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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2014
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,

 

2014

 

2013

 

2014

 

2013

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations, net of taxes

$

93 

 

$

28 

 

$

93 

 

$

180 

Less: Income from continuing operations attributable

 

 

 

 

 

 

 

 

 

 

 

to noncontrolling interests

 

32 

 

 

18 

 

 

75 

 

 

52 

Income from continuing operations attributable to

 

 

 

 

 

 

 

 

 

 

 

Community Health Systems, Inc. common

 

 

 

 

 

 

 

 

 

 

 

stockholders — basic and diluted

$

61 

 

$

10 

 

$

18 

 

$

128 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from discontinued operations, net of taxes

$

 

$

(6)

 

$

(26)

 

$

(15)

Less: Loss from discontinued operations attributable

 

 

 

 

 

 

 

 

 

 

 

to noncontrolling interests

 

 -

 

 

 -

 

 

 -

 

 

 -

Income (loss) from discontinued operations attributable to

 

 

 

 

 

 

 

 

 

 

 

Community Health Systems, Inc. common

 

 

 

 

 

 

 

 

 

 

 

stockholders — basic and diluted

$

 

$

(6)

 

$

(26)

 

$

(15)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of shares outstanding — basic

 

113,138,663 

 

 

93,259,027 

 

 

110,871,066 

 

 

92,384,270 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Restricted stock awards

 

506,345 

 

 

521,460 

 

 

292,414 

 

 

381,893 

Employee stock options

 

679,748 

 

 

681,991 

 

 

582,216 

 

 

733,923 

Other equity-based awards

 

19,022 

 

 

21,118 

 

 

11,694 

 

 

16,072 

Weighted-average number of shares outstanding — diluted

 

114,343,778 

 

 

94,483,596 

 

 

111,757,390 

 

 

93,516,158 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Antidilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

September 30,

 

September 30,

 

2014

 

2013

 

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

 

 -

 

 

 -

 

 

630,333 

 

 

 -