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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

September 30,

 

September 30,

 

2013

 

2012

 

2013

 

2012

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations, net of taxes

$

21,598 

 

$

58,758 

 

$

165,006 

 

$

260,643 

Less: Income from continuing operations attributable

 

 

 

 

 

 

 

 

 

 

 

to noncontrolling interests, net of taxes

 

17,503 

 

 

14,525 

 

 

51,984 

 

 

57,111 

Income from continuing operations attributable to

 

 

 

 

 

 

 

 

 

 

 

Community Health Systems, Inc. common

 

 

 

 

 

 

 

 

 

 

 

stockholders — basic and diluted

$

4,095 

 

$

44,233 

 

$

113,022 

 

$

203,532 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

93,259,027 

 

 

89,259,950 

 

 

92,384,270 

 

 

89,028,249 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Restricted stock awards

 

521,460 

 

 

449,811 

 

 

381,893 

 

 

210,418 

Employee stock options

 

681,991 

 

 

280,495 

 

 

733,923 

 

 

214,082 

Other equity-based awards

 

21,118 

 

 

18,857 

 

 

16,072 

 

 

12,238 

Weighted-average number of shares outstanding — diluted

 

94,483,596 

 

 

90,009,113 

 

 

93,516,158 

 

 

89,464,987 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Antidilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

September 30,

 

September 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

 

 -

 

 

6,529,182 

 

 

 -

 

 

6,776,487