Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

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				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Weighted-average number of shares outstanding — basic		115,015,460		113,891,721		114,764,050		113,672,798
Effect of dilutive securities:
Restricted stock awards		500,857	—			205,600	—
Employee stock options		2,193	—			890	—
Other equity-based awards		122,342	—			41,662	—
Weighted-average number of shares outstanding — diluted		115,640,852		113,891,721		115,012,202		113,672,798

Schedule of Antidilutive Securities

The Company generated a loss attributable to Community Health Systems, Inc. common stockholders for the three and nine months ended September 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 nine months ended September 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 69,042 and 52,925, respectively.

	Three Months Ended			Nine Months Ended
	September 30,			September 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		1,846,026	3,916,277		3,673,618	3,911,242