 2016, is estimated to be $879,418,000, compared to carrying value of $860,026,000. The fair value of long-term debt as of December 31, 2015, was estimated to be $612,264,000, compared to carrying value of $605,123,000.

Business Segment Information

Business Segment Information	6 Months Ended
	Jun. 30, 2016
Business Segment Information [Abstract]
Business Segment Information	(7) Business Segment Information Summarized financial information for the Company’s operating segments is shown in the following table (amounts in thousands). Amounts in the “Corporate Activities” column represent corporate headquarters expenses, corporate income tax expense, and results of insignificant operations. The Company does not allocate assets between all operating segments for internal reporting and performance evaluation purposes. Operating segments and their principal products or services are as follows: · Air Medical Services (AMS) - provides air medical transportation services to the general population as an independent service and to hospitals or other institutions under exclusive operating agreements. Services include aircraft operation and maintenance, medical care, dispatch and communications, and medical billing and collection. · Tourism – provides helicopter tours and charter flights, primarily focusing on Grand Canyon and Hawaiian Island tours. · United Rotorcraft (UR) Division - designs, manufactures, and installs aircraft medical interiors and other aerospace and medical transport products for domestic and international customers. For quarter ended June 30: AMS Tourism UR Corporate Intersegment Consolidated 2016 External revenue $ 252,939 32,215 7,418 — — 292,572 Intersegment revenue — — 3,705 — (3,705 ) — Total revenue 252,939 32,215 11,123 — (3,705 ) 292,572 Operating expenses, excluding depreciation & amortization (171,805 ) (26,894 ) (9,639 ) (12,080 ) 3,085 (217,333 ) Depreciation & amortization (19,741 ) (2,315 ) (848 ) (595 ) — (23,499 ) Interest expense (6,460 ) (1,046 ) — (406 ) 4 (7,908 ) Other income, net 421 17 — 30 (4 ) 464 Income tax expense — — — (17,315 ) — (17,315 ) Segment net income (loss) 55,354 1,977 636 (30,366 ) (620 ) 26,981 Less net loss attributable to non-controlling interests (1 ) — — — — (1 ) Net income (loss) attributable to Air Methods Corporation and subsidiaries $ 55,355 1,977 636 (30,366 ) (620 ) 26,982 2015 External revenue $ 224,708 34,444 4,449 1 — 263,602 Intersegment revenue — — 4,753 — (4,753 ) — Total revenue 224,708 34,444 9,202 1 (4,753 ) 263,602 Operating expenses, excluding depreciation & amortization (152,269 ) (27,421 ) (8,418 ) (10,177 ) 4,573 (193,712 ) Depreciation & amortization (17,682 ) (1,962 ) (907 ) (603 ) — (21,154 ) Interest expense (3,750 ) (874 ) — (541 ) 2 (5,163 ) Other income, net 1,254 2 — (82 ) (2 ) 1,172 Income tax expense — — — (17,339 ) — (17,339 ) Income (loss) from continuing operations 52,261 4,189 (123 ) (28,741 ) (180 ) 27,406 Loss on discontinued operations, net of tax (340 ) — — — — (340 ) Segment net income (loss) 51,921 4,189 (123 ) (28,741 ) (180 ) 27,066 Less net income (loss) attributable to non-controlling interests (22 ) 265 — — — 243 Net income (loss) attributable to Air Methods Corporation and subsidiaries $ 51,943 3,924 (123 ) (28,741 ) (180 ) 26,823 For six months ended June 30: AMS Tourism UR Corporate Intersegment Consolidated 2016 External revenue $ 488,154 59,461 14,355 — — 561,970 Intersegment revenue — — 9,076 — (9,076 ) — Total revenue 488,154 59,461 23,431 — (9,076 ) 561,970 Operating expenses, excluding depreciation & amortization (335,515 ) (50,315 ) (20,581 ) (24,446 ) 7,708 (423,149 ) Depreciation & amortization (38,565 ) (4,581 ) (1,745 ) (1,174 ) — (46,065 ) Interest expense (12,602 ) (2,115 ) — (999 ) 8 (15,708 ) Other income, net 936 34 — (188 ) (8 ) 774 Income tax expense — — — (30,417 ) — (30,417 ) Segment net income (loss) 102,408 2,484 1,105 (57,224 ) (1,368 ) 47,405 Less net loss attributable to non-controlling interests (30 ) — — — — (30 ) Net income (loss) attributable to Air Methods Corporation and subsidiaries $ 102,438 2,484 1,105 (57,224 ) (1,368 ) 47,435 2015 External revenue $ 430,649 62,665 8,583 4 — 501,901 Intersegment revenue — — 13,120 — (13,120 ) — Total revenue 430,649 62,665 21,703 4 (13,120 ) 501,901 Operating expenses, excluding depreciation & amortization (306,293 ) (51,936 ) (19,134 ) (20,991 ) 12,174 (386,180 ) Depreciation & amortization (34,614 ) (3,789 ) (1,656 ) (1,139 ) — (41,198 ) Interest expense (7,422 ) (1,656 ) — (1,074 ) 4 (10,148 ) Other income, net 1,815 3 — (278 ) (4 ) 1,536 Income tax expense — — — (25,629 ) — (25,629 ) Income (loss) from continuing operations 84,135 5,287 913 (49,107 ) (946 ) 40,282 Loss on discontinued operations, net of tax (349 ) — — — — (349 ) Segment net income (loss) 83,786 5,287 913 (49,107 ) (946 ) 39,933 Less net income (loss) attributable to non-controlling interests (60 ) 542 — — — 482 Net income (loss) attributable to Air Methods Corporation and subsidiaries $ 83,846 4,745 913 (49,107 ) (946 ) 39,451

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Jun. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements	(8) New Accounting Pronouncements In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting Effective January 1, 2016, the Company adopted ASU No. 2015-03, Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs In February 2016, the FASB issued ASU No. 2016-02, Leases In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers

Summary of significant accounti

Summary of significant accounting policies (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and instructions to Form 10-Q and Regulation S-X. Accordingly, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting of only normal recurring accruals) necessary to present fairly the condensed consolidated financial statements for the respective periods. Interim results are not necessarily indicative of results for a full year. The condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto for the year ended December 31, 2015. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The Company considers its critical accounting policies involving more significant judgments and estimates to be those related to revenue recognition, deferred income taxes, valuation of long-lived assets, and fair values of assets acquired and liabilities assumed in business combinations. Actual results could differ from those estimates.
New Accounting Pronouncements	New Accounting Pronouncements In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting Effective January 1, 2016, the Company adopted ASU No. 2015-03, Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs In February 2016, the FASB issued ASU No. 2016-02, Leases In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers

Acquisition of Subsidiaries (Ta

Acquisition of Subsidiaries (Tables)	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Schedule of purchase price allocation	Allocation at Adjustments Revised Assets purchased: Receivables $ 30,695 (1,909 ) 28,786 Aircraft 30,501 30,501 Goodwill 80,690 1,742 82,432 Other intangible assets 74,000 74,000 Other assets 26,845 3 26,848 Total assets 242,731 (164 ) 242,567 Total liabilities assumed (9,864 ) 164 (9,700 ) Purchase price $ 232,867 — 232,867
Schedule of net revenue and income before income taxes and allocation of corporate administrative expenses since the acquisition date	Three months ended Six months ended Net revenue $ 11,162 26,436 Income (loss) before income taxes and corporate administrative expense allocation (3,214 ) 1,177
Schedule of pro forma information	Three months ended Six months ended Revenue $ 284,789 544,889 Net income attributable to Air Methods Corporation and subsidiaries $ 30,670 47,684 Basic income per common share $ .78 1.21 Diluted income per common share $ .78 1.21

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity [Abstract]
Schedule of changes in stockholders' equity	Shares Outstanding Amount Balances at January 1, 2016 39,003,026 $ 573,875 Issuance of common shares for options exercised 45,360 803 Stock-based compensation 59,536 3,140 Purchase of treasury shares (1,035,732 ) (38,288 ) Adjustments to redeemable non-controlling interests — (866 ) Other comprehensive income — 13 Net income attributable to Air Methods Corporation and subsidiaries — 47,435 Balances at June 30, 2016 38,072,190 $ 586,112

Patient Transport Revenue Rec18

Patient Transport Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2016
Patient Transport Revenue Recognition [Abstract]
Schedule of patient transport revenue, net of provision for contractual discounts, before provision for uncompensated care, by major payer class	For quarter ended June 30, For six months ended June 30, 2016 2015 2016 2015 Third-party payers $ 318,190 266,116 609,145 463,965 Self-pay 93,982 68,264 181,856 135,754 Total $ 412,172 334,380 791,001 599,719

Income per Share (Tables)

Income per Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of reconciliation of basic to diluted weighted average common shares outstanding	2016 2015 For quarter ended June 30: Weighted average number of common shares outstanding – basic 38,396,241 39,272,325 Dilutive effect of: Common stock options 1,996 35,491 Unvested restricted stock 61,054 98,073 Unvested performance share units 1,947 — Weighted average number of common shares outstanding – diluted 38,461,238 39,405,889 For six months ended June 30: Weighted average number of common shares outstanding – basic 38,600,029 39,267,222 Dilutive effect of: Common stock options 7,284 39,226 Unvested restricted stock 57,243 93,745 Unvested performance share units 420 — Weighted average number of common shares outstanding – diluted 38,664,976 39,400,193

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Jun. 30, 2016
Business Segment Information [Abstract]
Schedule of summarized financial information for operating segments	For quarter ended June 30: AMS Tourism UR Corporate Intersegment Consolidated 2016 External revenue $ 252,939 32,215 7,418 — — 292,572 Intersegment revenue — — 3,705 — (3,705 ) — Total revenue 252,939 32,215 11,123 — (3,705 ) 292,572 Operating expenses, excluding depreciation & amortization (171,805 ) (26,894 ) (9,639 ) (12,080 ) 3,085 (217,333 ) Depreciation & amortization (19,741 ) (2,315 ) (848 ) (595 ) — (23,499 ) Interest expense (6,460 ) (1,046 ) — (406 ) 4 (7,908 ) Other income, net 421 17 — 30 (4 ) 464 Income tax expense — — — (17,315 ) — (17,315 ) Segment net income (loss) 55,354 1,977 636 (30,366 ) (620 ) 26,981 Less net loss attributable to non-controlling interests (1 ) — — — — (1 ) Net income (loss) attributable to Air Methods Corporation and subsidiaries $ 55,355 1,977 636 (30,366 ) (620 ) 26,982 2015 External revenue $ 224,708 34,444 4,449 1 — 263,602 Intersegment revenue — — 4,753 — (4,753 ) — Total revenue 224,708 34,444 9,202 1 (4,753 ) 263,602 Operating expenses, excluding depreciation & amortization (152,269 ) (27,421 ) (8,418 ) (10,177 ) 4,573 (193,712 ) Depreciation & amortization (17,682 ) (1,962 ) (907 ) (603 ) — (21,154 ) Interest expense (3,750 ) (874 ) — (541 ) 2 (5,163 ) Other income, net 1,254 2 — (82 ) (2 ) 1,172 Income tax expense — — — (17,339 ) — (17,339 ) Income (loss) from continuing operations 52,261 4,189 (123 ) (28,741 ) (180 ) 27,406 Loss on discontinued operations, net of tax (340 ) — — — — (340 ) Segment net income (loss) 51,921 4,189 (123 ) (28,741 ) (180 ) 27,066 Less net income (loss) attributable to non-controlling interests (22 ) 265 — — — 243 Net income (loss) attributable to Air Methods Corporation and subsidiaries $ 51,943 3,924 (123 ) (28,741 ) (180 ) 26,823 For six months ended June 30: AMS Tourism UR Corporate Intersegment Consolidated 2016 External revenue $ 488,154 59,461 14,355 — — 561,970 Intersegment revenue — — 9,076 — (9,076 ) — Total revenue 488,154 59,461 23,431 — (9,076 ) 561,970 Operating expenses, excluding depreciation & amortization (335,515 ) (50,315 ) (20,581 ) (24,446 ) 7,708 (423,149 ) Depreciation & amortization (38,565 ) (4,581 ) (1,745 ) (1,174 ) — (46,065 ) Interest expense (12,602 ) (2,115 ) — (999 ) 8 (15,708 ) Other income, net 936 34 — (188 ) (8 ) 774 Income tax expense — — — (30,417 ) — (30,417 ) Segment net income (loss) 102,408 2,484 1,105 (57,224 ) (1,368 ) 47,405 Less net loss attributable to non-controlling interests (30 ) — — — — (30 ) Net income (loss) attributable to Air Methods Corporation and subsidiaries $ 102,438 2,484 1,105 (57,224 ) (1,368 ) 47,435 2015 External revenue $ 430,649 62,665 8,583 4 — 501,901 Intersegment revenue — — 13,120 — (13,120 ) — Total revenue 430,649 62,665 21,703 4 (13,120 ) 501,901 Operating expenses, excluding depreciation & amortization (306,293 ) (51,936 ) (19,134 ) (20,991 ) 12,174 (386,180 ) Depreciation & amortization (34,614 ) (3,789 ) (1,656 ) (1,139 ) — (41,198 ) Interest expense (7,422 ) (1,656 ) — (1,074 ) 4 (10,148 ) Other income, net 1,815 3 — (278 ) (4 ) 1,536 Income tax expense — — — (25,629 ) — (25,629 ) Income (loss) from continuing operations 84,135 5,287 913 (49,107 ) (946 ) 40,282 Loss on discontinued operations, net of tax (349 ) — — — — (349 ) Segment net income (loss) 83,786 5,287 913 (49,107 ) (946 ) 39,933 Less net income (loss) attributable to non-controlling interests (60 ) 542 — — — 482 Net income (loss) attributable to Air Methods Corporation and subsidiaries $ 83,846 4,745 913 (49,107 ) (946 ) 39,451

Acquisition of Subsidiaries (De

Acquisition of Subsidiaries (Details) - USD ($)	1 Months Ended	3 Months Ended
	Jan. 19, 2016	Jun. 30, 2016	Mar. 31, 2016	Sep. 30, 2015
Business Acquisition [Line Items]
Estimate of decrease to purchase price for adjustments			$ 811,000
Blue Hawaiian Holdings, LLC
Business Acquisition [Line Items]
Cash purchase price		$ 9,173,000	$ 9,173,000
Ownership interest acquired by partners				10.00%
Tri-State Care Flight, LLC
Business Acquisition [Line Items]
Ownership interest acquired	100.00%
Cash purchase price	$ 222,500,000
Estimated working capital adjustment	$ 11,200,000

Acquisition of Subsidiaries (22

Acquisition of Subsidiaries (Details 1) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Assets purchased:
Goodwill	$ 210,147		$ 127,732
Tri-State Care Flight, LLC
Assets purchased:
Receivables	28,786
Aircraft	30,501
Goodwill	82,432
Other intangible assets	74,000
Other assets	26,848
Total assets	242,567
Total liabilities assumed	(9,700)
Purchase price	232,867
Tri-State Care Flight, LLC | Previously Reported
Assets purchased:
Receivables		$ 30,695
Aircraft		30,501
Goodwill		80,690
Other intangible assets		74,000
Other assets		26,845
Total assets		242,731
Total liabilities assumed		(9,864)
Purchase price		$ 232,867
Tri-State Care Flight, LLC | Adjustments
Adjustments
Receivables	(1,909)
Goodwill	1,742
Other assets	3
Total assets	(164)
Total liabilities assumed	164
Purchase price

Acquisition of Subsidiaries (23

Acquisition of Subsidiaries (Details 2) - Tri-State Care Flight, LLC - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Business Acquisition [Line Items]
Net revenue	$ 11,162	$ 26,436
Income (loss) before income taxes and corporate administrative expense allocation	$ (3,214)	$ 1,177

Acquisition of Subsidiaries (24

Acquisition of Subsidiaries (Details 3) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015
Business Combinations [Abstract]
Revenue	$ 284,789	$ 544,889
Net income attributable to Air Methods Corporation and subsidiaries	$ 30,670	$ 47,684
Basic income per common share (in dollars per share)	$ 0.78	$ 1.21
Diluted income per common share (in dollars per share)	$ 0.78	$ 1.21

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balances at January 1, 2016			$ 573,875
Balances at January 1, 2016 (in shares)			39,003,026
Issuance of common shares for options exercised			$ 803
Issuance of common shares for options exercised (in shares)			45,360
Stock-based compensation			$ 3,140
Stock-based compensation (in shares)			59,536
Purchase of treasury shares			$ (38,288)
Purchase of treasury shares (in shares)			(1,035,732)
Adjustments to redeemable non-controlling interests		$ (51)	$ (866)	$ (118)
Other comprehensive income			13
Net income attributable to Air Methods Corporation and subsidiaries	$ 26,982	$ 26,823	47,435	$ 39,451
Balances at June 30, 2016	$ 586,112		$ 586,112
Balances at June 30, 2016 (in shares)	38,072,190		38,072,190

Patient Transport Revenue Rec26

Patient Transport Revenue Recognition (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Revenue from External Customer [Line Items]
Adjustment to provision for contractual discounts		$ 21,227,000		$ 46,924,000
Adjustment to provision for uncompensated care		$ (21,227,000)		$ (46,924,000)
Allowance for uncompensated care as a percentage of receivables from all non-contract payers (in hundredths)	49.80%	51.70%	49.80%	51.70%	42.00%
Patient transport revenue, net of provision for contractual discounts	$ 412,172,000	$ 334,380,000	$ 791,001,000	$ 599,719,000
Third-party payers
Revenue from External Customer [Line Items]
Patient transport revenue, net of provision for contractual discounts	318,190,000	266,116,000	609,145,000	463,965,000
Self-pay
Revenue from External Customer [Line Items]
Patient transport revenue, net of provision for contractual discounts	$ 93,982,000	$ 68,264,000	$ 181,856,000	$ 135,754,000

Income per Share (Details)

Income per Share (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Increase (decrease) in net income due to adjustments to redeemable non-controlling interest		$ (51)	$ (866)	$ (118)
Reconciliation of basic to diluted weighted average common shares outstanding
Weighted average number of common shares outstanding - basic (in shares)	38,396,241	39,272,325	38,600,029	39,267,222
Dilutive effect of:
Common stock options (in shares)	1,996	35,491	7,284	39,226
Unvested restricted stock and restricted stock units (in shares)	61,054	98,073	57,243	93,745
Unvested performance share units (in shares)	1,947		420
Weighted average number of common shares outstanding - diluted (in shares)	38,461,238	39,405,889	38,664,976	39,400,193
Common stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted income per share (in shares)	957,000	584,832	957,000	574,832

Fair Value of Financial Instr28

Fair Value of Financial Instruments (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Non-cash mark to market derivative gain (losses)			$ 970,000	$ (256,000)
Estimate of Fair Value
Fair value of financial instruments [Abstract]
Long-term debt, fair value disclosure	$ 879,418,000		879,418,000		$ 612,264,000
Carrying Amount
Fair value of financial instruments [Abstract]
Long-term debt, fair value disclosure	860,026,000		860,026,000		605,123,000
Aircraft operations expense
Derivative Instruments, Gain (Loss) [Line Items]
Non-cash mark to market derivative gain (losses)	821,000	$ 108,000	970,000	$ 256,000
Cash settlements	97,000		97,000
Fuel derivative contracts | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Fair value of fuel derivative contracts	$ 1,552,000		$ 1,552,000		$ 0

Business Segment Information (D

Business Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Total revenue	$ 292,572	$ 263,602	$ 561,970	$ 501,901
Operating expenses, excluding depreciation & amortization	(217,333)	(193,712)	(423,149)	(386,180)
Depreciation & amortization	(23,499)	(21,154)	(46,065)	(41,198)
Interest expense	(7,908)	(5,163)	(15,708)	(10,148)
Other income, net	464	1,172	774	1,536
Income tax expense	(17,315)	(17,339)	(30,417)	(25,629)
Income (loss) from continuing operations	26,981	27,406	47,405	40,282
Loss on discontinued operations, net of tax		(340)		(349)
Segment net income (loss)	26,981	27,066	47,405	39,933
Less net income (loss) attributable to non-controlling interests	(1)	243	(30)	482
Net income (loss) attributable to Air Methods Corporation and subsidiaries	26,982	26,823	47,435	39,451
External revenue
Segment Reporting Information [Line Items]
Total revenue	292,572	263,602	561,970	501,901
Intersegment revenue
Segment Reporting Information [Line Items]
Total revenue
Operating Segments | AMS
Segment Reporting Information [Line Items]
Total revenue	252,939	224,708	488,154	430,649
Operating expenses, excluding depreciation & amortization	(171,805)	(152,269)	(335,515)	(306,293)
Depreciation & amortization	(19,741)	(17,682)	(38,565)	(34,614)
Interest expense	(6,460)	(3,750)	(12,602)	(7,422)
Other income, net	421	1,254	936	1,815
Income tax expense
Income (loss) from continuing operations		52,261		84,135
Loss on discontinued operations, net of tax		(340)		(349)
Segment net income (loss)	55,354	51,921	102,408	83,786
Less net income (loss) attributable to non-controlling interests	(1)	(22)	(30)	(60)
Net income (loss) attributable to Air Methods Corporation and subsidiaries	55,355	51,943	102,438	83,846
Operating Segments | AMS | External revenue
Segment Reporting Information [Line Items]
Total revenue	252,939	224,708	488,154	430,649
Operating Segments | AMS | Intersegment revenue
Segment Reporting Information [Line Items]
Total revenue
Operating Segments | Tourism
Segment Reporting Information [Line Items]
Total revenue	32,215	34,444	59,461	62,665
Operating expenses, excluding depreciation & amortization	(26,894)	(27,421)	(50,315)	(51,936)
Depreciation & amortization	(2,315)	(1,962)	(4,581)	(3,789)
Interest expense	(1,046)	(874)	(2,115)	(1,656)
Other income, net	17	2	34	3
Income tax expense
Income (loss) from continuing operations		4,189		5,287
Loss on discontinued operations, net of tax
Segment net income (loss)	1,977	4,189	2,484	5,287
Less net income (loss) attributable to non-controlling interests		265		542
Net income (loss) attributable to Air Methods Corporation and subsidiaries	1,977	3,924	2,484	4,745
Operating Segments | Tourism | External revenue
Segment Reporting Information [Line Items]
Total revenue	32,215	34,444	59,461	62,665
Operating Segments | Tourism | Intersegment revenue
Segment Reporting Information [Line Items]
Total revenue
Operating Segments | UR
Segment Reporting Information [Line Items]
Total revenue	11,123	9,202	23,431	21,703
Operating expenses, excluding depreciation & amortization	(9,639)	(8,418)	(20,581)	(19,134)
Depreciation & amortization	(848)	(907)	(1,745)	(1,656)
Interest expense
Other income, net
Income tax expense
Income (loss) from continuing operations		(123)		913
Loss on discontinued operations, net of tax
Segment net income (loss)	636	(123)	1,105	913
Less net income (loss) attributable to non-controlling interests
Net income (loss) attributable to Air Methods Corporation and subsidiaries	636	(123)	1,105	913
Operating Segments | UR | External revenue
Segment Reporting Information [Line Items]
Total revenue	7,418	4,449	14,355	8,583
Operating Segments | UR | Intersegment revenue
Segment Reporting Information [Line Items]
Total revenue	3,705	4,753	9,076	13,120
Corporate Activities
Segment Reporting Information [Line Items]
Total revenue		1		4
Operating expenses, excluding depreciation & amortization	(12,080)	(10,177)	(24,446)	(20,991)
Depreciation & amortization	(595)	(603)	(1,174)	(1,139)
Interest expense	(406)	(541)	(999)	(1,074)
Other income, net	30	(82)	(188)	(278)
Income tax expense	(17,315)	(17,339)	(30,417)	(25,629)
Income (loss) from continuing operations		(28,741)		(49,107)
Loss on discontinued operations, net of tax
Segment net income (loss)	(30,366)	(28,741)	(57,224)	(49,107)
Less net income (loss) attributable to non-controlling interests
Net income (loss) attributable to Air Methods Corporation and subsidiaries	(30,366)	(28,741)	(57,224)	(49,107)
Corporate Activities | External revenue
Segment Reporting Information [Line Items]
Total revenue		1		4
Corporate Activities | Intersegment revenue
Segment Reporting Information [Line Items]
Total revenue
Intersegment Eliminations
Segment Reporting Information [Line Items]
Total revenue	(3,705)	(4,753)	(9,076)	(13,120)
Operating expenses, excluding depreciation & amortization	3,085	4,573	7,708	12,174
Depreciation & amortization	4
Interest expense	(4)	2	8	4
Other income, net		(2)	(8)	(4)
Income tax expense
Income (loss) from continuing operations		(180)		(946)
Loss on discontinued operations, net of tax
Segment net income (loss)	(620)	(180)	(1,368)	(946)
Less net income (loss) attributable to non-controlling interests
Net income (loss) attributable to Air Methods Corporation and subsidiaries	(620)	(180)	(1,368)	(946)
Intersegment Eliminations | External revenue
Segment Reporting Information [Line Items]
Total revenue
Intersegment Eliminations | Intersegment revenue
Segment Reporting Information [Line Items]
Total revenue	$ (3,705)	$ (4,753)	$ (9,076)	$ (13,120)

New Accounting Pronouncements (

New Accounting Pronouncements (Details) - USD ($)	1 Months Ended	6 Months Ended
	Jan. 31, 2016	Jun. 30, 2015	Dec. 31, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Cumulative-effect reduction of in retained earnings	$ 80,000
Excess tax benefit reclassified from financing activities to operating activities		$ 160,000
Debt issuance costs reclassified to current installments of long term debt			$ 1,194,000
Debt issuance costs reclassified to long term debt			$ 4,379,000