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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

 

2013

 

2012

 

2013

 

2012

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations, net of taxes

$

47,085 

 

$

102,167 

 

$

143,408 

 

$

201,885 

Less: Income from continuing operations attributable

 

 

 

 

 

 

 

 

 

 

 

to noncontrolling interests, net of taxes

 

17,332 

 

 

18,808 

 

 

34,481 

 

 

42,586 

Income from continuing operations attributable to

 

 

 

 

 

 

 

 

 

 

 

Community Health Systems, Inc. common

 

 

 

 

 

 

 

 

 

 

 

stockholders — basic and diluted

$

29,753 

 

$

83,359 

 

$

108,927 

 

$

159,299 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from discontinued operations, net of taxes

$

 -

 

$

 -

 

$

 -

 

$

(466)

Less: Loss from discontinued operations attributable

 

 

 

 

 

 

 

 

 

 

 

to noncontrolling interests, net of taxes

 

 -

 

 

 -

 

 

 -

 

 

 -

Loss from discontinued operations attributable to

 

 

 

 

 

 

 

 

 

 

 

Community Health Systems, Inc. common

 

 

 

 

 

 

 

 

 

 

 

stockholders — basic and diluted

$

 -

 

$

 -

 

$

 -

 

$

(466)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of shares outstanding — basic

 

92,866,370 

 

 

89,147,472 

 

 

91,939,641 

 

 

88,911,126 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Restricted stock awards

 

413,785 

 

 

160,211 

 

 

312,323 

 

 

90,722 

Employee stock options

 

811,858 

 

 

214,353 

 

 

759,890 

 

 

180,876 

Other equity-based awards

 

17,355 

 

 

8,603 

 

 

13,548 

 

 

8,927 

Weighted-average number of shares outstanding — diluted

 

94,109,368 

 

 

89,530,639 

 

 

93,025,402 

 

 

89,191,651 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Antidilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

 

2013

 

2012

 

2013

 

2012

Dilutive securities outstanding not included in

 

 

 

 

 

 

 

 

 

 

 

the computation of earnings per

 

 

 

 

 

 

 

 

 

 

 

share because their effect is antidilutive:

 

 

 

 

 

 

 

 

 

 

 

Employee stock options and restricted stock awards

 

 -

 

 

6,774,748 

 

 

 -

 

 

6,895,140