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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2011
Earnings per Share [Abstract]  
Components for computation of basic and diluted 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):

 

                         
    Year Ended December 31,  
    2011     2010     2009  

Numerator:

                       

Income from continuing operations, net of taxes

  $ 335,894     $ 355,213     $ 305,811  

Less: Income from continuing operations attributable to noncontrolling interests, net of taxes

    75,675       68,577       62,948  
   

 

 

   

 

 

   

 

 

 

Income from continuing operations attributable to Community Health

                       

Systems, Inc. common stockholders — basic and diluted

  $ 260,219     $ 286,636     $ 242,863  
   

 

 

   

 

 

   

 

 

 

(Loss) income from discontinued operations, net of taxes

  $ (58,271   $ (6,772   $ 566  

Less: (Loss) income from discontinued operations attributable to noncontrolling interests, net of taxes

    —         (119     279  
   

 

 

   

 

 

   

 

 

 

Loss from discontinued operations attributable to Community Health Systems, Inc. common stockholders - basic and diluted

  $ (58,271   $ (6,653   $ 287  
   

 

 

   

 

 

   

 

 

 

Denominator:

                       

Weighted-average number of shares outstanding – basic

    89,966,933       91,718,791       90,614,886  

Effect of dilutive securities:

                       

Restricted stock awards

    327,652       542,488       469,134  

Employee stock options

    361,554       667,606       422,637  

Other equity-based awards

    10,209       17,163       10,617  
   

 

 

   

 

 

   

 

 

 

Weighted-average number of shares outstanding – diluted

    90,666,348       92,946,048       91,517,274  
Dilutive securities outstanding not included in the computation of earnings per share because their effect is antidilutive

Dilutive securities outstanding not included in the computation of earnings per share because their effect is antidilutive:

                       
       

Employee stock options

    6,432,281       4,882,338       6,820,393