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Earnings per Share
3 Months Ended
Mar. 31, 2014
Earnings per Share [Abstract]  
Earnings Per Share Disclosure

 

 

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 (loss) from continuing operations, discontinued operations and net (loss) income attributable to Community Health Systems, Inc. common stockholders (in millions, except share data):  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

March 31,

 

2014

 

2013

Numerator:

 

 

 

 

 

(Loss) income from continuing operations, net of taxes

$

(78)

 

$

98 

Less: Income from continuing operations attributable

 

 

 

 

 

to noncontrolling interests

 

14 

 

 

17 

(Loss) income from continuing operations attributable to

 

 

 

 

 

Community Health Systems, Inc. common

 

 

 

 

 

stockholders — basic and diluted

$

(92)

 

$

81 

 

 

 

 

 

 

Loss from discontinued operations, net of taxes

$

(20)

 

$

(2)

Less: Loss from discontinued operations attributable

 

 

 

 

 

to noncontrolling interests

 

 -

 

 

 -

Loss from discontinued operations attributable to

 

 

 

 

 

Community Health Systems, Inc. common

 

 

 

 

 

stockholders — basic and diluted

$

(20)

 

$

(2)

 

 

 

 

 

 

Denominator:

 

 

 

 

 

Weighted-average number of shares outstanding — basic

 

106,601,997 

 

 

91,002,615 

Effect of dilutive securities:

 

 

 

 

 

Restricted stock awards

 

103,368 

 

 

281,447 

Employee stock options

 

470,133 

 

 

705,189 

Other equity-based awards

 

5,086 

 

 

9,742 

Weighted-average number of shares outstanding — diluted

 

107,180,584 

 

 

91,998,993 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

March 31,

 

2014

 

2013

Dilutive securities outstanding not included in

 

 

 

 

 

the computation of earnings per

 

 

 

 

 

share because their effect is antidilutive:

 

 

 

 

 

Employee stock options and restricted stock awards

 

1,891,000 

 

 

 -