Earnings per Share

9 Months Ended

Sep. 30, 2011

Earnings per Share [Abstract]

EARNINGS PER SHARE

8. EARNINGS PER SHARE

The following table sets forth the components of the numerator and denominator for the computation of basic and diluted earnings per share for income from continuing operations, discontinued operations and net income attributable to Community Health Systems, Inc. common stockholders (in thousands, except share data):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2011			2010			2011			2010
Numerator:
Income from continuing operations, net of taxes	$	95,800		$	88,009		$	280,279		$	260,745
Less: Income from continuing operations attributable to noncontrolling interests, net of taxes		18,327			14,484			53,486			45,816
Income from continuing operations attributable to Community Health Systems, Inc. common stockholders — basic and diluted	$	77,473		$	73,525		$	226,793		$	214,929
Loss from discontinued operations, net of taxes	$	(3,169	)	$	(3,155	)	$	(55,776	)	$	(4,553	)
Less: Loss from discontinued operations attributable to noncontrolling interests, net of taxes		—			(31	)		—			(97	)
Loss from discontinued operations attributable to Community Health Systems, Inc. common stockholders — basic and diluted	$	(3,169	)	$	(3,124	)	$	(55,776	)	$	(4,456	)
Denominator:
Weighted-average number of shares outstanding — basic		89,412,310			91,484,466			90,513,665			92,035,722
Effect of dilutive securities:
Restricted stock awards		307,631			570,002			275,561			472,296
Employee stock options		128,371			393,041			458,685			695,934
Other equity-based awards		9,271			15,193			8,558			15,957
Weighted-average number of shares outstanding — diluted		89,857,583			92,462,702			91,256,469			93,219,909
Dilutive securities outstanding not included in the computation of earnings per share because their effect is antidilutive:
Employee stock options		6,909,075			6,029,836			6,010,261			4,964,658