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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2019 and 2018 (in thousands, except per share amounts):

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Acadia Healthcare

   Company, Inc.

 

$

48,140

 

 

$

58,836

 

 

$

77,611

 

 

$

109,655

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding for basic

   earnings per share

 

 

87,618

 

 

 

87,303

 

 

 

87,562

 

 

 

87,205

 

Effect of dilutive instruments

 

 

219

 

 

 

164

 

 

 

208

 

 

 

146

 

Shares used in computing diluted earnings per

   common share

 

 

87,837

 

 

 

87,467

 

 

 

87,770

 

 

 

87,351

 

Earnings per share attributable to Acadia Healthcare

   Company, Inc. stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.55

 

 

$

0.67

 

 

$

0.89

 

 

$

1.26

 

Diluted

 

$

0.55

 

 

$

0.67

 

 

$

0.88

 

 

$

1.26