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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Components of Denominator for Computation of Basic and Diluted Loss Per Share

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

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Weighted-average number of shares outstanding — basic

 

 

114,972,408

 

 

 

113,862,097

 

 

 

114,636,963

 

 

 

113,561,523

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock awards

 

 

41,253

 

 

 

 

 

59,295

 

 

 

Employee stock options

 

 

 

 

 

 

 

238

 

 

 

Other equity-based awards

 

 

 

 

 

 

 

 

Weighted-average number of shares outstanding — diluted

 

 

115,013,661

 

 

 

113,862,097

 

 

 

114,696,496

 

 

 

113,561,523

 

 

Schedule of Antidilutive Securities

The Company generated a loss attributable to Community Health Systems, Inc. common stockholders for the three and six months ended June 30, 2019, so the effect of dilutive securities is not considered because their effect would be antidilutive. If the Company had generated income during the three and six months ended June 30, 2019, 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 30,472 and 44,867, respectively.

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Dilutive securities outstanding not included in the computation

   of earnings per share because their effect is antidilutive:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Employee stock options and restricted stock awards

 

 

4,323,656

 

 

 

4,020,947

 

 

 

4,587,414

 

 

 

3,908,725