COMPUTATION OF NET INCOME PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2022

Schedule of Reconciliation of the Numerator and Denominator Used in the Calculation of Basic Net Income Per Common Share

A reconciliation of the numerator and denominator used in the calculation of basic net income per common share follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
NUMERATOR:
Net income	$	56,242	$	48,344	$	164,133	$	148,764
Less: net income (loss) attributable to noncontrolling interests	63		1,063		(77)		2,852
Net income attributable to The Ensign Group, Inc.	$	56,179	$	47,281	$	164,210	$	145,912





DENOMINATOR:
Weighted average shares outstanding for basic net income per share	54,882		54,627		54,819		54,430

Basic net income per common share:	$	1.02	$	0.87	$	3.00	$	2.68

Schedule of Reconciliation of the Numerator and Denominator Used in the Calculation of Diluted Net Income Per Common Share

A reconciliation of the numerator and denominator used in the calculation of diluted net income per common share follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
NUMERATOR:
Net income	$	56,242	$	48,344	$	164,133	$	148,764
Less: net income (loss) attributable to noncontrolling interests	63		1,063		(77)		2,852
Net income attributable to The Ensign Group, Inc.	$	56,179	$	47,281	$	164,210	$	145,912





DENOMINATOR:
Weighted average common shares outstanding	54,882		54,627		54,819		54,430
Plus: incremental shares from assumed conversion (1)	1,879		2,344		2,010		2,524
Adjusted weighted average common shares outstanding	56,761		56,971		56,829		56,954

Diluted net income per common share:	$	0.99	$	0.83	$	2.89	$	2.56

(1) Options outstanding which are anti-dilutive and therefore not factored into the weighted average common shares amount above were 918 and 734 for the three and nine months ended September 30, 2022, respectively, and 365 and 139 for the three and nine months ended September 30, 2021, respectively.