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Earnings Per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share Disclosure









8.  EARNINGS PER SHARE 

The following table sets forth the components of the denominator for the computation of basic and diluted (loss) earnings per share attributable to Community Health Systems, Inc. common stockholders:



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended

 

Six Months Ended



June 30,

 

June 30,

 

2019

 

2018

 

2019

 

2018

Weighted-average number of shares outstanding — basic

 

113,862,097 

 

 

112,837,944 

 

 

113,561,523 

 

 

112,566,230 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Restricted stock awards

 

 -

 

 

 -

 

 

 -

 

 

 -

Employee stock options

 

 -

 

 

 -

 

 

 -

 

 

 -

Other equity-based awards

 

 -

 

 

 -

 

 

 -

 

 

 -

Weighted-average number of shares outstanding — diluted

 

113,862,097 

 

 

112,837,944 

 

 

113,561,523 

 

 

112,566,230 



 

 

 

 

 

 

 

 

 

 

 

The Company generated a loss attributable to Community Health Systems, Inc. common stockholders for the three and six-month periods ended June 30, 2019 and 2018, so the effect of dilutive securities is not considered because their effect would be antidilutive. If the Company had generated income, the effect of restricted stock awards on the diluted shares calculation would have been an increase of 30,472 shares and 47,754 shares during the three months ended June 30, 2019 and 2018, respectively, and 44,867 shares and 60,558 shares during the six months ended June 30, 2019 and 2018, respectively.









 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended



June 30,

 

June 30,

 

2019

 

2018

 

2019

 

2018

Dilutive securities outstanding not included in

 

 

 

 

 

 

 

 

 

 

 

the computation of earnings per

 

 

 

 

 

 

 

 

 

 

 

share because their effect is antidilutive:

 

 

 

 

 

 

 

 

 

 

 

Employee stock options and restricted stock awards

 

4,020,947 

 

 

1,792,512 

 

 

3,908,725 

 

 

1,856,431