Earnings Per Share

3 Months Ended

Mar. 31, 2016

9. 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):



	Three Months Ended
	March 31,
	2016		2015
Numerator:
Income from continuing operations, net of taxes	$	37	$	112
Less: Income from continuing operations attributable
to noncontrolling interests, net of taxes		25		20
Income from continuing operations attributable to
Community Health Systems, Inc. common
stockholders — basic and diluted	$	12	$	92

Loss from discontinued operations, net of taxes	$	(1)	$	(13)
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	$	(1)	$	(13)

Denominator:
Weighted-average number of shares outstanding — basic		110,247,867		114,419,590
Effect of dilutive securities:
Restricted stock awards		45,257		181,120
Employee stock options		13,038		452,659
Other equity-based awards		3,210		4,299
Weighted-average number of shares outstanding — diluted		110,309,372		115,057,668



	Three Months Ended
	March 31,
	2016		2015
Dilutive securities outstanding not included in
the computation of earnings per
share because their effect is antidilutive:
Employee stock options and restricted stock awards		2,672,726		-