XML 129 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share
12 Months Ended
Dec. 31, 2012
Earnings per Share [Abstract]  
Earnings Per Share Disclosure

 

 

12.  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,

 

 

2012

 

2011

 

2010

Numerator:

 

 

 

 

 

 

 

 

 

Income from continuing operations, net of taxes

 

$

346,269 

 

$

335,894 

 

$

355,213 

Less: Income from continuing operations attributable to

 

 

 

 

 

 

 

 

 

noncontrolling interests, net of taxes

 

 

80,163 

 

 

75,675 

 

 

68,577 

Income from continuing operations attributable to Community

 

 

 

 

 

 

 

 

 

Health Systems, Inc. common stockholders — basic and diluted

 

$

266,106 

 

$

260,219 

 

$

286,636 

 

 

 

 

 

 

 

 

 

 

Loss from discontinued operations, net of taxes

 

$

(466)

 

$

(58,271)

 

$

(6,772)

Less: Loss from discontinued operations attributable to

 

 

 

 

 

 

 

 

 

noncontrolling interests, net of taxes

 

 

 -

 

 

 -

 

 

(119)

Loss from discontinued operations attributable to Community

 

 

 

 

 

 

 

 

 

Health Systems, Inc. common stockholders — basic and diluted

 

$

(466)

 

$

(58,271)

 

$

(6,653)

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average number of shares outstanding — basic

 

 

89,242,949 

 

 

89,966,933 

 

 

91,718,791 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Restricted stock awards

 

 

335,664 

 

 

327,652 

 

 

542,488 

Employee stock options

 

 

212,227 

 

 

361,554 

 

 

667,606 

Other equity-based awards

 

 

16,097 

 

 

10,209 

 

 

17,163 

Weighted-average number of shares outstanding — diluted

 

 

89,806,937 

 

 

90,666,348 

 

 

92,946,048 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2012

 

2011

 

2010

 

 

 

 

 

 

 

 

 

 

Employee stock options and restricted stock awards

 

 

7,071,896 

 

 

6,432,281 

 

 

4,882,338