Earnings Per Share

12 Months Ended

Dec. 31, 2017

13. EARNINGS PER SHARE

The following table sets forth the components of the numerator and denominator for the computation of basic and diluted (loss) earnings per share for loss from continuing operations, discontinued operations and net loss attributable to Community Health Systems, Inc. common stockholders (in millions, except share data):



	Year Ended December 31,
	2017		2016		2015
Numerator:
(Loss) income from continuing operations, net of taxes	$	(2,384)	$	(1,611)	$	295
Less: Income from continuing operations attributable
to noncontrolling interests, net of taxes		63		95		101
(Loss) income from continuing operations attributable to
Community Health Systems, Inc. common
stockholders — basic and diluted	$	(2,447)	$	(1,706)	$	194

Loss from discontinued operations, net of taxes	$	(12)	$	(15)	$	(36)
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	$	(12)	$	(15)	$	(36)

Denominator:
Weighted-average number of shares outstanding — basic		111,769,821		110,730,971		114,454,674
Effect of dilutive securities:
Restricted stock awards		-		-		449,961
Employee stock options		-		-		357,188
Other equity-based awards		-		-		10,581
Weighted-average number of shares outstanding — diluted		111,769,821		110,730,971		115,272,404

The Company generated a loss from continuing operations attributable to Community Health Systems, Inc. common stockholders for the years ended December 31, 2017 and 2016, so the effect of dilutive securities is not considered because their effect would be antidilutive. If the Company had generated income from continuing operations during the years ended December 31, 2017 and 2016, the effect of restricted stock awards, employee stock options, and other equity-based awards on the diluted shares calculation would have been an increase in shares of 111,464 and 331,518, respectively.



	Year Ended December 31,
	2017		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		3,008,919		2,554,627		255,564