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Earnings Per Share
9 Months Ended
Sep. 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 per share attributable to Community Health Systems, Inc. common stockholders:



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended

 

Nine Months Ended



September 30,

 

September 30,

 

2019

 

2018

 

2019

 

2018

Weighted-average number of shares outstanding — basic

 

113,891,721 

 

 

112,865,482 

 

 

113,672,798 

 

 

112,667,077 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Restricted stock awards

 

 -

 

 

 -

 

 

 -

 

 

 -

Employee stock options

 

 -

 

 

 -

 

 

 -

 

 

 -

Other equity-based awards

 

 -

 

 

 -

 

 

 -

 

 

 -

Weighted-average number of shares outstanding — diluted

 

113,891,721 

 

 

112,865,482 

 

 

113,672,798 

 

 

112,667,077 



 

 

 

 

 

 

 

 

 

 

 

The Company generated a loss attributable to Community Health Systems, Inc. common stockholders for the three and nine-month periods ended September 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 69,042 shares and 4,001 shares during the three months ended September 30, 2019 and 2018, respectively, and 52,925 shares and 41,705 shares during the nine months ended September 30, 2019 and 2018, respectively.









 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended



September 30,

 

September 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

 

3,916,277 

 

 

3,474,782 

 

 

3,911,242 

 

 

2,395,881