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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2015
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,

 

2015

 

2014

 

2015

 

2014

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations, net of taxes

$

83 

 

$

94 

 

$

335 

 

$

95 

Less: Income from continuing operations attributable

 

 

 

 

 

 

 

 

 

 

 

to noncontrolling interests, net of taxes

 

23 

 

 

33 

 

 

67 

 

 

75 

Income from continuing operations attributable to

 

 

 

 

 

 

 

 

 

 

 

Community Health Systems, Inc. common

 

 

 

 

 

 

 

 

 

 

 

stockholders — basic and diluted

$

60 

 

$

61 

 

$

268 

 

$

20 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) income from discontinued operations, net of taxes

$

(8)

 

$

 

$

(27)

 

$

(28)

Less: Loss from discontinued operations attributable

 

 

 

 

 

 

 

 

 

 

 

to noncontrolling interests, net of taxes

 

 -

 

 

 -

 

 

 -

 

 

 -

(Loss) income from discontinued operations attributable to

 

 

 

 

 

 

 

 

 

 

 

Community Health Systems, Inc. common

 

 

 

 

 

 

 

 

 

 

 

stockholders — basic and diluted

$

(8)

 

$

 

$

(27)

 

$

(28)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of shares outstanding — basic

 

115,319,986 

 

 

113,138,663 

 

 

114,981,457 

 

 

110,871,066 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Restricted stock awards

 

593,713 

 

 

506,345 

 

 

405,395 

 

 

292,414 

Employee stock options

 

439,717 

 

 

679,748 

 

 

448,679 

 

 

582,216 

Other equity-based awards

 

14,741 

 

 

19,022 

 

 

9,650 

 

 

11,694 

Weighted-average number of shares outstanding — diluted

 

116,368,157 

 

 

114,343,778 

 

 

115,845,181 

 

 

111,757,390 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Antidilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

September 30,

 

September 30,

 

2015

 

2014

 

2015

 

2014

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