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Quarterly Results (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data

The quarterly financial data is prepared on the same basis as the audited annual financial statements, and include all adjustments, which include only normal recurring adjustments, necessary for the fair statement of our results of operations for these periods. The following tables summarize the quarterly financial data for the two years ended December 31, 2019 and 2018:

 

2019

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

Total

 

 

 

(amounts in thousands, except per share amounts)

 

Net revenues

 

$

2,804,391

 

 

$

2,855,168

 

 

$

2,822,453

 

 

$

2,896,247

 

 

$

11,378,259

 

Net income

 

$

237,398

 

 

$

241,265

 

 

$

100,870

 

 

$

248,010

 

 

$

827,543

 

Less: Net income attributable to noncontrolling interests

 

$

3,230

 

 

$

2,945

 

 

$

3,680

 

 

$

2,834

 

 

$

12,689

 

Net income attributable to UHS

 

$

234,168

 

 

$

238,320

 

 

$

97,190

 

 

$

245,176

 

 

$

814,854

 

Earnings per share attributable to UHS-Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total basic earnings per share

 

$

2.57

 

 

$

2.67

 

 

$

1.10

 

 

$

2.81

 

 

$

9.16

 

Earnings per share attributable to UHS-Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total diluted earnings per share

 

$

2.57

 

 

$

2.66

 

 

$

1.10

 

 

$

2.79

 

 

$

9.13

 

 

2018

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

Total

 

 

 

(amounts in thousands, except per share amounts)

 

Net revenues

 

$

2,687,516

 

 

$

2,681,353

 

 

$

2,648,913

 

 

$

2,754,496

 

 

$

10,772,278

 

Net income

 

$

228,669

 

 

$

230,711

 

 

$

174,881

 

 

$

163,622

 

 

$

797,883

 

Less: Net income attributable to noncontrolling interests

 

$

4,837

 

 

$

4,659

 

 

$

3,135

 

 

$

5,547

 

 

$

18,178

 

Net income attributable to UHS

 

$

223,832

 

 

$

226,052

 

 

$

171,746

 

 

$

158,075

 

 

$

779,705

 

Earnings per share attributable to UHS-Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total basic earnings per share

 

$

2.37

 

 

$

2.40

 

 

$

1.85

 

 

$

1.71

 

 

$

8.35

 

Earnings per share attributable to UHS-Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total diluted earnings per share

 

$

2.36

 

 

$

2.39

 

 

$

1.84

 

 

$

1.70

 

 

$

8.31