Earnings Per Share

12 Months Ended

Dec. 31, 2015

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



	Year Ended December 31,
	2015		2014		2013
Numerator:
Income from continuing operations, net of taxes	$	295	$	260	$	242
Less: Income from continuing operations attributable
to noncontrolling interests, net of taxes		101		111		76
Income from continuing operations attributable to
Community Health Systems, Inc. common
stockholders — basic and diluted	$	194	$	149	$	166

Loss from discontinued operations, net of taxes	$	(36)	$	(57)	$	(25)
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	$	(36)	$	(57)	$	(25)

Denominator:
Weighted-average number of shares outstanding — basic		114,454,674		111,579,088		92,633,332
Effect of dilutive securities:
Restricted stock awards		449,961		377,190		448,567
Employee stock options		357,188		578,395		714,560
Other equity-based awards		10,581		14,647		18,554
Weighted-average number of shares outstanding — diluted		115,272,404		112,549,320		93,815,013



	Year Ended December 31,
	2015		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		255,564		472,570		-