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Earnings per Common Share (Tables)
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share (in millions, except per share amounts):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Basic:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Income from continuing operations
$
81.3

 
$
61.8

 
$
158.1

 
$
121.1

Less: Net income attributable to noncontrolling interests included in continuing operations
(18.6
)
 
(17.3
)
 
(37.3
)
 
(33.8
)
Less: Income allocated to participating securities
(0.2
)
 
(0.3
)
 
(0.4
)
 
(0.6
)
Less: Convertible perpetual preferred stock dividends
—

 
—

 
—

 
(1.6
)
Income from continuing operations attributable to HealthSouth common shareholders
62.5

 
44.2

 
120.4

 
85.1

Loss from discontinued operations, net of tax, attributable to HealthSouth common shareholders
(0.1
)
 
(1.6
)
 
(0.2
)
 
(1.9
)
Net income attributable to HealthSouth common shareholders
$
62.4

 
$
42.6

 
$
120.2

 
$
83.2

Denominator:
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
89.3

 
89.8

 
89.4

 
88.4

Basic earnings per share attributable to HealthSouth common shareholders:
 
 
 
 
 
 
 
Continuing operations
$
0.70

 
$
0.49

 
$
1.34

 
$
0.96

Discontinued operations
—

 
(0.02
)
 
—

 
(0.02
)
Net income
$
0.70

 
$
0.47

 
$
1.34

 
$
0.94

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Income from continuing operations
$
81.3

 
$
61.8

 
$
158.1

 
$
121.1

Less: Net income attributable to noncontrolling interests included in continuing operations
(18.6
)
 
(17.3
)
 
(37.3
)
 
(33.8
)
Add: Interest on convertible debt, net of tax
2.4

 
2.3

 
4.8

 
4.6

Income from continuing operations attributable to HealthSouth common shareholders
65.1

 
46.8

 
125.6

 
91.9

Loss from discontinued operations, net of tax, attributable to HealthSouth common shareholders
(0.1
)
 
(1.6
)
 
(0.2
)
 
(1.9
)
Net income attributable to HealthSouth common shareholders
$
65.0

 
$
45.2

 
$
125.4

 
$
90.0

Denominator:
 
 
 
 
 
 
 
Diluted weighted average common shares outstanding
99.4

 
101.5

 
99.4

 
101.3

Diluted earnings per share attributable to HealthSouth common shareholders:
 
 
 
 
 
 
 
Continuing operations
$
0.65

 
$
0.47

 
$
1.26

 
$
0.91

Discontinued operations
—

 
(0.02
)
 
—

 
(0.02
)
Net income
$
0.65

 
$
0.45

 
$
1.26

 
$
0.89
Reconciliation of Weighted Average Number of Shares Outstanding
The following table sets forth the reconciliation between basic weighted average common shares outstanding and diluted weighted average common shares outstanding (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Basic weighted average common shares outstanding
89.3

 
89.8

 
89.4

 
88.4

Convertible perpetual preferred stock
—

 
0.8

 
—

 
2.0

Convertible senior subordinated notes
8.5

 
8.2

 
8.5

 
8.2

Restricted stock awards, dilutive stock options, restricted stock units, and common stock warrants
1.6

 
2.7

 
1.5

 
2.7

Diluted weighted average common shares outstanding
99.4

 
101.5

 
99.4

 
101.3